KORE Group Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	285.23	276.61	268.45	248.44	213.76	169.15
Revenue Growth (YoY)	7.01%	3.04%	8.05%	16.22%	26.37%	-
Cost of Revenue	129.71	128.56	129.15	121.36	97.93	63.67
Gross Profit	155.52	148.05	139.29	127.08	115.83	105.49
Selling, General & Admin	134.5	130.19	112.09	92.2	72.88	65.3
Operating Expenses	192.02	188.55	166.59	142.53	125.37	113.43
Operating Income	-36.5	-40.5	-27.3	-15.46	-9.54	-7.94
Interest Expense	-51.36	-43.23	-31.84	-23.26	-23.49	-24.79
Interest & Investment Income	1	0.55	0.46	-	-	-
Other Non Operating Income (Expenses)	-1.7	-7.18	0.13	5.27	-7.49	0.24
EBT Excluding Unusual Items	-88.56	-90.36	-58.54	-33.45	-40.52	-32.49
Merger & Restructuring Charges	-	-	-	-0.1	-	-
Impairment of Goodwill	-65.87	-78.26	-58.07	-	-	-
Asset Writedown	-	-	-	-	-	-3.89
Other Unusual Items	-2.58	-2.58	-	-	-	-
Pretax Income	-157.01	-171.2	-116.62	-33.55	-40.52	-36.38
Income Tax Expense	-2.69	-4.16	-10.42	-8.78	-5.32	-12.94
Net Income	-154.32	-167.04	-106.2	-24.78	-35.2	-23.44
Preferred Dividends & Other Adjustments	-	-	-	18.75	26.9	21.65
Net Income to Common	-154.32	-167.04	-106.2	-43.52	-62.1	-45.09
Shares Outstanding (Basic)	19	17	15	8	6	6
Shares Outstanding (Diluted)	19	17	15	8	6	6
Shares Change (YoY)	18.99%	10.70%	80.55%	32.49%	1.54%	-
EPS (Basic)	-8.12	-9.97	-7.01	-5.19	-9.81	-7.23
EPS (Diluted)	-8.12	-9.97	-7.01	-5.20	-9.81	-7.25
Free Cash Flow	-6.81	-10.85	13.05	-18.93	24.64	11.86
Free Cash Flow Per Share	-0.36	-0.65	0.86	-2.26	3.89	1.90
Gross Margin	54.52%	53.52%	51.89%	51.15%	54.19%	62.36%
Operating Margin	-12.80%	-14.64%	-10.17%	-6.22%	-4.46%	-4.70%
Profit Margin	-54.10%	-60.39%	-39.56%	-17.52%	-29.05%	-26.66%
Free Cash Flow Margin	-2.39%	-3.92%	4.86%	-7.62%	11.53%	7.01%
EBITDA	21.01	17.86	27.2	34.87	42.95	40.19
EBITDA Margin	7.37%	6.46%	10.13%	14.04%	20.09%	23.76%
D&A For EBITDA	57.51	58.36	54.5	50.33	52.49	48.13
EBIT	-36.5	-40.5	-27.3	-15.46	-9.54	-7.94
EBIT Margin	-12.80%	-14.64%	-10.17%	-6.22%	-4.46%	-4.70%
Revenue as Reported	285.23	276.61	268.45	248.44	213.76	169.15
Advertising Expenses	-	-	-	-	0.1	0.1

Updated Nov 19, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q