PWFL Stock Price, Powerfleet Inc Quote, Chart

Market Summary

USD5.47+0.02

Market Closed

0.37%

PWFL Stock Price

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PWFL RSI Chart

PWFL Valuation

Market Cap

587.2M

Price/Earnings (Trailing)

-32.26

Price/Sales (Trailing)

4.39

EV/EBITDA

90.04

Price/Free Cashflow

133.55

PWFL Price/Sales (Trailing)

PWFL Profitability

EBT Margin

-3.78%

Return on Equity

-31.58%

Return on Assets

-8.36%

Free Cashflow Yield

0.75%

PWFL Fundamentals

PWFL Revenue

Revenue (TTM)

133.7M

Rev. Growth (Yr)

4.64%

Rev. Growth (Qtr)

1.34%

PWFL Earnings

Earnings (TTM)

-18.2M

Earnings Growth (Yr)

-356.86%

Earnings Growth (Qtr)

-295.5%

Breaking Down PWFL Revenue

Last 7 days

5.2%

Last 30 days

35.1%

Last 90 days

78.8%

Trailing 12 Months

89.3%

How does PWFL drawdown profile look like?

PWFL Financial Health

Current Ratio

1.4

PWFL Investor Care

Shares Dilution (1Y)

197.47%

Diluted EPS (TTM)

-0.49

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	134.8M	132.3M	132.2M	133.7M
2022	130.4M	131.4M	136.5M	135.2M
2021	111.8M	119.6M	121.2M	126.2M
2020	99.1M	108.6M	119.3M	113.6M
2019	53.3M	54.8M	58.3M	81.9M
2018	44.0M	47.0M	50.0M	53.1M
2017	0	0	0	41.0M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Powerfleet Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 02, 2024	wilson david	sold (taxes)	-124,913	5.12	-24,397	chief financial officer
Apr 02, 2024	jacobs ian	acquired	-	-	4,351,350	-
Apr 02, 2024	jacobs ian	acquired	-	-	30,718	-
Apr 02, 2024	zeitunian james scott	sold (taxes)	-34,713	5.12	-6,780	chief technology officer
Apr 02, 2024	towe steven mark	sold (taxes)	-2,406,400	5.12	-470,000	chief executive officer
Apr 02, 2024	brodsky michael	sold (taxes)	-37,268	5.12	-7,279	-
Sep 09, 2023	towe steven mark	acquired	-	-	900,000	chief executive officer
Jul 28, 2023	brodsky michael	sold (taxes)	-25,542	2.74	-9,322	-
Jul 28, 2023	casey michael j	sold (taxes)	-25,542	2.74	-9,322	-
Jul 28, 2023	frumberg charles	sold (taxes)	-29,835	2.74	-10,889	-

Which funds bought or sold PWFL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	AWM Investment Company, Inc.	unchanged	-	6,561,070	18,248,000	2.39%
May 16, 2024	Ancora Advisors LLC	new	-	1,257,940	1,257,940	0.03%
May 16, 2024	JANE STREET GROUP, LLC	added	97.23	400,483	593,067	-%
May 16, 2024	COMERICA BANK	new	-	828	828	-%
May 15, 2024	MARSHALL WACE, LLP	new	-	648,762	648,762	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	84.13	103,242	158,304	-%
May 15, 2024	Diametric Capital, LP	new	-	312,256	312,256	0.17%
May 15, 2024	Brevan Howard Capital Management LP	new	-	325,590	325,590	-%
May 15, 2024	Tower Research Capital LLC (TRC)	sold off	-100	-4,172	-	-%
May 15, 2024	PRELUDE CAPITAL MANAGEMENT, LLC	new	-	113,715	113,715	0.01%

Are Funds Buying or Selling PWFL?

