AIOT: Powerfleet Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Powerfleet Inc (AIOT).
$727.48M Market Cap.
AIOT Market Cap. (MRY)
AIOT Shares Outstanding (MRY)
AIOT Assets (MRY)
Total Assets
$910.07M
Total Liabilities
$463.33M
Total Investments
$0
AIOT Income (MRY)
Revenue
$362.51M
Net Income
-$50.99M
Operating Expense
$220.42M
AIOT Cash Flow (MRY)
CF Operations
-$3.35M
CF Investing
-$170.60M
CF Financing
$115.72M
AIOT Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Total Assets | $910,071,000 (194.83%) | $308,680,000 (41.54%) | $218,089,000 (0.02%) | $218,056,000 (-5.14%) |
Assets Current | $169,080,000 (-0.42%) | $169,788,000 (107.00%) | $82,025,000 (1.01%) | $81,206,000 (-7.63%) |
Assets Non-Current | $740,991,000 (433.50%) | $138,892,000 (2.08%) | $136,064,000 (-0.57%) | $136,850,000 (-3.60%) |
Goodwill & Intangible Assets | $641,728,000 (522.20%) | $103,139,000 (-0.41%) | $103,562,000 (-2.66%) | $106,395,000 (-2.93%) |
Shareholders Equity | $446,592,000 (1059.05%) | $38,531,000 (-33.04%) | $57,542,000 (-16.49%) | $68,905,000 (-25.19%) |
Property Plant & Equipment Net | $70,350,000 (249.18%) | $20,147,000 (8.45%) | $18,578,000 (8.84%) | $17,069,000 (-9.09%) |
Cash & Equivalents | $48,788,000 (-55.51%) | $109,664,000 (467.27%) | $19,332,000 (7.47%) | $17,989,000 (-32.78%) |
Accumulated Other Comprehensive Income | -$8,850,000 (-798.48%) | -$985,000 (-59.90%) | -$616,000 (49.09%) | -$1,210,000 (-409.46%) |
Deferred Revenue | $22,572,000 (110.29%) | $10,734,000 (1.05%) | $10,622,000 (-1.71%) | $10,807,000 (-1.28%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $18,350,000 (-15.27%) | $21,658,000 (-4.18%) | $22,602,000 (1.48%) | $22,272,000 (22.09%) |
Trade & Non-Trade Receivables | $78,623,000 (159.20%) | $30,333,000 (-6.50%) | $32,440,000 (-0.63%) | $32,647,000 (1.72%) |
Trade & Non-Trade Payables | $41,599,000 (107.74%) | $20,025,000 (-33.90%) | $30,296,000 (19.29%) | $25,397,000 (-12.47%) |
Accumulated Retained Earnings (Deficit) | -$205,783,000 (-32.94%) | -$154,796,000 (-5.82%) | -$146,281,000 (-3.89%) | -$140,806,000 (-4.74%) |
Tax Assets | $3,934,000 (41.46%) | $2,781,000 (-13.26%) | $3,206,000 (-3.08%) | $3,308,000 (-22.38%) |
Tax Liabilities | $57,712,000 (1192.54%) | $4,465,000 (-6.84%) | $4,793,000 (-2.20%) | $4,901,000 (-6.11%) |
Total Debt | $287,059,000 (132.49%) | $123,471,000 (348.95%) | $27,502,000 (-7.66%) | $29,784,000 (-12.99%) |
Debt Current | $46,708,000 (1148.88%) | $3,740,000 (-83.45%) | $22,594,000 (77.17%) | $12,753,000 (45.68%) |
Debt Non-Current | $240,351,000 (100.74%) | $119,731,000 (2339.51%) | $4,908,000 (-71.18%) | $17,031,000 (-33.15%) |
Total Liabilities | $463,329,000 (157.73%) | $179,771,000 (124.24%) | $80,168,000 (4.06%) | $77,042,000 (-9.37%) |
Liabilities Current | $151,009,000 (246.43%) | $43,590,000 (-25.56%) | $58,556,000 (31.51%) | $44,526,000 (0.54%) |
Liabilities Non-Current | $312,320,000 (129.34%) | $136,181,000 (530.12%) | $21,612,000 (-33.53%) | $32,516,000 (-20.15%) |
AIOT Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Revenues | $362,515,000 (974.44%) | $33,740,000 (-74.77%) | $133,736,000 (-1.60%) | $135,912,000 (7.90%) |
Cost of Revenue | $167,978,000 (857.85%) | $17,537,000 (-73.69%) | $66,660,000 (-6.01%) | $70,919,000 (7.12%) |
Selling General & Administrative Expense | $204,361,000 (836.06%) | $21,832,000 (-69.36%) | $71,253,000 (12.22%) | $63,492,000 (12.38%) |
