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Side-by-side financial comparison of Elme Communities (ELME) and KORE Group Holdings, Inc. (KORE). Click either name above to swap in a different company.

KORE Group Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $62.1M, roughly 1.2× Elme Communities). KORE Group Holdings, Inc. runs the higher net margin — -25.0% vs -198.9%, a 173.9% gap on every dollar of revenue. On growth, Elme Communities posted the faster year-over-year revenue change (1.7% vs 0.7%). KORE Group Holdings, Inc. produced more free cash flow last quarter ($9.4M vs $7.2M). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs -1.4%).

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

KORE Wireless is a publicly traded company that provides IoT connectivity, managed services, and related solutions. The company supports applications across sectors including healthcare, logistics, fleet, utilities, and industrial automation, with more than 20 million active connections reported worldwide.

ELME vs KORE — Head-to-Head

Bigger by revenue
KORE
KORE
1.2× larger
KORE
$73.9M
$62.1M
ELME
Growing faster (revenue YoY)
ELME
ELME
+1.0% gap
ELME
1.7%
0.7%
KORE
Higher net margin
KORE
KORE
173.9% more per $
KORE
-25.0%
-198.9%
ELME
More free cash flow
KORE
KORE
$2.1M more FCF
KORE
$9.4M
$7.2M
ELME
Faster 2-yr revenue CAGR
ELME
ELME
Annualised
ELME
2.7%
-1.4%
KORE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ELME
ELME
KORE
KORE
Revenue
$62.1M
$73.9M
Net Profit
$-123.5M
$-18.5M
Gross Margin
61.1%
Operating Margin
-183.3%
-0.8%
Net Margin
-198.9%
-25.0%
Revenue YoY
1.7%
0.7%
Net Profit YoY
-4058.7%
27.4%
EPS (diluted)
$-1.40
$-0.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELME
ELME
KORE
KORE
Q4 25
$73.9M
Q3 25
$62.1M
$68.7M
Q2 25
$62.1M
$71.3M
Q1 25
$61.5M
$72.1M
Q4 24
$61.3M
$73.3M
Q3 24
$61.1M
$68.9M
Q2 24
$60.1M
$67.9M
Q1 24
$59.5M
$76.0M
Net Profit
ELME
ELME
KORE
KORE
Q4 25
$-18.5M
Q3 25
$-123.5M
$-12.7M
Q2 25
$-3.6M
$-16.9M
Q1 25
$-4.7M
$-14.9M
Q4 24
$-3.0M
$-25.4M
Q3 24
$-3.0M
$-19.4M
Q2 24
$-3.5M
$-83.6M
Q1 24
$-3.6M
$-17.6M
Gross Margin
ELME
ELME
KORE
KORE
Q4 25
Q3 25
61.1%
Q2 25
63.5%
Q1 25
64.2%
Q4 24
62.9%
Q3 24
63.5%
Q2 24
63.4%
Q1 24
63.5%
Operating Margin
ELME
ELME
KORE
KORE
Q4 25
-0.8%
Q3 25
-183.3%
-6.1%
Q2 25
9.6%
-7.3%
Q1 25
7.8%
-3.4%
Q4 24
10.4%
-17.8%
Q3 24
11.0%
-8.2%
Q2 24
9.8%
-113.0%
Q1 24
7.5%
-9.7%
Net Margin
ELME
ELME
KORE
KORE
Q4 25
-25.0%
Q3 25
-198.9%
-18.5%
Q2 25
-5.7%
-23.7%
Q1 25
-7.6%
