Iteris, Inc. is a provider of information solutions for both the traffic management and global agribusiness markets, turning big data into big breakthrough solutions. The Company collects, aggregates and analyzes data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. 
There are two major segments in Iteris, namely roadway sensors and transportation systems. Its roadway sensors segment markets on vehicle detection systems for traffic intersection control and traffic data collections. The products of this segment are Vantage series video detection system (such as VantageView, Vantage Vector), SmartSpan and SmartCycle, VersiCam, Pico, and Abacus. The Company’s transportation systems segment markets on transportation engineering, and consulting services, information systems and decision support systems for better traffic conditions. 

Company Growth (employees)
Type
Public
HQ
Santa Ana, US
Founded
1969
Size (employees)
432 (est)+8%
Website
iteris.com
Iteris was founded in 1969 and is headquartered in Santa Ana, US

Iteris Office Locations

Iteris has an office in Santa Ana
Santa Ana, US (HQ)
1700 Carnegie Ave

Iteris Data and Metrics

Iteris Financial Metrics

Iteris's revenue was reported to be $96 m in FY, 2017 which is a 23% increase from the previous period.
USD

Revenue (FY, 2017)

96 m

Revenue growth (FY, 2016 - FY, 2017), %

23%

Gross profit (FY, 2017)

37.4 m

Gross profit margin (FY, 2017), %

39%

Net income (FY, 2017)

(4.8 m)

EBIT (FY, 2017)

(5.2 m)

Market capitalization (18-Aug-2017)

189.5 m

Cash (31-Mar-2017)

18.2 m
Iteris's current market capitalization is $189.5 m.
USDFY, 2015FY, 2016FY, 2017

Revenue

72.3 m77.7 m96 m

Revenue growth, %

6%8%23%

Cost of goods sold

44.1 m47.1 m58.6 m

Gross profit

28.2 m30.7 m37.4 m

Gross profit Margin, %

39%39%39%

R&D expense

6.9 m

General and administrative expense

33.3 m

Operating expense total

30.3 m34.1 m42.6 m

EBIT

(2.1 m)(3.5 m)(5.2 m)

EBIT margin, %

(3%)(4%)(5%)

Interest expense

6 k

Pre tax profit

(2.1 m)(3.5 m)(5.2 m)

Income tax expense

(9.1 m)

Net Income

(1.1 m)(12.3 m)(4.8 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

18.1 m18.6 m17.5 m18.4 m20.6 m19 m23.9 m24.1 m22.7 m

Cost of goods sold

11.3 m11.3 m10.7 m10.7 m12.7 m11.8 m14.5 m14.6 m14.1 m

Gross profit

6.8 m7.3 m6.9 m7.6 m7.9 m7.2 m9.4 m9.5 m8.6 m

Gross profit Margin, %

38%39%39%42%38%38%39%39%38%

R&D expense

1.1 m1.3 m1.6 m1.5 m2.1 m1.9 m1.6 m1.7 m2 m

General and administrative expense

5.7 m6.2 m5.7 m6.5 m6.3 m6.4 m7.8 m7.9 m8 m

Operating expense total

6.8 m7.5 m7.4 m8 m8.4 m8.3 m9.4 m9.6 m10 m

EBIT

(95 k)(320 k)(593 k)(446 k)(569 k)(1.1 m)(90 k)(185 k)(1.5 m)

EBIT margin, %

(1%)(2%)(3%)(2%)(3%)(6%)(0%)(1%)(6%)

Interest expense

1 k(5 k)4 k

Interest income

1 k4 k

Pre tax profit

(97 k)(595 k)(442 k)(561 k)(1.1 m)(93 k)(183 k)(1.5 m)

Income tax expense

198 k112 k(9.4 m)(1 k)8 k

Net Income

(19 k)(206 k)(304 k)(192 k)(587 k)(11 m)(38 k)(79 k)(1.5 m)
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

20.4 m22 m16 m18.2 m

Inventories

2.5 m3.1 m3.2 m2.3 m

Current Assets

43.8 m44.5 m39.2 m43.3 m

PP&E

1.5 m2 m2.1 m2.1 m

Goodwill

17.3 m17.3 m17.3 m15.2 m

Total Assets

70.6 m70.6 m60 m62.3 m

Accounts Payable

5.9 m5.9 m5.5 m7.9 m

Current Liabilities

12.9 m13.7 m14.9 m20.6 m

Total Liabilities

22.1 m

Additional Paid-in Capital

136 m135.6 m135.4 m137 m

Retained Earnings

(81.8 m)(82.8 m)(95.2 m)(100 m)

