canar.ai
Rankings/AIOT/Q4 2021 Analysis

Powerfleet, Inc.

AIOT
Q4 2021(AIOT Q2 FY2022)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$5.5M
AI Revenue (Q)
$691,880
Total Revenue (Q)
$34.6M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Single segment: wireless IoT asset management. Total Q revenue ~$34.6M. Company still branded as IoT, not AIoT. ML capabilities embedded in SaaS analytics but no standalone AI product or revenue disclosure. Services revenue $19.8M includes basic telematics subscriptions (GPS tracking, compliance). 2% estimate unchanged from Q1.
Analyzed by claude-opus-4-6

Quoted Figures

Total revenues $34,594 (Products $14,818 + Services $19,776) for Q2 2022
10-Q Q2 FY2022, Condensed Consolidated Statements of Operations

AI Products Identified (Ring 1)

Unity platform ML analyticsFleet 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