Are funds buying PWFL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PWFL

No. of Funds

Unveiling Powerfleet Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 06, 2024	private capital management, llc	28%	-	SC 13D
Feb 14, 2024	ameriprise financial inc	6.42%	2,387,976	SC 13G
Feb 14, 2024	awm investment company, inc.	9.2%	3,417,223	SC 13G
Feb 14, 2024	north run capital, lp	8.0%	2,966,132	SC 13G/A
Feb 05, 2024	private capital management, llc	15.92%	5,923,830	SC 13G/A
Jan 24, 2024	royce & associates lp	5.16%	1,918,702	SC 13G
Oct 12, 2023	private capital management, llc	15.63%	5,662,451	SC 13G/A
Apr 04, 2023	abry senior equity holdings v, llc	18.49%	8,204,984	SC 13D/A
Feb 27, 2023	private capital management, llc	10.01%	3,620,852	SC 13G/A
Feb 14, 2023	lynrock lake lp	9.97%	3,604,466	SC 13G/A

Recent SEC filings of Powerfleet Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 09, 2024	10-K	Annual Report
May 09, 2024	8-K	Current Report
May 07, 2024	3	Insider Trading
May 06, 2024	SC 13D	13D - Major Acquisition
Apr 30, 2024	8-K	Current Report
Apr 17, 2024	3	Insider Trading

Peers (Alternatives to Powerfleet Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.2B	57.2B	0.84%	-0.02%	14.52	3.41	7.66%	18.93%
ANET	100.2B	6.1B	23.38%	126.13%	43.8	16.49	25.22%	50.89%
HPQ	30.6B	53.1B	12.68%	1.50%	8.95	0.58	-11.04%	34.01%
HPE	23.2B	29.1B	4.87%	23.94%	11.47	0.8	2.24%	133.29%
LOGI	13.8B	4.3B	13.89%	41.09%	22.55	3.21	-5.30%	67.91%
JNPR	11.3B	5.3B	-5.04%	17.70%	50.26	2.11	-2.96%	-55.26%
MID-CAP
UI	8.8B	1.9B	37.99%	-15.28%	25.3	4.63	1.03%	-11.76%
BDC	3.8B	2.4B	13.60%	9.12%	21.17	1.58	-8.79%	-36.23%
LITE	3.1B	1.4B	9.65%	-2.83%	-8.78	2.19	-21.81%	-865.12%
SMALL-CAP
EXTR	1.5B	1.2B	4.94%	-36.59%	-239.63	1.24	-0.19%	-110.91%
AAOI	456.4M	205.3M	-2.09%	570.29%	-7.25	2.22	-8.19%	5.55%
ADTN	417.7M	1.1B	13.55%	-38.68%	-0.76	0.4	-12.01%	-1246.95%
ALOT	135.5M	148.1M	4.92%	16.09%	28.87	0.92	3.90%	76.40%
AIRG	56.5M	53.8M	-4.90%	-	-4.7	1.05	-28.06%	-33.67%
AKTS	34.5M	29.9M	-30.00%	-88.82%	-0.45	1.16	39.86%	-24.01%

