KORE Group Holdings, Inc. (KORE)

KORE Group Holdings Statistics

Total Valuation

KORE has a market cap or net worth of $34.38 million. The enterprise value is $466.11 million.

Market Cap	34.38M
Enterprise Value	466.11M

Important Dates

The last earnings date was Tuesday, November 19, 2024, after market close.

Earnings Date	Nov 19, 2024
Ex-Dividend Date	n/a

Share Statistics

KORE has 18.09 million shares outstanding. The number of shares has increased by 19.05% in one year.

Current Share Class	18.09M
Shares Outstanding	18.09M
Shares Change (YoY)	+19.05%
Shares Change (QoQ)	+1.61%
Owned by Insiders (%)	11.03%
Owned by Institutions (%)	40.42%
Float	7.99M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.13
Forward PS	0.11
PB Ratio	n/a
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.63
EV / EBITDA	25.31
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.30

Current Ratio	1.30
Quick Ratio	1.00
Debt / Equity	n/a
Debt / EBITDA	17.58
Debt / FCF	n/a
Interest Coverage	-0.76

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-4.61%
Return on Capital (ROIC)	-5.60%
Revenue Per Employee	$475,382
Profits Per Employee	-$257,200
Employee Count	600
Asset Turnover	0.54
Inventory Turnover	14.84

Taxes

Income Tax	-2.69M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -49.03% in the last 52 weeks. The beta is 2.49, so KORE's price volatility has been higher than the market average.

Beta (5Y)	2.49
52-Week Price Change	-49.03%
50-Day Moving Average	2.09
200-Day Moving Average	2.99
Relative Strength Index (RSI)	45.67
Average Volume (20 Days)	9,709

Short Selling Information

The latest short interest is 37,946, so 0.21% of the outstanding shares have been sold short.

Short Interest	37,946
Short Previous Month	40,439
Short % of Shares Out	0.21%
Short % of Float	0.48%
Short Ratio (days to cover)	7.91

Income Statement

In the last 12 months, KORE had revenue of $285.23 million and -$154.32 million in losses. Loss per share was -$8.12.

Revenue	285.23M
Gross Profit	155.52M
Operating Income	-39.10M
Pretax Income	-170.35M
Net Income	-154.32M
EBITDA	18.41M
EBIT	-39.10M
Loss Per Share	-$8.12

Balance Sheet

The company has $18.61 million in cash and $450.34 million in debt, giving a net cash position of -$431.74 million or -$23.86 per share.

Cash & Cash Equivalents	18.61M
Total Debt	450.34M
Net Cash	-431.74M
Net Cash Per Share	-$23.86
Equity (Book Value)	-77.24M
Book Value Per Share	-4.56
Working Capital	19.02M

Cash Flow

In the last 12 months, operating cash flow was -$3.85 million and capital expenditures -$2.97 million, giving a free cash flow of -$6.81 million.

Operating Cash Flow	-3.85M
Capital Expenditures	-2.97M
Free Cash Flow	-6.81M
FCF Per Share	-$0.38

Margins

Gross margin is 54.52%, with operating and profit margins of -13.71% and -54.10%.

Gross Margin	54.52%
Operating Margin	-13.71%
Pretax Margin	-55.05%
Profit Margin	-54.10%
EBITDA Margin	6.46%
EBIT Margin	-13.71%
FCF Margin	-9.25%

Dividends & Yields

KORE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-19.05%
Shareholder Yield	-19.05%
Earnings Yield	-448.91%
FCF Yield	-19.82%

Analyst Forecast

The average price target for KORE is $10.00, which is 426.32% higher than the current price. The consensus rating is "Buy".

Price Target	$10.00
Price Target Difference	426.32%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on July 1, 2024. It was a reverse split with a ratio of 0.2:1.

Last Split Date	Jul 1, 2024
Split Type	Reverse
Split Ratio	0.2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3