KORE (KORE) Q3 2025 Earnings Call Transcript

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Wednesday, November 12, 2025 astatine 5:00 p.m. ET

• Chief Executive Officer — Ronald Totton

• Chief Financial Officer — Anthony Bellomo

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Ronald Totton: Thank you, Vik, and bully afternoon, everyone. For today's call, I'll supply an update connected the company's concern highlights for the 3rd 4th and past crook the telephone implicit to Anthony Bellomo, the company's CFO, to spell done the fiscal results. As we look astatine our results for the 3rd quarter, we delivered steadily improving operating show with coagulated maturation and profitability, portion gross held steady. Our gross for the 4th was $68.7 million. Notably, our connectivity gross accrued 1.7% implicit Q2 2025, our 2nd consecutive 4th of beardown connectivity sequential growth. Adjusted EBITDA roseate by 12% oregon $1.5 cardinal to $14.5 cardinal from Q3 2024, arsenic we enactment focused connected operational excellence and profitability.

Net nonaccomplishment besides improved by $6.7 cardinal owed to the improved adjusted EBITDA, on with the taxation payment from precocious enacted U.S. legislation. Now let's crook to a captious measurement of our fiscal wellness and operational discipline, our currency flow. In the 3rd quarter, we generated $1.1 cardinal successful currency from operations portion our escaped currency travel improved $1.1 cardinal implicit the aforesaid play past year. The dependable betterment successful our escaped currency travel illustration is simply a nonstop effect of our disciplined execution and our committedness to gathering a resilient and profitable business. Our strategy is centered connected our 5-pillar worth instauration plan, and this quarter's results show that program successful action.

On Slide 7, you tin spot wide tangible impervious points connected however our focused execution is translating into advancement crossed the full business. At the bosom of our strategy is profitable maturation and this quarter, we delivered driving a 12% summation successful adjusted EBITDA. This fiscal subject is complemented by beardown commercialized momentum arsenic we secured $11.3 cardinal successful caller and enlargement eARR and grew our full connections to implicit 20.5 million. This maturation is fueled by our committedness to some merchandise innovation and lawsuit intimacy. This quarter, we launched KORE One, our unified lawsuit level and we completed a constricted merchandise of a caller connectivity offering, providing proprietary automated switching and enhanced web resilience.

With investments successful our products, level and infrastructure and with the motorboat of a caller AI adjunct KORE we've seen a greater than 50% simplification successful enactment tickets portion continuing to amended our lawsuit E-score. It is this operation of superior products and heavy concern that differentiates america successful the marketplace and fuels our income momentum. Underpinning each of this is our relentless thrust for operational excellence powered by our winning team. We're becoming a leaner, much agile institution by executing connected our installation rationalization program and aggressively deploying AI tools to boost productivity. Simultaneously, we are investing successful our people, launching our interior AI evangelist programme and caller improvement tools to physique a civilization of accountability and continuous improvement.