Ituran

Vehicle Tracking Technologies.

Launch date

1994

Employees

501-1000 people

Market cap

Enterprise valuation

€438m (Public information from Sep 2024)

Azor Tel Aviv District (HQ)

http://www.ituran.com/en/

https://twitter.com/iturangps https://www.facebook.com/ituran.rastreador https://www.linkedin.com/company/ituran-brasil/https://apps.apple.com/app/id1013863186 https://play.google.com/store/apps/details?id=com.ituran.ituranargentina

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	246m	271m	293m	320m	337m	372m	399m
% growth	(12 %)	10 %	8 %	9 %	5 %	10 %	7 %
EBITDA	75.1m	72.2m	78.8m	89.1m	90.3m	91.1m	97.0m
% EBITDA margin	31 %	27 %	27 %	28 %	27 %	25 %	24 %
Profit	16.1m	34.3m	37.1m	48.1m	52.2m	55.4m	58.3m
% profit margin	7 %	13 %	13 %	15 %	15 %	15 %	15 %
EV / revenue	1.6x	2.0x	1.5x	1.7x	1.7x	1.5x	1.4x
EV / EBITDA	5.3x	7.6x	5.4x	6.1x	6.2x	6.2x	5.8x
R&D budget	12.8m	14.1m	16.8m	17.0m	-	-	-
R&D % of revenue	5 %	5 %	6 %	5 %	-	-	-

Date	Investors	Amount	Round
Sep 2005	N/A	N/A	IPO
Total Funding		-

ACQUISITION by Ituran Jun 2018