KORE Group Holdings, Inc.

Listed Company

KORECIK 0001855457NYSENon-AcceleratedSmaller ReportingCommunications Services, NecDelawareSGFY ends Dec 31

Period

FY 2025

Revenue

$285.94M

Net Income

$-62.98M

Total Assets

—

Equity

—

Shares Out

17.59M

Op. Cash Flow

$18.49M

KORE$9.26+228.95% · past yearDBEQ Basic

Daily closing prices

Business

KORE Group Holdings, Inc. is a global independent IoT enabler providing IoT connectivity services and IoT solutions to enterprise customers across connected health, fleet management, asset monitoring, retail communications, and industrial IoT verticals. The company operates two primary business lines: IoT Connectivity, delivered through its KORE One platform in partnership with major cellular providers, and IoT Solutions, comprising third-party device sales and platform-enabled managed services. KORE serves customers globally with no single customer dominating revenue, competing against telecom carriers and specialized IoT providers through its integrated platform, carrier partnerships, and industry-specific expertise.

Summary from 10-K filed 2026-03-31

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenue	286	286	277	268	248
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	128	126	129	129	121
Depreciation and amortization	55	56	58	54	50
Goodwill impairment	0	66	78	58	0
Total operating expenses	170	263	267	225	143
Operating loss	−12	−103	−119	−85	−16
Interest income	−649,000	−1	−552,000	−464,000	—
Change in fair value of warrant liabilities to affiliates	2	−4	6	−300,000	−5
Loss on sale of assets	1	0	—	—	—
Other (income) expense, net	−4	2	—	—	—
Loss before income taxes	−65	−152	−171	−117	−34
Income tax benefit	−2	−6	−4	−10	−9
Net loss	−63	−146	−167	−106	−25
Basic (in dollars per share)	−3.19	−7.59	−9.97	−1.4	−1.04
Diluted (in dollars per share)	−3.19	−7.59	−9.97	−1.4	−1.04
Basic (in shares)	20	19	17	76	42
Diluted (in shares)	20	19	17	76	42
Foreign currency translation adjustment	−3	2	320,000	−3	—
Comprehensive loss	−66	−144	−167	−109	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2022 2022-09-30
Cash	27	19	27	35	43
Accounts receivable, net	47	44	52	45	42
Inventories, net	3	7	8	10	8
Prepaid expenses and other current assets	9	10	14	14	13
Total current assets	86	80	102	103	107
Restricted cash	268,000	293,000	300,000	362,000	358,000
Property and equipment, net	7	9	11	12	12
Intangible assets, net	83	125	168	193	200
Goodwill	229	229	295	370	427
Operating lease right-of-use assets	2	8	9	10	10
Other non-current assets	4	4	2	971,000	653,000
Total assets	411	456	587	689	759
Accounts payable	12	15	24	18	18
Accrued liabilities	38	32	23	16	15
Current portion of operating lease liabilities	585,000	1	1	2	2
Deferred revenue	9	9	9	8	7
Current portion of long-term debt, net	2	2	2	5	5
Warrant liabilities to affiliates	10	8	12	—	—
Total current liabilities	72	66	72	49	47
Operating lease liabilities	1	8	9	9	10
Long-term debt, net	295	296	296	414	415
Deferred income tax liabilities, net	887,000	4	14	25	33
Accrued interest due to affiliate	48	24	3	—	—
Mandatorily redeemable preferred stock due to affiliate, net	144	143	142	—	—
Other liabilities	13	15	15	11	—
Total liabilities	574	555	550	508	513
Commitments and Contingencies	—	—	—	—	—
Common stock, voting; par value $0.0001 per share; $315,000,000 shares authorized; $18,733,121 shares issued and $17,540,384 outstanding as of December 31, 2025, and 18,201,093 shares issued and 17,008,356 outstanding as of December 31, 2024	8,000	8,000	8,000	8,000	8,000
Additional paid in capital	471	469	461	435	433
Accumulated other comprehensive loss	−7	−4	−6	−6	−8
Accumulated deficit	−624	−561	−415	−248	−179
Treasury stock, at cost, 1,192,737 shares	−3	−3	−3	0	—
Total stockholders deficit	−164	−100	37	181	246
Total liabilities and stockholders deficit	411	456	587	689	759

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	55	56	58	54	50
Amortization of deferred financing costs	3	3	2	2	2
Stock-based compensation expense	2	8	11	10	5
Deferred income taxes	−3	−10	−11	−16	−10
Amortization of operating lease right-of-use assets	1	1	2	2	0
Loss on lease termination	322,000	0	—	—	—
Provision for credit losses	600,000	1	—	415,000	322,000
Provision for inventory write-downs	2	1	—	—	—
Unrealized (gain) loss on foreign currency translation	−5	5	−182,000	—	—
Accounts receivable	−3	7	−8	9	−12
Inventories	1	506,000	2	7	−10
Prepaid expenses and other assets	1	4	−87,000	−2	−1
Accounts payable and accrued liabilities	2	−832,000	13	−2	−8
Accrued interest due to affiliate	24	21	3	—	—
Deferred revenue	432,000	−418,000	1	980,000	−805,000
Operating lease liabilities	−1	−1	−2	−1	—
Other assets and liabilities	−2	−2	2	0	—
Net cash provided by operating activities	18	9	−6	16	−15
Purchases of property and equipment	−3	−2	−4	−3	−4
Additions to intangible assets	−7	−11	−16	−13	−9
Proceeds from sale of assets	250,000	0	—	—	—
Net cash used in investing activities	−10	−13	−20	−63	−13
Repayment of debt	−2	−2	−305	−4	—
Purchase of treasury stock	0	−431,000	−3	0	—
Principal payments under finance lease obligations	−24,000	−101,000	−123,000	−150,000	—
Payment of employee tax withholdings through cancelled shares of stock	−194,000	−839,000	−405,000	0	−2
Net cash used in financing activities	−2	−4	19	−5	104
Effect of exchange rate changes on cash	468,000	−405,000	173,000	−451,000	−226,000
Net increase (decrease) in cash and restricted cash	7	−8	−8	−51	76
Cash paid for interest	27	29	35	29	20
Cash paid for income taxes (net of refunds)	3	2	6	2	957,000
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	1	485,000	2	3	—
Right-of-use asset derecognized in connection with early lease termination	7	0	—	—	—
Purchases of property and equipment in accounts payable and accrued liabilities	62,000	783,000	—	—	—

Filings

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Frequently asked questions

What is KORE Group Holdings, Inc.'s CIK number?

KORE Group Holdings, Inc.'s SEC CIK number is 0001855457 (1855457). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find KORE Group Holdings, Inc.'s SEC filings?

All of KORE Group Holdings, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did KORE Group Holdings, Inc. last report earnings?

KORE Group Holdings, Inc. (KORE) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001855457-26-000027). This is KORE Group Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is KORE Group Holdings, Inc.'s most recent earnings 8-K?

KORE Group Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001855457-26-000027. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View KORE Group Holdings, Inc.'s latest earnings 8-K →
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