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Telit Communications

OverviewSuggest Edit

Telit Communications is a global provider of wireless machine to machine technology and value-added services including connectivity cloud and PaaS application enablement services. The Company offers a broad range of integrated products, platforms and services to support and enable IoT deployments from things to apps. Its portfolio of modules addresses all cellular communication technologies, GNSS and short-to-long range wireless applications. Telit Communications' IoT connectivity plans and IoT platform services help reduce the risks, time to market, complexity and costs associated with deploying and providing IoT services across industries and vertical markets worldwide. 

TypePublic
Founded1986
HQLondon, GBMap
Websitetelit.com
Employee Ratings3.7More
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Latest Updates

Employees (est.) (Jul 2021)820(-3%)
Revenue (FY, 2018)£337.7 M(+15%)
Share Price (Aug 2021)£2.3
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Telit Communications

Enrico Testa

Enrico Testa

Director's Dealing

Telit Communications Office Locations

Telit Communications has offices in London and Boca Raton
London, GB (HQ)
78 Cannon St
Boca Raton, FL, US
5300 Broken Sound Blvd NW #150
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Telit Communications Financials and Metrics

Telit Communications Revenue

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Telit Communications's revenue was reported to be £337.69 m in FY, 2018
GBP

Revenue (FY, 2018)

337.7m

Gross profit (FY, 2018)

109.9m

Gross profit margin (FY, 2018), %

32.6%

Net income (FY, 2018)

(28.7m)

EBIT (FY, 2018)

(26.4m)

Market capitalization (31-Aug-2021)

307.8m

Closing stock price (31-Aug-2021)

2.3

Cash (31-Dec-2018)

27.9m

EV

334.6m
Telit Communications's current market capitalization is £307.8 m.
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

217.4m267.0m370.3m295.9m337.7m

Cost of goods sold

131.4m160.5m220.9m191.9m227.8m

Gross profit

86.0m106.5m149.4m103.9m109.9m

Gross profit Margin, %

40%40%40%35%33%
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GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

19.4m24.0m26.6m33.4m27.9m

Accounts Receivable

47.3m57.8m105.2m79.3m78.6m

Inventories

15.9m16.1m28.3m18.8m21.5m

Current Assets

93.9m108.3m174.7m144.9m140.9m
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GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash From Operating Activities

34.2m33.0m46.8m(3.8m)20.4m

Cash From Investing Activities

(30.1m)(28.3m)(56.1m)(41.0m)(26.6m)

Cash From Financing Activities

1.3m2.6m8.2m57.0m1.7m

Net Change in Cash

5.3m7.3m(1.0m)12.2m(4.5m)
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GBPFY, 2014

Financial Leverage

2.3 x
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Telit Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Telit Communications Online and Social Media Presence

Telit Communications's Trends

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Telit Communications News and Updates

June 17, 2021

Form 8.5 (EPT/RI) - Telit Communications plc

FORM 8.5 (EPT/RI)
June 01, 2021

Form 8.5 (EPT/RI) - Telit Communications Plc

FORM 8.5 (EPT/RI)
December 04, 2020

Form 8.5 (EPT/RI) Telit Communications plc

     FORM 8.5 (EPT/RI)
February 11, 2019

Mobile M2M Module 2019 Global Market Key Players - Novatel Wireless, Huawei Technologies, Quectel Wireless Solutions, Telit Communications, ZTE, Option, Sierra Wireless......

Mobile M2M Module – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Telit Communications Blogs

October 15, 2021

Building the Smart Grid: IoT Energy Management Systems

The population of the earth will reach 9.9 billion people by 2050, according to a report by the Population Reference Bureau. As people move to more populated areas, cities face the challenges of providing enough power for everyone while using outdated power grids. Current electric grids — built main…
September 22, 2021

5G Carrier Aggregation: What You Need to Know

5G cellular technology promises to change the future of wireless mobile communications. As more OEMs develop devices for 5G, carrier aggregation (CA) becomes an important tool that can significantly impact mobile performance for the end user. Network capacity is vital to end-user experience. CA allo…
September 14, 2021

How to Win the IoT Cybersecurity War

Cybercrime has a significant impact on operations and your bottom line. According to Cybersecurity Ventures, cybercrime costs are expected to reach $6 trillion in 2021. These costs will rise to $10.5 trillion a year by 2025. What are the reasons for this rise, and how can organizations prepare for a…
September 13, 2021

The Benefits and Challenges of Real-Time Manufacturing Data Collection

The quality of your manufacturing data analytics is proportional to your data collection capacity. It’s not difficult to understand why. Data collection is the foundational element of the Internet of Things (IoT). Industrial IoT (IIoT) projects hinge on how well your organization can: Collect timely…
August 17, 2021

3 Emerging Use Cases of IoT in Consumer Goods for 2021

As 2022 approaches, the Internet of Things (IoT)continues connecting more consumer goods — even if most buyers don’t realize it. Regardless of the language to describe the phenomenon (e.g., “smart fridges” and “devices that talk to each other”), consumers expect connectivity in everyday home product…
August 13, 2021

5G and the Smart City

Smart cities involve many connected sensors and devices generating large data quantities. When managed well, this data flow can improve transparency and efficiency within the city’s infrastructure. In practice, the smart city utilizes many connected devices, including: Traffic cameras Parking garage…
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 Telit Communications Frequently Asked Questions

  • When was Telit Communications founded?

    Telit Communications was founded in 1986.

  • Who are Telit Communications key executives?

    Telit Communications's key executives are Enrico Testa.

  • How many employees does Telit Communications have?

    Telit Communications has 820 employees.

  • What is Telit Communications revenue?

    Latest Telit Communications annual revenue is £337.7 m.

  • What is Telit Communications revenue per employee?

    Latest Telit Communications revenue per employee is £411.8 k.

  • Who are Telit Communications competitors?

    Competitors of Telit Communications include Sierra Wireless, u-blox and Mezzanine.

  • Where is Telit Communications headquarters?

    Telit Communications headquarters is located at 78 Cannon St, London.

  • Where are Telit Communications offices?

    Telit Communications has offices in London and Boca Raton.

  • How many offices does Telit Communications have?

    Telit Communications has 2 offices.