Inseego Corp. (INSG) Income Statement Analysis

See more : HOCHTIEF Aktiengesellschaft (HOT.DE) Income Statement Analysis – Financial Results

Complete financial analysis of Inseego Corp. (INSG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Inseego Corp., a leading company in the Communication Equipment industry within the Technology sector.

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Inseego Corp. (INSG)

Industry: Communication Equipment

Sector: Technology

Website: https://www.inseego.com

About Inseego Corp.

Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things (IIoT), and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide. The company provides wireless 4G and 5G hardware products, including private LTE/5G networks, First responders network authority/Firstnet, SD-WAN, telematics, remote monitoring and surveillance, and fixed wireless access and mobile broadband devices. Its products include 4G and 5G fixed wireless routers and gateways, mobile hotspots, and wireless gateways and routers for IIoT applications; and Gb speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to analyze data insights and configure/manage their hardware remotely. In addition, the company sells software-as-a-service (SaaS), software, and services solutions in various mobile and IIoT vertical markets comprising fleet management, vehicle telematics, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include telematics, asset tracking, and management platforms which provide fleet, vehicle, aviation, asset, and other telematics applications; and Inseego Subscribe, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their customers wireless assets by helping them to save money on personnel and telecom expenses. Inseego Corp. was founded in 1996 and is based in San Diego, California.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	195.69M	245.32M	262.40M	313.83M	219.50M	202.46M	219.30M	243.56M	220.94M	185.25M	335.05M	344.29M	402.86M	338.94M	337.42M	320.97M	429.90M	217.97M	161.74M	103.73M	33.82M	28.87M	43.64M	61.15M	9.56M	0.00
Cost of Revenue	143.23M	178.41M	186.47M	222.99M	155.53M	131.87M	151.96M	167.23M	161.99M	148.20M	266.76M	271.85M	318.27M	272.69M	249.76M	251.96M	299.06M	162.75M	115.57M	69.78M	27.89M	26.89M	77.44M	70.57M	11.50M	3.43M
Gross Profit	52.45M	66.91M	75.93M	90.84M	63.97M	70.60M	67.34M	76.33M	58.95M	37.05M	68.29M	72.44M	84.59M	66.25M	87.66M	69.02M	130.84M	55.22M	46.17M	33.95M	5.92M	1.98M	-33.80M	-9.41M	-1.95M	-3.43M
Gross Profit Ratio	26.80%	27.27%	28.93%	28.95%	29.14%	34.87%	30.70%	31.34%	26.68%	20.00%	20.38%	21.04%	21.00%	19.55%	25.98%	21.50%	30.44%	25.33%	28.55%	32.73%	17.52%	6.85%	-77.44%	-15.39%	-20.37%	0.00%
Research & Development	21.51M	59.24M	52.67M	44.95M	23.85M	20.59M	21.36M	30.66M	35.45M	34.31M	48.25M	60.42M	61.39M	48.91M	44.89M	35.13M	37.56M	31.32M	20.52M	10.63M	5.99M	13.42M	20.84M	13.49M	3.72M	2.33M
General & Administrative	20.72M	27.34M	28.25M	30.69M	27.27M	25.33M	34.42M	52.39M	34.45M	15.40M	24.18M	22.67M	21.60M	21.23M	20.16M	21.32M	39.84M	30.47M	15.14M	9.88M	6.21M	10.36M	20.10M	0.00	0.00	2.50M
Selling & Marketing	21.50M	33.49M	38.23M	35.75M	28.91M	23.03M	25.02M	29.78M	20.90M	13.79M	20.90M	27.50M	29.83M	20.98M	19.86M	18.33M	20.94M	14.17M	7.61M	4.74B	2.56B	4.64B	12.26B	0.00	0.00	2.69M
SG&A	42.23M	60.83M	66.48M	66.44M	56.18M	48.35M	59.43M	82.17M	55.35M	29.19M	45.08M	50.17M	51.43M	42.21M	40.02M	39.64M	39.84M	30.47M	15.14M	9.88M	6.21M	10.36M	20.10M	23.29M	8.92M	5.18M
Other Expenses	25.00M	1.75M	2.09M	3.18M	3.42M	-895.00K	-4.08M	414.00K	1.13M	-612.00K	-222.00K	-203.00K	2.22M	179.00K	0.00	0.00	0.00	0.00	0.00	0.00	738.00K	3.56M	10.36M	1.85M	672.00K	115.00K
Operating Expenses	63.74M	121.81M	121.25M	114.57M	83.46M	72.57M	84.40M	116.75M	92.92M	64.07M	93.89M	111.67M	115.04M	91.30M	84.91M	74.77M	77.39M	61.79M	35.65M	20.50M	12.93M	27.33M	51.30M	38.63M	13.31M	7.63M
Cost & Expenses	231.97M	300.23M	307.72M	337.56M	238.98M	204.44M	236.36M	283.98M	254.91M	212.27M	360.64M	383.51M	433.31M	363.99M	334.67M	326.73M	376.46M	224.54M	151.22M	90.28M	40.82M	54.22M	128.73M	109.20M	24.82M	11.06M
Interest Income	0.00	6.75M	6.76M	9.89M	20.34M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.37M	0.00	0.00	3.03M	2.25M	0.00	44.00K	0.00	0.00	1.16M	0.00	0.00
Interest Expense	9.07M	8.61M	6.87M	9.94M	20.38M	20.44M	19.33M	15.60M	7.16M	85.00K	0.00	291.00K	384.00K	2.52M	0.00	0.00	0.00	134.00K	27.00K	0.00	3.94M	0.00	0.00	43.00K	0.00	0.00
Depreciation & Amortization	22.52M	27.21M	25.33M	27.95M	18.43M	13.73M	14.27M	14.05M	8.32M	7.41M	8.95M	12.34M	17.87M	11.77M	12.99M	11.56M	10.95M	8.04M	4.47M	3.80M	4.43M	4.94M	4.74M	1.85M	672.00K	-5.56M
EBITDA	-13.71M	-32.62M	-15.52M	-72.55M	-767.00K	10.72M	-3.96M	-30.54M	-25.65M	-19.62M	-16.67M	-26.98M	-16.53M	-15.24M	15.74M	5.82M	64.40M	1.47M	14.99M	17.24M	-2.58M	-20.41M	-74.73M	-46.19M	-14.59M	-11.24M
EBITDA Ratio	-7.00%	-11.89%	-7.30%	1.66%	-0.45%	-2.09%	1.08%	-8.95%	-6.13%	-4.20%	0.29%	6.57%	-2.05%	-4.50%	0.72%	-1.57%	14.87%	0.03%	9.40%	16.77%	-5.45%	-61.51%	-155.07%	-75.54%	-152.75%	0.00%
Operating Income	-36.28M	-54.90M	-45.32M	-22.73M	-19.48M	14.01M	-22.21M	-45.00M	-37.79M	-35.57M	-43.22M	-88.74M	-33.73M	-25.05M	2.75M	-5.76M	53.45M	-6.57M	10.51M	13.45M	-7.83M	-28.00M	-92.14M	-48.04M	-15.26M	-5.68M
Operating Income Ratio	-18.54%	-22.38%	-17.27%	-7.24%	-8.88%	6.92%	-10.13%	-18.48%	-17.10%	-19.20%	-12.90%	-25.78%	-8.37%	-7.39%	0.82%	-1.79%	12.43%	-3.01%	6.50%	12.96%	-23.17%	-96.98%	-211.12%	-78.56%	-159.68%	0.00%
Total Other Income/Expenses	-9.02M	-10.52M	-2.40M	-87.71M	-20.03M	-21.34M	-23.41M	-15.18M	-14.32M	-3.53M	-109.00K	88.00K	-668.00K	-555.00K	1.69M	3.55M	6.07M	4.31M	2.01M	723.00K	-3.80M	28.00M	92.14M	7.00K	10.00K	178.00K
Income Before Tax	-45.30M	-68.43M	-47.72M	-110.44M	-39.57M	-7.33M	-45.63M	-60.19M	-52.11M	-39.55M	-43.33M	-88.66M	-34.40M	-25.60M	4.44M	-2.20M	59.52M	-2.26M	12.52M	14.17M	-11.64B	-28.32B	-90.88B	-48.04M	-15.25M	-5.51M
Income Before Tax Ratio	-23.15%	-27.90%	-18.19%	-35.19%	-18.03%	-3.62%	-20.81%	-24.71%	-23.59%	-21.35%	-12.93%	-25.75%	-8.54%	-7.55%	1.32%	-0.69%	13.84%	-1.04%	7.74%	13.66%	-34,416.68%	-98,081.19%	-208,228.12%	-78.55%	-159.58%	0.00%
Income Tax Expense	885.00K	-465.00K	191.00K	748.00K	536.00K	815.00K	214.00K	381.00K	181.00K	124.00K	83.00K	611.00K	-9.50M	7.46M	527.00K	-970.00K	20.76M	-2.71M	1.41M	349.00K	4.63M	2.97M	11.40M	-1.12M	3.21M	0.00
Net Income	-46.19M	-67.97M	-47.91M	-111.19M	-40.11M	-8.06M	-45.74M	-60.57M	-52.29M	-39.67M	-43.41M	-89.27M	-24.89M	-33.07M	3.91M	-1.23M	38.76M	443.00K	11.12M	13.82M	-11.64M	-28.32M	-90.88M	-46.92M	-18.47M	-5.51M
Net Income Ratio	-23.60%	-27.71%	-18.26%	-35.43%	-18.27%	-3.98%	-20.86%	-24.87%	-23.67%	-21.42%	-12.96%	-25.93%	-6.18%	-9.76%	1.16%	-0.38%	9.02%	0.20%	6.87%	13.32%	-34.42%	-98.08%	-208.23%	-76.73%	-193.27%	0.00%
EPS	-4.32	-6.34	-4.64	-11.57	-5.12	-1.22	-7.79	-11.24	-9.91	-10.45	-12.79	-27.17	-7.77	-10.50	0.13	-0.40	1.23	0.01	0.38	0.57	-14.89	-55.45	-375.73	-44.94	-152.70	-127.50
EPS Diluted	-4.32	-6.34	-4.64	-11.57	-5.12	-1.22	-7.79	-11.24	-9.91	-10.45	-12.79	-27.17	-7.77	-10.50	0.13	-0.40	1.21	0.01	0.37	0.48	-14.89	-55.45	-375.73	-44.94	-152.70	-127.50
Weighted Avg Shares Out	11.37M	10.73M	10.32M	9.61M	7.83M	6.61M	5.87M	5.39M	5.28M	3.80M	3.39M	3.29M	3.20M	3.15M	3.06M	3.12M	3.14M	2.96M	2.91M	2.40M	781.75K	510.67K	241.87K	1.04M	120.95K	43.18K
Weighted Avg Shares Out (Dil)	11.37M	10.73M	10.32M	9.61M	7.83M	6.61M	5.87M	5.39M	5.28M	3.80M	3.39M	3.29M	3.20M	3.15M	3.12M	3.12M	3.20M	3.01M	3.03M	2.89M	781.75K	510.67K	241.87K	1.04M	120.95K	43.18K

