PWFL RSI Chart
Last 7 days
-2.6%
Last 30 days
3.3%
Last 90 days
21.6%
Trailing 12 Months
43.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 134.8M | 132.3M | 132.2M | 0 |
2022 | 130.4M | 131.4M | 136.5M | 135.2M |
2021 | 111.8M | 119.6M | 121.2M | 126.2M |
2020 | 99.1M | 108.6M | 119.3M | 113.6M |
2019 | 53.3M | 54.8M | 58.3M | 81.9M |
2018 | 44.0M | 47.0M | 50.0M | 53.1M |
2017 | 0 | 0 | 0 | 41.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 02, 2024 | jacobs ian | acquired | - | - | 4,351,350 | - |
Apr 02, 2024 | jacobs ian | acquired | - | - | 30,718 | - |
Sep 09, 2023 | towe steven mark | acquired | - | - | 900,000 | chief executive officer |
Jul 28, 2023 | brodsky michael | sold (taxes) | -25,542 | 2.74 | -9,322 | - |
Jul 28, 2023 | casey michael j | sold (taxes) | -25,542 | 2.74 | -9,322 | - |
Jul 28, 2023 | frumberg charles | sold (taxes) | -29,835 | 2.74 | -10,889 | - |
Jul 26, 2023 | frumberg charles | acquired | - | - | 20,562 | - |
Jul 26, 2023 | maoz elchanan | acquired | - | - | 20,562 | - |
Jul 26, 2023 | casey michael j | acquired | - | - | 20,562 | - |
Jul 26, 2023 | brodsky michael | acquired | - | - | 20,562 | - |
Which funds bought or sold PWFL recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 12, 2024 | CHICAGO TRUST Co NA | unchanged | - | 29,943 | 83,277 | 0.02% |
Apr 05, 2024 | GAMMA Investing LLC | new | - | 1,100 | 1,100 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | unchanged | - | 2,097,140 | 5,312,750 | -% |
Feb 22, 2024 | SIERRA SUMMIT ADVISORS LLC | new | - | 120,655 | 120,655 | 0.04% |
Feb 16, 2024 | HARBOUR INVESTMENTS, INC. | unchanged | - | 3.00 | 7.00 | -% |
Feb 15, 2024 | Potomac Capital Management, Inc. | reduced | -32.58 | 51,076 | 499,378 | 0.58% |
Feb 15, 2024 | JANE STREET GROUP, LLC | added | 190 | 152,438 | 192,584 | -% |
Feb 15, 2024 | State of Wyoming | sold off | -100 | -74,673 | - | -% |
Feb 14, 2024 | SYMMETRY PEAK MANAGEMENT LLC | new | - | 479,084 | 479,084 | 0.12% |
Feb 14, 2024 | PERRITT CAPITAL MANAGEMENT INC | added | 4.72 | 439,013 | 1,040,320 | 0.58% |
Unveiling Powerfleet Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Powerfleet Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSCO | 193.5B | 57.2B | 14.4 | 3.38 | ||||
ANET | 81.1B | 5.9B | 38.85 | 13.84 | ||||
HPQ | 27.1B | 53.1B | 7.95 | 0.51 | ||||
HPE | 22.1B | 29.1B | 10.93 | 0.76 | ||||
LOGI | 12.4B | 4.2B | 25.61 | 2.93 | ||||
JNPR | 11.7B | 5.6B | 37.86 | 2.11 | ||||
MID-CAP | ||||||||
UI | 6.4B | 1.9B | 17.23 | 3.42 | ||||
BDC | 3.4B | 2.5B | 13.94 | 1.35 | ||||
LITE | 2.8B | 1.4B | -10.62 | 1.97 | ||||
SMALL-CAP | ||||||||
EXTR | 1.4B | 1.3B | 17.86 | 1.06 | ||||
AAOI | 460.0M | 217.6M | -8.21 | 2.11 | ||||
ADTN | 367.9M | 1.1B | -1.37 | 0.32 | ||||
ALOT | 129.2M | 148.1M | 27.52 | 0.87 | ||||
AIRG | 57.9M | 56.0M | -4.66 | 1.03 | ||||
AKTS | 49.3M | 29.7M | -0.71 | 1.66 |
Powerfleet Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 6.7% | 34,195 | 32,050 | 32,839 | 33,114 | 34,288 | 34,594 | 33,161 | 34,423 | 29,246 | 33,548 | 28,991 | 29,427 | 27,602 | 25,765 | 30,799 | 35,146 | 16,884 | 16,274 | 13,611 | 11,491 | 13,385 |
Gross Profit | 6.7% | 17,115 | 16,033 | 16,618 | 16,361 | 17,181 | 16,230 | 14,399 | 15,403 | 14,265 | 16,045 | 14,470 | 15,185 | 14,923 | 14,043 | 14,866 | 16,645 | 7,630 | 7,071 | 7,018 | 6,124 | 6,797 |
