KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services. It serves customers operating in a range of sectors, including healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing. The company was founded in 2002 and is headquartered in Alpharetta, Georgia.
Revenue of KORE Group Holdings, Inc. (KORE)
Revenue in 2023 (TTM): $276.61 M
According to KORE Group Holdings, Inc.'s latest financial reports the company's current revenue (TTM) is $276.61 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of KORE Group Holdings, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $276.61 M | $148.05 M | $-67,274,000 | $-171,200,000 | $-167,042,000 |
| 2022 | $268.45 M | $139.29 M | $-28,065,000 | $-115,441,000 | $-105,422,000 |
| 2021 | $248.22 M | $125.99 M | $40.04 M | $-34,147,000 | $-24,453,000 |
| 2020 | $213.76 M | $115.83 M | $35.46 M | $-40,519,000 | $-35,201,000 |
| 2019 | $169.15 M | $105.49 M | $36.53 M | $-36,384,000 | $-23,443,000 |