KORE Group Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	276.61	268.45	248.44	213.76	169.15
Revenue Growth (YoY)	3.04%	8.06%	16.22%	26.37%	-
Cost of Revenue	128.56	129.15	121.36	97.93	63.67
Gross Profit	148.05	139.29	127.08	115.83	105.49
Selling, General & Admin	130.19	112.09	92.3	72.88	65.3
Other Operating Expenses	136.62	112.57	50.33	52.49	52.02
Operating Expenses	266.81	224.67	142.63	125.37	117.32
Operating Income	-118.76	-85.37	-15.56	-9.54	-11.83
Interest Expense / Income	43.23	31.84	23.26	23.49	24.79
Other Expense / Income	9.21	-0.59	-5.27	7.49	-0.24
Pretax Income	-171.2	-116.62	-33.55	-40.52	-36.38
Income Tax	-4.16	-10.42	-8.78	-5.32	-12.94
Net Income	-167.04	-106.2	-24.78	-35.2	-23.44
Shares Outstanding (Basic)	84	76	42	32	31
Shares Outstanding (Diluted)	84	76	42	32	31
Shares Change	10.70%	80.55%	32.49%	1.54%	-
EPS (Basic)	-1.99	-1.40	-1.04	-1.96	-1.45
EPS (Diluted)	-1.99	-1.40	-1.04	-1.96	-1.45
Free Cash Flow	-26.65	-0.19	-28.18	14.5	1.37
Free Cash Flow Per Share	-0.32	-0.00	-0.67	0.46	0.04
Gross Margin	53.52%	51.89%	51.15%	54.19%	62.36%
Operating Margin	-42.93%	-31.80%	-6.26%	-4.46%	-7.00%
Profit Margin	-60.39%	-39.56%	-9.97%	-16.47%	-13.86%
Free Cash Flow Margin	-9.63%	-0.07%	-11.34%	6.78%	0.81%
EBITDA	-67.27	-28.07	40.04	35.46	36.53
EBITDA Margin	-24.32%	-10.45%	16.12%	16.59%	21.60%
Depreciation & Amortization	60.69	56.72	50.33	52.49	48.13
EBIT	-127.97	-84.78	-10.29	-17.03	-11.6
EBIT Margin	-46.26%	-31.58%	-4.14%	-7.97%	-6.86%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).