PowerFleet Inc (AIOT)

Technology | Communication Equipment
Income Statement (Quarterly) 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenue 104,121,000 103,638,000 106,429,000 77,018,000
Cost of Revenue 47,640,000 48,875,000 47,646,000 35,675,000
Gross Profit 56,481,000 54,763,000 58,783,000 41,343,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 53,663,000 56,839,000 55,405,000 37,335,000
Operating Expenses 58,520,000 61,743,000 60,026,000 40,770,000
Operating Income -2,039,000 -6,980,000 -1,243,000 573,000
Interest Expense 6,786,000 -5,655,000 7,942,000 4,042,000
Income Before Tax -9,872,000 -12,742,000 -10,837,000 -1,627,000
Income Tax Expense 362,000 304,000 -3,513,000 -256,000
Net Income -10,234,000 -12,439,000 -14,349,000 -1,888,000
Per Share
EPS -0.08 -0.09 -0.11 -0.02
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2023-12-31 2023-03-31
Revenue 362,515,000 133,736,000 133,736,000
Cost of Revenue 167,978,000 66,660,000 66,660,000
Gross Profit 194,537,000 67,076,000 67,076,000
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 204,361,000 71,030,000 71,253,000
Operating Expenses 220,422,000 79,410,000 79,633,000
Operating Income -25,885,000 -12,334,000 -12,557,000
Interest Expense 20,330,000 1,602,000 1,602,000
Income Before Tax -46,452,000 -5,051,000 -32,607,999
Income Tax Expense -4,517,000 589,000 1,408,000
Net Income -51,012,000 -5,675,000 -34,060,000
Per Share
EPS -0.43 -0.05 -0.48
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2023-12-31
Assets
Cash and Cash Equivalents 48,788,000 19,332,000
Short Term Investments 0 0
Net Receivables 78,623,000 34,708,000
Inventory 18,350,000 22,602,000
Total Current Assets 169,080,000 81,942,000
Property Plant Equipment 70,350,000 18,578,000
Goodwill and Intangibles 641,728,000 103,562,000
Total Assets 910,071,000 217,746,000
Liabilities
Account Payables 41,599,000 20,025,000
Short Term Debt 46,708,000 22,594,000
Total Current Liabilities 151,009,000 58,556,000
Long Term Debt 240,351,000 4,908,000
Total Liabilities 463,329,000 79,825,000
Shareholders Equity
Retained Earnings -205,783,000 -146,281,000
Total Shareholders Equity 446,592,000 137,819,000
Balance Sheet (Annual) 2025-03-31 2023-12-31
Assets
Cash and Cash Equivalents 48,788,000 19,332,000
Short Term Investments 0 0
Net Receivables 78,623,000 34,708,000
Inventory 18,350,000 22,602,000
Total Current Assets 169,080,000 81,942,000
Property Plant Equipment 70,350,000 18,578,000
Goodwill and Intangibles 641,728,000 103,562,000
Total Assets 910,071,000 217,746,000
Liabilities
Account Payables 41,599,000 20,025,000
Short Term Debt 46,708,000 22,594,000
Total Current Liabilities 151,009,000 58,556,000
Long Term Debt 240,351,000 4,908,000
Total Liabilities 463,329,000 79,825,000
Shareholders Equity
Retained Earnings -205,783,000 -146,281,000
Total Shareholders Equity 446,592,000 137,819,000
Cash Flow Statement (Quarterly) 2025-03-31 2023-12-31
Operating Activities
Net Income -50,987,000 -5,675,000
Depreciation & Amortization 47,494,000 12,259,000
Stock Based Compensation 9,362,000 3,908,000
Change in Working Capital -25,006,000 -460,000
Operating Cash Flow -3,345,000 4,397,000
Investing Activities
Capital Expenditure -20,008,000 -7,093,000
Investments -20,008,000 -7,093,000
Investing Cash Flow -170,596,000 1,529,000
Financing Activities
Debt Repayment 140,499,000 0
Common Stock Issued/Repurchased 9,000 -105,000
Dividends Paid -90,298,000 -3,385,000
Financing Cash Flow 115,722,000 -3,706,000
Summary
Free Cash Flow -23,353,000 -2,696,000
Net Change in Cash -60,876,000 1,343,000
Cash Flow Statement (Annual) 2025-03-31 2023-12-31
Operating Activities
Net Income -50,987,000 -5,675,000
Depreciation & Amortization 47,494,000 12,259,000
Stock Based Compensation 9,362,000 3,908,000
Change in Working Capital -25,006,000 -460,000
Operating Cash Flow -3,345,000 4,397,000
Investing Activities
Capital Expenditure -20,008,000 -7,093,000
Investments -20,008,000 -7,093,000
Investing Cash Flow -170,596,000 1,529,000
Financing Activities
Debt Repayment 140,499,000 0
Common Stock Issued/Repurchased 9,000 -105,000
Dividends Paid -90,298,000 -3,385,000
Financing Cash Flow 115,722,000 -3,706,000
Summary
Free Cash Flow -23,353,000 -2,696,000
Net Change in Cash -60,876,000 1,343,000