Trade Powerfleet Inc NJ - PWFL CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.05
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$1.08)Trade size with leverage ~ $5,000.00Money from leverage ~ $$4,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.03)Trade size with leverage ~ $5,000.00Money from leverage ~ $$4,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 10
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$1.08)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.03)

Key Stats

• Prev. Close: 3.01
• Open: 2.98
• 1-Year Change: -33.92%
• Day's Range: 2.98 - 3.02

Trade Powerfleet Inc NJ - PWFL

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.