KORE Group Holdings, Inc. (KORE)

KORE Group Holdings Statistics

Total Valuation

KORE has a market cap or net worth of $22.62 million. The enterprise value is $454.36 million.

Market Cap	22.62M
Enterprise Value	454.36M

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 17.01 million shares outstanding. The number of shares has increased by 18.99% in one year.

Current Share Class	17.01M
Shares Outstanding	17.01M
Shares Change (YoY)	+18.99%
Shares Change (QoQ)	+1.62%
Owned by Insiders (%)	11.73%
Owned by Institutions (%)	42.92%
Float	6.90M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.09
Forward PS	n/a
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	1.59
EV / EBITDA	21.62
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	1.04
Debt / Equity	n/a
Debt / EBITDA	17.61
Debt / FCF	n/a
Interest Coverage	-0.71

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-4.30%
Return on Capital (ROIC)	-5.23%
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 -50.56% in the last 52 weeks. The beta is 2.34, so KORE's price volatility has been higher than the market average.

Beta (5Y)	2.34
52-Week Price Change	-50.56%
50-Day Moving Average	1.79
200-Day Moving Average	2.68
Relative Strength Index (RSI)	39.01
Average Volume (20 Days)	72,611

Short Selling Information

The latest short interest is 37,946, so 0.22% of the outstanding shares have been sold short.

Short Interest	37,946
Short Previous Month	40,439
Short % of Shares Out	0.22%
Short % of Float	0.55%
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	-36.50M
Pretax Income	-170.35M
Net Income	-154.32M
EBITDA	21.01M
EBIT	-36.50M
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 -$25.38 per share.

Cash & Cash Equivalents	18.61M
Total Debt	450.34M
Net Cash	-431.74M
Net Cash Per Share	-$25.38
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	-$0.40

Margins

Gross margin is 54.52%, with operating and profit margins of -12.80% and -54.10%.

Gross Margin	54.52%
Operating Margin	-12.80%
Pretax Margin	-55.05%
Profit Margin	-54.10%
EBITDA Margin	7.37%
EBIT Margin	-12.80%
FCF Margin	n/a

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	-18.99%
Shareholder Yield	-18.99%
Earnings Yield	-682.19%
FCF Yield	-30.12%

Analyst Forecast

The average price target for KORE is $10.00, which is 651.88% higher than the current price. The consensus rating is "Buy".

Price Target	$10.00
Price Target Difference	651.88%
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

KORE has an Altman Z-Score of -1.13 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-1.13
Piotroski F-Score	3