Why Invest In KORE? slide image

Why Invest In KORE?

KORE at a glance Leading global, independent provider of mission critical loT solutions Who We Are Market leader in enabling end-to-end loT solutions for enterprises Trusted advisor, enabling our customers to Build, Deploy, Manage and Scale their loT solutions Blue chip customer base including market leading Fortune 500 enterprises and innovative solutions providers across high growth verticals such as connected health, industrial IoT, asset monitoring, fleet management and comms. services Proprietary IP-based services: IoT Connectivity, Solutions & Analytics Why We Win Market leading loT knowledge and experience to help navigate the complex loT ecosystem Global independent loT connectivity and solutions enabler with an integrated network of key partners Deep vertical expertise in our top 3 verticals CA Global Scale (as of 9/30/23) 190+ Key Attributes Countries Coverage 45 Carrier Integrations 18.9mm Connections $268mm Significant Visibility & Profitability¹ $63mm 2022A Revenue 2022A Adjusted EBITDA 91%+ Annual Recurring Gross Margin 3,600+ Customers 600+ Full-Time Employees 12.7% 2020A-2022A Organic Connectivity Revenue CAGR 95%+ Revenue Visibility Through 2023E2 1 As reported metrics, unless otherwise noted; 2 Revenue visibility excludes the impact of the Twilio loT business acquisition and is based on the installed base which includes customers which had a signed contract with KORE by the end of 2022, normalized for non-core customers from the acquisitions of Raco and Wyless KORE
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