PowerFleet, Inc.

PowerFleet, Inc.

AIOT · NASDAQ · Technology / Software - Application

2.43USD-0.04 (-1.62%)

Price History

Full chart

Market Stats

Previous Close2.47
Open2.48
Day Range2.34 – 2.48
52-Week Range2.78 – 5.88
Volume3.24M
Market Cap375.83M
P/E (TTM)0.00
Forward P/E14.90
EPS-0.13
Dividend Yield0.00%
Beta1.39
50-Day Avg3.36
200-Day Avg3.87

About

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions for managing high-value enterprise and mid-market assets in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. It offers unity solution portfolio, which includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, time, and money; software as a service based unity modules, which comprises vehicle, video, and in-warehouse IoT for customers to gain visibility and AI-powered insights into their people, assets, and business processes to manage utilization and maintenance, safety, fuel and energy management, and compliance and high-risk incidents; and open application programming interfaces for additional integrations and development to enhance other enterprise management systems and third-party applications. The company also provides hosting, maintenance, and customer support and consulting services; and software as a service, such as system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software update services. It offers its products under the Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete brands. The company markets and sells its wireless solutions to a range of customers in the commercial and government sectors, including construction and heavy equipment, distribution, field services, leasing and car rental, government and public safety, manufacturing and automotive, oil and gas, chemical, transportation and logistics, utilities and telecommunications, and cold chain logistics. The company was formerly known as I.D. Systems, Inc. and changed its name to PowerFleet, Inc. in October 2019. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Steve Towe
  • Employees2.66K
  • Headquarters123 Tice Boulevard, Woodcliff Lake, NJ, United States, 07677, USA
  • Websitehttps://www.powerfleet.com

Leadership

  • Mr. Steve ToweCEO & Director · b. 1972
  • Ms. Melissa IngramChief Corporate Development Officer · b. 1986
  • Mr. Paul S. LalljiePresident & CFO · b. 1973
  • Mr. Offer LehmannChief Operating Officer · b. 1973
  • Mr. Jonathan BatesChief Marketing Officer · b. 1983
  • Ms. Melissa GarzaChief Human Resource Officer
  • Ms. Catherine Joy LewisChief Customer Officer · b. 1975
  • Mr. Brendan Horan CA(SA)Managing Director of South Africa · b. 1975
  • Mr. Brodie Von BergManaging Director of Australasia
  • Mr. Luiz MunhozManaging Director of Brazil

