← Powerfleet, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2025 FY 2026
Operating Revenue $41.0m $53.1m $81.9m $113.6m $126.2m $135.9m $133.7m $362.5m $443.8m
Total Revenue $41.0m $53.1m $81.9m $113.6m $126.2m $135.2m $133.7m $362.5m $443.8m
Revenues:
Cost Of Revenue $20.0m $27.3m $43.6m $54.6m $66.0m $70.9m $66.7m $168.0m $197.4m
Reconciled Cost Of Revenue $20.0m $27.3m $43.6m $54.6m $66.0m $70.9m $66.7m $168.0m $197.4m
Cost of Revenue $20.0m $27.3m $43.6m $54.6m $66.0m $71.0m $66.7m $168.0m $197.4m
Total cost of revenues $20.0m $27.3m $43.6m $54.6m $66.0m $71.0m $66.7m $168.0m $197.4m
Gross profit $20.9m $25.8m $38.4m $59.0m $60.2m $64.2m $67.1m $194.5m $246.4m
Gross Profit $20.9m $25.8m $38.4m $59.0m $60.2m $64.2m $67.1m $194.5m $246.4m
Research And Development — — — — — $8.5m $8.4m $16.1m $18.4m
Operating Expenses $25.0m $31.5m $48.5m $62.5m $68.2m $72.0m $79.6m $220.4m $226.8m
Total operating expenses $25.0m $31.5m $48.5m $62.5m $68.2m $72.0m $79.6m $220.4m $226.8m
(Loss) income from operations ($4.1m) ($5.7m) ($10.2m) ($3.5m) ($8.0m) ($7.8m) ($12.6m) ($25.9m) $19.6m
EBIT ($7.0m) ($3.4m) ($26.1m) $16.3m
Operating Income — — — — — ($7.0m) ($12.6m) ($25.9m) $19.6m
Total Operating Income As Reported — — — — — ($7.0m) ($12.6m) ($25.9m) $19.6m
Operating Income (Loss) ($4.1m) ($5.7m) ($10.2m) ($3.5m) ($8.0m) ($7.8m) ($12.6m) ($25.9m) $19.6m
Additional Financial Items
Interest income $253k $262k $125k $55k $45k $71k $103k $926k $780k
Bargain purchase - Movingdots — — — — — — $9.0m $0 $0
Net loss before income taxes ($4.2m) ($5.8m) ($11.1m) ($8.0m) ($10.7m) ($6.7m) ($5.1m) ($46.5m) ($11.3m)
Net loss before non-controlling interest ($3.9m) ($5.8m) ($11.0m) ($9.0m) ($13.3m) ($7.0m) ($5.6m) ($51.0m) ($19.9m)
Non-controlling interest — — $18k $3k $5k ($2k) ($35k) ($18k) ($608k)
Net loss — ($5.8m) ($11.0m) ($9.0m) ($13.3m) ($7.0m) ($5.7m) ($51.0m) ($20.6m)
Accretion of preferred stock — — ($168k) ($672k) ($672k) ($671k) ($7.1m) $0 $0
Preferred stock dividend — — ($1.1m) ($4.6m) ($4.1m) ($4.2m) ($4.5m) ($25k) $0
Net loss attributable to common stockholders ($3.9m) ($5.8m) ($12.0m) ($13.6m) ($18.1m) ($11.9m) ($17.3m) ($51.0m) ($20.6m)
Diluted EPS — — — ($0) ($1) ($0.34) ($0.49) ($0.43) ($0.15)
Diluted NI Availto Com Stockholders — ($5.8m) $18k ($3k) ($13.3m) ($16.9m) ($17.3m) ($51.0m) ($20.6m)
Interest Income Non Operating — — — — — $1.1m $103k $926k $780k
Minority Interests — — $18k $3k $5k ($2k) ($35k) ($18k) ($608k)
Net Income From Continuing And Discontinued Operation — — — — — ($6.8m) ($5.7m) ($51.0m) ($20.6m)
Net Income From Continuing Operation Net Minority Interest — — — — — ($6.8m) ($5.7m) ($51.0m) ($20.6m)
Net Interest Income — — — — — $1.1m ($1.5m) ($19.4m) ($26.7m)
Normalized EBITDA — — — — — $1.3m ($3.0m) $21.4m $76.5m
Normalized Income — — — — — ($6.8m) ($12.8m) ($51.0m) ($20.6m)
Otherunder Preferred Stock Dividend — — — — — $5.9m $7.1m $0 $0
Preferred Stock Dividends — — $1.1m $4.6m $4.1m $4.2m $4.5m $25k $0
Reconciled Depreciation — — — — — $8.3m $9.4m $47.5m $60.3m
Restructuring And Mergern Acquisition — — — — — $0 ($9.0m) $0 $0
Selling General And Administration — — — — — $63.5m $71.3m $204.4m $208.5m
Special Income Charges — — — — — $0 $9.0m $0 $0
Tax Effect Of Unusual Items — — — — — $0 $1.9m $0 $0
Tax Provision — — — — — $870k $589k $4.5m $8.7m
Tax Rate For Calcs — — — — — $0 $0 $0 $0
Amortization of Intangible Assets — $712k $2.0m $5.3m $5.2m $5.1m $5.6m $27.6m $37.0m
Capitalized Computer Software, Amortization — — — — — — — $5.7m $4.6m
Foreign Currency Transaction Gain (Loss), Realized — $77k $653k — — — — — —
Income (Loss) Attributable to Parent, before Tax — — ($18k) ($3k) — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — ($5.1m) ($10.9m) ($15.5m) ($15.0m) ($10.9m) ($16.5m) ($46.9m) ($41.8m)
Investment Income, Interest $253k $262k $125k $55k $45k $71k $103k $926k $780k
