Private company

KORE Wireless

Logo: KORE Wireless (US Company), Public domain, via Wikimedia Commons4

American telecommunications company

KORE Wireless is a privately-owned company that provides IoT connectivity, managed services, and related solutions. The company supports applications across sectors including healthcare, logistics, fleet, utilities, and industrial automation, with more than 20 million active connections reported worldwide.3 From Wikipedia, CC BY-SA 4.0

Last updated Oct 19, 2026.

Overview

2003Founded1
  • Industrytelecommunications industry1
  • HeadquartersAlpharetta1
  • Websitewww.koretelematics.com
  • Incorporated inDE5
  • Business address1155 Perimeter Center West, 11Th Floor, Atlanta, Ga 303465
  • Filer categoryNon-accelerated filer, Smaller reporting company5

KORE Wireless is a privately-owned company that provides IoT connectivity, managed services, and related solutions. The company supports applications across sectors including healthcare, logistics, fleet, utilities, and industrial automation, with more than 20 million active connections reported worldwide.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-4.4%Operating margin7
-22.0%Net margin7
-0.0%Revenue growth, 20257
$15.8MFree cash flow7

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs99¢$284.4M
  • Income tax1¢$1.6M

Out of $285.9M in revenue.7 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending14¢$2.7M
  • Kept or used elsewhere86¢$15.8M

Out of $18.5M of cash from operations.7

Financial statements

Revenue8910117$285.9M in 2025+69% since 2019
0$100.0M$200.0M$300.0M2019: $169.2M$169.2M20192020: $213.8M$213.8M2020+26%2021: $248.4M$248.4M2021+16%2022: $268.4M$268.4M2022+8%2023: $276.6M$276.6M2023+3%2024: $286.1M$286.1M2024+3%2025: $285.9M$285.9M2025−0%
Operating income8910117-$12.5M in 2025+6% since 2019
-$150.0M-$100.0M-$50.0M02019: -$11.8M-$11.8M20192020: -$9.5M-$9.5M2020−19%2021: -$15.6M-$15.6M2021+63%2022: -$85.4M-$85.4M2022+449%2023: -$118.8M-$118.8M2023+39%2024: -$102.8M-$102.8M2024−13%2025: -$12.5M-$12.5M2025−88%
Net income8910117-$63.0M in 2025+169% since 2019
-$200.0M-$150.0M-$100.0M-$50.0M02019: -$23.4M-$23.4M20192020: -$35.2M-$35.2M2020+50%2021: -$24.8M-$24.8M2021−30%2022: -$106.2M-$106.2M2022+329%2023: -$167.0M-$167.0M2023+57%2024: -$146.1M-$146.1M2024−13%2025: -$63.0M-$63.0M2025−57%
Fiscal year2019202020212022202320242025
Revenue$169.2M8$213.8M8$248.4M9$268.4M10$276.6M11$286.1M7$285.9M7
Selling, general and admin$65.3M8$72.9M8$92.3M9$112.2M9
Operating expenses$142.6M9$224.7M10$266.8M11$262.7M7$170.4M7
Operating income-$11.8M8-$9.5M8-$15.6M9-$85.4M10-$118.8M11-$102.8M7-$12.5M7
Interest$24.8M8$23.5M8$23.3M9$31.4M9
Income before tax-$33.6M9-$116.6M9
Income tax-$12.9M8-$5.3M8-$8.8M9-$10.4M10-$4.2M11-$5.9M7-$1.6M7
Net income-$23.4M8-$35.2M8-$24.8M9-$106.2M10-$167.0M11-$146.1M7-$63.0M7
Earnings per share-$1.458-$1.968-$1.049-$1.4010-$9.9711-$7.597-$3.197
Earnings per share (diluted)-$1.458-$1.968-$1.049-$1.4010-$9.9711-$7.597-$3.197
Shares (weighted, basic)41.9M shares975.7M shares1016.8M shares1119.2M shares719.7M shares7
Shares (weighted, diluted)41.9M shares975.7M shares1016.8M shares1119.2M shares719.7M shares7

Compare KORE Wireless with another company

The story

KORE was founded in 2003.

Early in its history, KORE established connectivity partnerships with Rogers in Canada and AT&T in the U.S., providing LTE-M and other IoT services across both markets.

Wireless Matrix Corp selected KORE to provide the platform for fleet management across North America.

In 2010, Geotab selected KORE to enable it to expand its European telematics and fleet management products. KORE signed an agreement with both Vodafone and Iridium Communications to expand its MVNO M2M service to more than 180 countries in March 2011.

After launching the M2M consulting company KORE Systems, the company acquired all assets of nPhase from Verizon Wireless.

In May 2013, KORE became a founding member of the International M2M Council, with KORE's then COO Alex Brisbourne joining the council's board of governors. In November 2013, Inmarsat appointed KORE as its M2M distribution partner.

