Kore SPAC Presentation Deck
KORE at a glance
Leading global, independent provider of mission critical loT solutions
Who We Are
Why We Win
Key
Attributes
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KORE is a market leader in enabling end-to-end loT solutions for enterprises
Trusted advisor, enabling our customers to Deploy, Manage and Scale their loT solutions
Blue chip customer base including market leading Fortune 500 enterprises and innovative solutions providers across high
growth verticals such as connected health, industrial loT, asset monitoring, fleet management and comms. services
Proprietary IP-based services: Connectivity, Solutions & Analytics
✓ Market leading loT knowledge and experience to help navigate the complex loT ecosystem
Global independent loT connectivity and solutions enabler with an integrated network of key partners
Global Scale (as of 12/31/20)
190+ countries coverage
44 carrier integrations
~12M devices managed
3,600+ customers
500+ employees
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Forecasted Visibility & Profitability
Revenue $238M¹
92%+ recurring revenue²
Average 90%+ revenue visibility
through 20233
57% Gross Margin¹
28% EBITDA Margin¹
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Compelling Growth Opportunities
loT, ESIM and 5G use cases present
massive opportunity
Strong track record of highly
accretive M&A
Highly scalable KORE One platform
positions company for growth
Note: Financials represent KORE's projections developed for the purposes of this presentation. (1) Represents 2022E Forecast financials. (2) Recurring revenues include connectivity and programmatic loT Solutions revenue.
(3) Revenue visibility is based on the installed base which includes customers which had a signed contract with KORE by the end of 2020, normalized for one time churn customers from the acquisition of Raco and Wyless
KORE
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