Iridium World Communications (OTCMKTS:IRIDQ) & KORE Group (NYSE:KORE) Financial Comparison

KORE Group (NYSE:KORE) and Iridium World Communications (OTCMKTS:IRIDQ) are both communication services companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, risk, profitability, earnings, analyst recommendations, institutional ownership and valuation.

Analyst Ratings

This is a summary of current ratings and price targets for KORE Group and Iridium World Communications, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
KORE Group	1	1	0	0	1.50
Iridium World Communications	0	0	0	0	0.00

KORE Group presently has a consensus target price of $5.00, suggesting a potential downside of 45.95%. Given Iridium World Communications’ higher possible upside, analysts clearly believe Iridium World Communications is more favorable than KORE Group.

Risk and Volatility

KORE Group has a beta of 1.46, suggesting that its share price is 46% more volatile than the S&P 500. Comparatively, Iridium World Communications has a beta of 0.07, suggesting that its share price is 93% less volatile than the S&P 500.

Profitability

This table compares KORE Group and Iridium World Communications’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
KORE Group	-27.37%	N/A	-18.41%
Iridium World Communications	N/A	N/A	N/A

Earnings and Valuation

This table compares KORE Group and Iridium World Communications”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
KORE Group	$279.62 million	0.58	-$62.98 million	($3.86)	-2.40
Iridium World Communications	N/A	N/A	N/A	N/A	N/A

Iridium World Communications has lower revenue, but higher earnings than KORE Group.

Insider & Institutional Ownership

57.5% of KORE Group shares are held by institutional investors. 33.5% of KORE Group shares are held by company insiders. Comparatively, 4.1% of Iridium World Communications shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

KORE Group beats Iridium World Communications on 5 of the 8 factors compared between the two stocks.

About KORE Group

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company’s products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.

About Iridium World Communications

In August 1999, Iridium World Communications Ltd. filed a voluntary petition under Chapter 11 of the United States Bankruptcy Court, and operated as a debtor-in-possession. Iridium World Communications, Ltd. was engaged in the ownership and participation in the management of Iridium LLC, its parent company, which owned Iridium Operating LLC (Iridium), as of March 31, 1999. Iridium operated as a global wireless telecommunications company. It enabled its customers to make and receive phone calls, and receive pages virtually anywhere in the world. The company was founded in 1991 and is based in Hamilton, Bermuda.