2.79
+3.72%
Close of 9 Nov 2026, in USD
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About PowerFleet
From its filings with the US Securities and Exchange Commission
PowerFleet is based in Woodcliff Lake, New Jersey and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker AIOT. The SEC classifies its business as communications equipment, nec. In the fiscal year to 31 March 2026, it reported revenue of $443.8m and a net loss of $20.6m. At that date it held total assets of $955.6m and shareholders' equity of $475.5m.
We are a global provider of Artificial Intelligence-of-Things (“AIoT”) solutions providing valuable connected business intelligence for managing high-value enterprise and mid-market assets that improve operational efficiencies.
We are headquartered in Woodcliff Lake, New Jersey, with offices located around the globe.
Our Unity data highway and AIoT ecosystem is the centerpiece of our strategy. Unity has the capability to ingest data from multiple data sources, harmonizing and transforming the dataset, and delivering simply understood actionable insights through a unified Software-as-a-Service (“SaaS”) platform and deep integrations with customer business systems.
Unity provides mission-critical solutions from warehouse to trailer to vehicle, allowing customers to consolidate suppliers and gain end-to-end control of their operations in a single pane of glass.
Unity enables customers to consume their data in multiple ways, from data-powered applications to unified operations integrations, which provide the ability to improve performance of the asset, the individual in charge of the asset, and the business process, continuously improving our customers’ business performance.
Quoted from its 10-K, filed 15 Jun 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 30 Jun 1999
- Employees
- 2,658
- Website
- powerfleet.com ↗
- Head office
- 123 TICE BLVD., WOODCLIFF LAKE, NJ, 07677
- Incorporated in
- DE
- Classification
- Communications Equipment, NEC
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Andrew MartinIndependent Chairman of the Board
- Mr. Steve ToweChief Executive Officer, Director, since 2022$13.2m
- Mr. David WilsonChief Financial Officer, Corporate Secretary$2.6m
- Ms. Melissa IngramChief Corporate Development Officer$2.3m
- Mr. Michael PowellChief Innovation Officer
- Mr. Ian JacobsIndependent Director$528,160
- Mr. Michael McconnellIndependent Director$536,160
- Ms. Jody BurfeningManaging Director, since 2024
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 36
- Environment
- 42
- Social
- 25
- Governance
- 41
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- PowerFleet Inc has a strong market presence and brand reputation in the fleet management industry.
- The company offers a wide range of innovative and technologically advanced products and solutions for effective fleet management.
- PowerFleet Inc has a diverse and loyal customer base, including large enterprises and organizations.
- The company has a well-established distribution network, ensuring widespread availability of its products and services.
Weaknesses
- PowerFleet Inc heavily relies on third-party suppliers for certain components of its products, which may result in supply chain challenges and delays.
- The company's pricing structure may be considered relatively high compared to some competitors, potentially impacting market share.
- PowerFleet Inc may face difficulties in adapting to rapidly evolving technology trends, requiring continuous investment in research and development.
Opportunities
- The growing demand for fleet management solutions presents a significant opportunity for PowerFleet Inc to expand its customer base.
- The increasing emphasis on environmental sustainability and regulatory requirements creates an opportunity for the company to develop eco-friendly and energy-efficient fleet management solutions.
- The rise of autonomous and connected vehicles opens new avenues for PowerFleet Inc to leverage its expertise and develop advanced technologies.
Threats
- Intense competition within the fleet management industry poses a threat to PowerFleet Inc's market share and profitability.
- The potential economic downturn or recession can lead to reduced spending on fleet management solutions by businesses.
- Increasing concerns and regulations related to data privacy and security may require PowerFleet Inc to enhance its cybersecurity measures and compliance.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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