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.55M945.00K923.00K5.54M7.96M13.74M19.00M24.74M17.08M27.05M10.32M25.86M39.29M44.63M39.95M45.63M41.78M36.82M40.96M53.06M81.92M113.59M125.96M135.16M362.51M362.51M443.78M
Growth (%)--82.99%-2.33%+500.65%+43.56%+72.65%+38.30%+30.18%-30.95%+58.32%-61.86%+150.69%+51.94%+13.60%-10.51%+14.24%-8.43%-11.88%+11.23%+29.56%+54.37%+38.67%+10.89%+7.30%+168.22%0.00%+22.42%
Cost of Revenue3.07M606.00K548.00K2.43M4.08M6.51M9.71M13.70M8.93M13.47M5.55M11.44M18.72M21.70M22.04M25.63M24.76M18.53M20.03M27.27M43.55M54.58M66.21M70.99M167.98M167.98M197.35M
Gross Profit2.49M339.00K375.00K3.11M3.88M7.23M9.30M11.04M8.15M13.58M4.76M14.42M20.57M22.93M17.91M20.01M17.02M18.29M20.93M25.80M38.36M59.02M59.75M64.17M194.54M194.54M246.42M
Gross Margin44.81%35.87%40.63%56.17%48.80%52.63%48.92%44.62%47.73%50.21%46.16%55.76%52.35%51.37%44.84%43.84%40.74%49.68%51.09%48.62%46.83%51.95%47.44%47.48%53.66%53.66%55.53%
Operating Expense2.45M5.90M4.59M4.77M5.35M7.11M8.77M15.58M18.81M19.64M19.15M27.75M25.53M26.75M26.16M32.18M27.31M24.66M25.02M31.53M48.12M62.62M67.92M71.12M220.42M220.42M226.85M
Operating Income35.00K-5.56M-4.21M-1.66M-1.46M119.00K531.00K-4.54M-10.66M-6.06M-14.38M-13.33M-4.96M-3.82M-8.25M-12.18M-10.28M-6.37M-4.09M-5.74M-9.76M-3.61M-8.17M-6.95M-25.89M-25.89M19.58M
Operating Margin0.63%-588.68%-456.66%-29.92%-18.38%0.87%2.79%-18.36%-62.39%-22.42%-139.44%-51.56%-12.62%-8.56%-20.65%-26.69%-24.61%-17.29%-9.99%-10.81%-11.91%-3.17%-6.49%-5.14%-7.14%-7.14%4.41%
EBITDA136.00K-5.45M-4.05M-1.46M-1.34M321.00K742.00K-4.23M-10.20M-5.18M-14.24M-11.00M-2.35M-1.63M-6.08M-9.96M-9.56M-5.39M-2.71M-4.08M-1.80M7.75M434.00K7.83M56.80M21.37M76.55M
EBITDA Margin2.45%-576.40%-439.00%-26.30%-16.89%2.34%3.90%-17.10%-59.73%-19.17%-138.06%-42.55%-5.98%-3.66%-15.21%-21.83%-22.89%-14.64%-6.61%-7.69%-2.20%6.82%0.34%5.79%15.67%5.90%17.25%
Net Income207.00K-4.93M-3.91M-1.38M-1.20M398.00K851.00K-1.62M-7.34M-4.17M-13.19M-12.61M-4.04M-2.59M-7.50M-11.57M-9.95M-6.37M-3.87M-5.81M-10.96M-9.01M-12.77M-7.00M-50.99M-50.99M-20.55M
Net Income Margin3.73%-521.80%-423.40%-24.96%-15.06%2.90%4.48%-6.53%-42.97%-15.44%-127.88%-48.76%-10.28%-5.81%-18.77%-25.37%-23.82%-17.30%-9.45%-10.95%-13.38%-7.93%-10.13%-5.18%-14.06%-14.06%-4.63%
R&D232.00K1.75M1.04M938.00K891.00K1.23M1.63M2.64M2.85M2.88M2.60M4.43M3.53M4.34M4.39M6.65M4.56M4.54M3.96M6.86M8.54M10.60M11.43M8.96M16.06M16.06M18.36M
R&D as % of Total Revenue4.18%185.29%112.46%16.92%11.19%8.98%8.55%10.67%16.68%10.66%25.24%17.13%8.99%9.73%10.99%14.57%10.90%12.32%9.68%12.93%10.43%9.33%9.07%6.63%4.43%4.43%4.14%
Interest Expense----------130.00K56.00K-----293.00K342.00K173.00K948.00K2.33M2.76M1.70M1.60M20.33M27.53M
Interest Expense % of Total Revenue----------1.26%0.22%-----0.80%0.84%0.33%1.16%2.05%2.19%1.25%0.44%5.61%6.20%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets15.82M10.97M7.31M12.95M13.47M17.16M19.84M84.91M74.80M69.95M70.58M60.88M62.83M60.57M55.52M52.49M44.43M44.25M60.93M62.53M225.51M231.60M229.87M217.44M308.68M910.07M955.57M
Total Liabilities684.00K758.00K826.00K1.53M2.49M3.59M4.67M3.62M3.13M2.86M14.69M16.14M17.23M16.54M18.07M25.23M23.86M28.24M27.96M32.80M93.94M76.53M85.01M77.04M179.77M463.33M473.95M
Total Equity15.14M10.21M6.49M11.41M10.98M13.57M15.17M81.28M71.67M67.08M55.88M44.74M45.60M44.03M37.45M27.25M20.57M16.00M32.97M29.73M131.58M155.00M144.77M140.94M128.80M446.59M475.49M
Cash7.02M3.08M2.43M3.76M3.18M8.44M2.14M9.64M5.10M12.56M19.48M14.49M8.39M1.61M6.58M5.97M4.49M4.97M5.10M9.52M16.39M40.95M26.45M17.99M24.35M44.39M36.50M
Total Debt46.00K32.00K10.00K137.00K974.00K648.00K449.00K240.00K19.00K-11.64M---293.00K149.00K-2.99M-2.36M42.13M36.55M34.23M29.78M123.47M287.06M296.92M
Net Debt-6.97M-3.05M-2.42M-3.62M-2.21M-7.79M-1.69M-9.40M-5.08M-12.56M-7.84M-14.49M-8.39M-1.61M-6.29M-5.83M-4.49M-1.98M-5.10M-7.15M25.73M-4.40M7.78M11.79M99.12M242.67M260.42M

