Powerfleet, Inc. (formerly I.D. Systems, Inc.) is an American company headquartered in Woodcliff Lake, New Jersey, that operates as a global provider of IoT and M2M solutions for securing, controlling, and tracking high-value enterprise assets. The company is a provider in the international telematics industry, providing fleet management, asset tracking, freight visibility, and driver behavior monitoring for industrial trucks, vehicle fleets, and shipping containers.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| AIOT | Powerfleet, Inc. | 2025-10-30 20:02:03 | 4.99 | 0.02 | 0.4 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AIOT | 0001774170 | Powerfleet, Inc. | US73931J1097 | 2549007NKEFPYEH4MF81 | 834366463 | Nasdaq | 3669 | Communications Equipment, NEC | 0331 | DE | 123 TICE BLVD. | WOODCLIFF LAKE | NJ | 07677 | UNITED STATES | US | 201-996-9000 | 123 TICE BLVD., WOODCLIFF LAKE, NJ, 07677 | 123 TICE BLVD., WOODCLIFF LAKE, NJ, 07677 | — | — | 1993 | Steve Towe | 2,500 | https://www.powerfleet.com/ | 523,200,000 | 135,506,000 | 133,443,292 | Powerfleet, Inc. (formerly I.D. Systems, Inc.) is an American company headquartered in Woodcliff Lake, New Jersey, that operates as a global provider of IoT and M2M solutions for securing, controlling, and tracking high-value enterprise assets. The company is a provider in the international telematics industry, providing fleet management, asset tracking, freight visibility, and driver behavior monitoring for industrial trucks, vehicle fleets, and shipping containers. | 2025-10-30 14:52:33 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 523,200,000 | 63,600,000 | 13.8381 | 133,370,542 | 25,792,532 | 23.9757 |
| 2024 | 459,600,000 | 353,800,000 | 334.4045 | 107,578,010 | 228,023 | 0.2124 |
| 2023 | 105,800,000 | 30,100,000 | 39.7622 | 107,349,987 | 71,260,704 | 197.4567 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Jim Zeitunian | Chief Technology Officer | 2023 | 250,000 | 0 | 0 | 63,125 | — | 313,125 |
| David Wilson | Chief Financial Officer | 2023 | 350,000 | 0 | 196,500 | 132,563 | — | 1,239,960 |
| Steve Towe | Chief Executive Officer | 2023 | 425,000 | 216,667 | 2,178,000 | 214,625 | — | 3,034,292 |
| Steve Towe | Chief Executive Officer | 2022 | 425,000 | 216,667 | 962,000 | 228,013 | 0 | 3,023,067 |
| Patrick Maley | Chief Revenue Officer | 2022 | 286,506 | 0 | 213,750 | 187,775 | 0 | 903,356 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 2,518 |
| 2023 | 780 |
| 2022 | 795 |
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 362,515,000 | 133,736,000 | 135,157,000 |
| Cost Of Revenue | 167,978,000 | 66,660,000 | 70,986,000 |
| Gross Profit | 194,537,000 | 67,076,000 | 64,171,000 |
| Research And Development Expenses | 16,061,000 | 8,380,000 | 8,964,000 |
| General And Administrative Expenses | 204,361,000 | 71,253,000 | 63,001,000 |
| Operating Expenses | 220,422,000 | 79,633,000 | 71,965,000 |
| Operating Income | -25,885,000 | -12,557,000 | -7,794,000 |
| Net Income | -50,987,000 | -5,675,000 | -7,003,000 |
| Earnings Per Share Basic | -0.43 | -0.49 | -0.34 |
| Earnings Per Share Diluted | -0.43 | -0.49 | — |
| Weighted Average Shares Outstanding Basic | 119,877,000 | 35,628 | 35,393,000 |
| Weighted Average Shares Outstanding Diluted | 119,877,000 | 35,628 | — |
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 44,392,000 | 19,022,000 | 17,680,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 78,623,000 | 32,440,000 | 32,493,000 |
| Inventories | 18,350,000 | 22,602,000 | 22,272,000 |
| Non Trade Receivables | 553,000 | — | — |
| Other Assets Current | 253,000 | 1,400,000 | 1,370,000 |
| Total Assets Current | 169,080,000 | 82,025,000 | 81,225,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 58,011,000 | 12,383,000 | 9,249,000 |
| Other Assets Non Current | 21,183,000 | 6,916,000 | 5,761,000 |
| Total Assets Non Current | 58,011,000 | 12,383,000 | 9,249,000 |
| Total Assets | 910,071,000 | 217,746,000 | 217,435,000 |
| Accounts Payable | 41,599,000 | 19,235,000 | 14,751,000 |
| Deferred Revenue | 17,375,000 | 5,666,000 | 6,363,000 |
