$84.99M Market Cap.
KORE Market Cap. (MRY)
KORE Shares Outstanding (MRY)
KORE Assets (MRY)
Total Assets
$586.98M
Total Liabilities
$550.01M
Total Investments
$0
KORE Income (MRY)
Revenue
$276.61M
Net Income
-$167.04M
Operating Expense
$266.81M
KORE Cash Flow (MRY)
CF Operations
-$6.42M
CF Investing
-$20.23M
CF Financing
$18.91M
KORE Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | 0% | 0% | - |
2019 | $0 | - | - | 0% | - |
KORE Balance Sheet (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Total Assets | $586,984,000 (-14.77%) | $688,736,000 (-9.42%) | $760,337,000 (8.62%) | $700,019,000 (-3.43%) |
Assets Current | $101,987,000 (-1.19%) | $103,220,000 (-36.03%) | $161,358,000 (159.20%) | $62,253,000 (26.69%) |
Assets Non-Current | $484,997,000 (-17.17%) | $585,516,000 (-2.25%) | $598,979,000 (-6.08%) | $637,766,000 (-5.62%) |
Goodwill & Intangible Assets | $462,561,000 (-17.72%) | $562,210,000 (-4.05%) | $585,965,000 (-5.94%) | $622,952,000 (-5.49%) |
Shareholders Equity | $36,973,000 (-79.54%) | $180,672,000 (-32.46%) | $267,522,000 (1223.32%) | $20,216,000 (-74.49%) |
Property Plant & Equipment Net | $20,323,000 (-7.28%) | $21,918,000 (79.07%) | $12,240,000 (-10.72%) | $13,709,000 (-10.46%) |
Cash & Equivalents | $27,437,000 (-21.62%) | $35,007,000 (-59.46%) | $86,343,000 (707.47%) | $10,693,000 (23.02%) |
Accumulated Other Comprehensive Income | -$6,070,000 (5.01%) | -$6,390,000 (-84.52%) | -$3,463,000 (-106.50%) | -$1,677,000 (55.79%) |
Deferred Revenue | $9,044,000 (15.70%) | $7,817,000 (13.47%) | $6,889,000 (-11.36%) | $7,772,000 (28.08%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $8,215,000 (-18.27%) | $10,051,000 (-35.03%) | $15,470,000 (164.81%) | $5,842,000 (115.57%) |
Trade & Non-Trade Receivables | $52,413,000 (17.68%) | $44,538,000 (-13.71%) | $51,615,000 (26.94%) | $40,661,000 (16.83%) |
Trade & Non-Trade Payables | $23,983,000 (34.47%) | $17,835,000 (11.44%) | $16,004,000 (-34.92%) | $24,593,000 (41.06%) |
Accumulated Retained Earnings (Deficit) | -$415,280,000 (-67.29%) | -$248,238,000 (-74.40%) | -$142,337,000 (-25.16%) | -$113,726,000 (-44.83%) |
Tax Assets | $0 (0%) | $557,000 (-40.36%) | $934,000 (665.57%) | $122,000 (229.73%) |
Tax Liabilities | $13,795,000 (-45.81%) | $25,455,000 (-33.70%) | $38,392,000 (-10.89%) | $43,084,000 (-12.44%) |
Total Debt | $309,412,000 (-28.10%) | $430,341,000 (6.93%) | $402,441,000 (32.85%) | $302,929,000 (-3.09%) |
Debt Current | $3,857,000 (-46.10%) | $7,156,000 (115.15%) | $3,326,000 (-17.20%) | $4,017,000 (-67.54%) |
Debt Non-Current | $305,555,000 (-27.80%) | $423,185,000 (6.03%) | $399,115,000 (33.52%) | $298,912,000 (-0.44%) |
Total Liabilities | $550,011,000 (8.26%) | $508,064,000 (3.09%) | $492,815,000 (18.49%) | $415,908,000 (1.79%) |
Liabilities Current | $74,499,000 (52.64%) | $48,808,000 (-0.47%) | $49,039,000 (-6.09%) | $52,220,000 (11.99%) |
Liabilities Non-Current | $475,512,000 (3.54%) | $459,256,000 (3.49%) | $443,776,000 (22.02%) | $363,688,000 (0.47%) |
KORE Income Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Revenues | $276,610,000 (3.04%) | $268,447,000 (8.06%) | $248,435,000 (16.22%) | $213,760,000 (26.37%) |
Cost of Revenue | $128,563,000 (-0.46%) | $129,154,000 (6.42%) | $121,360,000 (23.93%) | $97,930,000 (53.82%) |
