Skip to content
COMMUNICATIONS SERVICES, NEC · SMALL CAP

Kore Group Holdings, Inc. KORE

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$285.9M
▼ 0.0% YoY
$-63.0M
$15.8M
▲ 122.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

KORE Group Holdings, Inc. offers IoT connectivity to the Internet and other IoT solutions to its customers. It provides advanced connectivity services, location-based services, device solutions, and managed and professional services used in the development and support of IoT solutions and applications. As of December 31, 2025, it had 403 full-time employees. It provides IoT Connectivity and IoT Solutions to enterprise customers across several key end markets, comprised of Connected Health, Fleet Management, Asset Monitoring, Retail Communications Services and Industrial IoT. Its IoT Connectivity line of business represented 78% and 79% of its revenues in 2025 and 2024, respectively, and consists primarily of IoT Connectivity services through its IoT platform 'KORE One'. Its IoT Solutions line of business represented 22% and 21% of its revenues in 2025 and 2024, respectively, and consists primarily of the sale of third-party devices, for an upfront fee per device, and outsourced platform-enabled services on a per-device per month basis. KORE Group Holdings, Inc. is a Delaware corporation whose operations are primarily located in North America, and it began operations in 2003.

Written from the business description in KORE Group Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth

USD 285.9M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 285.9 · Net income -63.0
150M300M-100M-200M
201920222025
Compound annual growth
+2.1%
+6.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−22 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -4.4% · Net -22.0%
-20%-40%-60%
201920222025
ROE
FY2023 · ROE -153.5%
-50%-100%-150%
201920222025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -3%.

Cash & shareholders

USD 0.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 15.8
10M20M-10M-20M
201920222025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 0.0
1M2M
201920202022202320242025

Total assetsUSD 410.5M
EquityUSD -163.8M
CashUSD 26.7M
Gross debtUSD 297.1M
Net debtUSD 270.4M
Current ratio1.19×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 7-year record

7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
KORE, 7-year financial record
Metric 2025202420232022202120202019
Revenue $B0.30.30.30.30.20.20.2
Operating income $B−0.0−0.1−0.1−0.1−0.0−0.0−0.0
EBITDA $B0.0−0.0−0.1−0.00.00.00.0
Income tax $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Net income $B−0.1−0.1−0.2−0.1−0.0−0.0−0.0
Free cash flow $B0.00.0−0.00.0−0.00.00.0
EPS, diluted $−3.19−7.59−9.97−1.40−1.04−1.96−1.45
Dividend / sh $◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————
ROE %——−153.5−47.4−17.4−73.5−29.6
Shares out B0.020.020.080.080.070.03◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 7 of the 7 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 12 checks were skipped: EPS is not tagged before 2019. 12 checks were skipped: revenue is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCommunications Services, NEC
Listed onnot stated in the filings
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

Share this section

Download image