-20.7%
Q4 24
-4.9%
-34.7%
Q3 24
-4.9%
-28.2%
Q2 24
-5.8%
-123.2%
Q1 24
-6.1%
-23.1%
EPS (diluted)
ELME
ELME
KORE
KORE
Q4 25
$-0.92
Q3 25
$-1.40
$-0.64
Q2 25
$-0.04
$-0.86
Q1 25
$-0.05
$-0.77
Q4 24
$-0.04
$-1.29
Q3 24
$-0.03
$-1.00
Q2 24
$-0.04
$-4.37
Q1 24
$-0.04
$-0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELME
ELME
KORE
KORE
Cash + ST InvestmentsLiquidity on hand
$7.1M
$26.7M
Total DebtLower is stronger
$301.3M
Stockholders' EquityBook value
$908.9M
$-163.8M
Total Assets
$1.7B
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELME
ELME
KORE
KORE
Q4 25
$26.7M
Q3 25
$7.1M
$19.3M
Q2 25
$4.8M
$21.0M
Q1 25
$6.4M
$19.7M
Q4 24
$6.1M
$19.4M
Q3 24
$4.8M
$18.6M
Q2 24
$5.6M
$22.3M
Q1 24
$4.2M
$23.0M
Total Debt
ELME
ELME
KORE
KORE
Q4 25
$301.3M
Q3 25
Q2 25
Q1 25
Q4 24
$303.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ELME
ELME
KORE
KORE
Q4 25
$-163.8M
Q3 25
$908.9M
$-145.7M
Q2 25
$1.0B
$-133.5M
Q1 25
$1.1B
$-114.9M
Q4 24
$1.1B
$-99.6M
Q3 24
$1.1B
$-77.2M
Q2 24
$1.1B
$-57.2M
Q1 24
$1.1B
$22.3M
Total Assets
ELME
ELME
KORE
KORE
Q4 25
$410.5M
Q3 25
$1.7B
$423.4M
Q2 25
$1.8B
$432.9M
Q1 25
$1.8B
$445.1M
Q4 24
$1.8B
$455.8M
Q3 24
$1.9B
$473.9M
Q2 24
$1.9B
$487.7M
Q1 24
$1.9B
$576.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELME
ELME
KORE
KORE
Operating Cash FlowLast quarter
$15.9M
$10.4M
Free Cash FlowOCF − Capex
$7.2M
$9.4M
FCF MarginFCF / Revenue
11.6%
12.7%
Capex IntensityCapex / Revenue
14.0%
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$86.7M
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELME
ELME
KORE
KORE
Q4 25
$10.4M
Q3 25
$15.9M
$1.1M
Q2 25
$29.8M
$4.1M
Q1 25
$16.2M
$2.9M
Q4 24
$95.2M
$2.1M
Q3 24
$20.7M
$1.2M
Q2 24
$28.9M
$4.0M
Q1 24
$21.2M
$1.9M
Free Cash Flow
ELME
ELME
KORE
KORE
Q4 25
$9.4M
Q3 25
$7.2M
$879.0K
Q2 25
$21.1M
$2.8M
Q1 25
$10.5M
$2.7M
Q4 24
$47.9M
$2.0M
Q3 24
$8.8M
$973.0K
Q2 24
$21.0M
$3.1M
Q1 24
$7.6M
$1.0M
FCF Margin
ELME
ELME
KORE
KORE
Q4 25
12.7%
Q3 25
11.6%
1.3%
Q2 25
34.1%
4.0%
Q1 25
17.1%
3.8%
Q4 24
78.1%
2.7%
Q3 24
14.4%
1.4%
Q2 24
34.9%
4.6%
Q1 24
12.8%
1.4%
Capex Intensity
ELME
ELME
KORE
KORE
Q4 25
1.5%
Q3 25
14.0%
0.3%
Q2 25
14.0%
1.8%
Q1 25
9.2%
0.2%
Q4 24
77.4%
0.1%
Q3 24
19.4%
0.3%
Q2 24
13.1%
1.3%
Q1 24
22.9%
1.2%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

KORE
KORE

Io T Connectivity And Solutions Services$55.9M76%
Hardware Sales$15.4M21%
Deployment Services Professional Services Referral Services And Other$2.5M3%

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