Company research
KORE Group Holdings, Inc.
CIK 1855457Updated Sep 25, 2026
KORE price & chart
This listing closed Jul 20, 2026. Live provider charts are shown only for current listings.
About the company
KORE is a global leader in IoT connectivity and managed services, helping organizations simplify the complexity of deploying, managing and scaling connected solutions. Through its global carrier relationships, technology platform and deep operational expertise, KORE provides secure, reliable and scalable connectivity, managed services, location-based services and analytics to customers across industries and geographies. KORE helps organizations connect and manage devices, navigate complex connectivity requirements and accelerate the deployment of IoT applications around the world. For more information, please visit www.korewireless.com.
In the news
KORE Reports Fourth Quarter and Full Year 2025 Results ↗
Shareholder Investigation Launched by Kaskela Law Firm into Fairness of KORE Group Holdings, Inc. (NYSE: KORE) Buyout Price; KORE Investors Encouraged to Contact the Firm ↗
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 410,545,000Source | 455,833,000Source | 586,984,000Source | 781,153,000Source |
| Property, Plant and Equipment, NetUSD | 6,744,000Source | 9,052,000Source | 10,956,000Source | — |
| GoodwillUSD | 228,844,000Source | 228,844,000Source | 294,974,000Source | 428,153,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 83,005,000Source | 125,057,000Source | 167,587,000Source | 221,856,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 26,730,000Source | 19,408,000Source | 27,137,000Source | 31,914,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 47,003,000Source | 43,980,000Source | 52,413,000Source | 57,439,000Source |
| Inventory, NetUSD | 3,170,000Source | 6,653,000Source | 8,215,000Source | 11,789,000Source |
| Assets, CurrentUSD | 85,925,000Source | 79,963,000Source | 101,987,000Source | 109,641,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 9,022,000Source | 9,922,000Source | 14,222,000Source | 7,274,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,513,000Source | 8,412,000Source | 9,367,000Source | 8,565,000Source |
| Other Assets, NoncurrentUSD | 4,246,000Source | 4,212,000Source | 1,813,000Source | 401,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 574,325,000Source | 555,433,000Source | 550,011,000Source | 511,295,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 8,000Source | 8,000Source | 8,000Source | 8,000Source |
| Additional Paid in CapitalUSD | 470,612,000Source | 468,711,000Source | 461,069,000Source | 427,046,000Source |
| Retained Earnings (Accumulated Deficit)USD | -624,332,000Source | -561,356,000Source | -415,280,000Source | -153,610,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -6,883,000Source | -3,778,000Source | -6,070,000Source | -3,586,000Source |
| Stockholders' Equity Attributable to ParentUSD | -163,780,000Source | -99,600,000Source | 36,973,000Source | 269,858,000Source |
| Liabilities and EquityUSD | 410,545,000Source | 455,833,000Source | 586,984,000Source | 781,153,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 72,003,000Source | 66,090,000Source | 74,499,000Source | 44,000,000Source |
| Operating Lease, Liability, CurrentUSD | 585,000Source | 1,431,000Source | 1,446,000Source | 1,643,000Source |
| Accounts Payable, CurrentUSD | 12,353,000Source | 14,827,000Source | 23,983,000Source | 19,901,000Source |
| Operating Lease, Liability, NoncurrentUSD | 1,279,000Source | 8,278,000Source | 9,446,000Source | 7,430,000Source |
| Deferred Income Tax Liabilities, NetUSD | 887,000Source | 4,131,000Source | 13,795,000Source | 38,196,000Source |
| Other Liabilities, NoncurrentUSD | 13,100,000Source | 14,699,000Source | 14,568,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 38,095,000Source | 31,849,000Source | 23,421,000Source | 11,676,000Source |
| Deferred Tax Liabilities, NetUSD | 887,000Source | 3,688,000Source | 13,795,000Source | — |
