For the quarter ending 2025-09-30, KORE made $68,692,000 in revenue. -$12,731,000 in net income. Net profit margin of -18.53%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenue | 68,692,000 | 71,250,000 | 72,142,000 | 74,649,500 |
| Service | 22,601,000 | 22,395,000 | - | - |
| Product | 8,142,000 | 9,515,000 | - | - |
| Total cost of revenue (exclusive of depreciation and amortization shown separately below) | 30,743,000 | 31,910,000 | 33,022,000 | 33,098,500 |
| Selling, general, and administrative expenses-Nonrelated Party | 28,457,000 | 30,988,000 | - | - |
| Selling, general, and administrative expenses | - | - | 27,665,000 | 38,152,500 |
| Selling, general, and administrative expenses-Affiliated Entity | 0 | 0 | - | - |
| Depreciation and amortization | 13,700,000 | 13,576,000 | 13,911,000 | 13,790,500 |
| Goodwill impairment | 0 | 0 | - | -1,000 |
| Total operating expenses | 42,157,000 | 44,564,000 | 41,576,000 | 51,784,500 |
| Operating loss | -4,208,000 | -5,224,000 | -2,456,000 | -10,233,500 |
| Interest expense, including amortization of deferred financing costs | - | - | 12,977,000 | 13,110,000 |
| Interest expense, including amortization of deferred financing costs-Nonrelated Party | 7,374,000 | 7,330,000 | - | - |
| Other expense, net | - | - | 314,000 | 382,000 |
| Interest expense, including amortization of deferred financing costs-Affiliated Entity | 6,167,000 | 5,909,000 | - | - |
| Interest income | 159,000 | 166,000 | 144,000 | 266,500 |
| Change in fair value of warrant liabilities to affiliates | 72,000 | -192,000 | -1,804,000 | -6,000 |
| Loss on sale of assets | 0 | -1,115,000 | - | - |
| Other (income) expense, net | 366,000 | 3,828,000 | - | - |
| Loss before income taxes | -17,296,000 | -15,392,000 | -13,799,000 | -23,453,000 |
| Income tax benefit | -4,589,000 | 1,486,000 | 1,109,000 | -1,935,500 |
| Net loss | -12,707,000 | -16,878,000 | -14,908,000 | -21,517,500 |
| Foreign currency translation adjustment | -24,000 | -1,982,000 | -944,000 | 1,047,000 |
| Comprehensive loss | -12,731,000 | -18,860,000 | -15,852,000 | -20,470,500 |
| Basic (in dollars per share) | -0.64 | -0.86 | -0.77 | -1.11 |
| Basic (in shares) | 19,899,188 | 19,580,173 | 19,433,080 | -9,679,490 |
| Diluted (in dollars per share) | -0.64 | -0.86 | -0.77 | -1.11 |
| Diluted (in shares) | 19,899,188 | 19,580,173 | 19,433,080 | -9,679,490 |
KORE Group Holdings, Inc. (KORE)
KORE Group Holdings, Inc. (KORE)