KORE Group Holdings Past Earnings Performance
Past criteria checks 0/6
KORE Group Holdings's earnings have been declining at an average annual rate of -40.1%, while the Wireless Telecom industry saw earnings growing at 23.7% annually. Revenues have been growing at an average rate of 5.6% per year.
Key information
-40.1%
Earnings growth rate
-10.8%
EPS growth rate
| Wireless Telecom Industry Growth | 23.1% |
| Revenue growth rate | 5.6% |
| Return on equity | n/a |
| Net Margin | -74.0% |
| Next Earnings Update | 13 Nov 2024 |
Revenue & Expenses Breakdown
How KORE Group Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 285 | -211 | 139 | 0 |
| 31 Mar 24 | 287 | -166 | 136 | 0 |
| 31 Dec 23 | 277 | -167 | 130 | 0 |
| 30 Sep 23 | 267 | -203 | 121 | 0 |
| 30 Jun 23 | 264 | -122 | 119 | 0 |
| 31 Mar 23 | 265 | -113 | 116 | 0 |
| 31 Dec 22 | 268 | -106 | 112 | 0 |
| 30 Sep 22 | 271 | -49 | 110 | 0 |
| 30 Jun 22 | 272 | -43 | 107 | 0 |
| 31 Mar 22 | 262 | -47 | 102 | 0 |
| 31 Dec 21 | 248 | -44 | 92 | 0 |
| 30 Sep 21 | 241 | -53 | 90 | 0 |
| 30 Jun 21 | 229 | -58 | 81 | 0 |
| 31 Mar 21 | 219 | -61 | 74 | 0 |
| 31 Dec 20 | 214 | -62 | 73 | 0 |
| 31 Dec 19 | 169 | -45 | 65 | 0 |
Quality Earnings: KORE is currently unprofitable.
Growing Profit Margin: KORE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KORE is unprofitable, and losses have increased over the past 5 years at a rate of 40.1% per year.
Accelerating Growth: Unable to compare KORE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KORE is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (33.3%).
Return on Equity
High ROE: KORE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.