KORE Chart
About

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions in the United States and internationally. The company offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. Its products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security software services. In addition, the company offers IoT connectivity products comprising sim cards; and IoT devices. The company serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Telecom Services Market Cap 89.63M
Enterprise Value 518.99M Income -69.94M Sales 285.41M
Book/sh -8.32 Cash/sh 1.10 Dividend Yield
Payout 0.00% Employees 539 IPO
P/E Forward P/E -4.52 PEG
P/S 0.31 P/B -0.61 P/C
EV/EBITDA 17.19 EV/Sales 1.82 Quick Ratio 1.00
Current Ratio 1.19 Debt/Eq LT Debt/Eq
EPS (ttm) -3.58 EPS next Y -1.13 EPS Growth
Revenue Growth -0.30% Earnings 2026-03-31 ROA -3.48%
ROE ROIC Gross Margin 55.27%
Oper. Margin -6.13% Profit Margin -24.51% Shs Outstand 17.54M
Shs Float 7.57M Short Float 1.77% Short Ratio 3.33
Short Interest 52W High 5.29 52W Low 2.00
Beta 1.75 Avg Volume 45.16K Volume 4.04K
Target Price $5.00 Recom None Prev Close $5.15
Price $5.11 Change -0.78%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.00
Mean price target
2. Current target
$5.15
Latest analyst target
3. DCF / Fair value
$11.83
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.15
Low
$5.00
High
$5.00
Mean
$5.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-13 main TD Cowen Hold → Hold $5
2025-05-01 main TD Securities Hold → Hold $3
2024-11-20 main TD Cowen Hold → Hold $3
2024-08-23 down TD Cowen Buy → Hold $2
2024-04-12 main Roth MKM Buy → Buy $4
2023-11-10 main Morgan Stanley Equal-Weight → Equal-Weight $1
2023-09-21 main Northland Capital Markets Outperform → Outperform $5
2023-08-15 main TD Cowen Outperform → Outperform $4
2023-08-11 main Deutsche Bank Hold → Hold $2
2023-05-10 main Morgan Stanley — → Equal-Weight $2
2023-03-28 main Northland Capital Markets — → Outperform $12
2023-03-28 main Morgan Stanley — → Equal-Weight $2
2022-12-13 main Morgan Stanley — → Equal-Weight $3
2022-10-11 main Morgan Stanley — → Equal-Weight $2
2022-08-12 main Morgan Stanley — → Equal-Weight $4
2022-08-12 main Cowen & Co. — → Outperform $9
2022-05-17 main Deutsche Bank — → Hold $6
2022-05-17 main Morgan Stanley — → Equal-Weight $5
2022-04-12 main Morgan Stanley — → Equal-Weight $7
2022-03-10 main Cowen & Co. — → Outperform $13
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 5189 KENNEDY JACK WILLIAM JR Officer 2026-02-09 00:00:00 D nan
1 3706 DEITH JARED Officer 2026-02-09 00:00:00 D nan
2 5281 KENNEDY JACK WILLIAM JR Officer 2025-09-30 00:00:00 D nan
3 2723 DEITH JARED Officer 2025-09-30 00:00:00 D nan
4 8000 DEITH JARED Officer 2025-08-15 00:00:00 D nan
5 5016 Sale at price 2.43 per share. TOTTON RONALD Chief Executive Officer 2025-08-14 00:00:00 D 12189.0
6 16667 TOTTON RONALD Chief Executive Officer 2025-08-14 00:00:00 D nan
7 10000 GORDON BRUCE WILLIAM Chief Operating Officer 2025-07-02 00:00:00 D nan
