. Charley Brady - Vice President, Investor Relations Romil Bahl - President and Chief Executive Officer Paul Holtz - EVP, Chief Financial Officer and Treasurer Michael Latimore - Northland Capital Markets Lance Vitanza - TD Cowen Jamie Reynolds - Morgan Stanley Hello and welcome to the KORE Group HoldingsÂ' Third Quarter 2023 earnings call and webcast. [Operator Instructions] As a reminder this conference is being recorded. Charley Brady Finally, a recording of the call will be available on the Investors se ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 86-3078783 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 3 Ravinia Drive NE, Suite 500, Atlanta, Georgia 30346 (Address of principal executive offices and Zip Code) FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...

财务数据和关键指标变化 - 第二季度收入为6950万美元,较上一季度增长约5% [16][23] - 剔除2G、3G和LTE过渡项目收入的影响,第二季度2023年收入较上年同期增长超过2% [17] - 毛利率为54.4%,较上年同期增加180个基点,受益于持续的运营商成本优化和硬件收入占比下降 [19] - 第二季度调整后EBITDA为1420万美元,较上一季度增长约7%,调整后EBITDA利润率提升30个基点至20.5% [19][34] - 第二季度调整后EBITDA较上年同期下降约15%,受到投资于公司增长的人员成本增加、Twilio IoT业务的人员成本以及完善公共公司流程和系统(包括SOX合规)的影响 [35] 各条业务线数据和关键指标变化 - IoT连接业务收入为4830万美元,包括Twilio IoT业务1个月的收入,较上年同期增长8% [24] - IoT解决方案业务收入为2130万美元,较上年同期下降19%,主要由于去年同期最大客户的LTE过渡项目收入 [25] - 总连接数为1850万,包括Twilio IoT业务约290万连接,剔除Twilio IoT,公司有机连接数增加40万 [28] - 过去12个月的基于客户的净收入扩张率(DBNER)为99%,受到最大客户LTE过渡项目收入的影响 [29][30] 各个市场数据和关键指标变化 - 无具体披露 公司战略和发展方向及行业竞争 - 6月1日完成收购Twilio IoT业务,成为全球首家IoT超级规模服务商 [11] - 推出面向零售商、餐厅等多点企业的5G固定无线接入(FWA)解决方案,满足高带宽需求 [12] - 参与生物多样性传感器项目和减塑SIM卡计划,支持可持续发展 [13][14][15] - 销售渠道管线近1500个机会,潜在合同总价值约6.6亿美元,为未来几年的增长奠定基础 [44][50][51] - 目标成为"Rule of 40"公司,即实现至少20%的收入增长和20%以上的EBITDA利润率 [52] 管理层对经营环境和未来前景的评论 - 第三季度开始实现同比有机增长,第四季度将是全年最大的季度 [43][50][51] - 2023年全年收入和调整后EBITDA指引维持不变,收入增长低个位数到中个位数,调整后EBITDA为6000万美元至6200万美元 [20][21] - 2024年有望实现至少20%的有机收入增长 [52] 问答环节重要的提问和回答 问题1 **Michael Latimore 提问** TCV管线是否包括Twilio业务? [56] **Romil Bahl 回答** TCV管线是公司有机业务,Twilio业务仅在第二季度贡献了1个月,尚未完全整合 [57] 问题2 **Scott Searle 提问** 第三季度是否能实现有机同比增长,不包括Twilio? [59] **Romil Bahl 回答** 是的,尽管存在一些IoT解决方案业务的推迟,但预计第三季度仍能实现有机同比增长 [60] 问题3 **Meta Marshall 提问** Twilio业务的整合情况如何,特别是在保留关键人才方面 [76] **Romil Bahl 回答** 整合进展顺利,文化融合良好,工程人才保留情况良好,毛利率改善也好于预期 [77][78][79]

... .. . . 。 。 。 . . . Because of these limitations, EBITDA, Adjusted EBITDA and Adjusted EBITDA margin should not be considered in isolation or as a substitute for performance measures calculated in accordance with GAAP. We compensate for these limitations by relying primarily on our GAAP results and using EBITDA, Adjusted EBITDA and Adjusted EBITDA margin on a supplemental basis. You should review the reconciliation of net loss to EBITDA, Adjusted EBITDA and Adjusted EBITDA margin below and not rely on an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-40856 KORE Group Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) __________________________ Delaw ...

