Powerfleet, Inc.
Financial highlights
| Metric | FY 03/31/25 | FY 03/31/24 | FY 12/31/23 | FY 09/30/23 | FY 06/30/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $362.5M | — | $133.7M | — | — |
| Cost of revenue | $168.0M | — | $66.7M | — | — |
| Gross profit | $194.5M | — | $67.1M | — | — |
| Selling, general & administrative | $204.4M | — | $71.3M | — | — |
| Research and development | $16.1M | — | $8.4M | — | — |
| Operating expenses | $220.4M | — | $79.6M | — | — |
| Operating income | -$25.9M | — | -$12.6M | — | — |
| Interest expense | $20.3M | — | $1.6M | — | — |
| Pretax income | -$46.5M | — | -$5.1M | — | — |
| Income tax expense | $4.5M | — | $589,000 | — | — |
| Net income | -$51.0M | — | -$5.7M | — | — |
| Balance Sheet | |||||
| Cash and equivalents | $44.4M | $24.4M | $19.0M | $19.3M | $21.7M |
| Current assets | $169.1M | $169.8M | $82.0M | $83.4M | $83.1M |
| Total assets | $910.1M | $308.7M | $217.7M | $216.8M | $217.8M |
| Current liabilities | $151.0M | $43.6M | $58.6M | $47.0M | $43.3M |
| Total liabilities | $463.3M | $179.8M | $79.8M | $76.7M | $73.1M |
| Stockholders' equity | $446.6M | $38.5M | $57.5M | $61.6M | $68.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$3.3M | — | $4.4M | — | — |
| Depreciation and amortization | $47.5M | — | $9.4M | — | — |
| Stock-based compensation | $9.4M | — | $3.9M | — | — |
| Capital expenditure | $20.0M | — | $3.5M | — | — |
| Free cash flow | -$23.4M | — | $933,000 | — | — |
| Share repurchases | $2.8M | — | $141,000 | — | — |
Shares outstanding 134.1M · Free float 87.5%
Annual filing data through FY ended March 31, 2025; float as of July 4, 2026.