8 44776 BO-LINN CHEEMIN Director 2025-06-10 00:00:00 D nan
9 44776 EBERHART H PAULETT Director 2025-06-10 00:00:00 D nan
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-2.35M-2.01M-5.15M1.38M
TaxRateForCalcs0.040.020.090.26
NormalizedEBITDA19.83M20.00M29.75M34.77M
TotalUnusualItems-61.82M-87.28M-57.82M5.27M
TotalUnusualItemsExcludingGoodwill-61.82M-87.28M-57.82M5.27M
NetIncomeFromContinuingOperationNetMinorityInterest-146.08M-167.04M-106.20M-24.78M
ReconciledDepreciation57.50M60.69M56.72M50.33M
ReconciledCostOfRevenue124.88M126.23M126.94M121.36M
EBITDA-41.99M-67.27M-28.07M40.04M
EBIT-99.50M-127.97M-84.78M-10.29M
NetInterestIncome-51.40M-42.68M-31.37M-23.26M
InterestExpense52.52M43.23M31.84M23.26M
InterestIncome1.12M552.00K464.00K
NormalizedIncome-86.60M-81.77M-53.53M-28.66M
NetIncomeFromContinuingAndDiscontinuedOperation-146.08M-167.04M-106.20M-24.78M
TotalExpenses323.02M317.11M295.75M263.99M
TotalOperatingIncomeAsReported-102.79M-118.76M85.37M-15.56M
DilutedAverageShares19.25M16.76M15.14M8.39M
BasicAverageShares19.25M16.76M15.14M8.39M
DilutedEPS-7.59-9.97-6.95-5.15
BasicEPS-7.59-9.97-6.95-5.15
DilutedNIAvailtoComStockholders-146.08M-167.04M-106.20M-24.78M
NetIncomeCommonStockholders-146.08M-167.04M-106.20M-24.78M
NetIncome-146.08M-167.04M-106.20M-24.78M
NetIncomeIncludingNoncontrollingInterests-146.08M-167.04M-106.20M-24.78M
NetIncomeContinuousOperations-146.08M-167.04M-106.20M-24.78M
TaxProvision-5.94M-4.16M-10.42M-8.78M
PretaxIncome-152.01M-171.20M-116.62M-33.55M
OtherIncomeExpense-63.69M-88.02M-57.95M5.27M
OtherNonOperatingIncomeExpenses-1.86M-739.00K-128.00K
SpecialIncomeCharges-65.86M-80.84M-58.07M0.00
OtherSpecialCharges2.58M
ImpairmentOfCapitalAssets65.86M78.26M58.07M0.00
GainOnSaleOfSecurity4.04M-6.44M254.00K5.27M
NetNonOperatingInterestIncomeExpense-51.40M-42.68M-31.37M-23.26M
InterestExpenseNonOperating52.52M43.23M31.84M23.26M
InterestIncomeNonOperating1.12M552.00K464.00K
OperatingIncome-36.93M-40.50M-27.30M-15.56M
OperatingExpense196.86M188.55M166.59M142.63M
DepreciationAmortizationDepletionIncomeStatement56.22M58.36M54.50M50.33M
DepreciationAndAmortizationInIncomeStatement56.22M58.36M54.50M50.33M
SellingGeneralAndAdministration140.64M130.19M112.09M92.30M
GrossProfit159.93M148.05M139.29M127.08M
CostOfRevenue126.16M128.56M129.15M121.36M
TotalRevenue286.09M276.61M268.45M248.44M
OperatingRevenue286.09M276.61M268.45M248.44M
Line Item2024-12-312023-12-31
TreasurySharesNumber1.19M1.00M
OrdinarySharesNumber17.01M16.48M15.26M14.41M
ShareIssued18.20M17.48M15.26M14.41M
NetDebt278.10M271.38M384.61M316.46M
TotalDebt307.22M309.41M430.46M402.63M
TangibleBookValue-453.50M-425.59M-381.54M-318.44M
InvestedCapital197.91M335.49M599.93M669.96M
WorkingCapital13.87M30.02M54.38M112.32M
NetTangibleAssets-453.50M-425.59M-381.54M-318.44M
CapitalLeaseObligations9.71M10.89M11.20M191.00K
CommonStockEquity-99.60M36.97M180.67M267.52M
TotalCapitalization196.06M333.08M594.58M666.64M
TotalEquityGrossMinorityInterest-99.60M36.97M180.67M267.52M