财务数据和关键指标变化 - 第一季度收入为6600万美元,同比下降4%,但环比增长5.7% [21][22] - 剔除最大客户的LTE过渡项目收入的影响,第一季度收入同比增长约9%,达到中高个位数增长的上限 [14] - 毛利率为54%,同比增加518个基点,连续两个季度达到上市以来最高水平 [25][26] - IoT连接业务毛利率为65.2%,同比增加347个基点,环比增加40个基点 [25] - IoT解决方案毛利率为32.4%,同比增加640个基点,环比增加373个基点 [26] 各条业务线数据和关键指标变化 - IoT连接业务收入为4350万美元,同比下降1%,环比持平 [23] - 剔除非KORE客户和LTE过渡项目的影响,IoT连接业务收入同比增长约9%,环比增长5% [23] - IoT解决方案收入为2240万美元,同比下降10%,主要是由于去年同期包含了大客户的LTE过渡项目收入 [24] - 剔除LTE过渡项目收入的影响,IoT解决方案收入同比增长约38% [24] - 总连接数为1510万,较上季度增加约10万 [27] 各个市场数据和关键指标变化 - 由于供应链问题,部分客户的硬件部署有所延迟 [27] - 公司正在更多关注高带宽应用,这带来更高收入但连接数较低 [27] 公司战略和发展方向及行业竞争 - 公司推出MODGo SaaS解决方案,提供IoT设备部署和物流管理的全面可视性和支持 [12] - 公司在Gartner Magic Quadrant for IoT Connectivity中连续第四年被评为领导者,体现了公司对客户需求的理解和创新解决方案的能力 [11] - 公司正在加大对边缘计算、边缘分析和人工智能与物联网(AIoT)的投入,以满足行业对低延迟和更高处理能力的需求 [45][46][47][48] 管理层对经营环境和未来前景的评论 - 公司对2023年全年收入和EBITDA指引保持不变,预计收入增长中个位数,EBITDA为6000万-6200万美元,EBITDA利润率约20% [16][17] - 公司认为自身是一家抗衰退的公司,拥有80%以上的经常性收入,有信心应对经济不确定性 [50] - 公司看好高增长领域如远程健康监护等,并将继续拓展新市场和应用场景 [50] 问答环节重要的提问和回答 问题1 **Lance Vitanza 提问** 整体物联网部署环境是否符合公司预期,是否感受到宏观环境导致客户推迟或取消部署 [54][55] **Romil Bahl 回答** 尽管存在供应链和宏观环境的不确定性,但公司维持了原有的收入和EBITDA指引,认为目前没有足够的证据需要更加谨慎 [55][56][57] 问题2 **Walter Piecyk 提问** 公司EBITDA指引相对收入指引偏低的原因,是否与Twilio业务并购有关 [76][77][78] **Romil Bahl 回答** Twilio业务并购将在今年拖累EBITDA,但未来将成为利润贡献者。此外,第一季度还有一次性的审计费用影响,预计不会在未来重复 [78][79][80][81][82][83][84]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ FORM 10-Q __________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-40856 __________________________ KORE Group Holdings, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-K _____________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-40856 _____________________________ KORE Group Holdings, Inc. (Exact name of registrant a ...

Leading offering, backed by extensive IP, creates sustainable competitive moat 2.6% $230 Long track record of customer retention | --- | --- | --- | --- | --- | |---------------------------------------------------------|---------------------|-------------------|---------------------|------------------| | Net loss \n Net loss margin | ($13.0) \n(19.6%) | ($4.5) \n(6.6%) | ($35.1) \n(16.1%) | ($12.5) \n(6.8%) | | Income tax benefit | (2.5) | (3.7) | (7.8) | (7.6) | | Interest Expense | | | 8.2 5.6 22.1 16.2 | ...

KORE Group Holdings, Inc. (NYSE:KORE) Q4 2022 Earnings Conference Call March 27, 2023 5:00 PM ET Conference Call Participants Thank you, operator. On todayÂ's call, weÂ'll be referring to the fourth quarter 2022 earnings presentation that will be helpful to follow along with as well as the press release filed this afternoon that details the companyÂ's fourth quarter 2022 results, both of which can be found on the Investor Relations page at ir.korewireless.com. Romil Bahl financial results for the fourth qua ...