| Long-term Debt, Current MaturitiesUSD | 1,850,000Source | 1,850,000Source | 2,411,000Source | 3,206,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 295,237,000Source | 295,661,000Source | 296,109,000Source | 414,026,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 54,891,000Source | 56,218,000Source | 58,363,000Source | 54,499,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,095,000Source | 8,481,000Source | 11,251,000Source | 10,296,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 2,814,000Source | -6,723,000Source | 7,707,000Source | -8,962,000Source |
| Increase (Decrease) in InventoriesUSD | -1,168,000Source | -1,511,000Source | -1,973,000Source | -6,542,000Source |
| Deferred Income Tax Expense (Benefit)USD | -2,767,000Source | -10,109,000Source | -11,412,000Source | -16,189,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 18,487,000Source | 9,906,000Source | -6,419,000Source | 16,356,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 46,002,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -9,590,000Source | -13,455,000Source | -20,230,000Source | -62,547,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,664,000Source | 2,807,000Source | 4,433,000Source | 3,307,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 194,000Source | 839,000Source | 405,000Source | 0Source |
| Payments for Repurchase of Common StockUSD | 0Source | 431,000Source | 2,754,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -2,068,000Source | -3,782,000Source | 18,906,000Source | -4,694,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 7,297,000Source | -7,736,000Source | -7,570,000Source | -51,336,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 26,998,000Source | 19,701,000Source | 27,437,000Source | 35,007,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 26,903,000Source | 28,885,000Source | 35,330,000Source | 29,199,000Source |
| Income Taxes Paid, NetUSD | 2,921,000Source | 2,104,000Source | 5,718,000Source | 2,119,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 468,000Source | -405,000Source | 173,000Source | -451,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 2,562,000Source | 2,584,000Source | 2,204,000Source | 2,427,000Source |
| Amortization of Intangible AssetsUSD | 49,600,000Source | 51,700,000Source | 52,800,000Source | 50,800,000Source |
| DepreciationUSD | 5,300,000Source | 4,500,000Source | 5,600,000Source | 3,700,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 5,000,000Source | 5,200,000Source | — | -14,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 5,323,000Source | -5,020,000Source | 100,000Source | — |
| Gain (Loss) on Disposition of Intangible AssetsUSD | -1,115,000Source | — | — | — |
| Gain (Loss) on Termination of LeaseUSD | -322,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | -2,584,000Source | — |
| GoodwillUSD | 228,844,000Source | 228,844,000Source | 294,974,000Source | 369,706,000Source |
| Goodwill, Impairment LossUSD | 0Source | 65,861,000Source | 78,257,000Source | 58,074,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 0Source | — |
| Income Tax Expense (Benefit)USD | -1,579,000Source | -5,937,000Source | -4,158,000Source | -10,417,000Source |
| Inventory Write-downUSD | 2,012,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -62,976,000Source | -146,076,000Source | -167,042,000Source | -106,200,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -62,976,000Source | -146,076,000Source | -167,042,000Source | -106,200,000Source |
| Nonoperating Income (Expense)USD | 4,182,000Source | — | — | — |
| Operating ExpensesUSD | 170,422,000Source | 262,719,000Source | 266,808,000Source | 224,793,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 3,500,000Source |
| Other Nonoperating Income (Expense)USD | 804,000Source | — | — | — |
| Payments of Financing CostsUSD | — | 0Source | 6,853,000Source | 356,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | 0Source | 185,000,000Source | — |
| Sales-type Lease, Selling Profit (Loss)USD | — | 1,380,000Source | 2,640,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 285,945,000Source | 286,087,000Source | 276,610,000Source | 268,447,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | — | 112,220,000Source |
| Operating Income (Loss)USD | -12,489,000Source | -102,793,000Source | -118,761,000Source | -85,500,000Source |
