KORE Group Holdings, Inc. financial data

Symbol
KORE on NYSE, KORGW on OTC
Industry
Communications Services, NEC
Location
3 Ravinia Drive Ne, Suite 500, Atlanta, GA
Fiscal year end
December 31
Former names
King Pubco, Inc. (to 9/30/2021)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 140 % -28.2%
Quick Ratio 12.3 % -26.6%
Debt-to-equity 2.34K % +765%
Return On Equity -911 % -1310%
Return On Assets -37.3 % -114%
Operating Margin -222 % -548%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.1M shares -79.1%
Common Stock, Shares, Outstanding 17M shares -80.4%
Entity Public Float 50.3M USD -53.9%
Common Stock, Value, Issued 8K USD -11.1%
Weighted Average Number of Shares Outstanding, Basic 19.1M shares +19.9%
Weighted Average Number of Shares Outstanding, Diluted 19.1M shares +19.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 68.9M USD +24.7%
Revenue from Contract with Customer, Excluding Assessed Tax 74.3M USD -71.9%
Operating Income (Loss) -165M USD -82.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.5M USD -474%
Income Tax Expense (Benefit) -5.15M USD +24.3%
Net Income (Loss) Attributable to Parent -211M USD -73.1%
Earnings Per Share, Basic -4.08 USD/shares -59.4%
Earnings Per Share, Diluted -4.08 USD/shares -59.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 22.3M USD -2.86%
Accounts Receivable, after Allowance for Credit Loss, Current 46.7M USD -0.77%
Inventory, Net 7.84M USD +6.43%
Other Assets, Current 2.64M USD +404%
Assets, Current 88.2M USD -0.7%
Deferred Income Tax Assets, Net 52K USD -90.8%
Property, Plant and Equipment, Net 11M USD -7.93%
Operating Lease, Right-of-Use Asset 9.13M USD -8.58%
Intangible Assets, Net (Excluding Goodwill) 148M USD -20%
Goodwill 249M USD -33.2%
Other Assets, Noncurrent 4.39M USD +574%
Assets 510M USD -24.1%
Accounts Payable, Current 21.4M USD -1.01%
Employee-related Liabilities, Current 4.9M USD
Accrued Liabilities, Current 26.7M USD +63.1%
Contract with Customer, Liability, Current 8.53M USD -1.89%
Liabilities, Current 65M USD +20.4%
Deferred Income Tax Liabilities, Net 7.85M USD -59.6%
Operating Lease, Liability, Noncurrent 9.02M USD -5.71%
Other Liabilities, Noncurrent 14.9M USD +20.6%
Liabilities 548M USD +7.75%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.35M USD +12.7%
Retained Earnings (Accumulated Deficit) -497M USD -73.7%
Stockholders' Equity Attributable to Parent -37.8M USD -123%
Liabilities and Equity 510M USD -24.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.9M USD -0.57%
Net Cash Provided by (Used in) Financing Activities -1.18M USD +10.9%
Net Cash Provided by (Used in) Investing Activities -4.69M USD +3.18%
Common Stock, Shares Authorized 315M shares 0%
Common Stock, Shares, Issued 18M shares -79.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.12M USD -1.71%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 22.6M USD -4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.67M USD -50.1%
Deferred Tax Assets, Valuation Allowance 33.5M USD +107%
Deferred Tax Assets, Gross 53.3M USD +36.7%
Operating Lease, Liability 10.9M USD -1.75%
Payments to Acquire Property, Plant, and Equipment 877K USD -14.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -210M USD -72.3%
Lessee, Operating Lease, Liability, to be Paid 14.5M USD -3.76%
Operating Lease, Liability, Current 1.52M USD +0.46%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.08M USD +10.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.23M USD -12%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -1.39M USD +30.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.59M USD -9.39%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.81M USD +8.85%
Deferred Tax Assets, Operating Loss Carryforwards 17.2M USD +26.5%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 5.77M USD +531%
Preferred Stock, Shares Authorized 35M shares
Unrecognized Tax Benefits 8.77M USD +2.24%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.83M USD +33.7%
Additional Paid in Capital 467M USD +2.65%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 13.6M USD -3.67%
Deferred Tax Assets, Net of Valuation Allowance 19.8M USD -13%
Interest Expense 40.5M USD +38.4%