Selling General & Administrative Expense | $130,188,000 (16.01%) | $112,220,000 (21.58%) | $92,303,000 (26.65%) | $72,883,000 (11.62%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $266,808,000 (18.69%) | $224,793,000 (57.60%) | $142,634,000 (13.77%) | $125,371,000 (6.86%) |
Interest Expense | $43,232,000 (37.81%) | $31,371,000 (34.87%) | $23,260,000 (-0.99%) | $23,493,000 (-5.21%) |
Income Tax Expense | -$4,158,000 (60.08%) | -$10,417,000 (-18.70%) | -$8,776,000 (-65.02%) | -$5,318,000 (58.91%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$167,042,000 (-57.29%) | -$106,200,000 (-328.64%) | -$24,776,000 (29.62%) | -$35,201,000 (-50.16%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$167,042,000 (-57.29%) | -$106,200,000 (-328.64%) | -$24,776,000 (29.62%) | -$35,201,000 (-50.16%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$167,042,000 (-57.29%) | -$106,200,000 (-328.64%) | -$24,776,000 (29.62%) | -$35,201,000 (-50.16%) |
Weighted Average Shares | $83,808,227 (10.70%) | $75,710,904 (80.55%) | $41,933,050 (32.49%) | $31,650,173 (1.54%) |
Weighted Average Shares Diluted | $83,808,227 (10.70%) | $75,710,904 (80.55%) | $41,933,050 (32.49%) | $31,650,173 (1.54%) |
Earning Before Interest & Taxes (EBIT) | -$127,968,000 (-50.12%) | -$85,246,000 (-728.27%) | -$10,292,000 (39.55%) | -$17,026,000 (-46.79%) |
Gross Profit | $148,047,000 (6.28%) | $139,293,000 (9.61%) | $127,075,000 (9.71%) | $115,830,000 (9.80%) |
Operating Income | -$118,761,000 (-38.90%) | -$85,500,000 (-449.52%) | -$15,559,000 (-63.08%) | -$9,541,000 (19.38%) |
KORE Cash Flow Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$20,230,000 (67.66%) | -$62,547,000 (-366.11%) | -$13,419,000 (-15.65%) | -$11,603,000 (76.96%) |
Net Cash Flow from Financing | $18,906,000 (502.77%) | -$4,694,000 (-104.51%) | $104,053,000 (918.16%) | -$12,718,000 (-134.37%) |
Net Cash Flow from Operations | -$6,419,000 (-139.25%) | $16,356,000 (210.83%) | -$14,758,000 (-155.75%) | $26,471,000 (85.72%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$7,570,000 (85.25%) | -$51,336,000 (-167.86%) | $75,650,000 (3680.61%) | $2,001,000 (178.30%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$46,002,000 (0%) | $0 (0%) | $366,000 (100.98%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$20,230,000 (-22.27%) | -$16,545,000 (-23.30%) | -$13,419,000 (-12.11%) | -$11,969,000 (7.09%) |
Issuance (Repayment) of Debt Securities | -$126,823,000 (-2601.81%) | -$4,694,000 (-104.17%) | $112,585,000 (999.38%) | -$12,518,000 (-133.76%) |
Issuance (Purchase) of Equity Shares | -$2,523,000 (0%) | $0 (0%) | $223,688,000 (111944.00%) | -$200,000 (-150.00%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $173,000 (138.36%) | -$451,000 (-99.56%) | -$226,000 (-51.68%) | -$149,000 (8.02%) |
Share Based Compensation | $11,251,000 (9.28%) | $10,296,000 (125.59%) | $4,564,000 (293.11%) | $1,161,000 (-30.98%) |
Depreciation Amortization & Accretion | $60,694,000 (7.01%) | $56,717,000 (12.69%) | $50,331,000 (-4.11%) | $52,488,000 (9.05%) |
KORE Financial Metrics (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Gross Margin | 53.50% (3.08%) | 51.90% (1.37%) | 51.20% (-5.54%) | 54.20% (-13.14%) |
