<span item_type="fundamental" item_id="f799ba21f1dd57011e4edb8e10141ae2" counter_id="ST/US/KORE" env="prod"></span><span item_type="announcement" item_id="582074139528729730" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 68.69 M, missing the estimate of USD 72.7 M.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -3.914 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>IoT Connectivity Revenue</strong>: $56.7 million for the three months ended September 30, 2025, consistent with the same period in 2024. For the nine months ended September 30, 2025, revenue was $166.7 million, slightly down from $170.4 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li><li><strong>IoT Solutions Revenue</strong>: $11.9 million for the three months ended September 30, 2025, compared to $12.2 million in 2024. For the nine months ended September 30, 2025, revenue was $45.3 million, up from $42.4 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: Decreased to $12.7 million for the three months ended September 30, 2025, an improvement of $6.7 million or 35% from the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li><li><strong>Adjusted EBITDA</strong>: Increased to $14.5 million, up $1.5 million or 12% from the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li><li><strong>Gross Margin</strong>: Overall gross margin was 37.8% for the three months ended September 30, 2025, compared to 35.4% in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: $1.1 million for the three months ended September 30, 2025, flat compared to the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li><li><strong>Free Cash Flow</strong>: Improved to - $1.1 million, an improvement of $1.1 million from the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Total Connections</strong>: Increased to 20.5 million, up 9% from 18.8 million in the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company has suspended guidance for the remainder of Fiscal Year 2025 due to ongoing strategic review processes, including potential acquisition discussions. There is no assurance that the strategic review will result in any transaction.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1855457/000185545725000092/ex991koreq325earningsrelea.htm"></span></li></ul>

KORE | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 68.69 M