Research & Development Expense | $16,061,000 (695.89%) | $2,018,000 (-75.92%) | $8,380,000 (-1.09%) | $8,472,000 (-25.87%) |
Operating Expenses | $220,422,000 (824.20%) | $23,850,000 (-70.05%) | $79,633,000 (10.66%) | $71,964,000 (5.95%) |
Interest Expense | $20,330,000 (2767.42%) | $709,000 (-55.74%) | $1,602,000 (261.17%) | -$994,000 (-135.96%) |
Income Tax Expense | $4,517,000 (1183.24%) | $352,000 (-40.24%) | $589,000 (-32.30%) | $870,000 (-53.92%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$50,969,000 (-499.35%) | -$8,504,000 (-50.78%) | -$5,640,000 (16.47%) | -$6,752,000 (47.13%) |
Net Income to Non-Controlling Interests | $18,000 (63.64%) | $11,000 (-68.57%) | $35,000 (1650.00%) | $2,000 (140.00%) |
Net Income | -$50,987,000 (-498.79%) | -$8,515,000 (-50.04%) | -$5,675,000 (15.98%) | -$6,754,000 (47.09%) |
Preferred Dividends Income Statement Impact | $25,000 (-99.78%) | $11,124,000 (-4.37%) | $11,632,000 (14.75%) | $10,137,000 (8.98%) |
Net Income Common Stock | -$51,012,000 (-159.75%) | -$19,639,000 (-13.47%) | -$17,307,000 (-2.46%) | -$16,891,000 (23.46%) |
Weighted Average Shares | $119,877,000 (234.73%) | $35,813,000 (0.52%) | $35,628,000 (0.66%) | $35,393,000 (2.38%) |
Weighted Average Shares Diluted | $119,877,000 (234.73%) | $35,813,000 (0.52%) | $35,628,000 (0.66%) | $35,393,000 (2.38%) |
Earning Before Interest & Taxes (EBIT) | -$26,140,000 (-250.68%) | -$7,454,000 (-113.95%) | -$3,484,000 (49.35%) | -$6,878,000 (15.23%) |
Gross Profit | $194,537,000 (1100.62%) | $16,203,000 (-75.84%) | $67,076,000 (3.20%) | $64,993,000 (8.77%) |
Operating Income | -$25,885,000 (-238.50%) | -$7,647,000 (39.10%) | -$12,557,000 (-80.13%) | -$6,971,000 (14.70%) |
AIOT Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Net Cash Flow from Investing | -$170,596,000 (-2293.32%) | -$7,128,000 (-566.19%) | $1,529,000 (124.15%) | -$6,330,000 (-109.12%) |
Net Cash Flow from Financing | $115,722,000 (27.89%) | $90,489,000 (2541.69%) | -$3,706,000 (-1214.18%) | -$282,000 (-101.74%) |
Net Cash Flow from Operations | -$3,345,000 (-242.40%) | $2,349,000 (-46.58%) | $4,397,000 (252.04%) | $1,249,000 (123.17%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$60,876,000 (-171.98%) | $84,575,000 (6197.47%) | $1,343,000 (115.31%) | -$8,771,000 (-205.36%) |
Net Cash Flow - Business Acquisitions and Disposals | -$136,818,000 (0%) | $0 (0%) | $8,722,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$100,000 (0.00%) | -$100,000 (0%) |
Capital Expenditure | -$33,778,000 (-373.88%) | -$7,128,000 (-0.49%) | -$7,093,000 (-13.85%) | -$6,230,000 (-105.81%) |
Issuance (Repayment) of Debt Securities | $140,499,000 (49.52%) | $93,966,000 (43602.78%) | -$216,000 (-204.23%) | -$71,000 (98.81%) |
Issuance (Purchase) of Equity Shares | $65,521,000 (71318.48%) | -$92,000 (12.38%) | -$105,000 (50.24%) | -$211,000 (-100.80%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$2,657,000 (-134.10%) | -$1,135,000 (-29.42%) | -$877,000 (74.27%) | -$3,408,000 (-741.81%) |
Share Based Compensation | $10,251,000 (149.78%) | $4,104,000 (5.02%) | $3,908,000 (-10.02%) | $4,343,000 (-7.12%) |
Depreciation Amortization & Accretion | $52,501,000 (330.76%) | $12,188,000 (-0.58%) | $12,259,000 (11.26%) | $11,018,000 (-3.87%) |
AIOT Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Gross Margin | 53.70% (11.88%) | 48.00% (-4.38%) | 50.20% (5.02%) | 47.80% (0.84%) |