Operating Expenses | 6.3% | 20,372 | 19,166 | 18,510 | 17,607 | 18,399 | 17,818 | 18,141 | 18,911 | 16,694 | 16,200 | 16,353 | 15,281 | 14,171 | 14,748 | 18,275 | 19,517 | 9,756 | 9,630 | 9,219 | - | 7,617 |
S&GA Expenses | 5.9% | 17,988 | 16,987 | 16,787 | 15,608 | 16,664 | 15,817 | 14,912 | 16,112 | 13,959 | 13,421 | 13,608 | 12,973 | 11,636 | 12,166 | 15,103 | 16,448 | 6,321 | 5,993 | 6,110 | 7,061 | 5,921 |
R&D Expenses | 9.4% | 2,384 | 2,179 | 1,723 | 1,999 | 1,735 | 2,001 | 3,229 | 2,799 | 2,735 | 2,779 | 2,745 | 2,308 | 2,535 | 2,582 | 3,172 | 3,032 | 1,824 | 2,024 | 1,660 | 1,882 | 1,696 |
EBITDA Margin | -15.8% | 0.05* | 0.06* | 0.08* | 0.01* | -0.01* | -0.01* | -0.02* | -0.01* | 0.02* | 0.05* | 0.05* | 0.03* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -164.7% | -154 | 238 | 383 | 46.00 | -331 | 313 | 326 | 345 | 372 | 373 | 384 | 834 | 817 | 789 | 145 | 1,317 | 10.00 | - | - | - | 34.00 |
Income Taxes | 571.8% | 262 | 39.00 | 397 | 189 | 770 | 40.00 | -703 | 1,906 | 161 | 67.00 | 473 | -144 | 529 | 460 | 193 | 75.00 | - | - | - | - | - |
Earnings Before Taxes | -16.4% | -3,412 | -2,932 | 5,163 | -1,468 | -1,529 | -77.00 | -3,630 | -4,813 | -3,188 | -1,371 | -1,314 | -2,502 | -55.00 | -2,167 | -3,248 | -4,178 | -2,099 | -2,585 | -2,194 | - | - |
EBT Margin | -245.9% | -0.02* | -0.01* | 0.02* | -0.05* | -0.07* | -0.09* | -0.10* | -0.08* | -0.07* | -0.04* | -0.05* | -0.07* | - | - | - | - | - | - | - | - | - |
Net Income | -61333.3% | -3,674 | 6.00 | -3.00 | -3,180 | -2,300 | 1.00 | 1.00 | -6,839 | -3,345 | -1.00 | -2,983 | -5,383 | -590 | -1.00 | -15.00 | -5,169 | -2,099 | -2,585 | -2,194 | -2,809 | -897 |
Net Income Margin | -25.2% | -0.05* | -0.04* | -0.04* | -0.04* | -0.07* | -0.08* | -0.08* | -0.10* | -0.10* | -0.07* | -0.08* | -0.05* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -278.8% | -1,572 | -415 | 1,755 | 2,471 | 986 | -575 | -2,125 | -3,772 | -4,450 | 2,419 | 784 | 3,555 | - | - | - | - | - | - | - | - | - |
Balance Sheet | |||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2018Q4 |
Assets | -0.5% | 216 | 217 | 223 | 217 | 220 | 223 | 226 | 230 | 228 | 233 | 232 | 220 | 214 | 217 | 216 | 223 | 63.00 | 58.00 |
Current Assets | 0.1% | 83.00 | 83.00 | 88.00 | 81.00 | 84.00 | 85.00 | 85.00 | 88.00 | 89.00 | 93.00 | 90.00 | 65.00 | 69.00 | 69.00 | 67.00 | 71.00 | 37.00 | 33.00 |
Cash Equivalents | -11.2% | 19.00 | 22.00 | 25.00 | 18.00 | 17.00 | 18.00 | 21.00 | 26.00 | 34.00 | 40.00 | 41.00 | 18.00 | 21.00 | 21.00 | 17.00 | 16.00 | 6.00 | 10.00 |
Inventory | -4.8% | 21.00 | 22.00 | 23.00 | 22.00 | 24.00 | 24.00 | 20.00 | 18.00 | 16.00 | 13.00 | 13.00 | 13.00 | 14.00 | 15.00 | 15.00 | 16.00 | 10.00 | 5.00 |
Net PPE | 0.0% | 10.00 | 10.00 | 10.00 | 9.00 | 9.00 | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 | 9.00 | 7.00 | 7.00 | 7.00 | 8.00 | 2.00 | 2.00 |
Goodwill | 0% | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 89.00 | 89.00 | 89.00 | 89.00 | 73.00 | 7.00 |
Liabilities | 4.8% | 77.00 | 73.00 | 76.00 | 77.00 | 79.00 | 80.00 | 83.00 | 85.00 | 77.00 | 78.00 | 77.00 | 88.00 | 84.00 | 87.00 | 89.00 | 91.00 | 36.00 | 26.00 |
Current Liabilities | 8.6% | 49.00 | 45.00 | 46.00 | 46.00 | 47.00 | 47.00 | 45.00 | 44.00 | 40.00 | 40.00 | 37.00 | 36.00 | 38.00 | 40.00 | 43.00 | 43.00 | 26.00 | 17.00 |
Short Term Borrowings | 8.4% | 12.00 | 11.00 | 9.00 | 10.00 | 9.00 | 8.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 4.00 | 4.00 | 3.00 | - | - |
