KORE Wireless Group Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Public

  • Employees
  • 600

Employees

  • Stock Symbol
  • KORE

Stock Symbol

  • Investments
  • 8

  • Share Price
  • $2.55
  • (As of Friday Closing)

KORE Wireless Group General Information

Description

Kore Group Holdings Inc provides Internet of Things (IoT) solutions and services. In addition to providing critical services to customers globally, it enables them to manage, deploy, and scale their IoT applications and use cases. It offers connectivity services, location-based services, device solutions, and managed and professional services for the development and support of IoT technology for the Machine-to-Machine market. It derives revenue from IoT Connectivity services, IoT Solutions services, SIMs (IoT Connectivity), and IoT devices (IoT Solutions). Geographically, the company generates a majority of its revenue from the United States and the rest from other countries.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 3 Ravinia Drive
  • Floor 5
  • Atlanta, GA 30346
  • United States
+1 (877)
Primary Industry
IT Consulting and Outsourcing
Other Industries
Systems and Information Management
Media and Information Services (B2B)
Stock Exchange
NYS
Vertical(s)
TMT, Internet of Things, Mobile
Corporate Office
  • 3 Ravinia Drive
  • Floor 5
  • Atlanta, GA 30346
  • United States
+1 (877)

KORE Wireless Group Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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KORE Wireless Group Stock Performance

As of 07-Feb-2025, KORE Wireless Group’s stock price is $2.55. Its current market cap is $43.4M with 17M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.55 $2.56 $1.10 - $5.45 $43.4M 17M 229K -$8.00

KORE Wireless Group Financials Summary

As of 30-Sep-2024, KORE Wireless Group has a trailing 12-month revenue of $285M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 465,807 489,057 484,575 794,861
Revenue 285,229 276,610 268,447 248,435
EBITDA (49,160) (67,849) (28,529) 40,039
Net Income (154,320) (167,042) (106,200) (24,776)
Total Assets 473,915 586,984 688,681 760,337
Total Debt 307,853 309,518 430,456 402,632
Public Fundamental Data provided by Morningstar, Inc. disclaimer

KORE Wireless Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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KORE Wireless Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Kore Group Holdings Inc provides Internet of Things (IoT) solutions and services. In addition to providing critical serv
IT Consulting and Outsourcing
Atlanta, GA
600 As of 2023

Fishers, IN
 

Guildford, United Kingdom
 
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KORE Wireless Group Competitors (11)

One of KORE Wireless Group’s 11 competitors is ClearObject, a Private Equity-Backed company based in Fishers, IN.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ClearObject Private Equity-Backed Fishers, IN
Eseye Venture Capital-Backed Guildford, United Kingdom
EMnify Venture Capital-Backed Wurzburg, Germany
Spireon Private Equity-Backed Irvine, CA
Velocitor Solutions Corporation Charlotte, NC
You’re viewing 5 of 11 competitors. Get the full list »

KORE Wireless Group Patents

KORE Wireless Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230254294-A1 Remote debugging for the internet of things Pending 04-Feb-2022
US-20230176857-A1 Safe modular upgrades Active 08-Dec-2021
US-11853743-B2 Safe modular upgrades Active 08-Dec-2021
US-20240086180-A1 Safe modular upgrades Active 08-Dec-2021
US-12210865-B2 Safe modular upgrades Active 08-Dec-2021 G06F8/656
To view KORE Wireless Group’s complete patent history, request access »

KORE Wireless Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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KORE Wireless Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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KORE Wireless Group Investments & Acquisitions (8)

KORE Wireless Group’s most recent deal was a Merger/Acquisition with Twilio (IOT unit) for . The deal was made on 01-Jun-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Twilio (IOT unit) 01-Jun-2023 Merger/Acquisition Communication Software
Business Mobility Partners 16-Feb-2022 Merger/Acquisition Telecommunications Service Providers
Cerberus Telecom Acquisition 30-Sep-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
Integron 10-Dec-2019 Buyout/LBO IT Consulting and Outsourcing
ASPIDER-NGI 10-Dec-2018 Buyout/LBO Wireless Communications Equipment
You’re viewing 5 of 8 investments and acquisitions. Get the full list »

KORE Wireless Group ESG

Risk Overview

Risk Rating

Updated April, 11, 2023

32.05 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,842

Rank

Percentile

Telecommunication Services

Industry

of 234

Rank

Percentile

Telecommunication Services

Subindustry

of 234

Rank

Percentile

To view KORE Wireless Group’s complete esg history, request access »

Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Business Mobility Partners Westbury, NY 2016
ASPIDER-NGI Woerden, Netherlands 2000
Integron Rochester, NY 1985

KORE Wireless Group FAQs

  • When was KORE Wireless Group founded?

    KORE Wireless Group was founded in 2002.

  • Where is KORE Wireless Group headquartered?

    KORE Wireless Group is headquartered in Atlanta, GA.

  • What is the size of KORE Wireless Group?

    KORE Wireless Group has 600 total employees.

  • What industry is KORE Wireless Group in?

    KORE Wireless Group’s primary industry is IT Consulting and Outsourcing.

  • Is KORE Wireless Group a private or public company?

    KORE Wireless Group is a Public company.

  • What is KORE Wireless Group’s stock symbol?

    The ticker symbol for KORE Wireless Group is KORE.

  • What is the current stock price of KORE Wireless Group?

    As of 07-Feb-2025 the stock price of KORE Wireless Group is $2.55.

  • What is the current market cap of KORE Wireless Group?

    The current market capitalization of KORE Wireless Group is $43.4M.

  • What is KORE Wireless Group’s current revenue?

    The trailing twelve month revenue for KORE Wireless Group is $285M.

  • Who are KORE Wireless Group’s competitors?

    ClearObject, Eseye, EMnify, Spireon, and Velocitor Solutions are some of the 11 competitors of KORE Wireless Group.

  • What is KORE Wireless Group’s annual earnings per share (EPS)?

    KORE Wireless Group’s EPS for 12 months was -$8.00.

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