PowerFleet, Inc. (AIOT)

PowerFleet Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	25.96	24.35	19.02	17.68	26.45	18.13
Cash & Short-Term Investments	25.96	24.35	19.02	17.68	26.45	18.13
Cash Growth	34.54%	28.03%	7.59%	-33.16%	45.93%	10.56%
Accounts Receivable	65.95	32.6	34.71	34.86	34	25.61
Receivables	74.5	32.6	34.71	34.86	34	25.61
Inventory	23.49	21.66	22.6	22.27	18.24	12.87
Prepaid Expenses	8.02	2.82	3.9	3.95	4.58	2.98
Restricted Cash	63.07	85.31	0.31	0.31	0.31	0.31
Other Current Assets	0.29	3.05	1.48	2.13	4.32	4.87
Total Current Assets	195.34	169.79	82.03	81.21	87.91	64.77
Property, Plant & Equipment	61.33	20.15	18.58	17.07	18.78	18.5
Goodwill	300.28	83.49	83.49	83.49	83.49	83.34
Other Intangible Assets	167.32	19.65	20.08	22.91	26.12	31.28
Long-Term Deferred Tax Assets	3.6	2.78	3.21	3.31	4.26	12.27
Long-Term Deferred Charges	7.41	-	-	-	0.25	2.23
Other Long-Term Assets	13.05	12.83	10.72	10.08	9.06	7.17
Total Assets	748.34	308.68	218.09	218.06	229.87	219.56
Accounts Payable	41.82	20.03	19.24	14.7	17.75	9.88
Accrued Expenses	20.74	12.02	9.52	9.15	8.72	8.63
Short-Term Debt	3.37	-	10.03	5.71	-	0.28
Current Portion of Long-Term Debt	31.97	1.95	11.06	4.6	6.11	5.3
Current Portion of Leases	2.25	1.79	1.5	2.44	2.64	2.76
Current Unearned Revenue	10.45	5.84	5.67	6.38	6.52	7.34
Other Current Liabilities	3.53	1.97	1.54	1.55	2.54	1.72
Total Current Liabilities	114.13	43.59	58.56	44.53	44.29	35.9
Long-Term Debt	111.01	113.81	-	11.4	18.11	23.18
Long-Term Leases	7.71	5.92	4.91	5.63	7.37	7.05
Long-Term Unearned Revenue	4.67	4.89	4.96	4.43	4.43	6.01
Long-Term Deferred Tax Liabilities	52.11	4.47	4.79	4.9	5.22	10.76
Other Long-Term Liabilities	7.58	7.09	6.96	6.15	5.59	5.39
Total Liabilities	297.23	179.77	80.17	77.04	85.01	88.28
Common Stock	1.1	0.39	0.39	0.38	0.37	0.32
Additional Paid-In Capital	641.74	202.61	212.7	219.06	234.08	206.5
Retained Earnings	-179	-154.8	-146.28	-140.81	-134.44	-121.15
Treasury Stock	-11.52	-8.68	-8.65	-8.51	-8.3	-6.86
Comprehensive Income & Other	-1.36	-0.99	-0.62	-1.21	0.39	0.4
Total Common Equity	450.95	38.53	57.54	68.91	92.11	79.21
Minority Interest	0.16	0.11	0.1	0.08	0.09	0.08
Shareholders' Equity	451.11	128.91	137.92	141.01	144.86	131.28
Total Liabilities & Equity	748.34	308.68	218.09	218.06	229.87	219.56
Total Debt	156.31	123.47	27.5	29.78	34.23	38.56
Net Cash (Debt)	-130.35	-99.12	-8.48	-12.1	-7.78	-20.44
Net Cash Per Share	-1.82	-2.77	-0.24	-0.34	-0.23	-0.69
Filing Date Shares Outstanding	132.08	107.52	105.98	35.46	35.46	35.17
Total Common Shares Outstanding	107.77	35.84	35.73	35.46	35.25	30.3
Working Capital	81.21	126.2	23.47	36.68	43.62	28.87
Book Value Per Share	4.18	1.08	1.61	1.94	2.61	2.61
Tangible Book Value	-16.65	-64.61	-46.02	-37.49	-17.5	-35.41
Tangible Book Value Per Share	-0.15	-1.80	-1.29	-1.06	-0.50	-1.17
Machinery	11.57	8.54	8.7	7.7	7.93	7.1
Leasehold Improvements	1.45	1.5	1.42	1.42	1.45	1.35

Source: S&P Capital IQ. Standard template. Financial Sources.