Powerfleet changes fiscal year end to March 31, files delayed 10-K, reiterates guidance

Powerfleet, Inc.

Board approved change of fiscal year end from Dec 31 to March 31, effective immediately; aligns with MiX Telematics post-combination.
Company filed delayed 10-K for fiscal year ended Dec 31, 2023.
Reiterated combined revenue guidance exceeding $285M and adjusted EBITDA exceeding $40M for twelve months ended March 31, 2024.
Next earnings call for Q1 fiscal 2025 (ending June 30) scheduled for August 8, 2024.

item 5.03 item 8.01 item 9.01

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Powerfleet, Inc.: Changed fiscal year end from December 31 to March 31 effective immediately (effective 2024-05-08).

Change: fiscal year change
Effective: 2024-05-08

Exact text from the filing

On May 8, 2024, the Board of Directors of Powerfleet, Inc. (the “Company”) approved a change in the Company’s fiscal year end from December 31 to March 31, effective immediately.

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Powerfleet, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-018524

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