| Short Term Debt | 41,632,000 | 21,091,000 | 10,312,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | 151,009,000 | 58,556,000 | 45,714,000 |
| Long Term Debt | 237,511,000 | — | 16,006,000 |
| Other Liabilities Non Current | 3,021,000 | 2,422,000 | 636,000 |
| Total Liabilities Non Current | 312,320,000 | 21,269,000 | 31,341,000 |
| Total Liabilities | 463,329,000 | 79,825,000 | 77,055,000 |
| Common Stock | 1,343,000 | 387,000 | 376,000 |
| Retained Earnings | -205,783,000 | -146,281,000 | -141,440,000 |
| Accumulated Other Comprehensive Income | -8,850,000 | -616,000 | -1,210,000 |
| Total Shareholders Equity | 446,592,000 | 57,542,000 | 82,737,000 |
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 19,876,000 | 3,876,000 | 3,183,000 |
| Share Based Compensation Expense | 9,362,000 | 3,908,000 | 4,343,000 |
| Other Non Cash Income Expense | -1,061,000 | -103,000 | -707,000 |
| Change In Accounts Receivable | 14,048,000 | 1,460,000 | 1,638,000 |
| Change In Inventories | -5,729,000 | 1,743,000 | 4,473,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -12,162,000 | 4,440,000 | -484,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | -3,345,000 | 4,397,000 | 757,000 |
| Purchases Of Marketable Securities | 0 | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 20,008,000 | 3,464,000 | 3,519,000 |
| Acquisition Of Business | 137,112,000 | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -170,596,000 | 1,529,000 | -5,838,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 2,836,000 | — | — |
| Issuance Of Long Term Debt | 125,000,000 | — | — |
| Repayment Of Long Term Debt | 2,642,000 | 4,408,000 | 5,659,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 115,722,000 | -3,706,000 | -282,000 |
| Change In Cash | -60,876,000 | 1,343,000 | -8,771,000 |
| Cash At End Of Period | 44,392,000 | 19,022,000 | 17,680,000 |
| Income Taxes Paid | 4,283,000 | 175,000 | 63,000 |
| Interest Paid | 15,335,000 | 1,656,000 | 1,308,000 |
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | -0.43 | -0.49 | -0.34 |
| Price To Earnings Ratio | -12.7674 | -6.9796 | -7.9118 |
| Earnings Growth Rate | -12.2449 | 44.1176 | — |
| Price Earnings To Growth Ratio | 1.0427 | -0.1582 | — |
| Book Value Per Share | 3.7267 | 3,871.1407 | 3.9663 |
| Price To Book Ratio | 1.4732 | 0.0009 | 0.6782 |
| Ebitda | -6,498,000 | -3,226,000 | -4,751,000 |
| Enterprise Value | 892,875,730 | — | 103,845,170 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.6251 | — | 0.3181 |
| Capital Expenditures | 65,504,000 | 7,010,000 | 3,444,000 |
| Free Cash Flow | -68,849,000 | -2,613,000 | -2,687,000 |
| Return On Equity | -0.1142 | -0.0986 | -0.0846 |
| One Year Beta | 2.1094 | 1.2417 | 0.5309 |
| Three Year Beta | 0.9062 | 0.7421 | 0.8701 |
| Five Year Beta | 0.9706 | 0.8749 | 0.7905 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| McConnell Michael J | Director | 2025-08-18 | 10,000 | A | 28,028 |
| Towe Steven Mark | Director, Chief Executive Officer | 2025-08-14 | 23,157 | A | 2,457,923 |
| Ingram Melissa Rose | — | 2025-03-30 | 76,709 | A | 120,275 |
| Ingram Melissa Rose | — | 2025-03-30 | 153,417 | A | 273,692 |
| Powell Michael Joseph | Chief Innovation Officer | 2025-03-30 | 26,371 | A | 26,371 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| TEACHER RETIREMENT SYSTEM OF TEXAS | 2025-09-30 | 82,352 | 15,716 | 5.24 |
| AMALGAMATED BANK | 2025-09-30 | 18,000 | 3,448 | 5.2204 |
| AMH Equity Ltd | 2025-09-30 | 4,716,000 | 900,000 | 5.24 |
| BFSG, LLC | 2025-09-30 | 210,140 | 40,103 | 5.24 |
| State of Alaska, Department of Revenue | 2025-09-30 | 31,000 | 6,059 | 5.1164 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Global X Funds | 2025-08-31 | Global X Internet of Things ETF | SNSR | 133,534 | 623,603.78 | 0.2779 |
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT Extended Market Index Fund - Class A | SMXAX | 14,900 | 69,583 | 0.0057 |
| Northern Lights Fund Trust IV | 2025-08-31 | Inspire Small/Mid Cap ETF | ISMD | 91,859 | 428,981.53 | 0.1951 |
| Exchange Place Advisors Trust | 2025-08-31 | Class I | NKMCX | 53,786 | 251,180.62 | 0.8734 |
| PROSHARES TRUST | 2025-08-31 | ProShares Ultra Russell2000 | UWM | 12,581 | 58,753.27 | 0.0161 |