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Get filing alertsRisk Profile Improvements
- Material Weakness (improved) — Previously disclosed material weaknesses in internal controls were remediated as of March 31, 2026.
revenue $443.8M, net income -$20.6M. Powerfleet narrows loss 60%, remediates control weaknesses, extends debt maturities
Filed June 15, 2026 · Period ending March 31, 2026 · Compared to 10-K Jun 26, 2025 · ~2 min read
Key Changes
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high
Net loss improved from $51.0M to $20.6M (60% reduction) as one-time acquisition/integration costs fell $30.5M; adjusted EBITDA grew 44% to $97.0M with margin expanding to 21.9%.
MD&A: Financial Results verify on EDGAR → -
high
Material weaknesses in journal entry controls (I.D. Systems, Pointer Mexico) and financial close processes (Fleet Complete) were remediated as of March 31, 2026; auditor issued clean opinion.
Controls and Procedures verify on EDGAR → -
high
RMB term loan maturity extended one year to March 2028, Hapoalim revolving facility doubled to $20M; company reports $27.1M available short-term borrowing capacity.
MD&A: Liquidity verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 15, 2026 · How we verify