{"id":860690,"date":"2025-06-16T07:09:28","date_gmt":"2025-06-16T11:09:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/powerfleet-reports-annual-fy2025-results-a-breakout-year-of-strategic-transformation-and-scaled-growth\/"},"modified":"2025-06-16T07:09:28","modified_gmt":"2025-06-16T11:09:28","slug":"powerfleet-reports-annual-fy2025-results-a-breakout-year-of-strategic-transformation-and-scaled-growth","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/powerfleet-reports-annual-fy2025-results-a-breakout-year-of-strategic-transformation-and-scaled-growth\/","title":{"rendered":"Powerfleet Reports Annual FY2025 Results: A Breakout Year of Strategic Transformation and Scaled Growth"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n Total revenue growth for fiscal 2025 of 26% to $362.5 million<\/span>, with ~75% SaaS recurring revenue.<\/i>\n <\/p>\n

\n Annual adjusted EBITDA climbed 65% year-over-year to $71 million<\/span>, with adjusted EBITDA margin expanding 500 basis points to 20%.<\/i>\n <\/p>\n

\n Q4 total revenue increased 42% year-over-year to $103.6 million<\/span>, with Service revenue increasing 49% to $81.8m<\/span>, while adjusted EBITDA grew 84% to $20.4 million<\/span>.<\/i>\n <\/p>\n

\n Q4 total adjusted gross margin exceeded 60%, compared to 53% in the prior year.<\/i>\n <\/p>\n

\n Extended Conference Call to be Held at 8:30am ET<\/span>; Slide Presentation Accessible Here<\/a><\/i>\n <\/p>\n

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\n WOODCLIFF LAKE, N.J.<\/span>
\n <\/span>, June 16, 2025<\/span><\/span> \/PRNewswire\/ — Powerfleet, Inc.<\/a><\/b>\u00a0(Nasdaq: AIOT)<\/b>\u00a0reported its financial results for the fiscal year and the fourth quarter ended March 31, 2025<\/span>.<\/p>\n

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\n \"Powerfleet
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\n MANAGEMENT COMMENTARY<\/b>\n <\/p>\n

“Fiscal 2025 was a true milestone year for Powerfleet \u2013 a period in which we executed a bold reinvention strategy integrating two major acquisitions in just 12 months, achieved our organic growth and profitability metrics, and established Powerfleet as a global AIoT SaaS leader \u2013 with the Unity platform at the center of our customer value creation strategy,” said Steve Towe<\/span>, Powerfleet CEO.<\/p>\n

“As we enter fiscal 2026, we do so as a stronger, more focused company, by proactively eliminating low-quality and non-strategic revenue from the acquired businesses. Our go-forward, high-quality revenue streams delivered strong organic growth year-over-year in FY25, with AI video growing more than 20% and in-warehouse safety solutions growing 17%. While we remain mindful of macroeconomic headwinds, we are confident in expanding our growth in FY26, particularly in the second half, driven by a strong, expanding pipeline and supported by the resilience of our international operations which grew organically by 13% in FY25.”<\/p>\n

Towe added, “With our Unity data highway as the central engine, we’re ready to scale faster, deliver greater value to customers, and continue unlocking the full potential of the company within the dynamic market we serve.”<\/p>\n

\n FISCAL YEAR 2025 OPERATIONAL AND FINANCIAL HIGHLIGHTS\u00a0<\/b>\n <\/p>\n

Powerfleet delivered an accelerated transformation of the business in FY25 – executing an aggressive M&A strategy and unlocking the foundation for scalable, high-margin growth.<\/p>\n

\n Full Year Financial Performance Highlights: Pro Forma Basis Reflecting FY’24 MiX Combination Comparatives\u00a0<\/b>\n <\/p>\n