KORE(US:KORE)2026-03-30 22:33Financial Performance - Revenue for Q4 2025 was $73.9 million, roughly flat compared to the same period last year, while Total Connections increased to 20.9 million, up 6% from 19.7 million[4] - Net Loss for Q4 2025 decreased to $18.5 million, an improvement of $7.0 million or 27% from the same period last year[4] - Adjusted EBITDA for Q4 2025 increased to $17.7 million, up $3.7 million or 26% from the same period last year[4] - Full year revenue totaled $285.9 million, compared to $286.1 million one year ago[4] - Net Loss for the full year was $63.0 million, an improvement of $83.1 million or 57% from $146.1 million one year ago[4] - Adjusted EBITDA for the full year was $63.3 million, an increase of $10.2 million or 19% from the previous year[4] Cash Flow and Expenditures - Free Cash Flow for the full year was $8.9 million, an improvement of $12.4 million year over year[4] - Net cash provided by operating activities for Q4 2025 was $10,449,000, compared to $2,057,000 in Q4 2024, representing a significant increase[22] - Free Cash Flow for Q4 2025 reached $7,844,000, up from $1,562,000 in Q4 2024[22] - For the twelve months ended December 31, 2025, net cash provided by operating activities was $18,487,000, compared to $9,123,000 in 2024, indicating strong operational performance[22] - The company achieved a Free Cash Flow of $8,897,000 for the full year 2025, a turnaround from a negative Free Cash Flow of $(3,549,000) in 2024[22] - Total capital expenditures for the twelve months ended December 31, 2025 were $9,590,000, down from $12,672,000 in 2024[22] Business Developments - The company entered into a Merger Agreement with KONA Parent, L.P. for an all-cash transaction with an enterprise value of approximately $726 million[6] - Total Connections for the full year remained at 20.9 million, consistent with the end of Q4 2025[5] - IoT Connectivity revenue for Q4 2025 was $57.2 million, representing 78% of total revenue[5]