Company
Headquarters: Azor, Israel
Founded: 1994
Employees: 3,000
CEO: Mr. Nir Sheratzky
$5.3 Million
USD as of Jan. 1, 2024
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Ituran Location and Control Ltd., together with its subsidiaries, provides location-based services and wireless communications products. The company's Location-Based Services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and personal locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, service platform includes a back-office application, a telematics device installed in the vehicle, mobile apps for both IOS and Android users, as well as usage based insurance. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. Its Wireless Communications Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. As of December 31, 2020, it served approximately 17,680,000 end-users in Israel, Brazil, Argentina, Mexico, Ecuador, Colombia, and the United States. The company was incorporated in 1994 and is headquartered in Azor, Israel.
Top 1-year algo backtest: +269.94%
$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.
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Ituran Location and Control Ltd. has the following listings and related stock indices.
Stock: NASDAQ: ITRN wb_incandescent
Stock: FSX: I4L wb_incandescent
Fleet Management Systems Real-time locating systems Telematics systems, Stolen vehicle recovery Vehicle tracking servicesLocation-based services
Founder(s): Izzy Sheratzky, Yehuda Kahane
Revenue: US$ 182 million (2014)
Operating income: US$ 47.87 million (2014)
Net income: US$ 30.42 million (2014)