{ "docId": "019de515-b705-7349-bc7f-1d80d86a50bf", "docSlug": "cad194909f730827bc895f85fd743319", "documentTitle": "Kore | Results Presentation Deck | 21 slides", "authorId": "kore", "authorName": "Kore", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-05-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 15, "pageCount": 21, "prevPage": 14, "nextPage": 16, "slideType": "revenue_buildup", "function": "decompose_segments", "density": "overcrowded", "nDataPoints": 60, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-b705-7349-bc7f-1d80d86a50bf/15", "deckHref": "/decks/019de515-b705-7349-bc7f-1d80d86a50bf", "deckJsonHref": "/decks/019de515-b705-7349-bc7f-1d80d86a50bf.json", "deckAnchorHref": "/decks/019de515-b705-7349-bc7f-1d80d86a50bf#slide-15", "components": [ { "bbox": { "h": 0.04, "w": 0.925, "x": 0.05, "y": 0.635 }, "kind": "list", "text": "A Includes acquired customers that have left over time due to technology sunsetting over the last 3 years", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "26947b44-ee03-4e1c-9be8-a3c5764d2768", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.925, "x": 0.05, "y": 0.76 }, "kind": "list", "text": "C Maintained flat currency rates YoY", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5e408524-58f3-4966-9cc3-1196a71d42a4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.925, "x": 0.05, "y": 0.86 }, "kind": "list", "text": "E Reflects proforma impact of BMP normalized revenues from 2020 to Q1-22 (transaction close)", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "861a4ba6-020a-447e-a0d1-40ea69423f1c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.925, "x": 0.05, "y": 0.805 }, "kind": "list", "text": "D Adjustment to remove the effect of pricing difference between 2G/3G and 4G/5G by adjusting prior years to reflect 4G/5G pricing", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ab7249e5-9e05-4a94-a4ce-0a221fffc051", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.925, "x": 0.05, "y": 0.69 }, "kind": "list", "text": "B Reflects the removal of significant one-time revenue in 2021 and 2022 for the company's largest customer's IoT Solutions revenue related to their LTE transition project", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "da5a7b12-647f-4d4d-bf08-cce98a230423", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.925, "x": 0.05, "y": 0.579 }, "kind": "paragraph", "text": "Organic Revenue Adjustments", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dfef27ee-6e8a-4061-a535-538a648eb91c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.07, "x": 0.865, "y": 0.96 }, "kind": "source-note", "text": "© 2023 KORE", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ccb1d47f-31bd-42d7-bdf6-294e27637f8f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.43, "w": 0.46, "x": 0.05, "y": 0.118 }, "kind": "table", "text": "IoT Connectivity\nFY2020A Total $158.8\nFY2021A Total $169.0\nFY2022A Total $175.9\nLess: Non-Core Customers ($21.2) ($15.8) ($11.2)\nTotal Revenue (w Non-Core) A $137.6 $153.2 $164.8\nLess: Constant Currency Adjustment C ($1.7) ($3.2) $0.2\nTotal Revenue (w Non-Core & CC Adj.) $135.9 $150.0 $164.9\nLess: LTE pricing adj. D ($8.2) ($4.8) ($0.8)\nTotal Revenue (w Non-Core, CC Adj., & LTE) $127.7 $145.2 $164.1\nAdd: BMP Proforma E $2.8 $6.4 $1.6\nTotal Organic Revenue $130.5 $151.6 $165.7", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8d46c949-8fb0-44a2-9adf-352a9bb2190a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.43, "w": 0.46, "x": 0.515, "y": 0.118 }, "kind": "table", "text": "IoT Solutions\nFY2020A Total $55.1\nFY2021A Total $79.4\nFY2022A Total $92.5\nLess: #1 Customer LTE Transition B $0.0 ($23.6) ($11.5)\nTotal Revenue (w Non-Core) $55.1 $55.8 $81.0\nLess: Constant Currency Adjustment C ($0.4) ($1.5) ($0.0)\nTotal Revenue (w Non-Core & CC Adj.) $54.7 $54.4 $81.0\nAdd: BMP Proforma E $19.1 $23.3 $4.1\nTotal Organic Revenue $73.7 $77.7 $85.1", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e4ac4b3f-a27d-4a9b-beb5-396996b74a08", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.62, "x": 0.049, "y": 0.036 }, "kind": "title", "text": "Breakdown of Long-Term Organic Growth", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "abf52828-ac50-4fd1-81e0-83483619e74f", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 21, "from": 10, "beatId": "4b01d194-b8a2-483c-b3c7-d92b8685979d", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Satisfaction", "beatSlug": "monroes-sequence-satisfaction", "evidence": "The deck presents KORE's solution, business model, and growth strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }