KORE Group Holdings, Inc. (KORE)

KORE Group Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	285.41	286.09	276.61	268.45	248.44	213.76
Revenue Growth (YoY)	0.06%	3.43%	3.04%	8.05%	16.22%	26.37%
Cost of Revenue	127.66	126.16	128.56	129.15	121.36	97.93
Gross Profit	157.75	159.93	148.05	139.29	127.08	115.83
Selling, General & Admin	127.56	140.64	130.19	112.09	92.2	72.88
Operating Expenses	182.73	196.86	188.55	166.59	142.53	125.37
Operating Income	-24.98	-36.93	-40.5	-27.3	-15.46	-9.54
Interest Expense	-53.04	-52.52	-43.23	-31.84	-23.26	-23.49
Interest & Investment Income	0.7	1.12	0.55	0.46	-	-
Other Non Operating Income (Expenses)	3.04	2.18	-7.18	0.13	5.27	-7.49
EBT Excluding Unusual Items	-74.27	-86.15	-90.36	-58.54	-33.45	-40.52
Merger & Restructuring Charges	-	-	-	-	-0.1	-
Impairment of Goodwill	0	-65.86	-78.26	-58.07	-	-
Other Unusual Items	-	-	-2.58	-	-	-
Pretax Income	-75.39	-152.01	-171.2	-116.62	-33.55	-40.52
Income Tax Expense	-5.45	-5.94	-4.16	-10.42	-8.78	-5.32
Net Income	-69.94	-146.08	-167.04	-106.2	-24.78	-35.2
Preferred Dividends & Other Adjustments	-	-	-	-	18.75	26.9
Net Income to Common	-69.94	-146.08	-167.04	-106.2	-43.52	-62.1
Shares Outstanding (Basic)	20	19	17	15	8	6
Shares Outstanding (Diluted)	20	19	17	15	8	6
Shares Change (YoY)	3.01%	14.83%	10.70%	80.55%	32.49%	1.54%
EPS (Basic)	-3.57	-7.59	-9.97	-7.01	-5.19	-9.81
EPS (Diluted)	-3.58	-7.59	-9.97	-7.01	-5.20	-9.81
Free Cash Flow	8.42	7.1	-10.85	13.05	-18.93	24.64
Free Cash Flow Per Share	0.43	0.37	-0.65	0.86	-2.26	3.89
Gross Margin	55.27%	55.90%	53.52%	51.89%	51.15%	54.19%
Operating Margin	-8.75%	-12.91%	-14.64%	-10.17%	-6.22%	-4.46%
Profit Margin	-24.51%	-51.06%	-60.39%	-39.56%	-17.52%	-29.05%
Free Cash Flow Margin	2.95%	2.48%	-3.92%	4.86%	-7.62%	11.53%
EBITDA	30.19	19.29	17.86	27.2	34.87	42.95
EBITDA Margin	10.58%	6.74%	6.46%	10.13%	14.04%	20.09%
D&A For EBITDA	55.16	56.22	58.36	54.5	50.33	52.49
EBIT	-24.98	-36.93	-40.5	-27.3	-15.46	-9.54
EBIT Margin	-8.75%	-12.91%	-14.64%	-10.17%	-6.22%	-4.46%
Revenue as Reported	285.41	286.09	276.61	268.45	248.44	213.76
Advertising Expenses	-	-	-	-	-	0.1

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q