| Other Nonoperating Income (Expense)USD | 804,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | -116,617,000Source |
| Income Tax Expense (Benefit)USD | -1,579,000Source | -5,937,000Source | -4,158,000Source | -10,417,000Source |
| Net Income (Loss) Attributable to ParentUSD | -62,976,000Source | -146,076,000Source | -167,042,000Source | -106,200,000Source |
| Earnings Per Share, BasicUSD per share | -3.19Source | -7.59Source | -1.99Source | -1.4Source |
| Earnings Per Share, DilutedUSD per share | -3.19Source | -7.59Source | -1.99Source | -1.4Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 19,715,898Source | 19,246,799Source | 83,808,227Source | 75,710,904Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 19,715,898Source | 19,246,799Source | 83,808,227Source | 75,710,904Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 49,600,000Source | 51,700,000Source | 52,800,000Source | 50,800,000Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 128,012,000Source | 126,161,000Source | 128,563,000Source | 129,154,000Source |
| Current Income Tax Expense (Benefit)USD | 1,188,000Source | 4,172,000Source | 7,254,000Source | 5,772,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 54,891,000Source | 56,218,000Source | 58,363,000Source | 54,499,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 5,000,000Source | 5,200,000Source | — | -14,000Source |
| Goodwill, Impairment LossUSD | 0Source | 65,861,000Source | 78,257,000Source | 58,074,000Source |
| Income (Loss) Attributable to Parent, before TaxUSD | -64,555,000Source | -152,013,000Source | -171,200,000Source | -116,617,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -55,441,000Source | -108,848,000Source | -140,821,000Source | -92,021,000Source |
| Interest and Other IncomeUSD | 649,000Source | 1,120,000Source | 552,000Source | — |
| Interest ExpenseUSD | — | — | — | 31,371,000Source |
| Interest Expense, DebtUSD | 7,000,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -62,976,000Source | -146,076,000Source | -167,042,000Source | -106,200,000Source |
| Nonoperating Income (Expense)USD | 4,182,000Source | — | — | — |
| Operating ExpensesUSD | 170,422,000Source | 262,719,000Source | 266,808,000Source | 224,793,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 3,500,000Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | — | — | — | 0Source |
| Sales-type Lease, Selling Profit (Loss)USD | — | 1,380,000Source | 2,640,000Source | — |
Filing attachments
ef20078282_ex99-1.htm · 8-K · 2026-07-21
EX-99.1 4 ef20078282_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 KORE Begins New Chapter as Private Company Backed by Searchlight Capital Partners and Abry Partners Transaction provides KORE with greater flexibility and long-term investment to accelerate innovation, expand its capabilities and help customers deploy, manage and scale IoT globally ATLANTA, July 21, 2026 - KORE Group Holdings, Inc. (“KORE” or the “Company”), a global provider of Internet of Things (“IoT”) connectivity, solutions a…
Read attachment ↗tm267508d1_ex99-1.htm · 8-K · 2026-02-27
EX-99.1 7 tm267508d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 KORE Announces Agreement to be Acquired by Searchlight Capital Partners and Abry Partners KORE shareholders to receive $9.25 per share in cash, representing approximately 700% premium to the unaffected price ATLANTA AND NEW YORK - February 27, 2026 - KORE Group Holdings, Inc. (NYSE: KORE) (“KORE” or the “Company”), the global pure-play Internet of Things (“IoT”) hyperscaler and leading provider of IoT Connectivity, Solutions and A…
Read attachment ↗ex991-cfotransitionpr.htm · 8-K · 2025-06-02
EX-99.1 3 ex991-cfotransitionpr.htm EX-99.1 Document EXHIBIT 99.1 KORE Announces Chief Financial Officer Transition Anthony Bellomo Appointed Executive Vice President and Chief Financial Officer ATLANTA (June 2, 2025) - KORE Group Holdings, Inc. (“KORE” or the “Company”), a global leader in Internet of Things (“IoT”) Solutions and IoT Connectivity provider, today announced the appointment of Anthony Bellomo as Executive Vice President, Chief Financial Officer and Treasurer, effective Jun…
Read attachment ↗