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PowerFleet, Inc. AIOT R2K

Technology · Software - Infrastructure · United States
https://www.powerfleet.com

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. Its unity solution portfolio 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. The company offers its products under the Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete brands. It 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.

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$3.91
-14.07% 1Y

Market & Price

Market Cap
$524.52M
Current Price
$3.91
High / Low (52W)
$5.65 / $2.79
Beta
1.38

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
20.31
PEG Ratio
0.80
Book Value
$3.64
Price to Book
1.08
P/S
1.21
EV/EBITDA
9.60
Dividend Yield
-

Profitability & Returns

ROCE
-3.44%
ROE
-6.43%
ROA
1.67%
Profit Margin
-7.00%
Op Margin
7.64%
EPS (Latest Qtr)
$-0.03
EPS (TTM)
$-0.23

Balance Sheet & Liquidity

Debt/Equity
0.60
Quick Ratio
0.86
Current Ratio
1.09
Debt
$289.97M
Total Assets
$910.07M
Current Assets
$169.08M
Working Capital
$18.07M

Ownership

Promoter Holding
7.06%
Chg in Prom Hold
-
FII / Inst Holding
91.75%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$780.77M
Total Revenue (TTM)
$432.92M
EBITDA
$81.32M
Free Cash Flow
$36.30M
Operating Cash Flow
$33.99M
Shares Outstanding
134.15M
Gross Margin
54.63%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
42.24%
Profit 5Y
-99.80%
Revenue (YoY)
6.60%
Earnings (YoY)
-

PROS

  • Compounding revenue at 42.2% over 5 years.
  • Generates positive free cash flow.

CONS

  • Earnings shrank at -99.8% CAGR over 5 years.
  • Trading 30.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AIOT PowerFleet, Inc. R2K 3.91 - $524.52M - -3.44% -6.43% 42.24% -99.80%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue 13.38M14.81M13.38M11.49M13.61M16.27M16.88M35.15M30.80M25.77M27.60M28.99M33.55M29.25M33.29M34.52M34.55M32.85M32.09M34.24M34.55M33.74M75.43M-106.43M103.64M104.12M111.68M113.49M
Cost of Revenue ------------------------47.65M48.88M47.64M49.09M50.80M
Gross Profit 6.46M6.42M6.80M6.12M7.02M7.07M7.63M16.64M14.87M14.04M14.92M14.47M16.05M14.27M14.59M16.16M17.45M16.57M16.02M17.11M17.38M16.20M39.65M-58.78M54.76M56.48M62.59M62.69M
Operating Expenses ------------------------60.03M61.74M58.52M58.34M56.34M
Operating Income ---820.00K--2.20M-2.56M-2.13M--3.41M-705.00K752.00K-1.88M-155.00K-2.43M-3.72M-1.44M-962.00K-2.09M-3.40M-3.10M-3.97M-7.65M-18.23M--1.24M-6.98M-2.04M4.24M6.35M
EBITDA -------------------------547.00K33.25M12.95M19.75M22.34M
Interest Expense ------------------------7.94M5.66M6.79M6.98M6.84M
Pretax Income -------------------------10.84M-12.74M-9.87M-3.02M-373.00K
Tax Provision ------------------------3.51M-304.00K362.00K1.27M2.99M
Net Income -990.00K-1.12M-897.00K-2.81M-2.19M-2.58M-2.10M--3.43M-2.63M-590.00K-1.79M-1.44M-3.35M-3.47M-407.00K-1.60M4.64M-3.27M-3.55M-3.50M-8.52M-22.34M--14.35M-12.44M-10.23M-4.29M-3.36M
Diluted EPS ---------------0.17-0.08-0.120.04-0.17-0.18-0.18-0.55-0.21--0.11-0.09-0.08-0.03-0.03
R&D Expense 1.74M1.54M1.70M1.88M1.66M2.02M1.82M3.03M3.17M2.58M2.54M2.75M2.78M2.73M2.74M2.00M1.86M1.72M2.22M2.43M2.01M2.02M3.10M3.44M4.62M-4.86M4.19M4.57M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Mar 2025
Revenue 40.96M53.06M81.92M113.59M125.96M135.91M133.74M362.51M
Cost of Revenue ----66.21M70.92M66.66M167.98M
Gross Profit 20.93M25.80M38.36M59.02M59.75M64.99M67.08M194.54M
Operating Expenses ----67.92M71.96M79.63M220.42M
Operating Income -4.09M-5.74M-9.76M-3.46M-8.17M-6.97M-12.56M-25.89M
EBITDA ----434.00K1.29M6.00M21.37M
Interest Expense ----2.76M-1.60M20.33M
Pretax Income -----10.88M-5.88M-5.05M-46.45M
Tax Provision ----1.89M870.00K589.00K4.52M
Net Income ---10.96M-9.01M-12.77M-6.75M-5.67M-50.99M
Diluted EPS -----0.52-0.34-0.49-0.43
R&D Expense 4.54M6.86M8.54M10.60M11.43M8.47M8.38M16.06M

