Kore Group Holdings Inc logo

KORE

Kore Group Holdings Inc

$3.13

Earnings Summary

Revenue
$68.94Mn
Net Profits
$-10.91Mn
Net Profit Margins
-15.82%

Highlights

Revenue:

Kore Group Holdings Inc’s revenue jumped 24.67% since last year same period to $68.94Mn in the Q1 2022. On a quarterly growth basis, Kore Group Holdings Inc has generated -44.88% fall in its revenue since last 3-months.

Net Profits:

Kore Group Holdings Inc’s net profit fell -908.97% since last year same period to $-10.91Mn in the Q1 2022. On a quarterly growth basis, Kore Group Holdings Inc has generated 23.71% jump in its net profits since last 3-months.

Net Profit Margins:

Kore Group Holdings Inc’s net profit margin fell -709.29% since last year same period to -15.82% in the Q1 2022. On a quarterly growth basis, Kore Group Holdings Inc has generated -38.41% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Kore Group Holdings Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.09
EPS Estimate Current Year
-0.09

Highlights

EPS Estimate Current Quarter:

Kore Group Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at -0.09 - a 18.18% jump from last quarter’s estimates.

EPS Estimate Current Year:

Kore Group Holdings Inc’s earning per share (EPS) estimates for the current year stand at -0.09.

Key Ratios

Key ratios of the Kore Group Holdings Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.15
Return on Assets (ROA)
-0.02
Return on Equity (ROE)
-0.14
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Kore Group Holdings Inc’s earning per share (EPS) fell -8723.53% since last year same period to -0.15 in the Q1 2022. This indicates that the Kore Group Holdings Inc has generated -8723.53% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Kore Group Holdings Inc’s return on assets (ROA) stands at -0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Kore Group Holdings Inc’s return on equity (ROE) stands at -0.14.

Dividend Per Share (DPS):

Kore Group Holdings Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-16
-0.09
-0.15
-66.67%

Company Information

KORE is a pioneer, leader, and trusted advisor delivering mission-critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes.

Organisation
Kore Group Holdings Inc
Headquarters
3700 Mansell Road, Alpharetta, GA, United States, 30022
Employees
2021