PowerFleet
Financials
Estimates*
USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 126m | 135m | 134m | 285m | 303m | 331m | 387m |
% growth | 11 % | 7 % | (1 %) | 113 % | 6 % | 9 % | 17 % |
EBITDA | <1m | <1m | 6.9m | 42.8m | 59.9m | 86.2m | 101m |
% EBITDA margin | - | - | 5 % | 15 % | 20 % | 26 % | 26 % |
Profit | (13.3m) | (7.0m) | (10.3m) | (12.5m) | (23.1m) | 24.1m | - |
% profit margin | (11 %) | (5 %) | (8 %) | (4 %) | (8 %) | 7 % | - |
EV / revenue | 2.3x | 0.8x | 0.9x | 1.8x | 2.1x | 1.8x | 1.4x |
EV / EBITDA | 462.3x | 186.5x | 17.6x | 12.0x | 10.5x | 7.0x | 5.3x |
R&D budget | 11.1m | 9.0m | - | - | - | - | - |
R&D % of revenue | 9 % | 7 % | - | - | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
N/A | $50.0m | Post IPO Equity | |
* | $97.9m | Post IPO Debt | |
Total Funding | - |
Recent News about PowerFleet
EditI.D. Systems pioneered the use of wireless technology to track, control, and manage high-value mobile assets. We use the Industrial Internet of Things (IoT) — a blend of specialized wireless hardware, cloud-based software (SaaS), and “big data” analytics — to give our customers unique insights to improve safety and compliance, reduce overhead costs, streamline operations, and increase profits. Our solutions focus on three major categories of mobile assets:
- Managing fleets of forklifts and other industrial trucks to improve safety, productivity, and cost-efficiency;
- Tracking fleets of trailers, containers, chassis, and other freight transportation assets to provide greater asset visibility, utilization, and profitability across supply chains;
- Controlling connected vehicles, to enable a new generation of commercial fleet applications, like automated remote car rentals.
We are proud to include among our customers many of the world’s largest auto makers, consumer packaged goods companies, food producers, industrial manufacturers, retailers, transportation-logistics firms, airlines, car rental companies, and government agencies. But, we serve customers of all types and sizes. All told, our solutions control, track, analyze, and optimize hundreds of thousands of critical business assets all over the world.