Powerfleet, Inc.
AIOTQ2 2023(AIOT Q4 FY2023)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$7.7M
AI Revenue (Q)
$863,750
Total Revenue (Q)
$34.5M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 CY2023 (Oct-Dec 2023) revenue $34.6M. Full CY2023 ~$133.3M. 10-K for FY2023 (filed later, ending Dec 2023) still describes company as 'Internet-of-Things (IoT) solutions.' Single segment: wireless IoT asset management. No AI revenue breakout. ML capabilities are feature enhancements within SaaS platform, not standalone AI products. 2.5% maintained = ~$3.3M implied annual AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $34,550 (Products $12,916 + Services $21,634) for three months ended December 31, 2023
10-Q Q3 FY2025, Condensed Consolidated Statements of Operations (comparative)
Powerfleet is a global leader of Internet-of-Things (IoT) solutions
10-K FY2023, Item 1 Business
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 SaaSPointer telematicsCellocator products
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix