Powerfleet delays annual report filing despite strong fiscal year

Powerfleet (JSE: PWRE) has announced a delay in filing its annual report on Form 10-K for the fiscal year ended March 31, 2025. The original filing deadline of June 16, 2025, will be missed due to the need for additional time to review certain financial statement disclosures, including assessing internal controls. The company expects to file the Form 10-K within the 15-day extension period allowed under Exchange Act Rule 12b-25.