KORE
KORE Group Holdings, Inc.4.6000
+0.0700+1.55%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
80.68MP/E (TTM)
-Basic EPS (TTM)
-3.58Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
KORE Q2 revenue up 5%
KORE Group Holdings reported Q2 2025 revenue of $71.3 million, up 5% year-over-year, driven by 8% growth in total connections to 20.1 million. Adjusted EBITDA surged 46% to $16.7 million, while net loss narrowed 80% to $16.9 million, reflecting profitable expansion in IoT connectivity and solutions. The company added over 1.5 million connections in the past year. It reiterated full-year guidance of $288-298 million revenue and $62-67 million Adjusted EBITDA, though integration costs persist.
10-Q
Q2 FY2025 results
KORE Group Holdings posted Q2 revenue of $71.3 million, up 5% year-over-year but flat quarter-over-quarter, fueled by 41% growth in products to $14.9 million while services dipped 2% to $56.3 million from asset sales. Gross margin held at 35.1%, with operating loss narrowing to $5.2 million from $76.7 million a year ago, thanks to no goodwill impairment and SG&A cuts of 11% to $31.0 million. Net loss improved to $16.9 million ($0.86 per diluted share), versus $83.6 million ($4.37), driven by lower expenses offset by $13.2 million in interest; EPS aligns with 19.6 million weighted shares, though anti-dilution from RSUs and warrants applies. Cash climbed to $21.0 million with $25.0 million revolver availability, free cash flow at $2.2 million for the half-year (derived), but $302.2 million debt and $35.4 million accrued affiliate interest loom large. Restructuring sharpened focus on core IoT. Yet competition in connectivity erodes pricing power.
8-K
Stockholders approve board elections
KORE Group Holdings stockholders approved all board-recommended proposals at the June 10, 2025 annual meeting. Timothy M. Donahue, Cheemin Bo-Linn, Andrew Frey, and James Geisler were elected as Class I directors, securing board continuity through 2028. BDO USA, P.C. was ratified as independent auditors for the fiscal year ending December 31, 2025, with 96.35% support. Strong backing signals investor confidence in governance.
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