KORE Group Revenue vs. Profit Margin
| KORE Stock | USD 1.60 0.10 5.88% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 276.6 M | Current Value 258.8 M | Quarterly Volatility 43 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.61 | 0.5352 |
|
|
For KORE Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KORE Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KORE Group Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KORE Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KORE Group Holdings over time as well as its relative position and ranking within its peers.
KORE |
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KORE Group. If investors know KORE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KORE Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.00) | Revenue Per Share 15.421 | Quarterly Revenue Growth (0.02) | Return On Assets (0.04) | Return On Equity (3.37) |
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE that is recorded on the company's balance sheet. Investors also form their own opinion of KORE Group's value that differs from its market value or its book value, called intrinsic value, which is KORE Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KORE Group's market value can be influenced by many factors that don't directly affect KORE Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KORE Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if KORE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KORE Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
KORE Group Holdings Profit Margin vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KORE Group's current stock value. Our valuation model uses many indicators to compare KORE Group value to that of its competitors to determine the firm's financial worth. KORE Group Holdings is rated below average in revenue category among its peers. It also is rated below average in profit margin category among its peers . At present, KORE Group's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value KORE Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.KORE Revenue vs. Competition
KORE Group Holdings is rated below average in revenue category among its peers. Market size based on revenue of Communication Services industry is now estimated at about 193.37 Trillion. KORE Group adds roughly 276.61 Million in revenue claiming only tiny portion of stocks in Communication Services industry.
KORE Profit Margin vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
KORE Group |
| = | 276.61 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
KORE Group |
| = | (0.74) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
KORE Profit Margin Comparison
KORE Group is currently under evaluation in profit margin category among its peers.
KORE Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in KORE Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KORE Group will eventually generate negative long term returns. The profitability progress is the general direction of KORE Group's change in net profit over the period of time. It can combine multiple indicators of KORE Group, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -6.1 M | -6.4 M | |
| Net Interest Income | -42.7 M | -44.8 M | |
| Operating Income | 9.8 M | 10.3 M | |
| Net Loss | -167 M | -158.7 M | |
| Income Before Tax | -171.2 M | -162.6 M | |
| Total Other Income Expense Net | -181 M | -172 M | |
| Net Loss | -95.6 M | -90.8 M | |
| Net Loss | -167 M | -158.7 M | |
| Income Tax Expense | -4.2 M | -4.4 M | |
| Interest Income | 552 K | 558.8 K | |
| Non Operating Income Net Other | 228.6 K | 203.2 K | |
| Change To Netincome | 60.2 M | 63.2 M | |
| Net Loss | (9.97) | (10.46) | |
| Income Quality | 0.04 | 0.04 | |
| Net Income Per E B T | 0.98 | 0.66 |
KORE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KORE Group. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of KORE Group position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the KORE Group's important profitability drivers and their relationship over time.
Use KORE Group in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KORE Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KORE Group will appreciate offsetting losses from the drop in the long position's value.KORE Group Pair Trading
KORE Group Holdings Pair Trading Analysis
The ability to find closely correlated positions to KORE Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KORE Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KORE Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KORE Group Holdings to buy it.
The correlation of KORE Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KORE Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KORE Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KORE Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your KORE Group position
In addition to having KORE Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Growth Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
To fully project KORE Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KORE Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include KORE Group's income statement, its balance sheet, and the statement of cash flows.