Inseego Corp. (INSG)

From the record

Inseego Corp.'s filings since 2017 show 9 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2020-05-12); a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2023-10-10); an auditor change (8-K item 4.01, 3 times, the latest 2025-04-10); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2017-05-10) (its current reports).

From the record

Inseego Corp.'s 7 filed years say what it did: revenue went from $219 million in fiscal 2019 to $166 million in fiscal 2025, down 4.5% a year; it rose in 2 of 6 years; the deepest fall was 47% from fiscal 2020 to fiscal 2025; net income was positive in 2 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Inseego Corp.'s diluted share count grew about 12.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-11-03 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Inseego Corp.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 76 cents per dollar of everything the company owns. Leverage: it owed about 104 cents per dollar of assets, and net share issuance: its share count grew 20.7% over the year (the filed statements).

From the record

Inseego Corp.'s standing among 12 graded names in its industry family: revenue of $166 million in fiscal 2025 ranks in the top 46% by size; a net margin of 0.5% ranks in the top 37%; revenue growth of -12.2% a year over the last 3 filed years ranks in the bottom 21% (its annual reports).

From the record

Inseego Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Sarvikas, Juho (Chief Executive Officer, as filed), filing under that title since 2025-01-07, 1.8 years (bottom 44% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 2.6 years (bottom 21%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Inseego Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $25 million against no long-term debt tagged leaves 26.5% of its assets as net cash, bottom 46% of its family; cash from operations less capital spending is 3.9% of revenue (top 37%); a gross margin of 42.7% (top 32%); research spending of 11.9% of revenue (top 37%) (its annual report).

From the record

Inseego Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew -12.2% a year over the last three filed years against -4.5% over all 7, slowing (bottom 21% of its family); the newest year grew -13.1% (bottom 29%); research spending grew -19.7% a year (bottom 4%); capital spending grew -23.6% a year (bottom 21%) (its annual reports). Inseego Corp. reported 3 product lines in fiscal 2025: Mobile Solutions at $68 million (41%), Fixed Wireless Access Solutions at $50 million (30%), Software Services and Other at $49 million (29%); 2 of 3 grew against the year before (its annual report).

From the record

Inseego Corp.'s newest year against its own record: revenue of $166 million in fiscal 2025 came in 1.6% below the $169 million its prior three years' pace pointed to (top 46% of its family); net income of $838 thousand against a prior three-year average of $37 million (top 21%); a net margin of 0.5% against -17.6% before (top 12%) (its annual reports).