Powerfleet Inc News

Latest updates

Powerfleet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.3%	34,652	34,195	32,050	32,839	33,114	34,288	34,594	33,161	34,423	29,246	33,548	28,991	29,427	27,602	25,765	30,799	35,146	16,884	16,274	13,611	11,491
Gross Profit	1.1%	17,310	17,115	16,033	16,618	16,361	17,181	16,230	14,399	15,403	14,265	16,045	14,470	15,185	14,923	14,043	14,866	16,645	7,630	7,071	7,018	6,124
Operating Expenses	6.0%	21,585	20,372	19,166	18,510	17,607	18,399	17,818	18,141	18,911	16,694	16,200	16,353	15,281	14,171	14,748	18,275	19,517	9,756	9,630	9,219	-
S&GA Expenses	8.4%	19,491	17,988	16,987	16,787	15,608	16,664	15,817	14,912	16,112	13,959	13,421	13,608	12,973	11,636	12,166	15,103	16,448	6,321	5,993	6,110	7,061
R&D Expenses	-12.1%	2,095	2,384	2,179	1,723	1,999	1,735	2,001	3,229	2,799	2,735	2,779	2,745	2,308	2,535	2,582	3,172	3,032	1,824	2,024	1,660	1,882
EBITDA Margin	-2.2%	0.05*	0.05*	0.06*	0.09*	0.02*	0.00*	-0.01*	-0.02*	-0.01*	0.02*	0.05*	0.05*	0.03*	-	-	-	-	-	-	-	-
Interest Expenses	1307.8%	1,860	-154	-173	383	-67.00	-331	1,493	326	345	372	373	384	834	817	789	145	1,317	10.00	-	-	-
Income Taxes	-141.6%	-109	262	39.00	397	189	770	40.00	-703	1,906	161	67.00	473	-144	529	460	193	75.00	-	-	-	-
Earnings Before Taxes	-13.4%	-3,870	-3,412	-2,932	5,163	-1,468	-1,529	-77.00	-3,630	-4,813	-3,188	-1,371	-1,314	-2,502	-55.00	-2,167	-3,248	-4,178	-2,099	-2,585	-2,194	-
EBT Margin	-88.4%	-0.04*	-0.02*	-0.01*	0.02*	-0.05*	-0.07*	-0.09*	-0.10*	-0.08*	-0.07*	-0.04*	-0.05*	-0.07*	-	-	-	-	-	-	-	-
Net Income	-295.5%	-14,530	-3,674	6.00	-3.00	-3,180	-2,300	1.00	1.00	-6,839	-3,345	-1.00	-2,983	-5,383	-590	-1.00	-15.00	-5,169	-2,099	-2,585	-2,194	-2,809
Net Income Margin	-162.6%	-0.14*	-0.05*	-0.04*	-0.04*	-0.04*	-0.07*	-0.08*	-0.08*	-0.10*	-0.10*	-0.07*	-0.08*	-0.05*	-	-	-	-	-	-	-	-
Free Cashflow	394.5%	4,629	-1,572	-415	1,755	2,471	986	-575	-2,125	-3,772	-4,450	2,419	784	3,555	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Assets	0.8%	218	216	217	223	217	220	223	226	230	228	233	232	220	214	217	216	223	63.00	58.00
Current Assets	-1.4%	82.00	83.00	83.00	88.00	81.00	84.00	85.00	85.00	88.00	89.00	93.00	90.00	65.00	69.00	69.00	67.00	71.00	37.00	33.00
Cash Equivalents	-1.4%	19.00	19.00	22.00	25.00	18.00	17.00	18.00	21.00	26.00	34.00	40.00	41.00	18.00	21.00	21.00	17.00	16.00	6.00	10.00
Inventory	7.3%	23.00	21.00	22.00	23.00	22.00	24.00	24.00	20.00	18.00	16.00	13.00	13.00	13.00	14.00	15.00	15.00	16.00	10.00	5.00
Net PPE	21.1%	12.00	10.00	10.00	10.00	9.00	9.00	8.00	9.00	9.00	9.00	9.00	8.00	9.00	7.00	7.00	7.00	8.00	2.00	2.00
Goodwill	0%	83.00	83.00	83.00	83.00	83.00	83.00	83.00	83.00	83.00	83.00	83.00	83.00	83.00	89.00	89.00	89.00	89.00	73.00	7.00
Liabilities	4.3%	80.00	77.00	73.00	76.00	77.00	79.00	80.00	83.00	85.00	77.00	78.00	77.00	88.00	84.00	87.00	89.00	91.00	36.00	26.00
Current Liabilities	20.4%	59.00	49.00	45.00	46.00	46.00	47.00	47.00	45.00	44.00	40.00	40.00	37.00	36.00	38.00	40.00	43.00	43.00	26.00	17.00
Short Term Borrowings	73.8%	21.00	12.00	11.00	9.00	10.00	9.00	8.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	4.00	4.00	3.00	-	-
Long Term Debt	-100.0%	-	10.00	10.00	11.00	11.00	12.00	13.00	16.00	18.00	19.00	20.00	21.00	23.00	23.00	24.00	25.00	27.00	-	-
LT Debt, Non Current	-100.0%	-	10.00	10.00	11.00	11.00	12.00	13.00	16.00	18.00	19.00	20.00	21.00	23.00	23.00	24.00	25.00	27.00	-	-
Shareholder's Equity	-28.2%	58.00	80.00	85.00	89.00	83.00	85.00	87.00	89.00	92.00	99.00	102	103	79.00	80.00	80.00	78.00	84.00	28.00	32.00
Retained Earnings	-2.1%	-146	-143	-139	-136	-141	-139	-137	-137	-134	-127	-124	-122	-121	-118	-118	-115	-112	-108	-101
Additional Paid-In Capital	-9.0%	213	234	234	234	234	234	234	233	234	234	234	234	206	206	206	202	202	142	139
Shares Outstanding	0.0%	37.00	37.00	36.00	36.00	36.00	36.00	35.00	35.00	36.00	36.00	36.00	36.00	31.00	-	-	-	-	-	-
Minority Interest	61.9%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.04	-0.04	-0.04	-0.01	-	-
Float	-	-	-	106	-	-	-	76.00	-	-	-	238	-	-	-	131	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	394.5%	4,629	-1,572	-415	1,755	2,471	986	-575	-2,125	-3,772	-4,450	2,419	784	3,555	878	1,658	2,757	-2,964	-2,023	-666	-1,616	-
Share Based Compensation	2.0%	1,123	1,101	852	832	1,187	1,070	1,629	457	1,296	928	1,095	1,357	1,064	1,028	1,012	1,155	2,062	548	601	583	-
Cashflow From Investing	-11.0%	-1,740	-1,568	-2,005	6,842	-1,837	-1,988	-1,403	-610	-864	-1,080	-857	-597	-1,252	-1,259	-332	-455	-65,172	-655	-865	1,208	-
Cashflow From Financing	-721.3%	-2,357	-287	312	-1,374	241	230	925	-1,678	-3,453	-2,349	-2,325	24,338	-6,275	-458	3,267	-480	78,759	-46.00	158	-226	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	232	26.00	46.00	19.00	226	-

