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Upturn AI SWOT - About
KORE Group Holdings Inc (KORE)
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Upturn Advisory Summary
04/01/2025: 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.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -73.91% | Avg. Invested days 25 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 42.35M USD | Price to earnings Ratio - | 1Y Target Price 7.25 |
Price to earnings Ratio - | 1Y Target Price 7.25 | ||
Volume (30-day avg) 12873 | Beta 1.86 | 52 Weeks Range 1.10 - 4.88 | Updated Date 04/1/2025 |
52 Weeks Range 1.10 - 4.88 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -8 |
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 -54.1% | Operating Margin (TTM) -8.16% |
Management Effectiveness
Return on Assets (TTM) -4.3% | Return on Equity (TTM) -336.95% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 331256639 | Price to Sales(TTM) 0.15 |
Enterprise Value 331256639 | Price to Sales(TTM) 0.15 | ||
Enterprise Value to Revenue 1.16 | Enterprise Value to EBITDA 20.09 | Shares Outstanding 17008400 | Shares Floating 6974106 |
Shares Outstanding 17008400 | Shares Floating 6974106 | ||
Percent Insiders 41.91 | Percent Institutions 49.51 |
Analyst Ratings
Rating 3.5 | Target Price 7.25 | 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. provides Internet of Things (IoT) solutions and services worldwide. Founded in 2003, it went public via SPAC in 2021. The company's evolution has centered around offering comprehensive IoT connectivity, solutions, and analytics to various industries.
Core Business Areas
- Connectivity: KORE provides global IoT connectivity services, including cellular, satellite, and LPWAN connectivity, managed through its platform.
- Solutions: This segment focuses on developing and deploying vertical-specific IoT solutions across sectors like healthcare, transportation, and asset management.
- Analytics: KORE offers data analytics and visualization tools to help customers derive insights from their IoT data and optimize their operations.
Leadership and Structure
Romil Bahl serves as the President and CEO. The company is structured with various departments focused on technology, sales, marketing, and operations. KORE's board of directors oversees the company's strategic direction.
Top Products and Market Share
Key Offerings
- KORE Connectivity as a Service (CaaS): This service provides managed IoT connectivity solutions across different network technologies. The competitive landscape includes companies like Aeris Communications and Sierra Wireless. Market Share data is difficult to accurately determine, and would require access to proprietary data, but KORE is considered a significant player. KORE is competing with Telit Cinterion (TLS.MI) and Quectel (300590.SZ) on module and connectivity services.
- KORE OmniCore: IoT management platform for managing and monitoring IoT devices and data. Competitors include Particle and Losant. No verifiable Market Share available.
Market Dynamics
Industry Overview
The IoT market is experiencing substantial growth, driven by the increasing adoption of connected devices and the need for data-driven insights. The sector is characterized by technological innovation, evolving regulatory landscapes, and intensifying competition.
Positioning
KORE Group Holdings is positioned as a leading provider of comprehensive IoT solutions, focusing on connectivity, solutions, and analytics. Its competitive advantage lies in its global reach, diverse technology portfolio, and vertical-specific expertise.
Total Addressable Market (TAM)
The IoT TAM is projected to reach hundreds of billions of dollars in the coming years. KORE aims to capture a larger share of this market by expanding its product offerings, targeting new verticals, and forging strategic partnerships.
Upturn SWOT Analysis
Strengths
- Global connectivity network
- Diverse portfolio of IoT solutions
- Vertical-specific expertise
- Strong customer relationships
- Scalable platform infrastructure
Weaknesses
- Relatively smaller size compared to some competitors
- Dependence on partnerships with network operators
- Integration challenges with legacy systems
- Profitability Concerns
Opportunities
- Expanding into new verticals
- Developing advanced analytics capabilities
- Acquiring complementary technologies
- Leveraging 5G and other emerging technologies
- Increasing demand for IoT security solutions
Threats
- Intense competition from established players
- Rapid technological advancements
- Evolving regulatory landscape
- Cybersecurity risks
- Economic downturns
Competitors and Market Share
Key Competitors
- ARM
- NVDA
- SWIR
- ERIC
- NOK
Competitive Landscape
KORE faces competition from larger, well-established players in the IoT space. KORE's strength lies in its focused approach and global connectivity. Its size can be a disadvantage relative to larger competitors.
Major Acquisitions
SIMON IoT
- Year: 2021
- Acquisition Price (USD millions): 18.5
- Strategic Rationale: To expand KORE's presence in the European IoT market and strengthen its managed services portfolio. Provides access to European customers.
Growth Trajectory and Initiatives
Historical Growth: Requires real-time data subscription.
Future Projections: Analyst estimates suggest continued revenue growth driven by increased adoption of IoT solutions across various industries.
Recent Initiatives: Recent initiatives include expanding partnerships with network operators, launching new vertical-specific solutions, and investing in R&D to enhance its technology platform.
Summary
KORE Group Holdings operates in a high-growth IoT market and offers broad connectivity and solution services. While its global reach and vertical expertise provide strengths, the company contends with strong competition and profitability concerns. Recent acquisitions and initiatives are aimed at future growth. KORE's ability to scale effectively and differentiate itself will be critical for success. Investors should watch its profitability metrics and successful integration of future acquisitions.
Similar Companies
- ARM
- NVDA
- SWIR
- ERIC
- NOK
Sources and Disclaimers
Data Sources:
- Company Website
- Company SEC Filings
- Industry Reports
- Analyst Reports
- Various News Sources
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on independent research and consultation with a qualified financial advisor. Market share information is based on available estimates and may not be precise. Financial data requires API Subscription.
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 600 | Website https://www.korewireless.com |
Full time employees 600 | Website https://www.korewireless.com | ||
KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It 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. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It 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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