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KORE Group Holdings NYSE:KORE Stock Report

Last Price

US$0.82

Market Cap

US$67.2m

7D

-4.1%

1Y

-37.3%

Updated

27 Mar, 2024

Data

Company Financials +

KORE Group Holdings, Inc.

NYSE:KORE Stock Report

Market Cap: US$67.2m

KORE Group Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for KORE Group Holdings
Historical stock prices
Current Share PriceUS$0.82
52 Week HighUS$1.76
52 Week LowUS$0.12
Beta2.9
1 Month Change-1.44%
3 Month Change16.77%
1 Year Change-37.29%
3 Year Change-91.77%
5 Year Changen/a
Change since IPO-91.98%

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

Kore Wireless CEO Romil Bahl - Getting Ready For 5G (Video)

Oct 07

Shareholder Returns

KOREUS Wireless TelecomUS Market
7D-4.1%0.5%0.4%
1Y-37.3%13.4%28.8%

Return vs Industry: KORE underperformed the US Wireless Telecom industry which returned 13.6% over the past year.

Return vs Market: KORE underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is KORE's price volatile compared to industry and market?
KORE volatility
KORE Average Weekly Movement26.8%
Wireless Telecom Industry Average Movement7.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: KORE's share price has been volatile over the past 3 months.

Volatility Over Time: KORE's weekly volatility has increased from 21% to 27% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002595Romil Bahlhttps://www.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 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.

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$67.16m
Earnings (TTM)-US$202.91m
Revenue (TTM)US$266.56m

0.3x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KORE income statement (TTM)
RevenueUS$266.56m
Cost of RevenueUS$121.74m
Gross ProfitUS$144.81m
Other ExpensesUS$347.72m
Earnings-US$202.91m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.46
Gross Margin54.33%
Net Profit Margin-76.12%
Debt/Equity Ratio586.3%

How did KORE perform over the long term?

See historical performance and comparison
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