StockholdersEquity-99.60M36.97M180.67M267.52M
GainsLossesNotAffectingRetainedEarnings-3.78M-6.07M-6.39M-3.46M
OtherEquityAdjustments-3.78M-6.07M-6.39M-3.46M
TreasuryStock3.19M2.75M0.00
RetainedEarnings-561.36M-415.28M-248.24M-142.34M
AdditionalPaidInCapital468.71M461.07M435.29M413.31M
CapitalStock8.00K8.00K8.00K7.00K
CommonStock8.00K8.00K8.00K7.00K
TotalLiabilitiesNetMinorityInterest555.43M550.01M508.01M492.81M
TotalNonCurrentLiabilitiesNetMinorityInterest489.34M478.04M459.17M443.78M
OtherNonCurrentLiabilities14.70M14.57M10.79M6.45M
PreferredSecuritiesOutsideStockEquity142.78M141.59M0.000.00
DerivativeProductLiabilities33.00K286.00K
NonCurrentAccruedExpenses23.80M2.53M
DuetoRelatedPartiesNonCurrent0.00
TradeandOtherPayablesNonCurrent0.00
NonCurrentDeferredLiabilities4.13M13.79M25.19M37.92M
NonCurrentDeferredTaxesLiabilities4.13M13.79M25.19M37.92M
LongTermDebtAndCapitalLeaseObligation303.94M305.56M423.19M399.12M
LongTermCapitalLeaseObligation8.28M9.45M9.28M0.00
LongTermDebt295.66M296.11M413.91M399.12M
CurrentLiabilities66.09M71.97M48.84M49.04M
OtherCurrentLiabilities7.62M11.66M33.00K
CurrentDeferredLiabilities8.51M9.04M7.82M6.89M
CurrentDeferredRevenue8.51M9.04M7.82M6.89M
CurrentDebtAndCapitalLeaseObligation3.28M3.86M7.27M3.52M
CurrentCapitalLeaseObligation1.43M1.45M1.93M191.00K
CurrentDebt1.85M2.41M5.34M3.33M
OtherCurrentBorrowings1.85M2.41M5.34M3.33M
PayablesAndAccruedExpenses46.68M47.40M33.72M38.63M
CurrentAccruedExpenses24.34M17.81M12.87M20.54M
InterestPayable4.24M4.46M0.00
Payables22.34M29.60M20.86M18.09M
TotalTaxPayable7.51M5.61M3.02M2.09M
IncomeTaxPayable1.40M615.00K207.00K467.00K
AccountsPayable14.83M23.98M17.84M16.00M
TotalAssets455.83M586.98M688.68M760.34M
TotalNonCurrentAssets375.87M485.00M585.46M598.98M
OtherNonCurrentAssets4.50M2.11M1.33M774.00K
NonCurrentDeferredAssets55.00K0.00
NonCurrentDeferredTaxesAssets55.00K0.00
GoodwillAndOtherIntangibleAssets353.90M462.56M562.21M585.97M
OtherIntangibleAssets125.06M167.59M192.50M202.55M
Goodwill228.84M294.97M369.71M383.42M
NetPPE17.46M20.32M21.92M12.24M
AccumulatedDepreciation-24.47M-27.34M-28.61M-25.65M
GrossPPE41.93M47.67M50.53M37.89M
Leases3.60M3.45M3.02M2.79M
OtherProperties14.98M17.14M17.73M8.09M
MachineryFurnitureEquipment23.34M27.07M29.78M27.01M
BuildingsAndImprovements10.02M0.00
Properties0.000.000.000.00
CurrentAssets79.96M101.99M103.22M161.36M
OtherCurrentAssets1.18M2.63M523.00K1.03M
PrepaidAssets7.09M9.47M11.23M6.33M
Inventory6.65M8.21M10.05M15.47M
Receivables45.63M54.53M46.77M52.55M
TaxesReceivable1.65M2.12M2.24M934.00K
AccountsReceivable43.98M52.41M44.54M51.62M
AllowanceForDoubtfulAccountsReceivable-324.00K-430.00K-559.00K-1.80M
GrossAccountsReceivable44.30M52.84M45.10M53.41M
CashCashEquivalentsAndShortTermInvestments19.41M27.14M34.65M85.98M
CashAndCashEquivalents19.41M27.14M34.65M85.98M
CashFinancial19.41M27.14M34.65M85.98M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-3.55M-26.65M-189.00K-28.18M
RepurchaseOfCapitalStock-431.00K-2.75M0.000.00
RepaymentOfDebt-2.51M-304.97M-4.34M-30.70M
