OverviewSuggest Edit

On Track Innovations (OTI) is the designer, manufacturer, and seller of secure cashless payment solutions using contactless NFC technology with an extensive patent and IP portfolio. The Company's innovations have been deployed around the world to address cashless payment and management requirements for the Internet of Payment Things, wearables, automated retail and petroleum markets.

TypePublic
Founded1990
HQRosh Pinna, IL
Websiteotiglobal.com

Latest Updates

Employees (est.) (Dec 2018)126(+5%)
Revenue (FY, 2020)$12.7 M(-13%)
Share Price (Oct 2019)$0.2(-5%)
Cybersecurity ratingBMore
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Key People/Management at On Track Innovations Ltd

Yehuda Holtzman

Yehuda Holtzman

Chief Executive Officer
Sandra B. Hardardottir

Sandra B. Hardardottir

Chairman of the Board
Sandra B Hardardottir

Sandra B Hardardottir

Chairman of the Board of Directors
Assaf Cohen

Assaf Cohen

Chief Financial Officer
Donna Marks

Donna Marks

Director
Amir Eilam

Amir Eilam

VP of Research & Development
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On Track Innovations Ltd Office Locations

On Track Innovations Ltd has an office in Rosh Pinna
Rosh Pinna, IL (HQ)
ZHR Industrial Zone
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On Track Innovations Ltd Financials and Metrics

On Track Innovations Ltd Revenue

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On Track Innovations Ltd's revenue was reported to be $12.74 m in FY, 2020
USD

Revenue (Q1, 2021)

2.8m

Gross profit (Q1, 2021)

1.4m

Gross profit margin (Q1, 2021), %

50.7%

Net income (Q1, 2021)

(3.2m)

EBIT (Q1, 2021)

(786.0k)

Market capitalization (30-Oct-2019)

7.0m

Closing stock price (30-Oct-2019)

0.2

Cash (31-Mar-2021)

979.0k

EV

7.2m
On Track Innovations Ltd's current market capitalization is $7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

39.2m34.9m15.1m17.3m13.1m14.7m17.3m21.9m14.8m12.7m

Cost of goods sold

24.9m20.0m9.1m12.0m9.7m10.4m11.0m10.7m7.5m7.6m

Gross profit

14.3m14.9m5.9m5.3m3.4m4.4m6.3m11.2m7.3m5.1m

Gross profit Margin, %

36%43%39%31%26%30%36%51%49%40%
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

3.8m5.9m5.3m3.6m4.1m2.4m3.5m3.7m3.5m2.8m5.6m3.4m4.5m6.2m6.5m3.0m4.1m3.9m4.5m4.9m2.8m

Cost of goods sold

2.6m3.8m2.6m2.5m2.7m1.7m2.3m2.4m2.6m1.8m3.5m2.2m2.8m3.0m3.1m1.4m1.7m2.2m2.3m3.0m1.4m

Gross profit

1.2m2.0m2.6m1.1m1.3m688.0k1.2m1.3m906.0k980.0k2.2m1.3m1.7m3.2m3.4m1.6m2.4m1.7m2.2m1.9m1.4m

Gross profit Margin, %

32%34%50%30%33%29%33%34%26%35%38%36%39%52%53%55%58%44%49%39%51%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Cash

12.5m9.3m15.0m5.4m5.5m6.0m6.7m4.8m1.4m

Accounts Receivable

11.3m7.5m5.1m4.3m2.4m5.6m5.8m4.5m1.1m

Prepaid Expenses

1.9m5.3m4.6m2.5m2.2m1.6m1.6m2.1m695.0k

Inventories

8.2m7.0m3.5m3.7m3.3m3.1m3.0m3.5m2.5m
Quarterly
USDFY, 2011

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
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On Track Innovations Ltd Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

On Track Innovations Ltd Online and Social Media Presence

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On Track Innovations Ltd News and Updates

On Track Innovations Ltd. Reports Second Quarter 2021 Financial Results

YOKNEAM, Israel, Aug. 12, 2021 /PRNewswire/ -- On Track Innovations Ltd. ("OTI") (OTCQX: OTIVF) (the "Company" or "OTI"), a global provider of near field communication (NFC) and cashless payment solutions, today provided a business update and announced financial results for the second...