In March 2014, KORE acquired Jazz Wireless Data.

In November 2014, KORE announced that ABRY Partners would invest in the company and that KORE would acquire RacoWireless.

Read the full text

In April 2016, KORE acquired Wyless Group.

In December 2018, KORE announced its acquisition of Aspider.

In December 2019, KORE announced its acquisition of Integron, an IoT solutions and managed services provider.

In October 2021, KORE became a public company on the New York Stock Exchange after a merger with Cerberus Telecom Acquisition Corp., trading under the ticker symbol KORE.

In February 2022, KORE acquired Business Mobility Partners and SIMON IoT.

In June 2023, KORE acquired the IoT business unit from Twilio.

From Wikipedia’s article on KORE Wireless, shared under CC BY-SA 4.0.6

Leadership

Who has led KORE Wireless, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (24)

Former names

  • King Pubco, Inc.Apr 8, 2021 to Sep 30, 20215

Timeline

  1. May 7, 2024New chief executive Ronald Totton becomes CEO15
  2. Sep 30, 2021New chief executive Romil Bahl becomes CEO16
  3. 2003Founded Founded1

Filings

473 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 70 major events, 186 insider forms, 42 large holders, 153 other. The latest 20:

  1. Sep 8, 2026SCHEDULE 13G/A EDGAR
  2. Sep 3, 2026SCHEDULE 13G EDGAR
  3. Jul 31, 202615-12G EDGAR
  4. Jul 27, 2026SCHEDULE 13D/A EDGAR
  5. Jul 23, 20264 EDGAR
  6. Jul 23, 20264 EDGAR
  7. Jul 23, 20264 EDGAR
  8. Jul 23, 20264 EDGAR
  9. Jul 23, 20264 EDGAR
  10. Jul 23, 20264 EDGAR
  11. Jul 23, 20264 EDGAR
  12. Jul 23, 20264 EDGAR
  13. Jul 23, 20264 EDGAR
  14. Jul 23, 2026SCHEDULE 13G/A EDGAR
  15. Jul 22, 2026EFFECT EDGAR
  16. Jul 22, 2026EFFECT EDGAR
  17. Jul 22, 2026EFFECT EDGAR
  18. Jul 22, 2026EFFECT EDGAR
  19. Jul 21, 2026SCHEDULE 13D/A EDGAR
  20. Jul 21, 20264 EDGAR

The 473 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

35 open-market trades by officers, directors and large owners since October 2021: 32 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 14, 2025Totton RonaldPresident & CEOSale5,016$2.43$12.2KForm 4
Feb 9, 2024Winstone Louise PEVP, Chief HR OfficerSale9,184$0.95$8.7KForm 4
Dec 11, 2023TWILIO INC10% ownerSale5,000,000$0.57$2.9MForm 4
Nov 22, 2023Bahl RomilPres., Chief Executive OfficerBuy10,000$0.62$6.2KForm 4
Nov 21, 2023Bahl RomilPres., Chief Executive OfficerBuy2,514$0.60$1.5KForm 4
Nov 16, 2023Bahl RomilPres., Chief Executive OfficerBuy10,000$0.45$4.5KForm 4
Jun 6, 2023Bahl RomilPres., Chief Executive OfficerBuy10,000$1.44$14.4KForm 4
Jun 1, 2023Bahl RomilPres., Chief Executive OfficerBuy10,000$1.50$15.0KForm 4
May 26, 2023Bahl RomilPres., Chief Executive OfficerBuy10,000$1.52$15.2KForm 4
May 18, 2023MacInnis Robert PDirectorBuy54,500$1.64$89.4KForm 4
May 18, 2023Yosef-Or TomerDirectorBuy15,000$1.62$24.3KForm 4
May 17, 2023Yosef-Or TomerDirectorBuy592$1.34$793Form 4
May 17, 2023Bahl RomilPres., Chief Executive OfficerBuy10,000$1.46$14.6KForm 4
May 16, 2023Yosef-Or TomerDirectorBuy10,000$1.35$13.5KForm 4
May 16, 2023Kennedy Jack William Jr.EVP, Chief Legal Officer & SecBuy2,000$1.37$2.7KForm 4
May 15, 2023MacInnis Robert PDirectorBuy11,755$1.14$13.4KForm 4
May 12, 2023Bahl RomilPres., Chief Executive OfficerBuy10,000$1.14$11.4KForm 4
May 12, 2023Yosef-Or TomerDirectorBuy24,671$1.13$27.9KForm 4
May 12, 2023MacInnis Robert PDirectorBuy38,245$1.35$51.6KForm 4
Dec 21, 2022Kennedy Jack William Jr.EVP, Chief Legal Officer & SecBuy6,250$1.62$10.1KForm 4

All 35 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

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