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t42 IoT Tracking Solutions PLC

t42 IoT Tracking Solutions PLC

TRAC.L
t42 IoT Tracking Solutions PLCGB flagLondon Stock Exchange
4.00
GBp
- -
- -
2.93MMarket Cap
t42 IoT Tracking Solutions PLC
TRAC.L
(London Stock Exchange)

Recent

price

4.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.6
0.63
0.91
0.66
0.48
0.45
0.31
0.23
0.18
0.17
0.12
0.09
0.08
0.07
- -
0.09
Revenue per Share
0.08
0.09
0.15
-0.2
-0.27
-0.15
-0.12
-0.06
-0.03
-0.02
-0.05
-0.06
-0.02
-0.01
- -
-0.01
Basic EPS, GAAP
- -
-0.02
-0.13
-0.25
-0.37
-0.09
-0.05
-0.06
-0.03
-0.01
-0.02
-0.02
-0.03
-0.01
- -
0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.02
0.1
0.26
0.05
-0.22
-0.36
-0.37
-0.32
-0.25
-0.23
-0.26
-0.31
-0.29
-0.29
- -
-0.28
Book Value per Share
-0.04
-0.02
0.13
0.23
0.2
0.08
0.01
0.02
0.05
0.04
- -
-0.02
-0.03
-0.03
- -
-0.05
Tangible Book Value per Share
9
9
9
9
10
11
16
23
34
41
44
46
53
54
- -
64
Basic Weighted Avg Shares
5
6
8
6
5
5
5
5
6
7
5
4
4
4
4
6
Sales/Revenue/Turnover
14.59
16.54
25.16
-15.26
-53.65
-30.34
-33.85
-16.69
-14.2
-9.27
-35.21
-63.79
-34.55
-3.05
-20.71
6.39
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
- -
- -
1
- -
Depreciation Expense
1
1
1
-2
-3
-2
-2
-1
-1
-1
-2
-3
-1
- -
-2
-1
Net Income, GAAP
- -
- -
19.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
12.71
14.15
16.62
-30.54
-56.3
-34.28
-39.2
-24.82
-15.35
-14.95
-40.57
-70.22
-24.89
-10.49
-42.04
-9.44
Profit Margin (%)
- -
- -
2
2
2
1
- -
- -
1
1
- -
- -
-2
-2
-4
-2
Working Capital
1
1
1
1
1
1
- -
- -
- -
- -
1
2
1
2
1
3
LT Debt
- -
1
3
4
4
3
3
3
4
4
2
- -
-1
-1
-3
-3
Total Equity
- -
66.74
54.79
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
65.87
55.64
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
146.79
84.25
-129.68
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-22.87%
-39.97%
9.58%
Free Cash Flow
-19.16%
-41.26%
-6%
Net Income, GAAP
23.07%
33.92%
-67.05%
Sales/Revenue/Turnover
3.3%
5.82%
46.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4
2024
- -
- -
- -
- -
4
2025
- -
- -
- -
- -
6

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-0.01
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
-0.01

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
t42 IoT Tracking Solutions PLC t42 IoT Tracking Solutions PLC (TRAC.L) develops and sells Internet of Things (IoT) hardware and software solutions for real-time tracking, monitoring, analysis, and security of shipping containers, assets, fleets, and cargo worldwide; its core products include Tetis for dry container tracking, Tetis R and Tetis R Hybrid for refrigerated cargo with integrated multi-sensors, Lokies keyless IoT padlocks, WatchLock Cube smart reporting locks, Kylos GPS trackers in variants such as Pro, Forever, and Air for asset management including location, temperature, humidity, impact, light exposure, and velocity detection, alongside SaaS platforms like online web applications for fleet and container management, Control Center for emergency response procedures, and Olympia Tracking mobile app, complemented by big-data cloud storage, staff training, technical support, software licensing, professional services, and maintenance. The company serves shipping companies, freight forwarders, insurance providers, customs authorities, homeland security, and marine police through distributors, system integrators, and strategic partners across regions including Europe, Latin America, Africa, South America, Mexico, and Israel. Founded in 2004 and headquartered in Hod Hasharon, Israel, it was formerly Starcom plc, changing its name to t42 IoT Tracking Solutions PLC in November 2021; recent developments encompass a significant $2.5 million contract signed in August 2025 for container tracking devices with revenue recognition spanning 2025-2026 and advance payments enhancing cash flow, extensions of two convertible loan notes to end-2027 for improved financial flexibility with ongoing repayments, a Latin America consortium agreement for shipping container device sales and distribution, Mexico market entry, strategic collaborations with AI/tech partners and Israel's largest port, accelerated product enhancements like energy-efficient Helios M Pro fleet trackers, and robust H1 2025 revenue growth to $2.3 million with positive adjusted EBITDA of $239,000, targeting 200% year-over-year Lokies revenue expansion amid multi-million-dollar pipeline opportunities.