KORE Group Financials

KORE Stock  USD 2.58  0.08  3.20%   
Based on the analysis of KORE Group's profitability, liquidity, and operating efficiency, KORE Group Holdings may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, KORE Group's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Liabilities is expected to grow to about 40 M, whereas Total Current Liabilities is forecasted to decline to about 59.5 M. Key indicators impacting KORE Group's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio4.517.53
Way Down
Slightly volatile
Current Ratio1.451.23
Fairly Up
Slightly volatile
The financial analysis of KORE Group is a critical element in measuring its lifeblood. Investors should not minimize KORE Group's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(142.82 Million)

  
Please note, the presentation of KORE Group's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, KORE Group's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of KORE Group's management manipulating its earnings.

KORE Group Stock Summary

KORE Group competes with Liberty Broadband, Cable One, Liberty Broadband, Telkom Indonesia, and Liberty Global. KORE Group Holdings, Inc. provides Internet of Things services and solutions worldwide. The company was founded in 2002 and is headquartered in Alpharetta, Georgia. Kore Group operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 614 people.
Foreign Associate
  Canada
Specialization
Communication Services, Telecommunication Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS50066V1070
CUSIP50066V107 G2040C104 50066V305
LocationGeorgia; U.S.A
Business Address3 Ravinia Drive,
SectorDiversified Telecommunication Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.korewireless.com
Phone877 710 5673
CurrencyUSD - US Dollar

KORE Group Key Financial Ratios

KORE Group Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets700.0M759.6M689.9M587.0M528.3M553.8M
Other Current Liab23.2M31.3M15.7M31.9M36.7M26.7M
Net Debt292.6M316.9M395.7M282.4M324.7M350.4M
Retained Earnings(113.7M)(138.2M)(247.5M)(415.3M)(373.8M)(355.1M)
Accounts Payable23.0M16.0M17.8M24.0M27.6M21.3M
Cash10.3M86.0M34.6M27.1M31.2M36.6M
Net Receivables40.7M51.6M44.5M54.5M62.7M49.8M
Good Will382.7M382.0M370.9M295.0M265.5M290.1M
Inventory5.8M15.5M10.1M8.2M9.4M9.3M
Other Current Assets5.4M8.3M14.0M12.1M13.9M9.5M
Total Liab679.8M487.5M508.5M550.0M632.5M579.6M
Total Current Assets62.3M161.2M103.2M102.0M117.3M105.1M
Short Term Debt4.0M3.7M7.3M4.0M3.6M4.9M
Intangible Assets240.2M203.5M192.5M167.6M150.8M172.9M

KORE Group Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision(5.3M)(9.7M)(10.0M)(4.2M)(4.8M)(5.0M)
Net Interest Income(23.5M)(23.3M)(31.4M)(42.7M)(38.4M)(40.3M)
Interest Expense23.5M23.3M31.4M43.2M49.7M32.1M
Total Revenue213.8M248.2M268.4M276.6M318.1M258.8M
Gross Profit115.8M126.0M139.3M148.0M170.3M139.6M
Operating Income(9.5M)(16.2M)(27.4M)9.8M11.3M11.8M
Ebit(17.0M)(10.3M)(84.8M)(128.0M)(115.2M)(109.4M)
Ebitda35.5M40.0M(28.1M)(67.3M)(60.5M)(57.5M)
Cost Of Revenue97.9M122.2M129.2M128.6M147.8M119.1M
Income Before Tax(40.5M)(34.1M)(115.4M)(171.2M)(154.1M)(146.4M)
Net Income(35.2M)(24.5M)(105.4M)(167.0M)(150.3M)(142.8M)
Income Tax Expense(5.3M)(9.7M)(10.0M)(4.2M)(4.8M)(5.0M)

KORE Group Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(3.0M)(9.9M)6.5M2.0M2.3M2.4M
Investments(11.6M)(13.4M)(62.5M)(20.2M)(23.3M)(24.4M)
Change In Cash2.0M75.7M(51.3M)(7.6M)(6.8M)(6.5M)
Free Cash Flow14.5M(28.2M)(1.1M)(26.6M)(24.0M)(22.8M)
Depreciation52.5M50.4M54.5M60.7M69.8M58.6M
Other Non Cash Items10.7M(2.1M)61.7M89.6M103.0M108.2M
Capital Expenditures12.0M13.4M16.5M20.2M23.3M16.5M
Net Income(35.2M)(24.5M)(105.4M)(167.0M)(150.3M)(142.8M)
End Period Cash Flow10.7M86.3M35.0M27.4M31.6M37.0M

KORE Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining KORE Group's current stock value. Our valuation model uses many indicators to compare KORE Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across KORE Group competition to find correlations between indicators driving KORE Group's intrinsic value. More Info.
KORE Group Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, KORE Group's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value KORE Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

KORE Group Holdings Systematic Risk

KORE Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. KORE Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on KORE Group Holdings correlated with the market. If Beta is less than 0 KORE Group generally moves in the opposite direction as compared to the market. If KORE Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one KORE Group Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of KORE Group is generally in the same direction as the market. If Beta > 1 KORE Group moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in KORE Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various KORE Group's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of KORE Group growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0124)

At present, KORE Group's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

KORE Group March 22, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of KORE Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of KORE Group Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of KORE Group Holdings based on widely used predictive technical indicators. In general, we focus on analyzing KORE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KORE Group's daily price indicators and compare them against related drivers.

Complementary Tools for KORE Stock analysis

When running KORE Group's price analysis, check to measure KORE Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KORE Group is operating at the current time. Most of KORE Group's value examination focuses on studying past and present price action to predict the probability of KORE Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KORE Group's price. Additionally, you may evaluate how the addition of KORE Group to your portfolios can decrease your overall portfolio volatility.
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