Powerfleet, Inc. Earnings Per Share Disclosure
| Year Ended December 31, | Three Months Ended March 31, | Year Ended March 31, | |||||||||||||||||||||
| 2022 | 2023 | 2024 | 2025 | ||||||||||||||||||||
| Basic and diluted loss per share | |||||||||||||||||||||||
| Net loss attributable to common stockholders | $ | (16,891) | $ | (17,307) | $ | (19,639) | $ | (51,012) | |||||||||||||||
| Net loss per share attributable to common stockholders - basic and diluted | $ | (0.48) | $ | (0.49) | $ | (0.55) | $ | (0.43) | |||||||||||||||
| Weighted-average common share outstanding - basic and diluted | 35,393 | 35,628 | 35,813 | 119,877 | |||||||||||||||||||
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.