PowerFleet, Gross Profit from 2010 to 2024

AIOT Stock   7.04  0.13  1.81%   
PowerFleet, Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 48.8 M in 2024. Gross Profit is the profit PowerFleet, makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
67.1 M
Current Value
48.8 M
Quarterly Volatility
19.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PowerFleet, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PowerFleet,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 M, Interest Expense of 2 M or Total Revenue of 99.3 M, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0211 or PTB Ratio of 0.84. PowerFleet, financial statements analysis is a perfect complement when working with PowerFleet, Valuation or Volatility modules.
  
Check out the analysis of PowerFleet, Correlation against competitors.
For more information on how to buy PowerFleet, Stock please use our How to Invest in PowerFleet, guide.

Latest PowerFleet,'s Gross Profit Growth Pattern

Below is the plot of the Gross Profit of PowerFleet, over the last few years. Gross profit is a required income statement account that reflects total revenue of PowerFleet, minus its cost of goods sold. It is profit before PowerFleet, operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. PowerFleet,'s Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PowerFleet,'s overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

PowerFleet, Gross Profit Regression Statistics

Arithmetic Mean34,212,043
Geometric Mean29,423,285
Coefficient Of Variation58.29
Mean Deviation17,750,052
Median20,927,000
Standard Deviation19,941,482
Sample Variance397.7T
Range48.8M
R-Value0.86
Mean Square Error109.7T
R-Squared0.74
Significance0.000035
Slope3,845,895
Total Sum of Squares5567.3T

PowerFleet, Gross Profit History

202448.8 M
202367.1 M
202265 M
202160.2 M
202059 M
201938.4 M
201825.8 M

Other Fundumenentals of PowerFleet,

PowerFleet, Gross Profit component correlations

0.97-0.40.7-0.880.950.960.990.840.840.820.610.970.45-0.820.5-0.160.680.66
0.97-0.330.57-0.850.910.980.990.820.750.730.740.980.28-0.770.290.010.530.46
-0.4-0.33-0.560.6-0.46-0.47-0.35-0.58-0.54-0.61-0.28-0.38-0.50.7-0.440.21-0.63-0.57
0.70.57-0.56-0.850.690.60.620.720.970.960.180.630.94-0.80.81-0.690.850.85
-0.88-0.850.6-0.85-0.87-0.87-0.84-0.94-0.94-0.96-0.57-0.9-0.680.96-0.560.29-0.82-0.72
0.950.91-0.460.69-0.870.950.930.770.820.820.570.930.47-0.830.54-0.170.70.7
0.960.98-0.470.6-0.870.950.970.820.760.760.710.970.32-0.830.320.030.620.53
0.990.99-0.350.62-0.840.930.970.80.780.750.690.970.34-0.770.37-0.060.580.53
0.840.82-0.580.72-0.940.770.820.80.830.850.510.880.54-0.940.48-0.190.720.64
0.840.75-0.540.97-0.940.820.760.780.830.990.370.80.84-0.870.74-0.560.820.81
0.820.73-0.610.96-0.960.820.760.750.850.990.370.790.85-0.910.74-0.530.860.83
0.610.74-0.280.18-0.570.570.710.690.510.370.370.71-0.07-0.47-0.190.380.220.01
0.970.98-0.380.63-0.90.930.970.970.880.80.790.710.38-0.850.38-0.040.640.57
0.450.28-0.50.94-0.680.470.320.340.540.840.85-0.070.38-0.650.87-0.830.790.84
-0.82-0.770.7-0.80.96-0.83-0.83-0.77-0.94-0.87-0.91-0.47-0.85-0.65-0.560.22-0.88-0.77
0.50.29-0.440.81-0.560.540.320.370.480.740.74-0.190.380.87-0.56-0.860.690.92
-0.160.010.21-0.690.29-0.170.03-0.06-0.19-0.56-0.530.38-0.04-0.830.22-0.86-0.37-0.62
0.680.53-0.630.85-0.820.70.620.580.720.820.860.220.640.79-0.880.69-0.370.91
0.660.46-0.570.85-0.720.70.530.530.640.810.830.010.570.84-0.770.92-0.620.91
Click cells to compare fundamentals

About PowerFleet, Financial Statements

PowerFleet, shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although PowerFleet, investors may analyze each financial statement separately, they are all interrelated. The changes in PowerFleet,'s assets and liabilities, for example, are also reflected in the revenues and expenses on on PowerFleet,'s income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit67.1 M48.8 M
Gross Profit Margin 0.50  0.38 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for PowerFleet, Stock Analysis

When running PowerFleet,'s price analysis, check to measure PowerFleet,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerFleet, is operating at the current time. Most of PowerFleet,'s value examination focuses on studying past and present price action to predict the probability of PowerFleet,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerFleet,'s price. Additionally, you may evaluate how the addition of PowerFleet, to your portfolios can decrease your overall portfolio volatility.