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PWFL Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Sep. 30, 2023

Jun. 30, 2023

Mar. 31, 2023

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Jun. 30, 2023

Jun. 30, 2022

Sep. 30, 2023

Sep. 30, 2022

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Revenues:

Total revenues

$ 34,242

$ 32,092

$ 32,852

$ 34,555

$ 34,520

$ 33,288

$ 64,945

$ 67,808

$ 99,187

$ 102,364

$ 133,736

$ 135,912

$ 125,960

Cost of revenues:

Total cost of revenues

17,137

16,074

16,278

17,107

18,364

18,695

32,352

37,059

49,488

54,166

66,660

70,919

66,207

Gross profit

17,105

16,018

16,574

17,448

16,156

14,593

32,593

30,749

49,699

48,198

67,076

64,993

59,753

Operating expenses:

Selling, general and administrative expenses

17,777

17,198

16,941

16,545

15,597

15,577

34,139

31,174

51,917

47,720

71,253

63,492

56,496

Research and development expenses

2,426

2,221

1,723

1,865

2,001

2,737

3,944

4,738

6,369

6,603

8,380

8,472

11,429

Total operating expenses

20,203

19,419

18,664

18,410

17,598

18,314

38,083

35,912

58,286

54,323

79,633

71,964

67,925

Loss from operations

(3,098)

(3,401)

(2,090)

(962)

(1,442)

(3,721)

(5,490)

(5,163)

(8,587)

(6,125)

(12,557)

(6,971)

(8,172)

Interest income

23

22

24

20

15

13

46

28

69

48

103

71

45

Interest expense, net

(154)

(173)

(137)

(331)

1,493

100

(310)

1,593

(464)

1,262

(1,602)

994

(2,764)

Bargain purchase – Movingdots

283

7,234

9,034

Other (expense) income, net

(24)

3

(4)

20

94

3

114

(22)

109

(29)

24

8

Net loss before income taxes

(3,253)

(3,269)

5,034

(1,277)

86

(3,514)

1,766

(3,428)

(1,487)

(4,706)

(5,051)

(5,882)

(10,883)

Income tax expense

(295)

6

(392)

(323)

(492)

42

(386)

(450)

(681)

(773)

(589)

(870)

(1,888)

Net loss before non-controlling interest

(3,548)

(3,263)

4,642

(1,600)

(406)

(3,472)

1,380

(3,878)

(2,168)

(5,479)

(5,640)

(6,752)

(12,771)

Non-controlling interest

(6)

3

(1)

(3)

(2)

(3)

(35)

(2)

5

Net loss

(3,548)

(3,269)

4,645

(1,601)

(407)

(3,473)

1,377

(3,880)

(2,171)

(5,482)

(5,675)

(6,754)

(12,766)

Accretion of preferred stock

(1,834)

(1,772)

(1,655)

(1,521)

(1,432)