Long Term Debt | -3.2% | 10.00 | 10.00 | 11.00 | 11.00 | 12.00 | 13.00 | 16.00 | 18.00 | 19.00 | 20.00 | 21.00 | 23.00 | 23.00 | 24.00 | 25.00 | 27.00 | - | - |
LT Debt, Non Current | -3.2% | 10.00 | 10.00 | 11.00 | 11.00 | 12.00 | 13.00 | 16.00 | 18.00 | 19.00 | 20.00 | 21.00 | 23.00 | 23.00 | 24.00 | 25.00 | 27.00 | - | - |
Shareholder's Equity | -5.8% | 80.00 | 85.00 | 89.00 | 83.00 | 85.00 | 87.00 | 89.00 | 92.00 | 99.00 | 102 | 103 | 79.00 | 80.00 | 80.00 | 78.00 | 84.00 | 28.00 | 32.00 |
Retained Earnings | -2.6% | -143 | -139 | -136 | -141 | -139 | -137 | -137 | -134 | -127 | -124 | -122 | -121 | -118 | -118 | -115 | -112 | -108 | -101 |
Additional Paid-In Capital | -0.1% | 234 | 234 | 234 | 234 | 234 | 234 | 233 | 234 | 234 | 234 | 234 | 206 | 206 | 206 | 202 | 202 | 142 | 139 |
Shares Outstanding | 2.6% | 37.00 | 36.00 | 36.00 | 36.00 | 36.00 | 35.00 | 35.00 | 36.00 | 36.00 | 36.00 | 36.00 | 31.00 | 30.00 | - | - | - | - | - |
Minority Interest | 0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.04 | -0.04 | -0.04 | -0.01 | - | - |
Float | - | - | - | - | - | - | 76.00 | - | - | - | 238 | - | - | - | 131 | - | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -278.8% | -1,572 | -415 | 1,755 | 2,471 | 986 | -575 | -2,125 | -3,772 | -4,450 | 2,419 | 784 | 3,555 | 878 | 1,658 | 2,757 | -2,964 | -2,023 | -666 | -1,616 | - | - |
Share Based Compensation | 29.2% | 1,101 | 852 | 832 | 1,187 | 1,070 | 1,629 | 457 | 1,296 | 928 | 1,095 | 1,357 | 1,064 | 1,028 | 1,012 | 1,155 | 2,062 | 548 | 601 | 583 | - | - |
Cashflow From Investing | 21.8% | -1,568 | -2,005 | 6,842 | -1,837 | -1,988 | -1,403 | -610 | -864 | -1,080 | -857 | -597 | -1,252 | -1,259 | -332 | -455 | -65,172 | -655 | -865 | 1,208 | - | - |
Cashflow From Financing | -192.0% | -287 | 312 | -1,374 | 241 | 230 | 925 | -1,678 | -3,453 | -2,349 | -2,325 | 24,338 | -6,275 | -458 | 3,267 | -480 | 78,759 | -46.00 | 158 | -226 | - | - |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 232 | 26.00 | 46.00 | 19.00 | 226 | - | - |
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Revenues: | ||||
Total revenues | $ 34,195 | $ 34,288 | $ 99,084 | $ 102,043 |
Cost of revenues: | ||||
Total cost of revenues | 17,080 | 17,107 | 49,317 | 54,233 |
Gross profit | 17,115 | 17,181 | 49,767 | 47,810 |
Operating expenses: | ||||
Selling, general and administrative expenses | 17,988 | 16,664 | 51,763 | 47,393 |
Research and development expenses | 2,384 | 1,735 | 6,285 | 6,965 |
Total operating expenses | 20,372 | 18,399 | 58,048 | 54,358 |
Loss from operations | (3,257) | (1,218) | (8,281) | (6,548) |
Interest income | 23 | 20 | 69 | 48 |
Interest expense, net | (154) | (331) | (464) | 1,262 |
Bargain purchase - Movingdots | 7,517 | |||
Other (expense) income, net | (24) | (22) | 1 | |
Net loss before income taxes | (3,412) | (1,529) | (1,181) | (5,237) |
Income tax expense | (262) | (770) | (698) | (107) |
Net loss before non-controlling interest | (3,674) | (2,299) | (1,879) | (5,344) |
Non-controlling interest | (1) | (3) | (3) | |
Net loss | (3,674) | (2,300) | (1,882) | (5,347) |
Accretion of preferred stock | (167) | (168) | (503) | (504) |
Preferred stock dividend | (1,128) | (1,067) | (3,364) | (3,143) |
Net loss attributable to common stockholders | $ (4,969) | $ (3,535) | $ (5,749) | $ (8,994) |
Net loss per share attributable to common stockholders - basic | $ (0.14) | $ (0.10) | $ (0.16) | $ (0.25) |
