---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-033495"
form_type: "8-K"
ticker: "AIOT"
cik: "0001774170"
company_name: "Powerfleet, Inc."
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T08:06:08.626675+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Powerfleet Q1 revenue up 10% to $75.4M, adjusted EBITDA up 52% to $13.7M

## Summary
- Total revenue $75.4M (+10.2% YoY); product revenue $18.7M (+29% YoY).
- Adjusted EBITDA $13.7M, up 52.2% YoY; GAAP net loss $(0.21)/share; adjusted EPS $0.00.
- Cost synergies: $8.7M in annual run-rate savings secured within 90 days of MiX close.
- Full-year 2025 guidance: revenue >$300M, adjusted EBITDA >$60M (reiterated raised outlook).
- Net debt $108.2M ($31.4M cash, $139.6M total debt); pro forma net debt $114M.

## SEC filing metadata
- accession: 0001493152-24-033495
- form_type: 8-K
- ticker: AIOT
- cik: 0001774170
- company_name: Powerfleet, Inc.
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1774170/000149315224033495/0001493152-24-033495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1774170/000149315224033495/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-033495
- JSON: https://secwatch.observer/filing/0001493152-24-033495.json
- Plain text: https://secwatch.observer/filing/0001493152-24-033495.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.