Demonstrações financeiras detalhadas de PowerFleet, Inc. (AIOT): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
PowerFleet, Inc. registou receitas de $443.8M no último exercício, com um CAGR de 5 anos de 31.3%.
Margens dos últimos 12 meses: margem bruta 55.7%, margem operacional 4.9%, margem líquida -4.2%. O fluxo de caixa livre cresceu a CAGR de 10.1% em 5 anos.
Ao preço atual de $3.03, AIOT apresenta lucros negativos (P/L não significativo) e um ROE de -3.92%. A capitalização de mercado é de $407M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Receita | $36.8M | $41.0M | $53.1M | $81.9M | $113.6M | $126.0M | $135.2M | $362.5M | $362.5M | $443.8M |
| Custo da Receita | $18.5M | $20.0M | $27.3M | $43.6M | $54.6M | $66.2M | $71.0M | $168.0M | $168.0M | $197.4M |
| Lucro Bruto | $18.3M | $20.9M | $25.8M | $38.4M | $59.0M | $59.8M | $64.2M | $194.5M | $194.5M | $246.4M |
| P&D | $4.5M | $4.0M | $6.9M | $8.5M | $10.6M | $11.4M | $9.0M | $16.1M | $16.1M | $18.4M |
| Despesas Gerais e Administrativas | $20.1M | $21.1M | $24.7M | 0 | $52.0M | $56.5M | $62.2M | $85.4M | $204.4M | $208.5M |
| Despesas Operacionais | $24.7M | $25.0M | $31.5M | $48.1M | $62.6M | $67.9M | $71.1M | $220.4M | $220.4M | $226.8M |
| Lucro Operacional | -$6.4M | -$4.1M | -$5.7M | -$9.8M | -$3.6M | -$8.2M | -$6.9M | -$25.9M | -$25.9M | $19.6M |
| EBITDA | -$5.4M | -$2.7M | -$4.1M | -$1.8M | $7.8M | $434000 | $7.8M | $56.8M | $21.4M | $76.5M |
| Despesas com Juros | $293000 | $342000 | $173000 | $948000 | $2.3M | $2.8M | $1.7M | $1.6M | $20.3M | $27.5M |
| Lucro Antes de Impostos | -$6.4M | -$4.2M | -$5.8M | -$10.9M | -$8.0M | -$10.9M | -$6.7M | -$46.5M | -$46.5M | -$11.3M |
| Imposto | $299000 | -$311000 | 0 | $75000 | $1.0M | $1.9M | $296000 | $4.5M | $4.5M | $8.7M |
| Lucro Líquido | -$6.4M | -$3.9M | -$5.8M | -$11.0M | -$9.0M | -$12.8M | -$7.0M | -$51.0M | -$51.0M | -$20.6M |
| LPA | $-0.16 | $-0.09 | $-0.11 | $-0.18 | $-0.10 | $-0.64 | $-0.07 | $-1.09 | $-0.43 | $-0.15 |
| LPA Diluído | $-0.16 | $-0.09 | $-0.11 | $-0.18 | $-0.10 | $-0.64 | $-0.07 | $-1.09 | $-0.43 | $-0.15 |
| Ações em Circulação (Diluídas) | $39.0M | $44.9M | $51.7M | $61.4M | $89.1M | $34.6M | $106.2M | $35.6M | $119.9M | $133.8M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $111.7M | $113.5M | $114.5M | $110.8M |
| Lucro Bruto | $62.6M | $62.7M | $64.7M | $61.2M |
| Lucro Operacional | $4.2M | $6.3M | $11.0M | $270000 |
| EBITDA | $19.8M | $22.3M | $21.5M | $99000 |
| Lucro Líquido | -$4.3M | -$3.4M | -$2.7M | -$8.4M |
| LPA | $-0.03 | $-0.03 | $-0.02 | $-0.06 |
| LPA Diluído | $-0.03 | $-0.03 | $-0.02 | $-0.06 |
Balanço (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Caixa e Equivalentes | $5.0M | $5.1M | $9.5M | $16.4M | $41.0M | $26.5M | $18.0M | $24.4M | $44.4M | $36.5M |
| Investimentos de Curto Prazo | $115000 | $1.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contas a Receber | $11.4M | $10.0M | $14.3M | $27.0M | $26.6M | $34.0M | $34.8M | $32.6M | $92.7M | $106.6M |
| Estoque | $3.9M | $4.6M | $5.1M | $16.4M | $13.2M | $18.2M | $22.3M | $21.7M | $18.4M | $22.4M |
| Ativos Circulantes | $27.9M | $29.2M | $36.2M | $71.2M | $90.5M | $85.8M | $80.5M | $169.8M | $169.1M | $179.2M |
| Imobilizado | $3.1M | $2.7M | $4.4M | $15.3M | $18.3M | $18.8M | $17.1M | $20.1M | $70.3M | $78.3M |
| Ágio | $1.8M | $7.3M | $8.9M | $89.1M | $83.3M | $83.5M | $83.5M | $83.5M | $383.1M | $412.0M |
| Ativos Intangíveis | $706000 | $5.4M | $5.3M | $36.6M | $30.0M | $26.1M | $22.9M | $19.7M | $258.6M | $255.5M |
| Ativos Totais | $44.2M | $60.9M | $62.5M | $225.5M | $231.6M | $229.9M | $217.4M | $308.7M | $910.1M | $955.6M |
| Contas a Pagar | $6.2M | $6.2M | $8.5M | $15.4M | $10.3M | $17.7M | $14.8M | $20.0M | $41.6M | $46.4M |
| Dívida de Curto Prazo | $3.0M | $1.2M | $819000 | $9.3M | $8.0M | $8.8M | $12.8M | $2.0M | $41.6M | $53.7M |
| Passivos Circulantes | $17.8M | $19.1M | $21.3M | $41.9M | $37.2M | $44.3M | $45.7M | $43.6M | $151.0M | $158.0M |
| Dívida de Longo Prazo | 0 | 0 | $1.5M | $32.8M | $28.6M | $18.1M | $11.4M | $113.8M | $232.2M | $229.7M |
| Passivos Totais | $28.2M | $28.0M | $32.8M | $93.9M | $76.5M | $85.0M | $77.0M | $179.8M | $463.3M | $473.9M |
| Reservas | -$91.5M | -$95.4M | -$103.4M | -$112.1M | -$122.9M | -$134.4M | -$140.8M | -$154.8M | -$205.8M | -$226.3M |
| Patrimônio Líquido | $16.0M | $33.0M | $29.7M | $131.6M | $155.0M | $144.8M | $140.9M | $128.8M | $446.6M | $475.5M |
| Dívida Total | $3.0M | 0 | $2.4M | $42.1M | $36.5M | $34.2M | $29.8M | $123.5M | $287.1M | $296.9M |
| Dívida Líquida | -$2.1M | -$6.3M | -$7.2M | $25.7M | -$4.4M | $7.8M | $11.8M | $99.1M | $242.7M | $260.4M |
| Capital de Giro | $10.1M | $10.1M | $14.9M | $29.3M | $53.2M | $41.6M | $34.7M | $126.2M | $18.1M | $21.2M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $32.5M | $31.2M | $36.5M | $32.8M |
| Ativos Totais | $936.9M | $959.5M | $955.6M | $962.6M |
| Passivos Totais | $467.9M | $474.3M | $473.9M | $479.9M |
| Patrimônio Líquido | $468.8M | $485.0M | $475.5M | $482.6M |
| Dívida Total | $288.2M | $290.0M | $296.9M | $295.6M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|
| Lucro Líquido | -$6.4M | -$3.9M | -$5.8M | -$11.0M | -$9.0M | -$12.8M | -$6.8M | -$5.7M | -$51.0M | -$20.6M |
| Depreciação e Amortização | $685000 | $1.1M | $1.6M | $3.3M | $11.3M | $8.6M | $8.3M | $9.4M | $47.5M | $60.3M |
| Compensação em Ações | $1.7M | $2.4M | 0 | $3.8M | 0 | $4.7M | $4.3M | $3.9M | $9.4M | $7.5M |
| Variação Capital de Giro | $1.2M | $3.8M | -$220000 | -$5.1M | $665000 | -$11.9M | -$9.0M | -$460000 | -$25.0M | -$29.9M |
| Fluxo de Caixa Operacional | -$2.5M | $3.9M | -$1.7M | -$7.3M | $8.8M | -$5.4M | $1.2M | $4.4M | -$3.3M | $30.5M |
| CapEx | -$505000 | -$386000 | -$251000 | -$1.0M | -$3.4M | -$3.0M | -$6.2M | -$7.1M | -$33.8M | -$21.6M |
| Aquisições | $505000 | -$7.4M | $251000 | -$69.0M | $75000 | 0 | 0 | $8.7M | -$137.1M | 0 |
| Recompra de Ações | 0 | 0 | -$652000 | -$317000 | -$423000 | -$794000 | -$211000 | -$141000 | -$2.8M | 0 |
| Dividendos Pagos | 0 | 0 | 0 | 0 | 0 | -$4.1M | 0 | -$3.4M | -$90.3M | 0 |
| Fluxo de Caixa Livre | -$3.0M | $3.5M | -$2.0M | -$8.3M | $5.5M | -$8.4M | -$5.0M | -$2.7M | -$37.1M | $8.8M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $5.5M | $10.2M | $10.0M | $8.4M |
| CapEx | -$12.1M | -$5.3M | -$3.9M | -$4.9M |
| Fluxo de Caixa Livre | -$6.6M | $4.9M | $6.1M | $3.6M |
| Dividendos Pagos | 0 | 0 | 0 | 0 |
