Detail akcie INIT Innovation online

Business Summary: init innovation in traffic systems SE is a Germany-based provider of solutions to the public transport industry. The Company develops and supplies integrated planning, dispatching, telematics and ticketing systems for buses and trains. The Company's solutions for planning, operating and optimizing public transportation include intermodal transport control systems, real time passenger information, electronic ticketing, planning and dispatching and automatic passenger counting. It operates through subsidiaries in Austria, Germany, the United States, Canada, the United Arab Emirates, Finland, the United Kingdom, Switzerland and Singaport, including INIT GmbH, initplan GmbH, INIT Inc and initperdis GmbH.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Init Innovation In Traffic Systems SE revenues increased 31% to EUR50.5M. Net income totaled EUR2.4M vs. loss of EUR1.7M. Revenues reflect Germany segment increase of 55% to EUR18.6M, Rest of Europe segment increase of 65% to EUR10.7M. Net Income reflects Foreign currency gains and losses increase from EUR277K to EUR755K (income).