KORE Group Holdings, Inc.KORE

Market cap

$73.65M

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net loss	-24	-106	-167	-146
Depreciation and amortization	50	54	58	56
Amortization of Debt Issuance Costs	2	2	2	3
Loss on extinguishment of debt	-	-	-3	-
Goodwill impairment	-	58	78	66
Stock-based compensation expense	5	10	11	8
Deferred income taxes	-10	-16	-11	-10
Fair Value Adjustment of Warrants	-5	-0	-	-4
Amortization of operating lease right-of-use assets	-	2	2	1
Unrealized loss on foreign currency translation	-	-	-	-5
Other	-	-	-0	-1
Accounts receivable	12	-9	8	-7
Inventories	10	-7	-2	-2
Prepaid expenses and other assets	2	2	0	-4
Accounts payable and accrued liabilities	-8	-2	13	-0
Accrued interest due to affiliate	-	-	-	21
Deferred revenue	-	1	1	-0
Operating lease liabilities	-	-1	-2	-1
Other assets and liabilities	-	-	-2	2
Net cash provided by (used in) operating activities	-15	16	-6	10
Purchases of property and equipment	4	3	4	3
Additions to intangible assets	9	13	16	11
Net cash used in investing activities	-13	-63	-20	-13
Repayment of debt	-	-	305	2
Purchase of treasury stock	-	-	3	0
Principal payments under finance lease obligations	-	0	0	0
Payment of employee tax withholdings through cancelled shares of stock	2	-	0	1
Proceeds from issuance of debt	104	-	185	-
Payment of original issue discount	-	-	4	-
Payment of deferred financing costs	2	0	7	-
Private offering and merger financing refund	-	-	0	-
Net cash (used in) provided by financing activities	104	-5	19	-4
Effect of exchange rate changes on cash	-	-0	0	-0
Net decrease in cash and restricted cash	76	-51	-8	-8
Cash paid for interest	20	29	35	29
Income Taxes Paid, Net	1	2	6	2
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	-	3	2	0
Stock Issued	57	23	15	-
Penny Warrants Issued	-	-	5	-