KORE Group Holdings, Inc. Income Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations and Comprehensive Loss

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Revenue
Services
Products
Total revenue
Services
Products
Total revenue

Cost of revenue (exclusive of depreciation and amortization shown separately below)
Services
Products
Total cost of revenue (exclusive of depreciation and amortization shown separately below)
Operating expenses
Selling, general, and administrative expenses
Nonrelated Party
Affiliate
Total selling, general, and administrative expenses

Depreciation and amortization
Intangible asset impairment loss
Goodwill impairment
Total operating expenses

Operating loss
Other expense (income)
Interest expense, including amortization of deferred financing costs
Nonrelated Party
Affiliate
Total interest expense, including amortization of deferred financing costs

Interest expense, including amortization of deferred financing costs
Nonrelated Party
Affiliate
Interest income
Change in fair value of warrant liabilities to affiliates
Affiliate
Total change in fair value of warrant liabilities to affiliates
Loss before income taxes

Current
Deferred
Loss on extinguishment of debt
Other expense, net
Loss on sale of assets
Other (income) expense, net
Loss before income taxes
Income tax benefit
Net loss
Other comprehensive loss:
Foreign currency translation adjustment
Comprehensive loss
Loss per share:
Basic (in dollars per share)
Diluted (in dollars per share)
Weighted average shares outstanding:
Basic (in shares)
Diluted (in shares)

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