Trade ID Systems - PWFL CFD

Trading Conditions
Spread0.07
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-$1.05)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
($0.16)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close4.98
Open4.99
1-Year Change80.8%
Day's Range4.79 - 5.01

ID Systems Company profile

About PowerFleet Inc

PowerFleet, Inc. is a provider of subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets, such as industrial trucks, trailers, containers, cargo, and light vehicles and heavy truck fleets. The Company focuses on four types of business solutions: PowerFleet for Logistics, PowerFleet for Industrial, PowerFleet for Vehicles and Vista. PowerFleet for Industrial solutions are designed to provide on-premise or in-facility asset and operator management, monitoring, and visibility for industrial trucks such as forklifts, man-lifts, tuggers and ground support equipment at airports. PowerFleet for Logistics solutions are designed to provide bumper-to-bumper asset management, monitoring, and visibility for over-the-road based assets and their associated cargo. PowerFleet for Vehicles solutions are designed both to enhance the vehicle fleet management process.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, PowerFleet Inc revenues increased 11% to $126.2M. Net loss applicable to common stockholders increased 33% to $18.1M. Revenues reflect Product segment increase of 16% to $53M, services segment increase of 8% to $73.2M, Israel segment increase of 16% to $44.8M, United States segment increase of 10% to $50.8M. Higher net loss reflects Other Selling & General Administarative increase of 11% to $57.2M

Equity composition

Common Stock $.01 Par, 04/11, 50M auth., 12,491,000 issd., less 1,249,000 shs. in Treas. @ $10.9M. Insiders control 17.85%. IPO: 6/30/99, 2M shares @ $7 by Gilford Securities. *3/06, PO 2.75M shares + over-allotment 4.15K shares by Morgan Keegan & Company, Inc.