KORE, KORGW · CIK 0001855457 · operating
KORE Group Holdings, Inc. provides Internet of Things connectivity and services to enterprises across multiple industries. The company operates as a managed service provider for IoT deployments, offering connectivity-as-a-service, device management, and security software solutions. Its product portfolio includes SIM cards, IoT devices, and platform services designed to support the development and operational needs of connected device ecosystems. The company serves customers in healthcare, fleet and vehicle management, asset tracking, communications services, and industrial manufacturing sectors.
The company's revenue streams center on IoT connectivity services, device solutions, and managed professional services. KORE generates revenue both from recurring connectivity subscriptions and from one-time device sales and implementation services. The business model emphasizes connectivity enablement and ongoing device management rather than hardware manufacturing alone.
Headquartered in Atlanta, Georgia, KORE Group operates across the United States and internationally. The company maintains a workforce of approximately 539 full-time employees and operates on the New York Stock Exchange.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-7.59 | $-7.59 | -281.4% | |
| 2023 | $-1.99 | $-1.99 | -42.1% | |
| 2022 | $-1.40 | $-1.40 | -35.9% | |
| 2021 | $-1.03 | $-1.03 | — |