IssuanceOfDebt0.00185.00M0.00129.17M
IssuanceOfCapitalStock0.00152.86M0.00
CapitalExpenditure-13.46M-20.23M-16.55M-13.42M
InterestPaidSupplementalData28.89M35.33M29.20M19.87M
IncomeTaxPaidSupplementalData2.10M5.72M2.12M957.00K
EndCashPosition27.44M35.01M86.34M
BeginningCashPosition27.44M35.01M86.34M10.69M
EffectOfExchangeRateChanges-405.00K173.00K-451.00K-226.00K
ChangesInCash-7.74M-50.88M75.88M
FinancingCashFlow-3.78M18.91M-4.69M104.05M
CashFlowFromContinuingFinancingActivities-3.78M18.91M-4.69M104.05M
NetOtherFinancingCharges-839.00K-11.23M-356.00K235.50M
NetPreferredStockIssuance0.00152.86M0.00-229.91M
PreferredStockPayments-229.91M
PreferredStockIssuance0.00152.86M0.00
NetCommonStockIssuance-431.00K-2.75M0.000.00
CommonStockPayments-431.00K-2.75M0.000.00
NetIssuancePaymentsOfDebt-2.51M-119.97M-4.34M98.47M
NetShortTermDebtIssuance0.000.00
ShortTermDebtPayments0.00-25.00M
ShortTermDebtIssuance0.0025.00M
NetLongTermDebtIssuance-2.51M-119.97M-4.34M98.47M
LongTermDebtPayments-2.51M-304.97M-4.34M-5.70M
LongTermDebtIssuance0.00185.00M0.00104.17M
InvestingCashFlow-13.46M-20.23M-62.55M-13.42M
CashFlowFromContinuingInvestingActivities-13.46M-20.23M-62.55M-13.42M
NetBusinessPurchaseAndSale0.00-46.00M0.00
SaleOfBusiness0.00
PurchaseOfBusiness0.00-46.00M0.00
NetIntangiblesPurchaseAndSale-10.65M-15.80M-13.24M-9.25M
PurchaseOfIntangibles-10.65M-15.80M-13.24M-9.25M
NetPPEPurchaseAndSale-2.81M-4.43M-3.31M-4.17M
PurchaseOfPPE-2.81M-4.43M-3.31M-4.17M
OperatingCashFlow9.91M-6.42M16.36M-14.76M
CashFlowFromContinuingOperatingActivities9.91M-6.42M16.36M-14.76M
ChangeInWorkingCapital29.65M10.51M11.06M-33.11M
ChangeInOtherWorkingCapital-2.34M2.68M980.00K-805.00K
ChangeInOtherCurrentLiabilities-1.49M-1.85M-1.47M0.00
ChangeInPayablesAndAccruedExpense21.22M15.50M-1.97M-9.08M
ChangeInAccruedExpense21.27M2.53M0.00
ChangeInInterestPayable21.27M2.53M0.00
ChangeInPayable-49.00K12.97M-1.97M-9.08M
ChangeInAccountPayable-49.00K12.97M-1.97M-8.42M
ChangeInTaxPayable148.00K-661.00K
ChangeInIncomeTaxPayable148.00K-661.00K
ChangeInPrepaidAssets4.03M-87.00K-1.99M-1.24M
ChangeInInventory1.51M1.97M6.54M-9.88M
ChangeInReceivables6.72M-7.71M8.96M-12.10M
ChangesInAccountReceivables6.72M-7.71M8.96M-12.10M
OtherNonCashItems3.61M2.49M2.86M2.52M
StockBasedCompensation8.48M11.25M10.30M4.56M
ProvisionandWriteOffofAssets415.00K322.00K
AssetImpairmentCharge65.86M78.26M58.07M0.00
DeferredTax-10.11M-11.41M-16.19M-9.69M
DeferredIncomeTax-10.11M-11.41M-16.19M-9.69M
DepreciationAmortizationDepletion57.50M60.69M56.72M50.33M
DepreciationAndAmortization57.50M60.69M56.72M50.33M
Depreciation57.50M60.69M56.72M
OperatingGainsLosses980.00K8.84M-254.00K-4.92M
GainLossOnInvestmentSecurities-4.04M6.44M-254.00K-5.27M
NetForeignCurrencyExchangeGainLoss5.02M-182.00K14.00K344.00K
GainLossOnSaleOfPPE2.22M0.00
NetIncomeFromContinuingOperations-146.08M-167.04M-106.20M-24.78M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for KORE
Date User Asset Broker Type Position Size Entry Price Patterns