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KORE Group Holdings NYSE:KORE Stock Report

Last Price

US$1.25

Market Cap

US$19.9m

7D

1.6%

1Y

-72.8%

Updated

19 Dec, 2024

Data

Company Financials +

KORE Group Holdings, Inc.

NYSE:KORE Stock Report

Market Cap: US$19.9m

My Notes

Capture your thoughts, links and company narrative

KORE Group Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for KORE Group Holdings
Historical stock prices
Current Share PriceUS$1.25
52 Week HighUS$6.45
52 Week LowUS$1.10
Beta2.34
1 Month Change-31.69%
3 Month Change-42.13%
1 Year Change-72.83%
3 Year Change-96.42%
5 Year Changen/a
Change since IPO-97.54%

Recent News & Updates

Recent updates

KORE Group Holdings, Inc. (NYSE:KORE) Just Reported Earnings, And Analysts Cut Their Target Price

Aug 14
KORE Group Holdings, Inc. (NYSE:KORE) Just Reported Earnings, And Analysts Cut Their Target Price

KORE Group Holdings, Inc. GAAP EPS of -$0.15 misses by $0.08, revenue of $70.4M beats by $4.49M

Aug 11

Shareholder Returns

KOREUS Wireless TelecomUS Market
7D1.6%-6.3%-3.5%
1Y-72.8%41.3%22.1%

Return vs Industry: KORE underperformed the US Wireless Telecom industry which returned 43.3% over the past year.

Return vs Market: KORE underperformed the US Market which returned 24% over the past year.

Price Volatility

Is KORE's price volatile compared to industry and market?
KORE volatility
KORE Average Weekly Movement10.4%
Wireless Telecom Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: KORE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: KORE's weekly volatility has decreased from 21% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002600Ron Tottonwww.korewireless.com

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 for the business market. The company’s products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services.

KORE Group Holdings, Inc. Fundamentals Summary

How do KORE Group Holdings's earnings and revenue compare to its market cap?
KORE fundamental statistics
Market capUS$19.90m
Earnings (TTM)-US$154.32m
Revenue (TTM)US$285.23m

0.1x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KORE income statement (TTM)
RevenueUS$285.23m
Cost of RevenueUS$129.71m
Gross ProfitUS$155.52m
Other ExpensesUS$309.84m
Earnings-US$154.32m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-9.07
Gross Margin54.52%
Net Profit Margin-54.10%
Debt/Equity Ratio-569.8%

How did KORE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 05:52
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

KORE Group Holdings, Inc. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew NiknamDeutsche Bank
Michael LatimoreNorthland Capital Markets
Scott SearleRoth MKM