KORE Group Holdings
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. KORE Group Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $276,610,000. Profit margin reached -60%. Total operating expenses were $138,245,000.

Profit Margin

KORE Group Holdings, Inc. (NYSE:KORE): Profit margin
2019 169.15M -23.44M -13.86%
2020 213.76M -35.20M -16.47%
2021 248.21M -24.45M -9.85%
2022 268.44M -105.42M -39.27%
2023 276.61M -167.04M -60.39%

KORE Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
276.61M268.44M248.21M213.76M169.15M
Cost of revenue
128.56M129.15M122.22M97.93M63.66M
Gross profit
148.04M139.29M125.99M115.83M105.48M
Operating exp.
Research and development
00000
Selling and marketing
00000
Total operating expenses
138.24M166.71M142.14M125.37M113.42M
Operating income
9.80M-27.42M-16.15M-9.54M-7.94M
Other income (expenses), net
-181.00M-88.01M-17.99M-30.97M-28.44M
Income before tax
-171.2M-115.44M-34.14M-40.51M-36.38M
Income tax expense
-4.15M-10.01M-9.69M-5.31M-12.94M
Net income
-167.04M-105.42M-24.45M-35.20M-23.44M
Earnings per share
Basic EPS
-9.97-1.39-0.58-5.56-0.33
Diluted EPS
-9.97-1.39-0.58-5.56-0.33
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