Communication Services -
Telecommunications Services - NYSE - US
$ 2.62
3.05 %
$ 44.6 M
Market Cap
-0.31
P/E
1. INTRINSIC VALUE
Balance Sheet
KORE Group Holdings, Inc.
| Current Assets | 102 M |
| Cash & Short-Term Investments | 27.1 M |
| Receivables | 54.5 M |
| Other Current Assets | 20.3 M |
| Non-Current Assets | 485 M |
| Long-Term Investments | 0 |
| PP&E | 20.3 M |
| Other Non-Current Assets | 465 M |
| Current Liabilities | 74.5 M |
| Accounts Payable | 24 M |
| Short-Term Debt | 3.96 M |
| Other Current Liabilities | 46.6 M |
| Non-Current Liabilities | 476 M |
| Long-Term Debt | 447 M |
| Other Non-Current Liabilities | 28.3 M |
EFFICIENCY
Earnings Waterfall
KORE Group Holdings, Inc.
| Revenue | 277 M |
| Cost Of Revenue | 129 M |
| Gross Profit | 148 M |
| Operating Expenses | 138 M |
| Operating Income | 9.8 M |
| Other Expenses | 177 M |
| Net Income | -167 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
KORE Group Holdings, Inc.
| Net Income | -167 M |
| Depreciation & Amortization | 60.7 M |
| Capital Expenditures | -20.2 M |
| Stock-Based Compensation | 11.3 M |
| Change in Working Capital | 10.5 M |
| Others | 85.1 M |
| Free Cash Flow | -26.6 M |
Wall Street Analysts Price Targets
KORE Group Holdings, Inc.
KORE has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
KORE does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
KORE Group Holdings, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
2 Penny Stocks With $10 Potential
Penny stocks are a dime a dozen, but KORE Group Holdings NYSE: KORE and Banzai International NASDAQ: BNZI stand out. These up-and-coming tech companies provide in-demand services that facilitate, enable, and aid AI applications globally.
marketbeat.com
- 2 weeks ago
KORE Reschedules Earnings Release and Conference Call
ATLANTA , April 15, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company")), a global leader in Internet of Things ("IoT") solutions and pioneering IoT hyperscaler, today announced that it has postponed the release of its financial results and conference call related to the fourth quarter and full year ended December 31, 2024, which had previously been scheduled for April 15, 2025. KORE currently expects to issue its fourth quarter and full year 2024 financial results after market close on April 30, 2025.
prnewswire.com
- 2 weeks ago
KORE to Report Fourth Quarter and Full Year 2024 Results on April 15, 2025
ATLANTA , March 31, 2025 /PRNewswire/ -- KORE Group Holdings, Inc . (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on April 15, 2025, following the U.S. market closing it will release its financial results for the fourth quarter of 2024 and full year 2024.
prnewswire.com
- 1 month ago
KORE Appoints Jared Deith as Chief Revenue Officer to Accelerate Market Leadership and Innovation
ATLANTA , Jan. 31, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), a global leader in IoT solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, today has named Jared Deith as Executive Vice President and Chief Revenue Officer (CRO). Deith, an established entrepreneur, brings a strong track record of building high-performing teams and driving transformative growth in the IoT market.
prnewswire.com
- 3 months ago
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Cerberus Telecom Acquisition (KORE)
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cerberus Telecom Acquisition (KORE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
zacks.com
- 4 months ago
KORE Announces NYSE Acceptance of Plan to Regain Listing Compliance
ATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards.
prnewswire.com
- 4 months ago
Cerberus Telecom Acquisition (KORE) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
After losing some value lately, a hammer chart pattern has been formed for Cerberus Telecom Acquisition (KORE), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
zacks.com
- 4 months ago
KORE Group Holdings, Inc. (KORE) Reports Q3 Loss, Tops Revenue Estimates
KORE Group Holdings, Inc. (KORE) came out with a quarterly loss of $1 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $1.95 per share a year ago.
zacks.com
- 5 months ago
KORE Group Holdings, Inc. (KORE) Q3 2024 Earnings Call Transcript
KORE Group Holdings, Inc. (NYSE:KORE ) Q3 2024 Earnings Conference Call November 19, 2024 5:00 PM ET Company Participants Vik Vijayvergiya - Director of Investor Relations Ron Totton - President and Chief Executive Officer Paul Holtz - Chief Financial Officer Conference Call Participants Lance Vitanza - TD Cowen Mary Lenox - Morgan Stanley Operator Greetings and welcome to the KORE Group Holdings, Inc. Third Quarter 2024 Earnings Conference Call and Webcast. At this time, all participants are in listen-only mode.
seekingalpha.com
- 5 months ago
KORE Reports Third Quarter 2024 Results and Completion of Restructuring Plan
Restructuring plan completed Growth in Connectivity and Connections On track to meet 2024 guidance ATLANTA , Nov. 19, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the three and nine months ended September 30, 2024. Q3 Highlights Third quarter 2024 revenue was $68.9 million, a 0.4% increase from $68.6 million in the same period last year.
prnewswire.com
- 5 months ago
KORE Reschedules Third Quarter 2024 Financial Results and Live Webcast
Company to restate Second Quarter 2024 Financial Statements No impact to Revenues, Cash Flows or Adjusted EBITDA expected for the period affected ATLANTA , Nov. 12, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that it expects to restate its second quarter 2024 financial statements and, as a result, is rescheduling the release of the Company's financial results for the third quarter of 2024 and live webcast to discuss those results from previously scheduled November 13, 2024 at 5PM ET to November 19, 2024 at the same time. The Company's management, in consultation with the Audit Committee of the Company's Board of Directors and in consultation with BDO USA, P.C.
prnewswire.com
- 5 months ago
KORE to Report Third Quarter 2024 Results on November 13, 2024
ATLANTA , Oct. 31, 2024 /PRNewswire/ -- KORE Group Holdings, Inc . (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on November 13, 2024, following the U.S. market closing it will release its financial results for the third quarter of 2024.
prnewswire.com
- 6 months ago
8. Profile
Summary
KORE Group Holdings, Inc. KORE
COUNTRY
US
INDUSTRY
Telecommunications Services
MARKET CAP
$ 44.6 M
Dividend Yield
0.00%
Description
KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services. It serves customers operating in a range of sectors, including healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing. The company was founded in 2002 and is headquartered in Alpharetta, Georgia.
Contact
3700 Mansell Road, Alpharetta, GA, 30022
https://www.korewireless.com
IPO
Date
Dec. 11, 2020
Employees
600
Officers
Mr. Jared Deith
Executive Vice President & Chief Revenue Officer
Niklas Ekarv
Managing Director of EAP
Mr. Jack William Kennedy Jr.
Executive Vice President, Chief Legal Officer & Secretary
Mr. Vik Vijayvergiya
Vice President of Investor Relations, Corporate Development & Strategy
Mr. Ronald Totton
President, Chief Executive Officer & Director
Gloria Garber
Senior Vice President & Chief People Officer
Mr. Pete West
Senior Vice President of Sales - North America
Mr. Bruce William Gordon
Executive Vice President & Chief Operating Officer
Mr. Paul Holtz CPA
Executive Vice President, Chief Financial Officer, Treasurer, Principal Financial Officer & Principal Accounting Officer