KORE Wireless Group Overview
- Year Founded
-
2002

- Status
-
Public
- Employees
-
600

- Stock Symbol
-
KORE

- 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
Website
www.korewireless.comCorporate Office
- 3 Ravinia Drive
- Floor 5
- Atlanta, GA 30346
- United States
Corporate Office
- 3 Ravinia Drive
- Floor 5
- Atlanta, GA 30346
- United States
KORE Wireless Group Timeline
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 |
KORE Wireless Group Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
KORE Wireless Group Comparisons
Industry
Financing
Details
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 |
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 |
KORE Wireless Group Signals
KORE Wireless Group Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
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 |
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

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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