PowerFleet, Inc. (AIOT)

Start

$5.13

Latest close

$2.79

Period change

-45.61%

Period low

$2.39

Period high

$5.65

Market cap

$399.99M

Volume

300.5K

Average volume

1.66M

52-week range

$2.29 – $5.88

Beta

1.40

Last dividend

—

EPS (TTM)

-$0.16

P/E ratio

-20.53

Revenue (TTM)

$454.49M

Net income (TTM)

-$21.32M

Total assets

$965.50M

Total debt

$80.42M

Cash and equivalents

$26.82M

Key financials (trailing twelve months).

Operating across the United States, Israel, and other international markets, PowerFleet, Inc. specializes in wireless Internet-of-Things (IoT) solutions designed for asset management. The company's technology gathers real-time Internet-of-Things (IoT) data from a wide range of assets using specialized devices and sensors. This allows organizations to gain immediate insights, leading to improved operational efficiencies, enhanced safety and security protocols, and ultimately, increased profitability. These insights are delivered through user-friendly reports, intuitive dashboards, and instant alerts. Furthermore, PowerFleet provides application programming interfaces (APIs) to facilitate seamless integration with existing enterprise management systems and third-party applications. In addition to its core offerings, PowerFleet extends its services to include hosting, ongoing maintenance, comprehensive support, and strategic consulting. It also offers a Software-as-a-Service (SaaS) model, encompassing system monitoring, technical help desk assistance, development of escalation procedures, regular diagnostic data analysis, and timely software updates. Its diverse product portfolio is marketed under the PowerFleet, Pointer, and Cellocator brand names. PowerFleet caters to a broad clientele, serving both commercial enterprises and government entities across numerous sectors. These include general and automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and various segments of the transportation industry, such as vehicle rental, logistics, shipping, and freight. The company utilizes both direct sales approaches and indirect channels, partnering with original equipment manufacturers (OEMs), vehicle importers, distributors, and industrial equipment dealers. Established in 1993, the company, formerly known as I.D. Systems, Inc., maintains its corporate headquarters in Woodcliff Lake, New Jersey.

Sector

Technology

Industry

Software - Application

Exchange

NASDAQ

CEO

Steve Towe

Employees

2,658

Headquarters

Woodcliff Lake, NJ, US

IPO date

1999-06-30

Website

https://www.powerfleet.com

Annual, last 3 fiscal years. Most recent period first. Reported in USD.

Quarterly, last 6 quarters. Most recent period first. Reported in USD.