Total Equity

57.5 m56 m43.5 m40.2 m

Financial Leverage

1.2 x1.3 x1.4 x1.5 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

21.5 m22.4 m21.1 m18.9 m19.1 m18.4 m15.1 m15.7 m17.9 m

Inventories

1.9 m2.3 m2.8 m3 m3.2 m3 m2.6 m2.8 m2.8 m

Current Assets

43.6 m44.3 m43 m42.3 m43.5 m39.2 m38.8 m40 m41.1 m

PP&E

1.5 m1.6 m2 m2.2 m2.1 m2.1 m2.2 m2.2 m2.1 m

Goodwill

17.3 m17.3 m17.3 m17.3 m17.3 m17.3 m17.3 m17.3 m17.3 m

Total Assets

70.2 m70.9 m70.3 m68.6 m69.7 m59.5 m59.8 m60.8 m61.8 m

Accounts Payable

4.8 m5.5 m5.4 m4.9 m6.4 m5.2 m6.5 m6.7 m6.8 m

Current Liabilities

12 m12.9 m12.3 m12.5 m14.1 m13.2 m14.6 m15.2 m17.3 m

Additional Paid-in Capital

135.8 m135.6 m135.7 m135 m134.8 m135.2 m135.7 m136.1 m136.3 m

Retained Earnings

(81.8 m)(82 m)(82.1 m)(83 m)(83.4 m)(93.9 m)(95.2 m)(95.2 m)(96.6 m)

Total Equity

57.2 m56.9 m56.9 m55.1 m54.6 m44.5 m43.7 m44 m42.9 m

Financial Leverage

1.2 x1.2 x1.2 x1.2 x1.3 x1.3 x1.4 x1.4 x1.4 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.4 m(1.1 m)(12.3 m)(4.8 m)

Depreciation and Amortization

627 k431 k360 k281 k

Accounts Receivable

(1.4 m)1.1 m(2 m)(1.1 m)

Inventories

(81 k)(516 k)(91 k)903 k

Accounts Payable

688 k1.7 m446 k3.6 m

Cash From Operating Activities

3.3 m3.6 m(4.1 m)2.9 m

Purchases of PP&E

(452 k)(986 k)(856 k)(668 k)

Cash From Investing Activities

(779 k)(844 k)(978 k)(1.3 m)

Long-term Borrowings

(634 k)

Cash From Financing Activities

(759 k)(1.2 m)(844 k)612 k

Interest Paid

33 k30 k18 k14 k

Income Taxes Paid

128 k141 k177 k166 k
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(19 k)(206 k)(304 k)(192 k)(587 k)(11 m)(38 k)(79 k)(1.5 m)

Depreciation and Amortization

127 k252 k380 k151 k316 k482 k176 k361 k544 k

Accounts Receivable

(89 k)469 k1.3 m(447 k)(1.7 m)(645 k)(18 k)782 k798 k

Inventories

601 k279 k(227 k)36 k(96 k)18 k513 k379 k400 k

Accounts Payable

(70 k)393 k(20 k)(1.2 m)94 k(1.4 m)(33 k)(24 k)1.5 m

Cash From Operating Activities

1.5 m2.8 m2.4 m(2 m)(1.5 m)(2.3 m)(468 k)279 k2.4 m

Purchases of PP&E

(115 k)(343 k)(858 k)(323 k)(485 k)(673 k)(292 k)(401 k)(497 k)

Cash From Investing Activities

(17 k)(245 k)(759 k)(323 k)(391 k)(389 k)(489 k)(774 k)(705 k)

Cash From Financing Activities

(350 k)(581 k)(929 k)(735 k)(963 k)(859 k)14 k179 k183 k

Interest Paid

5 k9 k14 k

Income Taxes Paid

177 k47 k47 k52 k
USDY, 2017

Revenue/Employee

230.7 k

Financial Leverage

1.5 x

Iteris Operating Metrics

Iteris's Customers was reported to be 15 k in Jun, 2017. Iteris's Backlog was reported to be $64.5 m in FY, 2017, which is a 2% increase from the previous period. Iteris's Patent Applications was reported to be 2 in FY, 2016, which is a 92% decrease from the previous period
FY, 2015Q1, 2015Q2, 2015Q3, 2015FY, 2016Q1, 2016Q2, 2016Q3, 2016FY, 2017Jun, 2017

Backlog

$39.2 m$63.3 m$64.5 m

Backlog (Transportation Systems)

$29.6 m$35.9 m$35.8 m$53.8 m$53.3 m$53.7 m$52.1 m$54.1 m$54.4 m

Patents (US)

93131

Patent Applications

252

Patents Pending (foreign)

9

Patents Pending (US)

23

Customers

15 k

    Iteris Market Value History

    Iteris Revenue Breakdown

    Iteris Median Salaries

    Source: 16 public H-1B filings from Iteris

    Traffic Overview of Iteris

    Iteris Online and Social Media Presence

    Iteris Company Life and Culture

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