Powerfleet, Inc. · NASDAQ:AIOT

Powerfleet — Q1 FY2027 Earnings Presentation

21 slides from Powerfleet's earnings presentation, Aug 10, 2026

  1. Slide 1: Q1FY27 Earnings

  2. Slide 2: Important Disclaimers

    Important Disclaimers The contents of this presentation are not fo be construed as legal, regulatory, business, accounting or tax advice. You should consult your own attomey, business advisor, accountant and tax advisor as to legal, regulatory, business, accounting and lax advice. This presentation

  3. Slide 3: Important Disclaimers (Cont'd.)

    Important Disclaimers (Cont’d.) No Offer or Solicitation This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities, of a solicitation of any vote or approval. nor shall there be any sale of securities in any jurisdiction in which such offer, soiicit

  4. Slide 4: Business Update

  5. Slide 5: Q1 Momentum & Achievements

    Q1 MOMENTUM & ACHIEVEMENTS Fl a 4 wed] maf Fortune500 National Transport & National Automotive European-Headquartered Global Manufacturing Leader LogisticsEnterprise Technology Leader Construction Leader SMM 26 Countries Globally $1.9M $1.3M $iM ore Reed Alvideo) TCV Booking TCV Booking TCV Booking

  6. Slide 6: Business Update

    * BUSINESS UPDATE wrllee. Se ee ee x r r om POWERRFLEET° People Powered Alot

  7. Slide 7: Two Executive Industry Leaders Appointed

    TWO EXECUTIVE INDUSTRY LEADERS APPOINTED Supporting World Class Execution and Powerfleet’s Growing Momentum Introducing Introducing Paul Lalljie Vishal Vallabha President & Chief Financial Chief Al Officer, Officer, Powerfleet Powerfleet

  8. Slide 8: Ye sie

    Ye sie he ee lie. ] /_POWERQFLEET°?/ (LBS ple Rowered.

  9. Slide 9: Q1 Financial Results

    Q1 FINANCIAL RESULTS —— I $21.5M +6.4% a $104.1M $20.1M QUFY26 QiFY27 QUFY26 QUFY27 GAAP Income from Operations GAAP EPS. 0.3M +25% ($0.08) ($2.0M) QUFY26 QUFY27 QIFY26 QUFY27

  10. Slide 10: Strong SaaS Recurring Revenue Growth

    POWERQFLEET® STRONG SAAS RECURRING REVENUE GROWTH —— Service Revenue Growth Service Revenue % of Total Revenue $94.3M 85% +9.1% a $86.5M +2 percentage || _ QUFY26 QUFY27 QUFY26 QUFY27 Product Revenue Product Gross Margin (%) $17.7M $16.5M 25.1% a | | 7 Qi FY26 Qu FY27 QU FY26 Qi FY27

  11. Slide 11: P&L Driving Improved Cash Generation

    P&L DRIVING IMPROVED CASH GENERATION Free Operating Expenses from Operations J Cash Flow Continued source of operating leverage Transitioned from $6.6M Loss to Profit Improvement

  12. Slide 12: Financial Outlook

    FINANCIAL OUTLOOK coeiee tat KEY MESSAGE: FY27 impact is timing and execution-cost related; committed demand remains in place and FY26-FY28 revenue CAGR remains consistent with prior expectations. Revenue guidance $487.5 ($17.0) $470.5 ~$495 Updated FY27 midpoint Q4 FY27 exit run-rate Prior FY27 mid

  13. Slide 13: Components of Levered Free Cash Flow Guidance

    COMPONENTS OF LEVERED FREE CASH FLOW GUIDANCE (#039;M) ii iene AEBITDA Capex Cash Interest Cash Taxes Restructuring & Other Operating FCF

  14. Slide 14: Final Comments; Q&A

    FINAL COMMENTS; Q&A POWER@EFLEET® People Powered AlcT

  15. Slide 15: GAAP to Non-GAAP Reconciliations

    POWER@FLEET°® People Powered AloT GAAP to Non-GAAP Reconciliations

  16. Slide 16: Reconciliation of Net Loss to Adjusted EBITDA

    POWERFLEET, INC. AND SUBSIDIARIES RECONCILIATION OF NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS TO ADJUSTED EBITDA, (in thousands, except for %'s) ‘Three Months Ended June 30, 20250 2026 ‘Net loss attributable to common stockholders s (10234) $ (8.440) ‘Non-controlling interest = 183 Interest expen

  17. Slide 17: Reconciliation of Net Loss to Adjusted Net Income

    POWERFLEET, INC. AND SUBSIDIARIES RECONCILIATION OF NET LOSS TO ADJUSTED NET INCOME (In thousands, except per share data) Three Months Ended June 30, | ‘| i t i 5,830 6131 | E i 1,038 | 1,130 228 | | | z 415 i a 8 g 3 3 { i f i : Net loss per share - basic ° 3s & o es s

  18. Slide 18: Reconciliation of Gross Profit Margins to Adjusted EBITDA Gross Profit Margins

    POWERFLEET, INC. AND SUBSIDIARIES RECONCILIATION OF GROSS PROFIT MARGINS TO ADJUSTED EBITDA GROSS PROFIT MARGINS (in thousands, except for %'s) | rot evenes ses st 0 Gentefpredees zg ag Prodeet p05 A 329 310 [EBITDA rrost s 19S 310 Product 251% 23% Services revenes s sess Saas (Contours saan 38.662

  19. Slide 19: Reconciliation of SG&A to Non-GAAP SG&A Expenses

    POWERFLEET, INC. AND SUBSIDIARIES RECONCILIATION OF SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES. (in thousands, except for %'s) ‘Three Months Ended June 30, ! Selling, general and administrative expenses 53,663 56,531 3 & | A 2,130) Depreciat

  20. Slide 20: Reconciliation of Operating Cash Flow to Free Cash Flow

    POWERELEET, INC. AND SUBSIDIARIES RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW Net cash provided by operating activities Plus: Proceeds from sale of fixed assets Less: Capitalized software development costs Less: Capital expenditures Free cash flow (in thousands) Thr

  21. Slide 21: Reconciliation of Total Debt to Adjusted Net Debt

    POWERELEET, INC. AND SUBSIDIARIES RECONCILIATION OF TOTAL DEBT TO ADJUSTED NET DEBT in thousands, except for ratios) Total debt Less: Cash, cash equivalents, and restricted cash Net debt Unsettled transaction costs Adjusted net debt 12-month trailing adjusted EBITDA Adjusted net debt to adjusted EBI

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