Gary Prespettino's questions to Powerfleet (AIOT) leadership • Q4 2025
Question
Asked for clarification on the new EverDriven contract, specifically whether it was a competitive takeaway and its potential size. He also questioned the reported organic growth rate for the quarter.
Answer
The EverDriven contract was won after a competitive bid process where the existing customer sought to overhaul its technology solutions with AI video. The company confirmed it is a significant, multi-million dollar contract and one of their bigger deals. They clarified that the total organic growth for the quarter was 7%, while the 9% figure mentioned earlier referred specifically to the growth in international operations.