Craft

INIT

Stock Price

€26.4

2023-09-19

Market Capitalization

€260.8 M

2023-09-19

Revenue

€191.3 M

FY, 2022

INIT Summary

Company Summary

Overview
INIT Group (also known as Init Innovation in Traffic Systems) is a company that develops information technology (IT) solutions for public transport. It specializes in operations control and real-time passenger information, open mobility platforms, planning and dispatching, analyzing and optimization, customer support and operations, ticketing and fare management, electromobility, research and development.
Type
Public
Status
Active
Founded
1983
HQ
Karlsruhe, DE | view all locations
Website
https://www.initse.com/ende/home.html
Cybersecurity rating
Sectors

Key People

  • Gottfried Greschner

    Gottfried Greschner, Chief Executive Officer and Board Member

    • Jürgen Greschner

      Jürgen Greschner, Chief Sales Officer and Board Member

    • Matthias Kühn

      Matthias Kühn, COO and Board Member

    • Hans-Joachim Rühlig

      Hans-Joachim Rühlig, Chairman

      Operating MetricsView all

      Customers

      1.1K
      57.1%

      FY, 2021

      Order Intake

      €45.5M
      9.0%

      Q2, 2022

      Order Backlog

      €170M
      18.9%

      Q2, 2022

      LocationsView all

      18 locations detected

      • Karlsruhe, BW HQ

        Germany

        Käppelestraße 4

      • Chesapeake, VA

        United States

        424 Network Station

      • Seattle, WA

        United States

        Norton Building, 801 2nd Ave #1115seattle

      • New York, NY

        United States

      • Toowong, QLD

        Australia

        Level 5/9 Sherwood Rd

      • Montréal, QC

        Canada

        2690 Rue Alphonse Gariépy, Lachine

      and 12 others

      INIT Financials

      Summary Financials

      Revenue (Q2, 2023)
      €51.1M
      Gross profit (Q2, 2023)
      €22.6M
      Net income (Q2, 2023)
      €3.1M
      Cash (Q2, 2023)
      €36.7M
      EBIT (Q2, 2023)
      €3.3M
      Enterprise value
      $290.9M

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