PowerFleet, Inc. (AIOT)

PowerFleet Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	19.02	19.02	17.68	26.45	18.13	16.4
Cash & Short-Term Investments	19.02	19.02	17.68	26.45	18.13	16.4
Cash Growth	7.59%	7.59%	-33.16%	45.93%	10.56%	55.36%
Receivables	34.71	34.71	34.86	34	25.61	29.24
Inventory	22.6	22.6	22.27	18.24	12.87	16.38
Prepaid Expenses	3.9	3.9	3.95	4.58	2.98	3.22
Restricted Cash	0.31	0.31	0.31	0.31	0.31	0.31
Other Current Assets	1.48	1.48	2.13	4.32	4.87	5.64
Total Current Assets	82.03	82.03	81.21	87.91	64.77	71.19
Property, Plant & Equipment	18.58	18.58	17.07	18.78	18.5	15.26
Goodwill	83.49	83.49	83.49	83.49	83.34	89.07
Other Intangible Assets	20.08	20.08	22.91	26.12	31.28	36.64
Long-Term Deferred Tax Assets	2.86	2.86	3.31	4.26	12.27	-
Long-Term Deferred Charges	-	-	-	0.25	2.23	4.81
Other Long-Term Assets	10.72	10.72	10.08	9.06	7.17	6.06
Total Assets	217.75	217.75	218.06	229.87	219.56	223.03
Accounts Payable	19.24	19.24	14.7	17.75	9.88	15.4
Accrued Expenses	9.52	9.52	9.15	8.72	8.63	7.69
Short-Term Debt	10.03	10.03	5.71	-	0.28	5.69
Current Portion of Long-Term Debt	11.06	11.06	4.6	6.11	5.3	2.69
Current Portion of Leases	1.5	1.5	2.44	2.64	2.76	2.46
Current Unearned Revenue	5.67	5.67	6.38	6.52	7.34	8.54
Other Current Liabilities	1.54	1.54	1.55	2.54	1.72	0.94
Total Current Liabilities	58.56	58.56	44.53	44.29	35.9	43.4
Long-Term Debt	-	-	11.4	18.11	23.18	26.52
Long-Term Leases	4.91	4.91	5.63	7.37	7.05	4.78
Long-Term Unearned Revenue	4.96	4.96	4.43	4.43	6.01	8.79
Long-Term Deferred Tax Liabilities	4.45	4.45	4.9	5.22	10.76	3.79
Other Long-Term Liabilities	6.96	6.96	6.15	5.59	5.39	4.18
Total Liabilities	79.83	79.83	77.04	85.01	88.28	91.46
Common Stock	0.39	0.39	0.38	0.37	0.32	0.31
Additional Paid-In Capital	212.7	212.7	219.06	234.08	206.5	201.81
Retained Earnings	-146.28	-146.28	-140.81	-134.44	-121.15	-112.14
Treasury Stock	-8.65	-8.65	-8.51	-8.3	-6.86	-6.05
Comprensive Income & Other	-0.62	-0.62	-1.21	0.39	0.4	0.27
Total Common Equity	57.54	57.54	68.91	92.11	79.21	84.19
Minority Interest	0.1	0.1	0.08	0.09	0.08	-0.01
Shareholders' Equity	137.92	137.92	141.01	144.86	131.28	131.57
Total Liabilities & Equity	217.75	217.75	218.06	229.87	219.56	223.03
Total Debt	27.5	27.5	29.78	34.23	38.56	42.13
Net Cash (Debt)	-8.48	-8.48	-12.1	-7.78	-20.44	-25.73
Net Cash Per Share	-0.24	-0.24	-0.34	-0.23	-0.69	-1.26
Filing Date Shares Outstanding	106.16	106.16	35.46	35.46	35.17	29.02
Total Common Shares Outstanding	35.73	35.73	35.46	35.25	30.3	28.87
Working Capital	23.47	23.47	36.68	43.62	28.87	27.79
Book Value Per Share	1.61	1.61	1.94	2.61	2.61	2.92
Tangible Book Value	-46.02	-46.02	-37.49	-17.5	-35.41	-41.52
Tangible Book Value Per Share	-1.29	-1.29	-1.06	-0.50	-1.17	-1.44
Machinery	8.7	8.7	7.7	7.93	7.1	7.6
Leasehold Improvements	1.42	1.42	1.42	1.45	1.35	0.64

Source: S&P Capital IQ. Standard template.