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 -37.6%, while the Wireless Telecom industry saw earnings growing at 26.6% annually. Revenues have been growing at an average rate of 8.4% per year.
Key information
-37.6%
Earnings growth rate
-10.4%
EPS growth rate
| Wireless Telecom Industry Growth | 23.1% |
| Revenue growth rate | 8.4% |
| Return on equity | n/a |
| Net Margin | -54.1% |
| Last Earnings Update | 30 Sep 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 Sep 24 | 285 | -154 | 135 | 0 |
| 30 Jun 24 | 285 | -230 | 138 | 0 |
| 31 Mar 24 | 287 | -166 | 136 | 0 |
| 31 Dec 23 | 277 | -167 | 130 | 0 |
| 30 Sep 23 | 267 | -203 | 123 | 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 37.6% 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 (17.8%).
Return on Equity
High ROE: KORE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/24 22:54 |
| End of Day Share Price | 2025/01/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Latimore | Northland Capital Markets |
| Scott Searle | Roth Capital Partners |
| Lance Vitanza | TD Cowen |