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.63M-3.90M-3.19M-3.68M-235.00K1.62M-4.08M-1.07M604.00K-4.89M-6.87M-3.60M-6.60M-9.14M-1.14M-301.00K-6.90M-2.48M3.92M-1.70M-7.27M8.85M-5.39M1.25M4.40M-3.35M30.46M
Investing Cash Flow-6.22M-24.00K2.48M-1.42M-1.95M1.77M-2.76M-55.96M284.00K15.38M2.15M10.32M-3.20M2.60M6.05M-580.00K3.50M-529.00K-17.73M6.60M-65.48M-3.30M-3.03M-6.33M1.53M-170.60M-39.75M
Financing Cash Flow13.74M-10.00K48.00K6.44M1.60M1.87M544.00K64.54M-5.43M-3.03M11.64M-11.73M3.59M-76.00K191.00K316.00K1.86M3.06M14.35M69.00K78.64M-3.95M16.21M-282.00K-3.71M115.72M151.00K
Capital Expenditure213.00K441.00K71.00K340.00K339.00K419.00K512.00K703.00K548.00K188.00K358.00K1.46M434.00K326.00K538.00K410.00K2.18M505.00K386.00K251.00K1.04M3.37M3.03M6.23M7.09M33.79M21.62M
Free Cash Flow-1.84M-4.34M-3.26M-4.02M-574.00K1.20M-4.60M-1.78M56.00K-5.08M-7.23M-5.05M-7.03M-9.46M-1.68M-711.00K-9.08M-2.99M3.53M-1.95M-8.31M5.47M-8.42M-4.98M-2.70M-37.13M8.84M
Dividends Paid---------------------04.11M03.38M90.30M0
FCF to OCF113.09%111.30%102.23%109.23%244.26%74.18%112.53%165.52%9.27%103.84%105.21%140.58%106.58%103.57%147.07%236.21%131.61%120.33%90.15%114.75%114.33%61.88%156.16%-398.80%-61.31%1110.16%29.03%
Dividend Paid to FCF---------------------0.00%-48.85%0.00%-125.56%-243.16%0.00%

Earnings

Report DateJun 30, 1999Sep 30, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002May 6, 2003Aug 4, 2003Nov 7, 2003Mar 5, 2004Apr 28, 2004Aug 4, 2004Nov 3, 2004Feb 16, 2005May 9, 2005Aug 2, 2005Nov 2, 2005Feb 16, 2006May 9, 2006Aug 8, 2006Nov 2, 2006Mar 2, 2007May 3, 2007Aug 2, 2007Nov 1, 2007Mar 4, 2008May 7, 2008Jul 31, 2008Nov 5, 2008Mar 6, 2009May 7, 2009Aug 4, 2009Nov 3, 2009Mar 11, 2010May 11, 2010Aug 11, 2010Nov 4, 2010Mar 10, 2011May 9, 2011Aug 10, 2011Oct 31, 2011Mar 2, 2012May 7, 2012Aug 7, 2012Nov 7, 2012Mar 7, 2013May 9, 2013Aug 7, 2013Nov 7, 2013Mar 7, 2014May 7, 2014Aug 7, 2014Nov 6, 2014Mar 6, 2015May 7, 2015Aug 3, 2015Nov 4, 2015Mar 2, 2016May 6, 2016Aug 4, 2016Nov 9, 2016Mar 3, 2017May 4, 2017Aug 3, 2017Nov 9, 2017Mar 2, 2018May 2, 2018Aug 8, 2018Nov 8, 2018Mar 6, 2019May 2, 2019Aug 1, 2019Nov 6, 2019Mar 12, 2020May 14, 2020Aug 6, 2020Nov 9, 2020Feb 25, 2021May 5, 2021Aug 5, 2021Nov 4, 2021Mar 9, 2022May 10, 2022Aug 8, 2022Nov 8, 2022Mar 9, 2023May 9, 2023Aug 8, 2023Nov 9, 2023Mar 12, 2024May 7, 2024Aug 22, 2024Nov 12, 2024Feb 10, 2025Jun 16, 2025Aug 11, 2025Nov 10, 2025Feb 9, 2026Jun 15, 2026Aug 10, 2026Nov 9, 2026
EPS Estimate------------------0.020.02-0.02-0.060.090.090.030.050.050.10--0.05-0.12-0.11--0.14-0.080.02--0.09-0.14-0.08--0.30-0.24-0.23--0.18-0.13-0.08--0.050.090.27--0.02-0.02-0.01---0.08-0.12--0.10-0.09-0.12-0.06--0.01-0.03--0.05-0.010.01--0.040.020.04--0.020.040.02-0.03-0.02-0.07-0.020.050.020.020.05-0.01-0.03-0.05-0.020.020.03-0.02-0.02-0.02-0.01-0.030.010.05-0.000.030.040.040.010.020.00
EPS Actual0.000.01-0.09-0.17-0.23-0.14-0.16-0.15-0.22-0.10-0.06-0.050.00-0.06-0.03-0.05-0.040.010.030.010.00-0.080.050.070.050.050.010.05-0.23-0.06-0.16-0.07-0.22-0.11-0.060.11-0.11-0.23-0.17-0.22-0.43-0.32-0.32-0.17-0.24-0.13-0.190.06-0.00-0.12-0.100.25-0.09-0.15-0.070.06-0.26-0.08-0.09-0.13-0.38-0.22-0.21-0.10-0.03-0.05-0.06-0.11-0.16-0.080.010.02-0.05-0.010.020.01-0.030.010.010.04-0.03-0.06-0.060.040.05-0.090.03-0.01-0.01-0.060.050.04-0.080.08-0.06-0.040.01-0.55-0.210.020.010.020.010.020.020.04-0.01-
Surprise-----------------150.00%50.00%--91.00%-33.33%-44.44%-22.22%66.67%0.00%-80.00%-50.00%--20.00%-33.33%35.55%-21.43%25.00%450.00%--155.56%-21.43%-175.00%--6.67%-33.33%26.09%-27.78%-46.15%175.00%--140.00%-211.11%-7.41%--650.00%-250.00%700.00%---12.50%-8.33%--120.00%-133.33%16.67%50.00%--500.00%-266.67%--60.00%200.00%100.00%-75.00%0.00%-75.00%-150.00%-75.00%100.00%7.00%-200.00%14.29%300.00%0.00%-548.50%50.00%-120.00%0.00%-100.00%200.00%300.00%-500.00%166.67%-200.00%-100.00%150.00%-4035.34%-600.00%100.00%-80.00%706.06%-66.67%-50.00%-50.00%227.87%-150.00%-
Timing-----------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap375.83M
Enterprise Value662.78M
Trailing P/E0.00
Forward P/E14.90
PEG Ratio0.76
Price / Sales0.83
Price / Book0.83
EPS-0.13
Book Value3.65
Revenue (TTM)450.45M
Gross Profit (TTM)251.10M
EBITDA86.05M
Profit Margin-4.16%
Operating Margin1.68%
Return on Equity-3.78%
Return on Assets1.99%
Shares Outstanding134.23M
Shares Float124.01M
Beta1.39
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 8.40
  • Strong Buy
    4
  • Buy
    3

Ownership Breakdown

Institutions
87.45%
Insiders
6.29%
Retail / Other
6.26%

Top Institutional Holders

  • BlackRock Inc
    9.97M7.43%
  • Private Capital Management, LLC
    7.46M5.56%
  • Disciplined Growth Investors Inc
    6.26M4.66%
  • Private Management Group Inc
    5.51M4.11%
  • 325 Capital LLC
    5.28M3.94%
  • Vanguard Capital Management, LLC
    5.11M3.81%
  • Royce & Associates, LP
    4.98M3.71%
  • Awm Investment Company Inc
    4.70M3.50%
  • Dimensional Fund Advisors, Inc.
    4.19M3.12%
  • CenterBook Partners LP
    4.11M3.06%
  • Samjo Management LLC
    3.99M2.97%
  • Pinnacle Associates Inc
    3.98M2.97%
  • Vanguard Portfolio Management, LLC
    3.67M2.74%
  • State Street Corp
    3.38M2.51%
  • Nuveen, LLC
    3.22M2.40%
  • Geode Capital Management, LLC
    3.06M2.28%
  • Wasatch Advisors LP
    2.61M1.94%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.62M2.70%
  • iShares Russell 2000 ETF
    3.31M2.46%
  • Vanguard Information Technology ETF
    3.09M2.30%