KORE Group Holdings, Inc.
KORE Group Holdings, Inc. (KORE) Financial Performance & Income Statement Overview
Review KORE Group Holdings, Inc. (KORE) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
KORE Group Holdings, Inc. (KORE) Income Statement & Financial Overview
Review KORE Group Holdings, Inc. KORE income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $72.14M | $73.32M | $68.92M | $67.87M |
| Cost of Revenue | $33.02M | $31.98M | $30.72M | $29.25M |
| Gross Profit | $39.12M | $41.34M | $38.20M | $38.62M |
| Gross Profit Ratio | $0.54 | $0.56 | $0.55 | $0.57 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $27.66M | $40.45M | $29.61M | $35.97M |
| Operating Expenses | $27.66M | $54.43M | $43.83M | $95.77M |
| Total Costs & Expenses | $60.69M | $86.41M | $74.55M | $125.02M |
| Interest Income | -$144000.00 | $233000.00 | $212000.00 | $375000.00 |
| Interest Expense | $7.31M | $13.28M | $13.27M | $13.03M |
| Depreciation & Amortization | $13.91M | $13.97M | $14.21M | $14.42M |
| EBITDA | $7.43M | -$1.64M | $7.67M | -$38.29M |
| EBITDA Ratio | $0.10 | -$0.02 | $0.11 | -$0.56 |
| Operating Income | $11.46M | -$13.09M | -$5.63M | -$57.15M |
| Operating Income Ratio | $0.16 | -$0.18 | -$0.08 | -$0.84 |
| Other Income/Expenses (Net) | -$25.25M | -$15.81M | -$14.19M | -$8.59M |
| Income Before Tax | -$13.80M | -$28.90M | -$19.82M | -$65.74M |
| Income Before Tax Ratio | -$0.19 | -$0.39 | -$0.29 | -$0.97 |
| Income Tax Expense | $1.11M | -$3.45M | -$412000.00 | -$1.44M |
| Net Income | -$14.91M | -$25.45M | -$19.41M | -$64.30M |
| Net Income Ratio | -$0.21 | -$0.35 | -$0.28 | -$0.95 |
| EPS | -$0.002 | -$1.32 | -$1.00 | -$3.36 |
| Diluted EPS | -$0.002 | -$1.32 | -$1.00 | -$3.36 |
| Weighted Avg Shares Outstanding | $7.63B | $19.25M | $19.46M | $19.15M |
| Weighted Avg Shares Outstanding (Diluted) | $7.63B | $19.25M | $19.46M | $19.15M |
Over the past four quarters, KORE Group Holdings, Inc. demonstrated steady revenue growth, increasing from $67.87M in Q2 2024 to $72.14M in Q1 2025. Operating income reached $11.46M in Q1 2025, maintaining a consistent 16% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $7.43M, reflecting operational efficiency. Net income rose to -$14.91M, with EPS at -$0.002. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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