PowerFleet, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-20.6M | $-51.0M | $-5.7M | $-6.8M | $-12.8M | $-9.0M | $-11.0M | $-5.8M |
| Depreciation & Amortization | $60.3M | $47.5M | $9.4M | $8.3M | $8.6M | $8.4M | $3.3M | $1.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $37.0M | $27.6M | $5.6M | $5.1M | $5.2M | $5.3M | $2.0M | $712.0K |
| Stock-Based Compensation | $7.5M | $9.4M | $3.9M | $4.3M | $4.7M | $4.3M | $3.8M | $2.2M |
| Net Cash from Operating Activities | $30.5M | $-3.3M | $4.4M | $1.2M | $-5.4M | $8.8M | $-7.3M | $-1.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $21.6M | $20.0M | $3.5M | $4.0M | $2.4M | $3.2M | $1.0M | $251.0K |
| Business Acquisitions | $-55.0K | $137.1M | $-8.7M | $0 | — | — | $69.0M | — |
| Net Cash from Investing Activities | $-39.7M | $-170.6M | $1.5M | $-6.3M | $-3.0M | $-3.3M | $-65.5M | $6.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $2.8M | $141.0K | $211.0K | — | — | $317.0K | $652.0K |
| Net Cash from Financing Activities | $151.0K | $115.7M | $-3.7M | $-282.0K | $16.2M | $-3.9M | $78.6M | $69.0K |
| Net Change in Cash | $-8.0M | $-60.9M | $1.3M | $-8.8M | $8.3M | $1.7M | $6.2M | $5.1M |
| Free Cash Flow | $8.8M | $-23.4M | $933.0K | $-2.8M | $-7.8M | $5.7M | $-8.3M | $-2.0M |