| Compensação em Ações | $2.6M | $1.5M | $1.6M | 0 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Crescimento Receita (anual) | | +11.2% | +29.6% | +54.4% | +38.7% | +10.9% | +7.3% | +168.2% | +0.0% | +22.4% |
| Crescimento Lucro Líquido (anual) | | +39.2% | -50.2% | -88.6% | +17.8% | -41.7% | +45.1% | -628.1% | +0.0% | +59.7% |
| Crescimento LPA (anual) | | +46.9% | -30.8% | -58.8% | +44.4% | -540.0% | +89.6% | -1534.2% | +60.6% | +65.1% |
| Variação de Ações (anual) | | +15.2% | +15.2% | +18.8% | +45.1% | -61.2% | +207.1% | -66.4% | +236.5% | +11.6% |
| Crescimento FCF (anual) | | +218.2% | -155.3% | -325.6% | +165.9% | -253.7% | +40.8% | +45.9% | -1277.4% | +123.8% |
| Margem Bruta | 49.7% | 51.1% | 48.6% | 46.8% | 52.0% | 47.4% | 47.5% | 53.7% | 53.7% | 55.5% |
| Margem Operacional | -17.3% | -10.0% | -10.8% | -11.9% | -3.2% | -6.5% | -5.1% | -7.1% | -7.1% | 4.4% |
| Margem EBITDA | -14.6% | -6.6% | -7.7% | -2.2% | 6.8% | 0.3% | 5.8% | 15.7% | 5.9% | 17.2% |
| Margem Líquida | -17.3% | -9.4% | -11.0% | -13.4% | -7.9% | -10.1% | -5.2% | -14.1% | -14.1% | -4.6% |
| Margem FCF | -8.1% | 8.6% | -3.7% | -10.1% | 4.8% | -6.7% | -3.7% | -0.7% | -10.2% | 2.0% |
| Taxa Efetiva de Imposto | -4.7% | 7.4% | -0.0% | -0.7% | -13.0% | -17.3% | -4.4% | -9.7% | -9.7% | -77.2% |
Dados por Ação (10 anos)
| Ano | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| FCF por Ação | $-0.08 | $0.08 | $-0.04 | $-0.14 | $0.06 | $-0.24 | $-0.05 | $-0.08 | $-0.31 | $0.07 |
| Dividendo por Ação | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.10 | $0.75 | $0.00 |
| Ações em Circulação (Básicas) | $39.0M | $44.9M | $51.7M | $61.4M | $89.1M | $34.6M | $106.2M | $35.6M | $119.9M | $133.8M |
O que olhar em empresas de Technology
- Crescimento de receita 3a (≥15%/ano) — Valida tração sustentada, não um ano pontual.
- Margem bruta (Depende do sub-setor) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Receita (≥20%) — Caixa real gerada. Muitas tech maquilham lucros não-GAAP.
- ROIC (≥15%) — Eficiência do capital reinvestido — a primeira métrica de Buffett.
- SBC / Receita (<10% saudável) — Stock-based compensation. Diluição silenciosa: >20% destrói valor.
- Dívida Líquida / EBITDA (≤2x (1,5x SaaS)) — Resistência em recessões e subidas de juros.
Rentabilidade
| Retorno sobre patrimônio | -3.92% |
| Retorno sobre capital investido | 2.55% |
| Retorno sobre ativos | -1.95% |
| Margem bruta | 55.74% |
| Margem operacional | 4.86% |
| Margem líquida | -4.16% |
Saúde financeira
| Dívida / Patrimônio | 0.61 |
| Liquidez corrente | 1.10 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 0.75 |
Índices Chave (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| P/L | -29.20 | -55.04 | -42.09 | -26.50 | -47.70 | -7.45 | -71.51 | -4.38 | -12.77 | -20.53 |
| P/VP | 11.61 | 6.49 | 8.29 | 2.23 | 2.74 | 1.14 | 3.59 | 1.32 | 1.47 | 0.87 |
| P/V | 5.05 | 5.23 | 4.65 | 3.58 | 3.74 | 1.31 | 3.75 | 0.47 | 1.82 | 0.93 |
| Margem Bruta | 49.7% | 51.1% | 48.6% | 46.8% | 52.0% | 47.4% | 47.5% | 53.7% | 53.7% | 55.5% |
| Margem Operacional | -17.3% | -10.0% | -10.8% | -11.9% | -3.2% | -6.5% | -5.1% | -7.1% | -7.1% | 4.4% |
| Margem Líquida | -17.3% | -9.4% | -11.0% | -13.4% | -7.9% | -10.1% | -5.2% | -14.1% | -14.1% | -4.6% |