KORE · As filed with the SEC
KORE Group Holdings income statement, by fiscal year
The statement as KORE Group Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations and Comprehensive Loss · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | 285,945 | 286,087 | 276,610 | 268,447 | 248,435 |
| Products | 58,667 | 51,840 | 63,965 | 79,462 | 60,255 |
| Services | 227,278 | 234,247 | 212,645 | 188,985 | 188,180 |
| Cost of revenue | |||||
| Total cost of revenue (exclusive of depreciation and amortization shown separately below) | 128,012 | 126,161 | 128,563 | 129,154 | 121,360 |
| Services | 90,262 | 93,663 | 82,547 | 67,268 | 69,385 |
| Products | 37,750 | 32,498 | 46,016 | 61,886 | 51,975 |
| Operating expenses | |||||
| Selling, general, and administrative expenses | — | — | — | 112,220 | 92,303 |
| Nonrelated Party | 115,531 | 140,016 | 129,816 | — | — |
| Affiliates of the Company | 0 | 624 | 372 | — | — |
| Depreciation and amortization | 54,891 | 56,218 | 58,363 | 54,499 | 50,331 |
| Goodwill impairment | 0 | 65,861 | 78,257 | 58,074 | 0 |
| Total operating expenses | 170,422 | 262,719 | 266,808 | 224,793 | 142,634 |
| Operating loss | (12,489) | (102,793) | (118,761) | (85,500) | (15,559) |
| Other expense (income) | |||||
| Interest expense, including amortization of deferred financing costs | — | — | — | 31,371 | 23,260 |
| Nonrelated Party | — | — | 40,625 | — | — |
| Affiliates of the Company | — | — | 2,607 | — | — |
| Nonrelated Party | 28,133 | 31,248 | — | — | — |
| Affiliates of the Company | 25,244 | 21,268 | — | — | — |
| Interest income | (649) | (1,120) | (552) | — | — |
| Change in fair value of warrant liabilities to affiliates | 2,405 | (4,040) | — | (254) | (5,267) |
| Affiliates of the Company | — | — | 6,436 | — | — |
| Loss on extinguishment of debt | — | 0 | 2,584 | — | — |
| Other expense, net | — | 1,864 | 739 | — | — |
| Loss on sale of assets | 1,115 | — | — | — | — |
| Other (income) expense, net | (4,182) | — | — | — | — |
| Loss before income taxes | (64,555) | (152,013) | (171,200) | (116,617) | (33,552) |
| Income tax benefit | (1,579) | (5,937) | (4,158) | (10,417) | (8,776) |
| Net loss | (62,976) | (146,076) | (167,042) | (106,200) | (24,776) |
| Loss per share: | |||||
| Basic (in dollars per share) | (3.19) | (7.59) | (1.99) | (1.40) | (1.04) |
| Diluted (in dollars per share) | (3.19) | (7.59) | (1.99) | (1.40) | (1.04) |
| Weighted average shares outstanding: | |||||
| Basic (in shares) | 19,715,898 | 19,246,799 | 83,808,227 | 75,710,904 | 41,933,050 |
| Diluted (in shares) | 19,715,898 | 19,246,799 | 83,808,227 | 75,710,904 | 41,933,050 |
| Comprehensive loss | |||||
| Net loss | (62,976) | (146,076) | (167,042) | — | — |
| Other comprehensive loss: | |||||
| Foreign currency translation adjustment | (3,105) | 2,292 | 320 | — | — |
| Comprehensive loss | (66,081) | (143,784) | (166,722) | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.