(1,351)

(3,427)

(2,783)

(5,261)

(4,305)

(7,139)

(5,906)

(5,190)

Preferred stock dividends

(1,128)

(1,129)

(1,107)

(1,067)

(1,048)

(1,028)

(2,236)

(2,076)

(3,364)

(3,143)

(4,493)

(4,231)

(4,112)

Net loss attributable to common stockholders

$ (6,510)

$ (6,170)

$ 1,883

$ (4,189)

$ (2,887)

$ (5,852)

$ (4,286)

$ (8,739)

$ (10,796)

$ (12,930)

$ (17,307)

$ (16,891)

$ (22,068)

Net loss per share attributable to common stockholders - basic

$ (0.18)

$ (0.17)

$ 0.04

$ (0.12)

$ (0.08)

$ (0.17)

$ (0.12)

$ (0.25)

$ (0.30)

$ (0.37)

$ (0.49)

$ (0.48)

$ (0.64)

Net loss per share attributable to common stockholders - diluted

$ (0.18)

$ (0.17)

$ 0.04

$ (0.12)

$ (0.08)

$ (0.17)

$ (0.12)

$ (0.25)

$ (0.30)

$ (0.37)

$ (0.49)

$ (0.48)

$ (0.64)

Weighted average common shares outstanding - basic

35,653

35,605

35,548

35,406

35,386

35,332

35,577

35,359

35,602

35,375

35,628

35,393

34,571

Weighted average common shares outstanding - diluted

35,653

35,605

35,628

35,406

35,386

35,332

35,577

35,359

35,602

35,375

35,628

35,393

34,571

Previously Reported [Member]

Revenues:

Total revenues

$ 34,195

$ 32,050

$ 32,839

$ 34,288

$ 34,594

$ 33,161

$ 64,889

$ 67,755

$ 99,084

$ 102,043

$ 135,157

$ 126,208

Cost of revenues:

Total cost of revenues

17,080

16,017

16,221

17,107

18,364

18,762

32,238

37,126

49,317

54,233

70,986

66,025

Gross profit

17,115

16,033

16,618

17,181

16,230

14,399

32,651

30,629

49,767

47,810

64,171

60,183

Operating expenses:

Selling, general and administrative expenses

17,988

16,987

16,787

16,664

15,817

14,912

33,774

30,729

51,763

47,393

63,001

57,100

Research and development expenses

2,384

2,179

1,723

1,735

2,001

3,229

3,902

5,230

6,285

6,965

8,964

11,058

Total operating expenses

20,372

19,166

18,510

18,399

17,818

18,141

37,676

35,959

58,048

54,358

71,965

68,158

Loss from operations

(3,257)

(3,133)

(1,892)

(1,218)

(1,588)

(3,742)

(5,025)

(5,330)

(8,281)

(6,548)

(7,794)

(7,975)

Interest income

23

22

24

20

15

13

46

28

69

48

71

45

Interest expense, net

(154)

(173)

(137)

(331)

1,493

100

(310)

1,593

(464)

1,262

994

(2,764)

Bargain purchase – Movingdots

283

7,234

Other (expense) income, net

(24)

69

(66)

3

(1)

3

2

(22)

1

24

8

Net loss before income taxes

(3,412)

(2,932)

5,163

(1,529)

(77)

(3,630)

2,231

(3,707)

(1,181)

(5,237)

(6,705)

(10,686)

Income tax expense

(262)

(39)

(397)

(770)

(40)

703

(436)

663

(698)

(107)

(296)

(2,607)

Net loss before non-controlling interest

(3,674)

(2,971)

4,766

(2,299)

(117)

(2,927)

1,795

(3,044)

(1,879)

(5,344)

(7,001)

(13,293)

Non-controlling interest

(6)

3

(1)

(3)

(2)

(3)

(2)

5

Net loss

(3,674)

(2,977)

4,769

(2,300)

(118)

(2,928)

1,792

(3,046)

(1,882)

(5,347)

(7,003)

(13,288)

Accretion of preferred stock

(167)

(168)

(336)

(503)

(504)

(671)

(672)

Preferred stock dividends

(1,128)

(1,129)

(1,107)

(1,067)

(1,048)

(1,028)

(2,236)

(2,076)

