KORE Group Holdings, Inc. (KORE)

KORE Group Holdings Statistics

Total Valuation

KORE has a market cap or net worth of $36.64 million. The enterprise value is $464.03 million.

Market Cap	36.64M
Enterprise Value	464.03M

Important Dates

The next confirmed earnings date is Wednesday, November 13, 2024, after market close.

Earnings Date	Nov 13, 2024
Ex-Dividend Date	n/a

Share Statistics

KORE has 18.09 million shares outstanding. The number of shares has increased by 19.61% in one year.

Shares Outstanding	18.09M
Shares Change (YoY)	+19.61%
Shares Change (QoQ)	+0.82%
Owned by Insiders (%)	11.03%
Owned by Institutions (%)	15.62%
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/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.63
EV / EBITDA	28.38
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.36

Current Ratio	1.36
Quick Ratio	1.11
Debt / Equity	n/a
Debt / EBITDA	21.69
Debt / FCF	n/a
Interest Coverage	-0.85

Financial Efficiency

Return on equity (ROE) is -336.95% and return on invested capital (ROIC) is -5.15%.

Return on Equity (ROE)	-336.95%
Return on Assets (ROA)	-4.38%
Return on Capital (ROIC)	-5.15%
Revenue Per Employee	$474,903
Profits Per Employee	-$351,567
Employee Count	600
Asset Turnover	0.48
Inventory Turnover	17.09

Taxes

Income Tax	-5.15M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -13.83% 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	-13.83%
50-Day Moving Average	2.19
200-Day Moving Average	3.15
Relative Strength Index (RSI)	44.24
Average Volume (20 Days)	4,216

Short Selling Information

The latest short interest is 41,090, so 0.23% of the outstanding shares have been sold short.

Short Interest	41,090
Short Previous Month	60,643
Short % of Shares Out	0.23%
Short % of Float	0.51%
Short Ratio (days to cover)	6.68

Income Statement

In the last 12 months, KORE had revenue of $284.94 million and -$210.94 million in losses. Loss per share was -$11.42.

Revenue	284.94M
Gross Profit	154.95M
Operating Income	-41.40M
Pretax Income	-170.35M
Net Income	-210.94M
EBITDA	16.35M
EBIT	-41.40M
Loss Per Share	-$11.42

Balance Sheet

The company has $22.26 million in cash and $450.46 million in debt, giving a net cash position of -$428.20 million or -$23.67 per share.

Cash & Cash Equivalents	22.26M
Total Debt	450.46M
Net Cash	-428.20M
Net Cash Per Share	-$23.67
Equity (Book Value)	-37.83M
Book Value Per Share	-2.23
Working Capital	23.24M

Cash Flow

In the last 12 months, operating cash flow was -$1.83 million and capital expenditures -$3.58 million, giving a free cash flow of -$5.41 million.

Operating Cash Flow	-1.83M
Capital Expenditures	-3.58M
Free Cash Flow	-5.41M
FCF Per Share	-$0.30

Margins

Gross margin is 54.38%, with operating and profit margins of -14.53% and -74.03%.

Gross Margin	54.38%
Operating Margin	-14.53%
Pretax Margin	-75.84%
Profit Margin	-74.03%
EBITDA Margin	5.74%
EBIT Margin	-14.53%
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	-19.61%
Shareholder Yield	-19.61%
Earnings Yield	-588.83%
FCF Yield	-15.11%

Analyst Forecast

The average price target for KORE is $7.67, which is 278.77% higher than the current price. The consensus rating is "Buy".

Price Target	$7.67
Price Target Difference	278.77%
Analyst Consensus	Buy
Analyst Count	3
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

KORE has an Altman Z-Score of -0.95 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.95
Piotroski F-Score	3