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Upturn AI SWOT - About
KORE Group Holdings Inc (KORE)
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Upturn Advisory Summary
06/30/2025: KORE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $6
1 Year Target Price $6
| 0 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -54.29% | Avg. Invested days 29 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 41.18M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 2 | Beta 1.74 | 52 Weeks Range 1.10 - 4.88 | Updated Date 06/29/2025 |
52 Weeks Range 1.10 - 4.88 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -7.43 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -50.8% | Operating Margin (TTM) -3.4% |
Management Effectiveness
Return on Assets (TTM) -3.92% | Return on Equity (TTM) -336.95% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 328494146 | Price to Sales(TTM) 0.15 |
Enterprise Value 328494146 | Price to Sales(TTM) 0.15 | ||
Enterprise Value to Revenue 1.16 | Enterprise Value to EBITDA 20.09 | Shares Outstanding 17160100 | Shares Floating 6892339 |
Shares Outstanding 17160100 | Shares Floating 6892339 | ||
Percent Insiders 41.33 | Percent Institutions 54.68 |
Analyst Ratings
Rating 2 | Target Price 6 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
KORE Group Holdings Inc
Company Overview
History and Background
KORE Group Holdings, Inc., was founded in 2012, focusing on IoT solutions. It went public via a SPAC merger in 2021 and provides connectivity and management services for IoT devices. It has grown through acquisitions and organic expansion.
Core Business Areas
- IoT Connectivity: Provides cellular, satellite, and LPWAN connectivity solutions for IoT devices globally.
- IoT Solutions: Offers managed services, including device management, data analytics, and security solutions.
- IoT Applications: Develops and delivers tailored IoT solutions for specific industries like healthcare, logistics, and utilities.
Leadership and Structure
Romil Bahl serves as the President and CEO. The company has a traditional corporate structure with departments focused on sales, marketing, technology, and operations, overseen by a board of directors.
Top Products and Market Share
Key Offerings
- KORE Connectivity as a Service (CaaS): Provides global IoT connectivity through various network technologies. Competitors include Sierra Wireless (SWIR) and Telit. Market share data not publicly available but KORE is known as a top player in this segment.
- KORE Positioning as a Service (PaaS): Offers location-based services for tracking and monitoring assets. Competitors include HERE Technologies and TomTom. Market share data not publicly available. PaaS helps customers monitor and manage their IoT assets with great precision.
Market Dynamics
Industry Overview
The IoT market is experiencing substantial growth, driven by increasing adoption across various industries. The market is competitive, with numerous players offering connectivity, platforms, and solutions.
Positioning
KORE positions itself as a global provider of IoT connectivity and solutions, offering a comprehensive suite of services. Competitive advantages include its global reach and focus on managed services.
Total Addressable Market (TAM)
The global IoT market is projected to reach hundreds of billions of dollars. KORE's TAM is within the IoT connectivity and services segment, estimated to be multi-billion. KORE is positioned to capture a portion of the TAM through its connectivity and solutions offerings.
Upturn SWOT Analysis
Strengths
- Global connectivity solutions
- Comprehensive managed services
- Strong industry partnerships
- Experienced management team
Weaknesses
- Relatively small compared to larger competitors
- High reliance on connectivity partners
- Integration risks from acquisitions
Opportunities
- Expansion into new industry verticals
- Increased demand for IoT security solutions
- Strategic acquisitions to enhance capabilities
Threats
- Intense competition from larger players
- Rapid technological advancements
- Economic downturn impacting IoT spending
Competitors and Market Share
Key Competitors
- SWIR
- ORBCOMM (ORBC)
- Telit Cinterion (private)
Competitive Landscape
KORE competes with larger players like Sierra Wireless and ORBCOMM, as well as smaller, specialized IoT solution providers. KORE's competitive advantage lies in its comprehensive suite of managed services and global connectivity.
Major Acquisitions
SIMON IoT
- Year: 2021
- Acquisition Price (USD millions): 18
- Strategic Rationale: Expanded KORE's connectivity portfolio by adding a leading provider of embedded connectivity solutions.
Twilio IoT Business Unit
- Year: 2023
- Acquisition Price (USD millions): 65
- Strategic Rationale: Increased KORE's market share in the growing IoT communications market.
Growth Trajectory and Initiatives
Historical Growth: KORE has grown through strategic acquisitions and organic growth, expanding its service offerings and geographic reach.
Future Projections: Analyst estimates suggest continued revenue growth driven by increasing IoT adoption and KORE's expansion into new markets.
Recent Initiatives: Recent initiatives include partnerships with major telecommunications providers and the launch of new IoT security solutions.
Summary
KORE Group Holdings is a key player in the IoT connectivity and solutions market. Its global reach and comprehensive managed services offer competitive advantages. While facing competition from larger players, KORE's strategic acquisitions and expansion into new verticals provide opportunities for growth. Investors should monitor integration risks and technological advancements within the IoT space.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings (10-K, 10-Q)
- Press Releases
- Analyst Reports
- Yahoo Finance
- Google Finance
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance can change over time. Investors should conduct their own due diligence before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About KORE Group Holdings Inc
Exchange NYSE | Headquaters Atlanta, GA, United States | ||
IPO Launch date 2021-10-01 | President, CEO & Director Mr. Ronald Totton | ||
Sector Communication Services | Industry Telecom Services | Full time employees 539 | Website https://www.korewireless.com |
Full time employees 539 | Website https://www.korewireless.com | ||
KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions in the United States and internationally. The company offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. Its products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security software services. In addition, the company offers IoT connectivity products comprising sim cards; and IoT devices. The company serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.
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