(3,364)

(3,143)

(4,231)

(4,112)

Net loss attributable to common stockholders

$ (4,969)

$ (4,274)

$ 3,494

$ (3,535)

$ (1,334)

$ (4,124)

$ (780)

$ (5,458)

$ (5,749)

$ (8,994)

$ (11,905)

$ (18,072)

Net loss per share attributable to common stockholders - basic

$ (0.14)

$ (0.12)

$ 0.11

$ (0.10)

$ (0.04)

$ (0.12)

$ 0.01

$ (0.15)

$ (0.16)

$ (0.25)

$ (0.34)

$ (0.52)

Net loss per share attributable to common stockholders - diluted

$ (0.14)

$ (0.12)

$ 0.11

$ (0.10)

$ (0.04)

$ (0.12)

$ 0.01

$ (0.15)

$ (0.16)

$ (0.25)

$ (0.34)

$ (0.52)

Weighted average common shares outstanding - basic

35,653

35,605

35,548

35,406

35,386

35,332

35,577

35,359

35,602

35,375

35,393

34,571

Weighted average common shares outstanding - diluted

35,653

35,605

35,628

35,406

35,386

35,332

35,670

35,359

35,602

35,375

35,393

34,571

Redemption Premium Adjustment [Member]

Revenues:

Total revenues

Cost of revenues:

Total cost of revenues

Gross profit

Operating expenses:

Selling, general and administrative expenses

Research and development expenses

Total operating expenses

Loss from operations

Interest income

Interest expense, net

Bargain purchase – Movingdots

Other (expense) income, net

Net loss before income taxes

Income tax expense

Net loss before non-controlling interest

Non-controlling interest

Net loss

Accretion of preferred stock

(1,667)

(1,604)

(1,487)

(1,353)

(1,264)

(1,183)

(3,091)

(2,447)

(4,758)

3,801

(5,235)

(4,518)

Preferred stock dividends

Net loss attributable to common stockholders

$ (1,667)

$ (1,604)

$ (1,487)

$ (1,353)

$ (1,264)

$ (1,183)

$ (3,091)

$ (2,447)

$ (4,758)

$ (3,801)

$ (5,235)

$ (4,518)

Net loss per share attributable to common stockholders - basic

$ (0.05)

$ (0.06)

$ (0.04)

$ (0.03)

$ (0.12)

$ (0.13)

$ (0.11)

$ (0.15)

$ (0.13)

Net loss per share attributable to common stockholders - diluted

$ (0.05)

$ (0.06)

$ (0.04)

$ (0.03)

$ (0.12)

$ (0.13)

$ (0.11)

$ (0.15)

$ (0.13)

Weighted average common shares outstanding - basic

35,653

35,605

35,548

35,406

35,386

35,332

35,577

35,359

35,602

35,375

35,393

34,571

Weighted average common shares outstanding - diluted

35,653

35,605

35,628

35,406

35,386

35,332

35,577

35,359

35,602

35,375

35,393

34,571

Revision of Prior Period, Reclassification, Adjustment [Member]

Revenues:

Total revenues

$ 4

$ 42

$ 13

$ 267

$ (74)

$ 127

$ 56

$ 53

$ 103

$ 321

$ 755

$ (248)

Cost of revenues:

Total cost of revenues

57

(67)

114

(67)

171

(67)

182

Gross profit

(10)

(15)

(44)

267

(74)

194

(58)

120

(68)

388

822

(430)

Operating expenses:

Selling, general and administrative expenses

(211)

211

154

(119)

(220)

665

365

445

154

327

491

(604)

Research and development expenses

42

130

(492)

42

(492)

84

(362)

(492)

371

Total operating expenses

(169)

253

154

11

(220)

173

407

(47)

238

(35)

(1)

(233)

Loss from operations

159

(268)

(198)

256

146

21

(465)

167

(306)

423

823

(197)

Interest income

Interest expense, net

Bargain purchase – Movingdots

Other (expense) income, net

(69)

69

(4)

17

95

112

108

Net loss before income taxes

159

(337)

(129)

252

163

116

(465)

279

(306)

531

823

(197)

Income tax expense

(33)

45

5

447

(452)

(661)

50

(1,113)

17

(666)

(574)