Net loss per share attributable to common stockholders - diluted | $ (0.14) | $ (0.10) | $ (0.16) | $ (0.25) |
Weighted average common shares outstanding - basic | 35,653 | 35,406 | 35,602 | 35,375 |
Weighted average common shares outstanding - diluted | 35,653 | 35,406 | 35,602 | 35,375 |
Product [Member] | ||||
Revenues: | ||||
Total revenues | $ 13,147 | $ 14,021 | $ 36,563 | $ 43,231 |
Cost of revenues: | ||||
Total cost of revenues | 8,843 | 9,839 | 26,394 | 33,152 |
Service [Member] | ||||
Revenues: | ||||
Total revenues | 21,048 | 20,267 | 62,521 | 58,812 |
Cost of revenues: | ||||
Total cost of revenues | $ 8,237 | $ 7,268 | $ 22,923 | $ 21,081 |
Condensed Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 | [1] | ||
---|---|---|---|---|---|
Current assets: | |||||
Cash and cash equivalents | $ 19,297 | $ 17,680 | |||
Restricted cash | 310 | 309 | |||
Accounts receivable, net of allowance for credit losses of $2,567 and $2,677 in 2022 and 2023, respectively | 33,606 | 32,493 | |||
Inventory, net | 21,055 | 22,272 | |||
Deferred costs - current | 191 | 762 | |||
Prepaid expenses and other current assets | 8,721 | 7,709 | |||
Total current assets | 83,180 | 81,225 | |||
Fixed assets, net | 10,222 | 9,249 | |||
Goodwill | 83,487 | 83,487 | |||
Intangible assets, net | 21,157 | 22,908 | |||
Right of use asset | 6,490 | 7,820 | |||
Severance payable fund | 3,427 | 3,760 | |||
Deferred tax asset | 1,915 | 3,225 | |||
Other assets | 6,228 | 5,761 | |||
Total assets | 216,106 | 217,435 | |||
Current liabilities: | |||||
Short-term bank debt and current maturities of long-term debt | 12,137 | 10,312 | |||
Accounts payable and accrued expenses | 28,109 | 26,598 | |||
Deferred revenue - current | 6,101 | 6,363 | |||
Lease liability - current | 2,286 | 2,441 | |||
Total current liabilities | 48,633 | 45,714 | |||
Long-term debt, less current maturities | 9,617 | 11,403 | |||
Deferred revenue - less current portion | 4,804 | 4,390 | |||
Lease liability - less current portion | 4,415 | 5,628 | |||
Accrued severance payable | 4,142 | 4,365 | |||
Deferred tax liability | 4,283 | 4,919 | |||
Other long-term liabilities | 649 | 636 | |||
Total liabilities | 76,543 | 77,055 | |||
Commitments and Contingencies (note 22) | |||||
MEZZANINE EQUITY | |||||
Convertible redeemable preferred stock: Series A – 100 shares authorized, $0.01 par value; 59 and 60 shares issued and outstanding at December 31, 2022 and September 30, 2023 | 59,176 | 57,565 | |||
Preferred stock; authorized 50,000 shares, $0.01 par value; | |||||
Common stock; authorized 75,000 shares, $0.01 par value; 37,605 and 38,699 shares issued at December 31, 2022 and September 30, 2023, respectively; shares outstanding, 36,170 and 37,214 at December 31, 2022 and September 30, 2023, respectively | 387 | 376 | |||
Additional paid-in capital | 233,811 | 233,521 | |||
Accumulated deficit | (143,322) | (141,440) | |||
Accumulated other comprehensive loss | (1,904) | (1,210) | |||
Treasury stock; 1,435 and 1,485 common shares at cost at December 31, 2022 and September 30, 2023, respectively | (8,648) | (8,510) | |||
Total PowerFleet, Inc. stockholders’ equity | 80,324 | 82,737 | |||
Non-controlling interest | 63 | 78 | |||
Total equity | 80,387 | 82,815 | |||
Total liabilities and stockholders’ equity | $ 216,106 | $ 217,435 | |||
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