KORE Group Holdings, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $10.3m $86.0m $31.9m $27.1m $19.4m $26.7m
Prepaid Expense and Other Assets, Current $5.4m $7.4m $7.3m $14.2m $9.9m $9.0m
Inventory, Net $5.8m $15.5m $11.8m $8.2m $6.7m $3.2m
Assets, Current $62.3m $161.2m $109.6m $102.0m $80.0m $85.9m
Property, Plant and Equipment, Net $13.7m $12.2m $11.9m $11.0m $9.1m $6.7m
Goodwill $382.7m $382.0m $428.2m $295.0m $228.8m $228.8m
Intangible Assets, Net (Excluding Goodwill) $240.2m $203.5m $221.9m $167.6m $125.1m $83.0m
Operating Lease, Right-of-Use Asset $8.6m $9.4m $8.4m $1.5m
Other Assets, Noncurrent $611k $407k $401k $1.8m $4.2m $4.2m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $40.7m $51.3m $57.4m $52.4m $44.0m $47.0m
Accrued Liabilities, Current $17.2m $21.3m $11.7m $23.4m $31.8m $38.1m
Assets $700.0m $759.6m $781.2m $587.0m $455.8m $410.5m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $1.6m $1.4m $1.4m $585k
Accounts Payable, Current $23.0m $16.0m $19.9m $24.0m $14.8m $12.4m
Long-term Debt, Current Maturities $3.2m $3.3m $3.2m $2.4m $1.9m $1.9m
Operating Lease, Liability, Noncurrent $7.4m $9.4m $8.3m $1.3m
Long-term Debt, Excluding Current Maturities $298.4m $399.1m $414.0m $296.1m $295.7m $295.2m
Deferred Revenue, Current $7.8m $6.9m $7.8m $9.0m $8.5m $9.1m
Liabilities, Current $52.2m $48.2m $44.0m $74.5m $66.1m $72.0m
Deferred Income Tax Liabilities, Net $42.8m $36.7m $38.2m $13.8m $4.1m $887k
Other Liabilities, Noncurrent $4.4m $2.9m $14.6m $14.7m $13.1m
Deferred Tax Liabilities, Net $59.8m $56.3m $25.2m $13.8m $3.7m $887k
Liabilities $415.9m $487.5m $511.3m $550.0m $555.4m $574.3m
Stockholders’ equity:
Common Stock, Value, Issued $3k $7k $8k $8k $8k $8k
Additional Paid in Capital $135.6m $413.6m $427.0m $461.1m $468.7m $470.6m
Retained Earnings (Accumulated Deficit) ($113.7m) ($138.2m) ($153.6m) ($415.3m) ($561.4m) ($624.3m)
Accumulated Other Comprehensive Income (Loss), Net of Tax ($1.7m) ($3.3m) ($3.6m) ($6.1m) ($3.8m) ($6.9m)
Treasury Stock, Common, Value $3k $7k $8k $2.8m $3.2m $3.2m
Stockholders' Equity Attributable to Parent $20.2m $272.1m $269.9m $37.0m ($99.6m) ($163.8m)
Liabilities and Equity $700.0m $759.6m $781.2m $587.0m $455.8m $410.5m