719

Net loss before non-controlling interest

126

(292)

(124)

699

(289)

(545)

(415)

(834)

(289)

(135)

249

522

Non-controlling interest

Net loss

126

(292)

(124)

699

(289)

(545)

(415)

(834)

(289)

(135)

249

522

Accretion of preferred stock

Preferred stock dividends

Net loss attributable to common stockholders

$ 126

$ (292)

$ (124)

$ 699

$ (289)

$ (545)

$ (415)

$ (834)

$ (289)

$ (135)

$ 249

$ 522

Net loss per share attributable to common stockholders - basic

$ 0.00

$ (0.01)

$ (0.04)

$ (0.01)

$ (0.02)

$ (0.01)

$ (0.07)

$ (0.01)

$ (0.00)

$ 0.01

$ 0.02

Net loss per share attributable to common stockholders - diluted

$ 0.00

$ (0.01)

$ (0.04)

$ (0.01)

$ (0.02)

$ (0.01)

$ (0.07)

$ (0.01)

$ (0.00)

$ 0.01

$ 0.02

Weighted average common shares outstanding - basic

35,653

35,605

35,548

35,406

35,386

35,332

35,577

35,359

35,602

35,375

35,393

34,571

Weighted average common shares outstanding - diluted

35,653

35,605

35,628

35,406

35,386

35,332

35,577

35,359

35,602

35,375

35,393

34,571

Product [Member]

Revenues:

Total revenues

$ 13,232

$ 11,084

$ 12,508

$ 14,440

$ 14,589

$ 14,519

$ 23,593

$ 29,108

$ 36,825

$ 43,549

$ 49,741

$ 56,945

$ 52,902

Cost of revenues:

Total cost of revenues

8,843

8,550

9,002

9,780

11,336

11,911

17,552

23,247

26,394

33,026

36,404

42,569

39,627

Product [Member] | Previously Reported [Member]

Revenues:

Total revenues

13,147

11,012

12,404

14,021

14,818

14,392

23,416

29,210

36,563

43,231

56,313

52,981

Cost of revenues:

Total cost of revenues

8,843

8,550

9,002

9,839

11,336

11,978

17,552

23,314

26,394

33,152

42,636

39,445

Product [Member] | Redemption Premium Adjustment [Member]