On Track Innovations Ltd. to Release Second Quarter 2021 Financial Results and host a Conference Call on Thursday, August 12th at 9am ET

YOKNEAM, Israel, July 27, 2021 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTCQX: OTIVF), a global provider of near field communication (NFC) and cashless payment solutions, will release its financial results for the second quarter ended June 30, 2021 before market opens on Thursday,...

On Track Innovations Ltd. Reschedules Fourth Quarter and Full Year 2020 Financial Results to Wednesday, March 31st

Investors conference call will be held on Thursday, April 1 at 9am ET YOKNEAM, Israel, March 23, 2021 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTCQX: OTIVF), a global provider of near field communication (NFC) and cashless payment solutions, announced today that due to some...

On Track Innovations Ltd. Reports Third Quarter 2020 Financial Results

YOKNEAM, Israel, Nov. 23, 2020 /PRNewswire/ -- On Track Innovations Ltd. ("OTI") (OTCQX: OTIVF) (the "Company" or "OTI"), a global provider of near field communication (NFC) and cashless payment solutions, today provided a business update and announced financial results for the third...

On Track Innovations Ltd. to Release Second Quarter 2019 Financial Results on Wednesday, August 7th, 2019

ROSH PINNA, Israel, July 31, 2019 /PRNewswire/ -- On Track Innovations Ltd. ("OTI") (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, will broadcast a conference call on Monday, August 12th, 2019 at 9 a.m. Eastern Time to discuss the...

On Track Innovations Ltd. Reports First Quarter 2019 Financial Results

ROSH PINA, Israel, May 7, 2019 /PRNewswire/ -- On Track Innovations Ltd. ("OTI") (NASDAQ: OTIV) (the "Company" or "OTI"), a global provider of near field communication (NFC) and cashless payment solutions, today provided a business update and announced financial results for the first...
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On Track Innovations Ltd Blogs

On Track Innovations Ltd. Reports Fourth Quarter & Full Year 2019 Financial Results

The post On Track Innovations Ltd. Reports Fourth Quarter & Full Year 2019 Financial Results appeared first on OTI - On Track Innovations.

How OTI Europa grows their business in Russia with payment solutions in public transport

The post How OTI Europa grows their business in Russia with payment solutions in public transport appeared first on OTI - On Track Innovations.

OTI – Global is seeking SaaS team – Team leader

The post OTI – Global is seeking SaaS team – Team leader appeared first on OTI - On Track Innovations.

OTI – Global is seeking SaaS team – Senior Full Stack Developer

The post OTI – Global is seeking SaaS team – Senior Full Stack Developer appeared first on OTI - On Track Innovations.

OTI – Global is seeking Device team – Software developer

The post OTI – Global is seeking Device team – Software developer appeared first on OTI - On Track Innovations.

On Track Innovations Ltd. Reports Third Quarter 2019 Financial Results

The post On Track Innovations Ltd. Reports Third Quarter 2019 Financial Results appeared first on OTI - On Track Innovations.
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On Track Innovations Ltd Frequently Asked Questions

  • When was On Track Innovations Ltd founded?

    On Track Innovations Ltd was founded in 1990.

  • Who are On Track Innovations Ltd key executives?

    On Track Innovations Ltd's key executives are Yehuda Holtzman, Sandra B. Hardardottir and Sandra B Hardardottir.

  • How many employees does On Track Innovations Ltd have?

    On Track Innovations Ltd has 126 employees.

  • What is On Track Innovations Ltd revenue?

    Latest On Track Innovations Ltd annual revenue is $12.7 m.

  • What is On Track Innovations Ltd revenue per employee?

    Latest On Track Innovations Ltd revenue per employee is $101.1 k.

  • Who are On Track Innovations Ltd competitors?

    Competitors of On Track Innovations Ltd include Tipalti, dLocal and Intellitix.

  • Where is On Track Innovations Ltd headquarters?

    On Track Innovations Ltd headquarters is located at ZHR Industrial Zone, Rosh Pinna.

  • Where are On Track Innovations Ltd offices?

    On Track Innovations Ltd has an office in Rosh Pinna.

  • How many offices does On Track Innovations Ltd have?

    On Track Innovations Ltd has 1 office.