Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
IVU Traffic Technologies AG is a leading provider of integrated IT solutions for public transport, specializing in software and hardware systems for buses and trains. Founded in 1976 as a spin-off from TU Berlin and headquartered in Berlin, Germany, the company develops, installs, maintains, and operates its flagship IVU.suite and IVU.rail platforms. These modular systems support comprehensive processes including timetable creation, resource planning for vehicles and personnel, real-time fleet dispatch and monitoring, ticketing, passenger information, incident management, and contract settlement. With over 1,000 employees across more than 18 global locations, primarily in Europe but expanding internationally to markets like the USA, Canada, India, and Chile, IVU serves more than 500 public transport operators. Its business model encompasses software licenses, hardware, implementation services, consulting, training, hosting, and maintenance, with a strong emphasis on efficiency, optimization, and sustainability in urban mobility. Key historical milestones include its 2000 IPO, the 2019 focus on transport after divesting logistics, and the 2022 acquisition of LBW Optimization GmbH to enhance algorithms.
12.53% operating margin is respectable but not wide. ROIC at 12.33%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 12.0%, still solid.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (FY)
€151M
▲ +12.0% YoY
Net Income (FY)
€13M
▲ +10.6% YoY
Op. Margin
12.53%
ROIC
12.33%
▲ +0.7pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€30M
▲ +479.2% YoY
Op. Cash Flow (FY)
€35M
▲ +155.5% YoY
Net Debt
-€50M
Net Cash Position
Cash & Equiv.
€70M
3Y CAGR: +10.0%
3Y CAGR: +126.8%
Continue Research