canar.ai
Rankings/AIOT/Q1 2023 Analysis

Powerfleet, Inc.

AIOT
Q1 2023(AIOT Q3 FY2023)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$7.6M
AI Revenue (Q)
$856,075
Total Revenue (Q)
$34.2M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q3 CY2023 (Jul-Sep 2023) revenue $34.2M (restated). Single segment: wireless IoT asset management. No AI revenue disclosure. Company preparing for MiX Telematics merger. 2.5% maintained reflecting ML analytics in Unity platform and Movingdots insurance telematics.
Analyzed by claude-opus-4-6

Quoted Figures

Total revenues $34,243 (Products $13,233 + Services $21,010) for three months ended September 30, 2023 (As Restated)
10-Q Q2 FY2025, Condensed Consolidated Statements of Operations (comparative)

AI Products Identified (Ring 1)

Unity platform ML analyticsMovingdots insurance telematics ML

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