Kore Investor Presentation Deck
Well-diversified Revenue Across Blue-chip Customer Base
with Truly Global Coverage
No customer represented more than 6.0% of total gross profit for 2022
Outside of Customer 1, a KORE customer for 10+ years, and Customer 2, no customer contributes more than 4.0% of total revenue
• Customer 1's revenue contribution in 2022 is elevated due to a large LTE transition project, which is now complete
Excluding the large LTE transition project, Customer 1 was ~7.0% of 2022 revenue
Revenue by Customers¹
●
●
63.7%
Customer 1
Customer 3
■Customer 5
1 As of 12/31/2022
KORE
11.1%
8.3%
9.2%
3.3%
2.2%
2.1%
Customer 2
Customer 4
Customers 6-10
Cross-Selling Among
Top 10 Customers¹
30.0%
40.0%
■1 Solution
■2 Solutions
30.0%
■>2 Solutions
Serving Customers Across
Recession Resilient Markets¹
17.2%
42.3%
13.0%
10.9%
16.6%
■ Connected Health Fleet Management
■Asset Monitoring ■ Communication Services
Industrial loT & Other
Revenue by Region¹
21.2%
■ US
Customer 1 & 2 represent 6.0% and 4.8% of total gross profit, respectively, for 2022
78.8%
Rest of World
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