Financial Performance - Revenue increased by $34 million, a 5% increase, reaching $713 million in Q2 2025 compared to $679 million in Q2 2024[20] - Net loss decreased significantly by $667 million, reaching $169 million in Q2 2025 compared to $836 million in Q2 2024[20] - Adjusted EBITDA increased by $53 million, reaching $167 million in Q2 2025 compared to $114 million in Q2 2024[20] - Cash from Operations increased slightly by $01 million to $41 million in Q2 2025[23] - Free Cash Flow increased by $17 million to $16 million in Q2 2025[23] Business Growth - Total connections increased by 8% to 201 million[29] - Total Pipeline for Estimated Annual Recurring Revenue (eARR) increased to $846 million[34] - eARR- Closed Won for the quarter increased to $102 million[34] Financial Metrics - IoT Connectivity revenue increased by $03 million[29] - For the six months ended June 30, DBNER increased by 700 basis points to 99%[40] 2025 Guidance - The company maintained its 2025 revenue guidance of $288 million to $298 million[45] - The company maintained its 2025 Adjusted EBITDA guidance of $62 million to $67 million[45] - The company maintained its 2025 Free Cash Flow guidance of $10 million to $14 million[45]
KORE(KORE) - 2025 Q2 - Earnings Call Presentation