Compounded Sales Growth

5 Years:42.24%
1 Year:6.60%

Compounded Profit Growth

5 Years:-99.80%
1 Year:-

Stock Price Performance

1 Year:-14.07%
6 Months:-16.81%
3 Months:+9.52%
1 Month:+28.20%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Mar 2025
Total Assets --57.80M223.03M219.56M-226.04M222.18M220.21M218.06M223.77M217.80M216.79M218.09M308.68M910.07M
Current Assets ---------81.21M---82.03M169.79M169.08M
Cash & Equivalents 4.97M5.10M10.16M16.39M18.13M-20.56M17.70M16.70M17.68M24.78M21.73M19.30M19.02M24.35M44.39M
Inventory ---------22.27M---22.60M21.66M18.35M
Receivables ---------32.65M---32.44M30.33M78.62M
Total Liabilities --26.27M91.46M88.28M-83.50M80.48M79.05M77.04M75.67M73.13M76.68M80.17M179.77M463.33M
Current Liabilities --16.88M43.40M35.90M-43.95M45.85M46.06M44.53M44.44M43.26M47.01M58.56M43.59M151.01M
Long Term Debt ---26.52M23.18M18.11M16.26M13.41M11.91M11.40M10.64M9.94M9.62M-113.81M232.16M
Total Debt ---------29.78M---27.50M123.47M287.06M
Total Equity --31.53M84.19M79.21M-78.17M74.86M71.75M140.94M73.24M68.05M61.64M137.82M128.80M446.59M
Shares Outstanding ---------37.60M---38.72M38.71M135.38M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Mar 2025
Operating Cash Flow 3.92M-1.70M-7.27M8.85M-5.39M1.25M4.40M-3.35M
Investing Cash Flow -17.73M6.60M-65.48M-3.30M-3.03M-6.33M1.53M-170.60M
Financing Cash Flow 14.35M69.00K78.64M-3.95M16.21M-282.00K-3.71M115.72M
Capital Expenditure -----3.03M-6.23M-7.09M-33.79M
Free Cash Flow -----8.42M-4.98M-2.70M-37.13M
Net Change in Cash ----7.79M-5.36M2.22M-58.22M
Share Buybacks -652.00K317.00K--211.00K141.00K2.84M

Ratios (Annual)

Figures in %.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Mar 2025
Gross Margin % 51.1%48.6%46.8%52.0%47.4%47.8%50.2%53.7%
Operating Margin % -10.0%-10.8%-11.9%-3.0%-6.5%-5.1%-9.4%-7.1%
Net Margin % ---13.4%-7.9%-10.1%-5.0%-4.2%-14.1%
ROE % ---13.0%-11.4%--4.8%-4.1%-11.4%
ROCE % --14.0%-5.4%-1.9%--4.0%-7.9%-3.4%

Shareholding Pattern

Insiders
7.06%
Institutions
91.75%
Public Float
98.71%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.43% 9.97M $38.97M
2 Private Capital Management, LLC 5.57% 7.48M $29.23M
3 Disciplined Growth Investors, Inc. 5.45% 7.32M $28.61M
4 Private Management Group, Inc. 4.11% 5.51M $21.55M
5 Vanguard Capital Management LLC 3.81% 5.11M $19.98M
6 Royce & Associates LP 3.71% 4.98M $19.48M
7 AWM Investment Company, Inc. 3.50% 4.70M $18.38M
8 Dimensional Fund Advisors LP 3.08% 4.13M $16.15M
9 Samjo Management, LLC 2.98% 3.99M $15.61M
10 325 Capital Llc 2.86% 3.84M $15.00M

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