Profit Margin | -14.10% (75.77%) | -58.20% (-351.16%) | -12.90% (-4.03%) | -12.40% (29.14%) |
EBITDA Margin | 7.30% (-47.86%) | 14.00% (112.12%) | 6.60% (120.00%) | 3.00% (11.11%) |
Return on Average Equity (ROAE) | -11.70% (61.00%) | -30.00% (-35.14%) | -22.20% (-8.29%) | -20.50% (8.07%) |
Return on Average Assets (ROAA) | -6.30% (23.17%) | -8.20% (-3.80%) | -7.90% (-3.95%) | -7.60% (20.83%) |
Return on Sales (ROS) | -7.20% (67.42%) | -22.10% (-750.00%) | -2.60% (49.02%) | -5.10% (20.31%) |
Return on Invested Capital (ROIC) | -8.80% (-14.29%) | -7.70% (-57.14%) | -4.90% (42.35%) | -8.50% (17.48%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -12.77 (-31.50%) | -9.71 (-39.10%) | -6.98 (-24.55%) | -5.6 (24.33%) |
Price to Sales Ratio (P/S) | 1.81 (-67.98%) | 5.67 (522.17%) | 0.91 (29.96%) | 0.7 (-46.12%) |
Price to Book Ratio (P/B) | 1.63 (-68.41%) | 5.16 (133.14%) | 2.21 (56.66%) | 1.41 (-23.68%) |
Debt to Equity Ratio (D/E) | 1.04 (-77.78%) | 4.67 (234.96%) | 1.39 (24.60%) | 1.12 (21.13%) |
Earnings Per Share (EPS) | -0.43 (21.82%) | -0.55 (-12.24%) | -0.49 (-2.08%) | -0.48 (25.00%) |
Sales Per Share (SPS) | 3.02 (221.02%) | 0.94 (-74.91%) | 3.75 (-2.24%) | 3.84 (5.38%) |
Free Cash Flow Per Share (FCFPS) | -0.31 (-133.08%) | -0.13 (-75.00%) | -0.08 (46.10%) | -0.14 (41.98%) |
Book Value Per Share (BVPS) | 3.73 (246.19%) | 1.08 (-33.37%) | 1.61 (-17.05%) | 1.95 (-26.91%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.24 (-61.00%) | 5.74 (78.51%) | 3.21 (1.90%) | 3.15 (-9.31%) |
Enterprise Value Over EBIT (EV/EBIT) | -37 (-32.14%) | -28 (28.21%) | -39 (-143.75%) | -16 (23.81%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 36.8 (-16.06%) | 43.84 (182.65%) | 15.51 (-41.53%) | 26.53 (-48.25%) |
Asset Turnover | 0.45 (216.31%) | 0.14 (-76.96%) | 0.61 (-0.16%) | 0.61 (12.27%) |
Current Ratio | 1.12 (-71.25%) | 3.9 (178.02%) | 1.4 (-23.19%) | 1.82 (-8.11%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$37,123,000 (-676.79%) | -$4,779,000 (-77.26%) | -$2,696,000 (45.87%) | -$4,981,000 (40.82%) |
Enterprise Value (EV) | $970,208,293 (367.43%) | $207,561,703 (52.49%) | $136,114,080 (23.94%) | $109,824,821 (-35.99%) |
Earnings Before Tax (EBT) | -$46,470,000 (-469.28%) | -$8,163,000 (-60.50%) | -$5,086,000 (13.56%) | -$5,884,000 (45.91%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $26,361,000 (456.84%) | $4,734,000 (-46.05%) | $8,775,000 (111.96%) | $4,140,000 (23.69%) |
Invested Capital | $355,605,000 (102.33%) | $175,758,000 (174.02%) | $64,141,000 (-18.74%) | $78,930,000 (-5.41%) |
Working Capital | $18,071,000 (-85.68%) | $126,198,000 (437.72%) | $23,469,000 (-36.02%) | $36,680,000 (-15.91%) |
Tangible Asset Value | $268,343,000 (30.55%) | $205,541,000 (79.47%) | $114,527,000 (2.57%) | $111,661,000 (-7.15%) |
Market Capitalization | $727,476,293 (266.09%) | $198,713,703 (56.14%) | $127,266,080 (30.80%) | $97,299,821 (-42.91%) |
Average Equity | $436,588,250 (567.60%) | $65,396,250 (-16.03%) | $77,883,000 (-5.36%) | $82,290,250 (-16.88%) |
Average Assets | $812,997,000 (238.70%) | $240,037,750 (9.81%) | $218,599,250 (-1.39%) | $221,691,500 (-3.87%) |
Invested Capital Average | $295,792,000 (207.35%) | $96,239,500 (36.07%) | $70,729,000 (-12.14%) | $80,498,500 (2.16%) |
Shares | 132,509,343 (256.09%) | 37,212,304 (0.00%) | 37,212,304 (2.88%) | 36,170,937 (0.61%) |