Kore Investor Presentation Deck slide image

Kore Investor Presentation Deck

Q3'23 Financial Performance Revenue (In millions USD) loT Connectivity IoT Solutions Total revenue Gross Margin % IoT Connectivity IoT Solutions Overall Gross Margin % (Unaudited) Three Months Ended September 30, 2023 Revenue $55.2 13.4 $68.6 61.7% 26.9% 54.9% % 80% 20% 100% 18.9 million 18.7 million 96% 104% 2022 Revenue $43.4 22.7 $66.1 64.6% 28.6% 52.3% % 66% 34% 100% 15.3 million Period End Connections Average Connections Count for the Period DBNER¹ Adjusted DBNER² (1) DBNER is calculated by dividing trailing twelve-month revenue by prior year trailing twelve-month revenue for the same customer cohort in both periods. Excludes revenue from both non go-forward customers, and new customers that started generating revenue after the end of the base period (2) Adjusted DBNER excludes our largest customer KORE 15.3 milion 100% 106% (Unaudited) Nine Months Ended September 30, 2023 Revenue $147.0 57.1 $204.1 63.9% 30.1% 54.4% 18.9 million % 72% 28% 100% 16.8 million 96% 104% 2022 Revenue $133.5 72.5 $206.0 64.3% 27.3% 51.3% % 65% 35% 100% 15.3 million 15.2 million 100% 106% 19
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