PWFL Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 19,022	$ 19,297	$ 21,729	$ 24,780	$ 17,680	$ 16,703	$ 17,703	$ 20,559	$ 26,452	$ 18,127
Restricted cash	310	310	309	309	309	309	309	308	308	308
Accounts receivable, net of allowance for credit losses of $2,567 and $2,797 in 2022 and 2023, respectively	32,440	33,794	31,279	31,587	32,647	33,391	33,488	31,916
Inventory, net	22,602	21,055	22,125	22,649	22,272	23,572	23,540	20,313
Deferred costs – current	83	191	338	523	762	1,025	1,315	1,416
Prepaid expenses and other current assets	7,568	8,721	7,298	7,959	7,536	8,790	8,942	10,716
Total current assets	82,025	83,368	83,078	87,807	81,206	83,790	85,297	85,228
Fixed assets, net	12,383	10,103	10,161	9,941	9,249	8,994	8,333	8,532
Goodwill	83,487	83,487	83,487	83,487	83,487	83,487	83,487	83,487
Intangible assets, net	20,075	21,021	21,780	22,283	22,908	23,312	24,022	24,848
Right of use asset	6,195	6,490	6,936	7,332	7,820	7,999	8,463	9,597
Severance payable fund	3,802	3,427	3,566	3,684	3,760	3,614	3,610	4,282
Deferred tax asset	2,863	2,012	2,039	2,593	3,308	3,740	3,947	4,977
Other assets	6,916	6,881	6,756	6,642	6,318	5,270	5,022	4,869
Total assets	217,746	216,789	217,803	223,769	218,056	220,206	222,181	226,044
Current liabilities:
Short-term bank debt and current maturities of long-term debt	21,091	12,137	11,197	9,359	10,312	9,366	7,794	6,006
Accounts payable and accrued expenses	30,296	26,453	23,389	26,236	25,397	27,704	28,236	27,963
Deferred revenue – current	5,666	6,138	6,230	6,360	6,376	6,523	7,331	7,265
Lease liability – current	1,503	2,286	2,448	2,481	2,441	2,464	2,494	2,718
Total current liabilities	58,556	47,014	43,264	44,436	44,526	46,057	45,855	43,952
Long-term debt – less current maturities		9,617	9,940	10,638	11,403	11,914	13,408	16,258
Deferred revenue – less current portion	4,956	4,927	4,708	4,487	4,431	4,208	4,139	4,466
Lease liability – less current portion	4,908	4,415	4,715	5,065	5,628	5,793	6,237	7,128
Accrued severance payable	4,533	4,142	4,284	4,396	4,365	4,148	4,118	4,857
Deferred tax liability	4,450	4,262	3,976	4,584	4,901	5,173	5,081	5,291
Other long-term liabilities	2,422	2,305	2,239	2,069	1,788	1,754	1,644	1,552
Total liabilities	79,825	76,682	73,126	75,675	77,042	79,047	80,482	83,504
Commitments and Contingencies (note 19)
Convertible redeemable preferred stock: Series A – 100 shares authorized, $0.01 par value; 59 and 60 shares issued and outstanding at December 31, 2022 and December 31, 2023, respectively, at redemption value of $90,273 at December 31, 2023	80,277	78,400	76,565	74,792	72,031	69,341	66,752	64,273	61,894	56,703
STOCKHOLDERS’ EQUITY
Preferred stock; authorized 50,000 shares, $0.01 par value;
Common stock; authorized 75,000 shares, $0.01 par value; 37,605 and 38,716 shares issued at December 31, 2022 and December 31, 2023, respectively; shares outstanding, 36,170 and 37,229 at December 31, 2022 and December 31, 2023, respectively	387	387	377	376	376	376	375	376
Additional paid-in capital	212,703	214,587	216,458	218,473	219,055	220,558	222,078	223,245
Accumulated deficit	(146,281)	(142,778)	(139,230)	(135,961)	(140,806)	(139,534)	(137,932)	(137,525)
Accumulated other comprehensive loss	(616)	(1,904)	(998)	(1,098)	(1,210)	(1,158)	(1,174)	549	391	399
Treasury stock; 1,435 and 1,487 common shares at cost at December 31, 2022 and December 31, 2023, respectively	(8,651)	(8,648)	(8,558)	(8,554)	(8,510)	(8,492)	(8,485)	(8,480)
Total Powerfleet, Inc. stockholders’ equity	57,542	61,644	68,049	73,236	68,905	71,750	74,862	78,165
Non-controlling interest	102	63	63	66	78	68	85	102
Total equity	57,644	61,707	68,112	73,302	68,983	71,818	74,947	78,267	$ 83,351	$ 74,438
Total liabilities, convertible redeemable preferred stock, and stockholders’ equity	$ 217,746	$ 216,789	$ 217,803	$ 223,769	$ 218,056	$ 220,206	$ 222,181	$ 226,044

About Powerfleet Inc

PowerFleet, Inc. provides wireless Internet-of-Things (IoT) asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in manufacturing, automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, homeland security, aerospace and defense, and vehicle rental, logistics, shipping, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

CEO	Mr. Steve Towe
WEBSITE	powerfleet.com
INDUSTRY	Computer Hardware
EMPLOYEES	795

Powerfleet Inc Frequently Asked Questions

What is the ticker symbol for Powerfleet Inc? What does PWFL stand for in stocks?

PWFL is the stock ticker symbol of Powerfleet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Powerfleet Inc (PWFL)?

As of Fri May 17 2024, market cap of Powerfleet Inc is 587.2 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PWFL stock?

You can check PWFL's fair value in chart for subscribers.

What is the fair value of PWFL stock?

You can check PWFL's fair value in chart for subscribers. The fair value of Powerfleet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Powerfleet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PWFL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Powerfleet Inc a good stock to buy?

The fair value guage provides a quick view whether PWFL is over valued or under valued. Whether Powerfleet Inc is cheap or expensive depends on the assumptions which impact Powerfleet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PWFL.

What is Powerfleet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PWFL's PE ratio (Price to Earnings) is -32.26 and Price to Sales (PS) ratio is 4.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PWFL PE ratio will change depending on the future growth rate expectations of investors.