PowerFleet Inc (PWFL.TA)

Name: PowerFleet Inc Financial Statements
Creator: Quarter Results

Technology | Communication Equipment

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$113M

Net Income

-$3.4M

Operating Margin

5.6%

Free Cash Flow

-$37.1M

Debt / Assets

50.9%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for PowerFleet Inc (PWFL.TA).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-06-30	2024-06-30
Revenue	113,487,000	103,638,000	106,429,000	75,430,000
Cost of Revenue	50,799,000	48,875,000	47,646,000	35,782,000
Gross Profit	62,688,000	54,763,000	58,783,000	39,648,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	51,770,000	54,151,000	49,416,000	54,782,000
Operating Expenses	56,342,000	61,743,000	60,026,000	57,883,000
Operating Income	6,346,000	-6,980,000	-1,243,000	-18,235,000
Interest Expense	-6,844,000	6,977,000	5,655,000	2,691,000
Income Before Tax	-373,000	-12,742,000	-10,837,000	-21,246,000
Income Tax Expense	-2,991,000	-304,000	3,513,000	-1,053,000
Net Income	-3,364,000	-4,288,000	-14,349,000	-22,337,000
Per Share
EPS	-0.02	-0.03	-0.08	-0.21
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for PowerFleet Inc (PWFL.TA).
Income Statement (Annual)	2025-03-31	2023-12-31	2022-12-31
Revenue	362,515,000	133,736,000	135,157,000
Cost of Revenue	167,978,000	66,660,000	70,986,000
Gross Profit	194,537,000	67,076,000	64,171,000
Operating Expenses
R&D Expenses	0	0	0
SG&A Expenses	204,361,000	71,253,000	63,001,000
Operating Expenses	220,422,000	79,633,000	71,965,000
Operating Income	-25,885,000	-12,557,000	-7,794,000
Interest Expense	20,330,000	1,602,000	1,695,000
Income Before Tax	-46,452,000	-5,051,000	-6,705,000
Income Tax Expense	4,517,000	589,000	296,000
Net Income	-50,987,000	-5,675,000	-7,003,000
Per Share
EPS	-0.43	-0.16	-0.20
EPS Diluted	0.00	0.00	0.00

Balance sheet quarterly history for PowerFleet Inc (PWFL.TA).
Balance Sheet (Quarterly)	2025-03-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	48,788,000	19,332,000	17,680,000
Short Term Investments	0	0	0
Net Receivables	78,623,000	34,708,000	32,493,000
Inventory	18,350,000	22,602,000	22,272,000
Total Current Assets	169,080,000	81,942,000	81,225,000
Property Plant Equipment	70,350,000	18,578,000	16,252,000
Goodwill and Intangibles	641,728,000	103,562,000	107,212,000
Total Assets	910,071,000	217,746,000	217,435,000
Liabilities
Account Payables	41,599,000	20,025,000	14,751,000
Short Term Debt	46,708,000	22,594,000	12,753,000
Total Current Liabilities	151,009,000	58,556,000	45,714,000
Long Term Debt	240,351,000	4,908,000	17,031,000
Total Liabilities	463,329,000	79,825,000	77,055,000
Shareholders Equity
Retained Earnings	-205,783,000	-146,281,000	-141,440,000
Total Shareholders Equity	446,592,000	137,819,000	140,302,000

Balance sheet annual history for PowerFleet Inc (PWFL.TA).
Balance Sheet (Annual)	2025-03-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	48,788,000	19,332,000	17,680,000
Short Term Investments	0	0	0
Net Receivables	78,623,000	34,708,000	32,493,000
Inventory	18,350,000	22,602,000	22,272,000
Total Current Assets	169,080,000	81,942,000	81,225,000
Property Plant Equipment	70,350,000	18,578,000	16,252,000
Goodwill and Intangibles	641,728,000	103,562,000	107,212,000
Total Assets	910,071,000	217,746,000	217,435,000
Liabilities
Account Payables	41,599,000	20,025,000	14,751,000
Short Term Debt	46,708,000	22,594,000	12,753,000
Total Current Liabilities	151,009,000	58,556,000	45,714,000
Long Term Debt	240,351,000	4,908,000	17,031,000
Total Liabilities	463,329,000	79,825,000	77,055,000
Shareholders Equity
Retained Earnings	-205,783,000	-146,281,000	-141,440,000
Total Shareholders Equity	446,592,000	137,819,000	140,302,000

Cash flow quarterly history for PowerFleet Inc (PWFL.TA).
Cash Flow Statement (Quarterly)	2025-03-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-50,987,000	-5,675,000	-7,003,000
Depreciation & Amortization	47,494,000	12,259,000	8,262,000
Stock Based Compensation	9,362,000	3,908,000	4,343,000
Change in Working Capital	-25,006,000	-460,000	-8,659,000
Operating Cash Flow	-3,345,000	4,397,000	757,000
Investing Activities
Capital Expenditure	-33,790,000	-7,093,000	-5,738,000
Investments	-33,790,000	-7,093,000	-5,738,000
Investing Cash Flow	-170,596,000	1,529,000	-5,838,000
Financing Activities
Debt Repayment	141,909,000	0	-5,659,000
Common Stock Issued/Repurchased	63,623,000	-105,000	-211,000
Dividends Paid	-90,298,000	-3,385,000	0
Financing Cash Flow	115,722,000	-3,706,000	-282,000
Summary
Free Cash Flow	-37,135,000	-2,696,000	-4,981,000
Net Change in Cash	-60,876,000	1,343,000	-8,771,000

Cash flow annual history for PowerFleet Inc (PWFL.TA).
Cash Flow Statement (Annual)	2025-03-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-50,987,000	-5,675,000	-7,003,000
Depreciation & Amortization	47,494,000	12,259,000	8,262,000
Stock Based Compensation	9,362,000	3,908,000	4,343,000
Change in Working Capital	-25,006,000	-460,000	-8,659,000
Operating Cash Flow	-3,345,000	4,397,000	757,000
Investing Activities
Capital Expenditure	-33,790,000	-7,093,000	-5,738,000
Investments	-33,790,000	-7,093,000	-5,738,000
Investing Cash Flow	-170,596,000	1,529,000	-5,838,000
Financing Activities
Debt Repayment	141,909,000	0	-5,659,000
Common Stock Issued/Repurchased	63,623,000	-105,000	-211,000
Dividends Paid	-90,298,000	-3,385,000	0
Financing Cash Flow	115,722,000	-3,706,000	-282,000
Summary
Free Cash Flow	-37,135,000	-2,696,000	-4,981,000
Net Change in Cash	-60,876,000	1,343,000	-8,771,000