CORRECTING and REPLACING Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023

July 19, 2023businesswire.com

SAN DIEGO--(BUSINESS WIRE)-- #EarningsSeason--Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023.

Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023

July 19, 2023businesswire.com

SAN DIEGO--(BUSINESS WIRE)-- #EarningsSeason--Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023.

Fast-paced Momentum Stock Inseego (INSG) Is Still Trading at a Bargain

May 26, 2023zacks.com

Inseego (INSG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Inseego Launches Next-Generation 5G Indoor Router with UScellular for FWA Applications

May 16, 2023businesswire.com

SAN DIEGO--(BUSINESS WIRE)-- #5G--Inseego Corp., a leader in 5G edge cloud solutions, today announced the launch of the next-generation 5G indoor router FX3100, with UScellular. The new upgraded FX3100, which includes the Qualcomm® Snapdragon™ X62 5G Modem-RF System, adds new...

Inseego Reports First Quarter 2023 Financial Results

May 3, 2023businesswire.com

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5GCompanies--Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the first quarter ended March 31, 2023. The Company reported first quarter net revenue of $50.8 million, GAAP...

Down -32.57% in 4 Weeks, Here's Why You Should You Buy the Dip in Inseego (INSG)

March 15, 2023zacks.com

Inseego (INSG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

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Inseego (INSG) Reports Q4 Loss, Misses Revenue Estimates

March 1, 2023zacks.com

Inseego (INSG) delivered earnings and revenue surprises of -10% and 12.58%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Inseego Reports Fourth Quarter and Full Year 2022 Financial Results

March 1, 2023businesswire.com

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5G--Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions for the enterprise, today reported its results for the fourth quarter and year ended December 31, 2022. The Company reported fourth quarter net...