Slide 1: Adjusted EBITDA reconciliation
‘Net los atrbuable to common stock dare Nonconwalling imeest Prefered stocedividen! ant accetion Temeest (income) pense, ot Othe (incomes) expense, nt Trceme tax (bers expert ‘Depreciationand amartization Stosistased compensation ‘Foreign currency tamation Asquition Related Expres Adjusted EBITDA ‘F
Slide 2: About PowerFleet
ABOUT POWERFLEET Powerfleet (Nasdaq: PWFL; TASE: PWFL) is a global leader of internet of things (IoT) software-as-a-service (SaaS) solutions that optimize the performance of mobile assets and resources to unify business operations. Our data science insights and advanced modular software solutions he
Slide 3: Twelve Months Ended December 31 income statement
‘Twelve Months Ended Decenbe 3 23 (Crue) ‘Canadited) Canadived) (Cmuleed Profeets S$ 1B082000 S$ 128800 s © 56313.000 S$ 49,291.00 Services 20,032,000 31,673.00 73.84.00 84194000 Tent Rev 3401.00 Cont ofraverse Coit ofprodoce 10,010,000 424686,000 3605000 Cost ofsarices 761,000 28,350,000 34084,000
Slide 4: Quarterly income statement
(Canuaitea) Reverse: Prodects S -7103.000 § S$ 25975,000 Services 40299,000 67 402,000 64,889,000 68,596,000 Cost of raven Coster proses 19323,000 17,552,000 18,853,000 Costof services 14538,000 14,886,000, 15,398,000 33,561,000 32,258,000 34,251,000 Gross Profit 33,541,000 32,651,000 34,445,000 Ope
Slide 5: Assets and liabilities
ASSETS (Corrant sesets Cash and cashepivatens treed exh Accounts rcsivable, met Defer cost - current rapa expenses and other coer assets ‘Tosl currentarsats Fined asses, att (Corre lables Shorttermbaniedebt and cocrent mattis oflong-eemésbt Accounts payable anf accrued expenss Deferred reverme- curr
Slide 6: Constant currency
CONSTANT CURRENCY Constant currency information has been presented to illustrate the impact of changes in currency rates on the company’s results. The constant currency information has been determined by adjusting the current financial reporting period results to the prior period average exchange ra
Slide 7: Three months revenue constant currency
(Sin Thousands) Service Revenue: Service Revemue as reported Conversionimpact of US. Dollar Service revenue ona constant currency basis (Sin Thousands) Product Revenue: Product Reve as reported Conversionimpact of US. Dollar Product revenue on a constant currency basis (Sin Thousands) Total Revenue:
Slide 8: Twelve months revenue constant currency
‘Twelve Months Ended December 31, _ Year Over Year Change (Sin Thousands) 202 2023 $ % Service Revenue: Service Revere as reported $78,844 $84,194 $5,350 68% Conversion impact of US. Dollar $5,921 $5,921 Service revenue on a constant currency basis $78,844 $90,115 SIL271 143% ‘Twelve Months Ended De