Preferred Stock Dividends, Income Statement Impact — — $1.1m $4.6m $4.1m $4.2m $4.5m $25k $0
Total Unusual Items — — — — — $0 $9.0m $0 $0
Total Unusual Items Excluding Goodwill — — — — — $0 $9.0m $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($4.2m) ($5.8m) ($11.1m) ($8.0m) ($10.7m) ($6.7m) ($5.1m) ($46.5m) ($11.3m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — ($5.8m) ($11.0m) — — — — — —
Pre-Tax Income — — — — — ($5.9m) ($5.1m) ($46.5m) ($11.3m)
Net Income Common Stockholders — ($5.8m) $18k ($3k) ($13.3m) ($16.9m) ($17.3m) ($51.0m) ($20.6m)
Net Income — — — — — ($6.8m) ($5.7m) ($51.0m) ($20.6m)
Net Income Continuous Operations — — — — — ($6.8m) ($5.6m) ($51.0m) ($19.9m)
Net Income (Loss) Attributable to Parent — ($5.8m) ($11.0m) ($9.0m) ($13.3m) ($7.0m) ($5.7m) ($51.0m) ($20.6m)
Net Income (Loss) Available to Common Stockholders, Basic ($3.9m) ($5.8m) ($12.0m) ($13.6m) ($18.1m) ($11.9m) ($17.3m) ($51.0m) ($20.6m)
Net Income Including Noncontrolling Interests — — — — — ($6.8m) ($5.6m) ($51.0m) ($19.9m)
Net Income (Loss) Attributable to Noncontrolling Interest — — $18k ($3k) ($5k) $2k $35k $18k $608k
Net loss per share attributable to common stockholders - basic (in dollars per share) — — — ($0) ($1) ($0) ($0) ($0) ($0)
Net loss per share attributable to common stockholders - diluted (in dollars per share) ($0) ($0) ($1) ($0) ($1) ($0) ($0) ($0) ($0)
Earnings Per Share, Basic — — — ($0.46) ($0.52) ($0.34) ($0.49) ($0.43) ($0.15)
Earnings Per Share, Diluted ($0.26) ($0.34) ($0.59) ($0.46) ($0.52) ($0.48) ($0.49) ($0.43) ($0.15)
Weighted-average common shares outstanding - basic (in shares) — — 18k (3k) 35k 35k 36k 119.9m 133.8m
Weighted-average common shares outstanding - diluted (in shares) — — 18k (3k) 35k 35k 36k 119.9m 133.8m
Basic Average Shares — — — — — $35.4m $35.6m $119.9m $133.8m
Diluted Average Shares — — — — — $35.4m $35.6m $119.9m $133.8m
Weighted Average Number of Shares Outstanding, Basic — — — — 34.6m 35.4m 36k 119.9m 133.8m
Weighted Average Number of Shares Outstanding, Diluted — — — — — — 36k 119.9m 133.8m
Selling, general and administrative expenses $20.5m $24.7m $34.9m $51.9m $57.1m $63.0m $71.3m $204.4m $208.5m
Research and development expenses $4.5m $6.9m $8.5m $10.6m $11.1m $9.0m $8.4m $16.1m $18.4m
Interest expense ($342k) ($173k) ($948k) ($4.5m) ($2.8m) $994k ($1.6m) ($20.3m) ($27.5m)
Other expense — ($165k) ($50k) ($102k) $8k $24k ($29k) ($1.2m) ($4.1m)
Income tax expense $311k ($5.8m) $75k ($1.0m) ($2.6m) ($296k) ($589k) ($4.5m) ($8.7m)
Interest Expense Non Operating — — — — $2.8m — $1.6m $20.3m $27.5m
Net Non Operating Interest Income Expense — — — — — $1.1m ($1.5m) ($19.4m) ($26.7m)
Operating Expense $25.0m $31.5m $48.5m $62.5m $68.2m $72.0m $79.6m $220.4m $226.8m
Other Income Expense — — — — — $24k $9.0m ($1.2m) ($4.1m)
Other Non Operating Income Expenses — ($165k) ($50k) ($102k) $8k $24k ($29k) ($1.2m) ($4.1m)
Selling, General and Administrative Expense $20.5m $24.7m $34.9m $51.9m $57.1m $63.0m $71.3m $204.4m $208.5m
Other Nonoperating Income (Expense) — ($165k) ($50k) ($102k) $8k $24k ($29k) ($1.2m) ($4.1m)
Interest Expense (non-operating) — — — — $2.8m — $1.6m $20.3m $27.5m
Business Combination, Acquisition Related Costs — — $5.1m — — — — — —
Current Income Tax Expense (Benefit) — — — — — $153k $587k $6.3m $10.4m
Interest Expense ($342k) $173k $948k $4.5m $2.8m $994k ($1.6m) ($20.3m) ($27.5m)
Marketing and Advertising Expense — $996k $1.2m $1.0m $1.2m $1.1m $2.3m $5.0m $7.6m
Nonoperating Income (Expense) — ($165k) ($50k) — — — — — —
Research and Development Expense $4.5m $6.9m $8.5m $10.6m $11.1m $9.0m $8.4m $16.1m $18.4m
Restructuring and Related Cost, Incurred Cost — — — — — — — — $8.1m
Total Expenses — — — — — $142.9m $146.3m $388.4m $424.2m
Income Tax Expense (Benefit) — — $75k $1.0m $2.6m $296k $589k $4.5m $8.7m
Interest Income (Expense), Net — — — — — — ($1.6m) — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.