Powerfleet, Inc.
AIOTQ3 2022(AIOT Q1 FY2023)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$7.2M
AI Revenue (Q)
$802,300
Total Revenue (Q)
$32.1M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q1 CY2023 revenue $32.8M. Movingdots acquisition closed Mar 31, 2023, adding insurance telematics with some ML capabilities. Movingdots contributed $523K revenue post-close. Company still branded as IoT. Small uptick to 2.5% reflects Movingdots ML-based insurance telematics contribution plus maturing Unity analytics. No AI revenue disclosure.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $32,839 (Products $12,404 + Services $20,435)
10-Q Q1 FY2023, Condensed Consolidated Statements of Operations
Revenue and net loss of Movingdots since the Movingdots Closing included in the consolidated income statement was $523
10-K FY2023, Note 4 Acquisition
Movingdots end-to-end telematics app solution will enhance Powerfleet s software-as-a-service (SaaS)-based fleet intelligence platform, Unity, with additional customization capabilities and insurance risk insights
10-K FY2023, Note 4 Acquisition
AI Products Identified (Ring 1)
Unity platform ML analyticsMovingdots insurance telematics MLFleet KPI machine learning
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
GPS fleet trackingIoT hardware devicesBasic telematics SaaSDriver behavior monitoring
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix