---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-044512"
form_type: "8-K"
ticker: "AIOT"
cik: "0001774170"
company_name: "Powerfleet, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:05:09.493324+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Powerfleet Q2 FY25 revenue up 7% to $77M, adjusted EBITDA +41% to $14.5M; reaffirms FY25 guidance

## Summary
- Total revenue $77.0M (+7% YoY); product revenue $20.3M (+13%); service revenue $56.7M (+5%).
- Adjusted EBITDA $14.5M (+41% YoY); net loss $1.9M ($(0.02) per share); adjusted EPS $0.02.
- Secured $13.5M annual cost synergies (50% of $27M target) within 6 months of MiX combination close.
- Full-year FY25 guidance reaffirmed: revenue >$352.5M, adjusted EBITDA >$72.5M, inclusive of Fleet Complete.
- Pro forma net debt $121M; higher net receivables from strong top-line performance increased working capital.

## SEC filing metadata
- accession: 0001493152-24-044512
- form_type: 8-K
- ticker: AIOT
- cik: 0001774170
- company_name: Powerfleet, Inc.
- filed_at: 2024-11-12T23:59:59+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/1774170/000149315224044512/0001493152-24-044512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1774170/000149315224044512/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-044512
- JSON: https://secwatch.observer/filing/0001493152-24-044512.json
- Plain text: https://secwatch.observer/filing/0001493152-24-044512.txt

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