PowerFleet Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	443.78	362.52	33.74	133.74	135.91
Revenue Growth (YoY)	22.42%	974.44%	-74.77%	-1.60%	7.90%
Cost of Revenue	197.36	167.98	17.54	66.66	70.92
Gross Profit	246.42	194.54	16.2	67.08	64.99
Selling, General & Admin	208.49	204.36	21.83	71.25	63.49
Research & Development	18.36	16.06	2.02	8.38	8.47
Total Operating Expenses	226.85	220.42	23.85	79.63	71.96
Operating Income	19.58	-25.89	-7.65	-12.56	-6.97
Interest Income	0.78	0.93	0.26	0.1	0.07
Interest Expense	-27.53	-20.33	-0.71	-1.6	0.99
Other Non-Operating Income (Expense)	-4.09	-1.16	-0.06	9.01	0.02
Total Non-Operating Income (Expense)	-30.83	-20.57	-0.51	7.51	1.09
Pretax Income	-11.26	-46.45	-8.15	-5.05	-5.88
Provision for Income Taxes	8.69	4.52	0.35	0.59	0.87
Net Income	-19.94	-50.97	-8.5	-5.64	-6.75
Minority Interest in Earnings	0.61	0.02	0.01	0.04	0
Net Income Attributable to Preferred Dividends	-	0.03	11.12	11.63	10.14
Net Income to Common	-20.55	-51.01	-19.64	-17.31	-16.89
Shares Outstanding (Basic)	134	120	36	36	35
Shares Outstanding (Diluted)	134	120	36	36	35
Shares Change (YoY)	11.58%	234.73%	0.52%	0.66%	2.38%
EPS (Basic)	-0.15	-0.43	-0.55	-0.49	-0.48
EPS (Diluted)	-0.15	-0.43	-0.55	-0.49	-0.48
Free Cash Flow	8.84	-23.35	-1.52	0.93	-2.76
Free Cash Flow Per Share	0.07	-0.19	-0.04	0.03	-0.08
Gross Margin	55.53%	53.66%	48.02%	50.16%	47.82%
Operating Margin	4.41%	-7.14%	-22.66%	-9.39%	-5.13%
Profit Margin	-4.49%	-14.06%	-25.20%	-4.22%	-4.97%
FCF Margin	1.99%	-6.44%	-4.50%	0.70%	-2.03%
EBITDA	79.86	21.61	-5.7	-3.11	1.29
EBITDA Margin	17.99%	5.96%	-16.91%	-2.33%	0.95%
EBIT	19.58	-25.89	-7.65	-12.56	-6.97
EBIT Margin	4.41%	-7.14%	-22.66%	-9.39%	-5.13%
Effective Tax Rate	-77.19%	-9.72%	-4.32%	-11.66%	-14.79%

SEC Filings: 10-K · 10-Q