Profit Margin | -60.40% (-52.53%) | -39.60% (-296.00%) | -10.00% (39.39%) | -16.50% (-18.71%) |
EBITDA Margin | -24.30% (-129.25%) | -10.60% (-165.84%) | 16.10% (-3.01%) | 16.60% (-23.15%) |
Return on Average Equity (ROAE) | -153.30% (-250.80%) | -43.70% (-146.89%) | -17.70% (75.00%) | -70.80% |
Return on Average Assets (ROAA) | -26.50% (-86.62%) | -14.20% (-317.65%) | -3.40% (30.61%) | -4.90% |
Return on Sales (ROS) | -46.30% (-45.60%) | -31.80% (-675.61%) | -4.10% (48.75%) | -8.00% (-15.94%) |
Return on Invested Capital (ROIC) | -29.70% (-65.00%) | -18.00% (-566.67%) | -2.70% (49.06%) | -5.30% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -0.49 (45.22%) | -0.9 (86.11%) | -6.48 (-24.42%) | -5.21 |
Price to Sales Ratio (P/S) | 0.3 (-16.34%) | 0.35 (-68.80%) | 1.14 (-24.74%) | 1.51 |
Price to Book Ratio (P/B) | 2.3 (332.14%) | 0.53 (-70.67%) | 1.81 (-89.41%) | 17.13 |
Debt to Equity Ratio (D/E) | 14.88 (429.02%) | 2.81 (52.66%) | 1.84 (-91.05%) | 20.57 (298.93%) |
Earnings Per Share (EPS) | -1.99 (-42.14%) | -1.4 (-34.62%) | -1.04 (46.94%) | -1.96 (-35.17%) |
Sales Per Share (SPS) | 3.3 (-6.91%) | 3.55 (-40.15%) | 5.92 (-12.27%) | 6.75 (24.45%) |
Free Cash Flow Per Share (FCFPS) | -0.32 (-15800.00%) | -0 (99.70%) | -0.67 (-246.72%) | 0.46 (940.91%) |
Book Value Per Share (BVPS) | 0.44 (-81.52%) | 2.39 (-62.60%) | 6.38 (898.44%) | 0.64 (-74.86%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.49 (-11.13%) | 1.67 (-59.81%) | 4.16 (70.76%) | 2.44 (15.51%) |
Enterprise Value Over EBIT (EV/EBIT) | -4 (33.33%) | -6 (92.21%) | -77 (-285.00%) | -20 |
Enterprise Value Over EBITDA (EV/EBITDA) | -7.33 (56.83%) | -16.97 (-185.54%) | 19.84 (103.10%) | 9.77 |
Asset Turnover | 0.44 (22.63%) | 0.36 (5.29%) | 0.34 (13.33%) | 0.3 |
Current Ratio | 1.37 (-35.27%) | 2.12 (-35.71%) | 3.29 (176.01%) | 1.19 (13.09%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$26,649,000 (-14000.00%) | -$189,000 (99.33%) | -$28,177,000 (-294.30%) | $14,502,000 (957.77%) |
Enterprise Value (EV) | $493,005,712 (1.82%) | $484,217,074 (-39.05%) | $794,493,772 (129.31%) | $346,470,841 |
Earnings Before Tax (EBT) | -$171,200,000 (-46.81%) | -$116,617,000 (-247.57%) | -$33,552,000 (17.19%) | -$40,519,000 (-11.36%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$67,274,000 (-135.81%) | -$28,529,000 (-171.25%) | $40,039,000 (12.91%) | $35,462,000 (-2.93%) |
Invested Capital | $331,899,000 (-29.84%) | $473,052,000 (7.16%) | $441,431,000 (39.22%) | $317,083,000 (-1.82%) |
Working Capital | $27,488,000 (-49.48%) | $54,412,000 (-51.56%) | $112,319,000 (1019.50%) | $10,033,000 (299.88%) |
Tangible Asset Value | $124,423,000 (-1.66%) | $126,526,000 (-27.44%) | $174,372,000 (126.26%) | $77,067,000 (17.31%) |
Market Capitalization | $84,993,712 (-11.58%) | $96,125,074 (-80.19%) | $485,208,772 (40.09%) | $346,351,155 |
Average Equity | $108,951,250 (-55.12%) | $242,775,250 (73.27%) | $140,111,000 (181.75%) | $49,728,000 |
Average Assets | $630,239,750 (-15.88%) | $749,255,250 (2.52%) | $730,813,500 (2.58%) | $712,432,500 |
Invested Capital Average | $430,836,750 (-9.06%) | $473,736,000 (23.07%) | $384,933,500 (20.28%) | $320,026,000 |
Shares | 86,710,582 (13.66%) | 76,289,741 (5.97%) | 71,989,432 (112.22%) | 33,922,738 |
