KORE Group Holdings Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $6.75
- Today's High:
- $7.2
- Open Price:
- $7.01
- 52W Low:
- $0.12
- 52W High:
- $3.25
- Prev. Close:
- $7.01
- Volume:
- 12237
Company Statistics
- Market Cap.:
- $61.44 million
- Book Value:
- 1.884
- Revenue TTM:
- $264.06 million
- Operating Margin TTM:
- -12.2%
- Gross Profit TTM:
- $139.29 million
- Profit Margin:
- -46.14%
- Return on Assets TTM:
- -2.8%
- Return on Equity TTM:
- -57.07%
Company Profile
KORE Group Holdings Inc had its IPO on 2021-10-01 under the ticker symbol KORE.
The company operates in the Communication Services sector and Telecom Services industry. KORE Group Holdings Inc has a staff strength of 595 employees.
Stock update
Shares of KORE Group Holdings Inc opened at $7.01 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of $6.75 - $7.2, and closed at $7.
This is a -0.14% slip from the previous day's closing price.
A total volume of 12,237 shares were traded at the close of the day’s session.
In the last one week, shares of KORE Group Holdings Inc have increased by +1.3%.
KORE Group Holdings Inc's Key Ratios
KORE Group Holdings Inc has a market cap of $61.44 million, indicating a price to book ratio of 0.6128 and a price to sales ratio of 0.5279.
In the last 12-months KORE Group Holdings Inc’s revenue was $264.06 million with a gross profit of $139.29 million and an EBITDA of $23.99 million. The EBITDA ratio measures KORE Group Holdings Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, KORE Group Holdings Inc’s operating margin was -12.2% while its return on assets stood at -2.8% with a return of equity of -57.07%.
In Q2, KORE Group Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 2%.
KORE Group Holdings Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-1.59 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into KORE Group Holdings Inc’s profitability.
KORE Group Holdings Inc stock is trading at a EV to sales ratio of 1.9513 and a EV to EBITDA ratio of 21.347. Its price to sales ratio in the trailing 12-months stood at 0.5279.
KORE Group Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $671.27 million
- Total Liabilities
- $53.98 million
- Operating Cash Flow
- $-5406000.00
- Capital Expenditure
- $5.41 million
- Dividend Payout Ratio
- 0%
KORE Group Holdings Inc ended 2024 with $671.27 million in total assets and $0 in total liabilities. Its intangible assets were valued at $671.27 million while shareholder equity stood at $163.03 million.
KORE Group Holdings Inc ended 2024 with $19.42 million in deferred long-term liabilities, $53.98 million in other current liabilities, 9000.00 in common stock, $-286227000.00 in retained earnings and $373.09 million in goodwill. Its cash balance stood at $22.92 million and cash and short-term investments were $22.92 million. The company’s total short-term debt was $6,332,000 while long-term debt stood at $412.85 million.
KORE Group Holdings Inc’s total current assets stands at $88.84 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $47.43 million compared to accounts payable of $21.60 million and inventory worth $7.37 million.
In 2024, KORE Group Holdings Inc's operating cash flow was $-5406000.00 while its capital expenditure stood at $5.41 million.
Comparatively, KORE Group Holdings Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $7
- 52-Week High
- $3.25
- 52-Week Low
- $0.12
- Analyst Target Price
- $4.2
KORE Group Holdings Inc stock is currently trading at $7 per share. It touched a 52-week high of $3.25 and a 52-week low of $3.25. Analysts tracking the stock have a 12-month average target price of $4.2.
Its 50-day moving average was $7 and 200-day moving average was $8.07 The short ratio stood at 2.17 indicating a short percent outstanding of 0%.
Around 3350.2% of the company’s stock are held by insiders while 5557.6% are held by institutions.
Frequently Asked Questions About KORE Group Holdings Inc
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About
KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology and applications for the Machine-to-Machine market. The company’s products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. The company was founded in 2002 and is headquartered in Atlanta, Georgia.