Every 10-Q that KORE Group Holdings, Inc. (KORE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow KORE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KORE filings page.
KORE Group Holdings, Inc. reported lower first-quarter revenue and a wider loss while moving ahead with a go‑private merger. Total revenue was $65.8 million, down 9% year over year, as services revenue was roughly flat but product and IoT Solutions sales declined sharply.
The company posted a net loss of $28.5 million, or $1.43 per share, versus a $14.9 million loss a year earlier, largely reflecting higher non-cash warrant revaluation expense and increased selling, general, and administrative costs tied to the pending merger. Adjusted EBITDA improved modestly to $15.4 million, and free cash flow rose to $2.7 million, supported by $4.7 million of cash generated from operations.
Liquidity remains tight but stable, with $28.9 million of cash on hand and $25.0 million available under a revolving credit facility, against total long‑term debt of about $300.8 million plus mandatorily redeemable preferred stock. KORE continues to carry a significant stockholders’ deficit and acknowledges ongoing material weaknesses in internal controls.
The company agreed to a definitive merger at $9.25 per share in cash with KONA Parent, subject to stockholder and regulatory approvals and other customary closing conditions. Several large shareholders have signed voting and rollover agreements, and KORE expects the transaction to close in the second or third quarter of 2026.
KORE Group Holdings filed its Q3 2025 10‑Q, reporting total revenue of $68.7 million (vs. $68.9 million a year ago) and a net loss of $12.7 million (vs. $19.4 million). Services revenue was $57.1 million and Products revenue $11.6 million. Operating loss narrowed to $4.2 million as SG&A declined, and the income tax benefit rose to $4.6 million, partly reflecting effects of newly enacted tax law.
Cash was $19.3 million with $25.0 million available on the revolver; long‑term debt was $295.3 million. Accrued interest on mandatorily redeemable preferred stock due to an affiliate was $41.5 million as of September 30, 2025. The Company recorded a contingent liability for indirect taxes of $4.3 million within an estimated range of $4.3–$24.9 million. Remaining performance obligations were $32.2 million. KORE reduced its Google Cloud commitment to $10.9 million, incurring a $1.2 million fee. A Special Committee received a non‑binding proposal from Searchlight and Abry to acquire remaining shares for $5.00 per share; there is no assurance of any transaction.
KORE Group Holdings, Inc. reported interim financial disclosures showing continued operational focus on IoT services with one reportable segment covering IoT Connectivity and IoT Solutions. The company recorded $36.2 million of remaining performance obligations, with approximately 58% expected to be recognized in 2025. Cash and liquidity sources included approximately $21.0 million of cash and $25.0 million available on the revolving credit facility as of June 30, 2025.
Management disclosed recurring operating losses and liquidity pressures, including accrued and unpaid dividends on Series A-1 preferred stock of approximately $35.4 million as of June 30, 2025 (and $38.4 million as of August 14, 2025). The company increased its inventory reserve to $1.4 million and recorded a contingent liability related to indirect taxes with a recorded net contingent liability of $4.4 million and a possible range up to $24.1 million. Management plans cost and structural actions to enhance liquidity, including asset sales and facility consolidations.