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KORE Group Holdings KORE Occupancy and equipment

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Segments

By segment

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Reportable Segment$1.27M-31.2%

Other financials

Income statement

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Revenue$65.8M-8.8%
Gross profit$39.1M0.0%
Operating income-$4.1M-67.2%
Net income-$28.5M-90.9%
EPS (diluted)-$1.43-85.7%

Balance sheet

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Cash & equivalents$28.9M+47.2%
Total debt$298.7M-2.7%
Total equity-$191.5M-66.7%
Total assets$396.1M-11.0%

Cash flow

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Operating cash flow$4.7M+65.6%
CapEx$156.0K+60.8%
Free cash flow$4.6M+65.8%

Valuation

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Market cap$162.65M+303%
Enterprise value$432.45M+33.5%
P/S0.6×+0.4×

Profitability

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Gross margin56.5%+0.8pp
Operating margin-5.1%-2.3pp
Net margin-27.4%-8.6pp
FCF margin6.3%+3.2pp

Returns & leverage

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Return on equity-177.7%-303pp
Debt / equity13.8×+11.2×
Current ratio-0.2×

Questions, answered.

What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.