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ITRN| Name | Value |
|---|---|
| Revenues | 85.0M |
| Cost of Revenue | 45.5M |
| Gross Profit | 39.5M |
| Operating Expense | 22.6M |
| Operating I/L | 17.0M |
| Other Income/Expense | 0.1M |
| Interest Income | 0.1M |
| Pretax | 17.1M |
| Income Tax Expense | 3.4M |
| Net Income/Loss | 13.0M |
Ituran Location and Control Ltd. offers location-based telematics services and machine-to-machine telematics products. Its Telematics services segment provides stolen vehicle recovery, fleet management, locator services, and on-demand navigation guidance. The company also offers Connected Car, usage-based insurance, and auto financing services. The Telematics Products segment provides radio receivers, control centers, navigation and tracking devices, and portable transmitters. Ituran serves insurance companies, car manufacturers, dealers, and private subscribers. The company generates revenue through subscription fees for its telematics services, sales of telematics products, and partnerships with insurance and automotive companies.
