AIOT: Powerfleet Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Powerfleet Inc (AIOT).

OverviewDividends

$727.48M Market Cap.

As of 08/12/2025 5:00 PM ET (MRY) • Disclaimer

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%)