Income Statement

POWERFLEET, INC.

AIOT
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Mar 31, 2025 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY
Revenue
362.52 133.74 135.16 126.21 113.59 81.92
Cost of Revenue
167.98 66.66 70.99 66.03 54.58 43.55
Gross Profit
194.54 67.08 64.17 60.18 59.02 38.36
Operating Expenses
220.42 79.63 71.97 68.16 62.48 48.55
Research & Development
16.06 8.38 8.96 11.06 10.60 8.54
Selling, General & Administrative
204.36 71.25 63.00 57.10 51.88 34.87
Other Operating Expenses
- - - - - -
Operating Income
-25.89 -12.56 -7.79 -7.98 -3.46 -10.18
Non-Operating Income
20.57 -7.51 -1.09 2.71 4.51 -0.05
Interest Income
0.93 0.10 0.07 0.05 0.06 4.53
Interest Expense
7.59 0.57 0.82 2.76 4.47 0.95
Other Non-Op Income / Expense
-1.16 -0.03 0.02 0.01 -0.10 -
Income Before Tax
-46.45 -5.05 -6.71 -10.69 -7.97 -11.06
Income Tax Expense
4.54 0.62 0.30 2.60 1.04 0.08
Non-Controlling Interest
0.02 0.04 0.00 -0.01 0.00 0.02
Net Income
-50.99 -5.68 -7.00 -13.29 -9.01 -
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Mar 31, 2025 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY
Depreciation & Amortization
- - - - - -
EBITDA
21.61 -3.11 0.47 0.58 4.97 -6.84
Earnings Per Share (Basic)
-0.43 -0.49 -0.34 - - -
Diluted EPS
-0.43 -0.49 - - - -
Weighted Average Shares
119.88 0.04 35.39 - - -
Diluted Weighted Avg Shares
119.88 0.04 - - - -
Comprehensive Income
-58.88 -16.71 -13.51 -18.08 -13.47 -11.35