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 fiscal year ended 31 December 2023, Init Innovation In Traffic Systems SE revenues increased 10% to EUR210.8M. Net income decreased 8% to EUR15.2M. Revenues reflect Germany segment increase of 33% to EUR72.7M, Rest of Europe segment increase of 7% to EUR42.8M. Net income was offset by Labor & Related Expenses in admin increase of 11% to EUR14.7M (expense), Interest expenses - Balancing value increase from EUR620K to EUR1.4M (expense).