Credit and interest ratesnegative · 5 filings
“The 2026 balance was primarily driven by $5.6 million in repayments of long-term debt and $5.7 million in proceeds from short-term bank borrowings.”10-K · Jun 15, 2026 ↗
PowerFleet, Inc.
AIOT
Market read
PowerFleet, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 15 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Company+1.4% todayVolume comparison unavailable
Market group0 of 15 activeE-commerce Technology · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- AIOT's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if AIOT's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 15 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- AIOT's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements128
Verified relationships4
Evidence supporting the case
- Latest annual revenue changed +22.4% year over year.
- Operating margin changed +11.6 percentage points in the latest annual period.
- Net margin changed +9.4 percentage points in the latest annual period.
- Tariffs and trade policy has repeated favorable evidence across 3 filings.
Evidence challenging the case
- Diluted shares increased 11.6% in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Restructuring and cost reductions has repeated adverse evidence across 5 filings.
Questions before a position
- EV/sales is 85% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
2.956m-17.5%12m-38.6%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$126.0M+10.9%$-0.64—
2022-12-31$135.9M+7.9%$-0.49—
2023-12-31$133.7M-1.6%$-0.49+0.0%
2025-03-31$362.5M+171.1%$-0.43—
2026-03-31$443.8M+22.4%$-0.15+11.6%
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsnegative · 5 filings
“Adjusted EBITDA We define adjusted EBITDA as net loss attributable to common stockholders before non-controlling interest, preferred stock dividend and accretion, interest expense (net), other (income) expense, net, income tax expense (benefit), depreciation…”10-K · Jun 15, 2026 ↗
Demand and volumemixed · 4 filings
“The increase in services revenue was driven by increased adoption of the Company’s AI-powered SaaS solutions and strong global demand across both direct and indirect channels, centered on differentiated safety and compliance solutions.”10-Q · Feb 9, 2026 ↗
Tariffs and trade policymixed · 3 filings
“Gross profit as a percentage of product revenues was negatively impacted by tariffs in the United States, which increased underlying costs.”10-Q · Feb 9, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.9× · EV/sales 1.3×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
3.01+1.4% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 10:35 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for AIOT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for AIOT. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind AIOT
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CARAvis Budget Group, Inc.customerJun 26, 2025 ▾
“Some of our global customers that benefit from our combined solutions to power their specific AIoT and machine-to-machine mobility needs include Avis, Walmart, Toyota, and XPO Logistics.”
WMTWalmart Inc.customerJun 26, 2025 ▾
“Some of our global customers that benefit from our combined solutions to power their specific AIoT and machine-to-machine mobility needs include Avis, Walmart, Toyota, and XPO Logistics.”
CISOFiling-linked namepartnerJun 26, 2025 ▾
“Our Chief Information Security Officer (“CISO”), together with the Information Security Steering Committee (the “ISS Committee”), reports to the board on material cybersecurity risks, initiatives, and any material cyber events on an ongoing basis, as well as…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
AIOT is currently a Follower in the organic co-movement group E-commerce Technology. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for AIOT; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.