Ituran Location and Control Ltd
ituran.co.ilWhat Do They Do?
Provides stolen-vehicle recovery, fleet-management and connected-car services, plus vehicle-tracking products, to vehicle owners, fleet operators and automotive and insurance companies.
20-F for FY2025, filed Apr 23, 2026We believe we are a leading provider of telematics services, consisting predominantly of stolen vehicle recovery, fleet management services…View ↗
Our stolen vehicle recovery and tracking services, which we refer to as SVR services, enable us to locate, track and recover stolen…View ↗
Our fleet management services enable corporate and individual customers to track and manage their vehicles in real time. Our services…View ↗
"Connected Car"- The service platform includes a back-office application, a telematics device installed in the vehicle, mobile apps for…View ↗
In 2025, 26% of our revenues were attributable to the sale of our telematics products. Our telematics products employ short - and…View ↗
How Do They Make Money?
Telematics services bring in subscription fees over the subscription period; tracking products are sold, usually on delivery. Average customer credit terms are between thirty and ninety days.
20-F for FY2025, filed Apr 23, 2026We generate our revenues from subscription fees paid for our telematics services and from the sale and lease of our telematics products.View ↗
Revenues from SVR services subscription fees and from installation services (related to AVL products that remain as the company's…View ↗
Revenues from sales of Automatic Vehicle Location ("AVL") products are recognized when the control of the product is passed to the customer…View ↗
The Company does not adjust the amount of consideration for the effects of a significant financing component since the Company expects, at…View ↗
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20-F for FY2025, filed Apr 23, 2026
FY2025 revenue by reportable segment ↗
$359M
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20-F for FY2025, filed Apr 23, 2026
$359M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Telematics Services
Recurring
20-F for FY2025, filed Apr 23, 2026 |
74%
FY2022: 72%
|
Telematics Services, FY2025
$264.6M Sources
|
Recurring |
|
Wireless Communications Products Member
Sold outright
20-F for FY2025, filed Apr 23, 2026 |
26%
FY2022: 29%
|
Wireless Communications Products Member, FY2025
$94.5M Sources
|
Sold outright |
Who Are Their Customers?
Vehicle owners and commercial fleets subscribe directly; carmakers and insurers arrange or buy recovery services, while fleet services also reach end users through corporate customers and distributors.
20-F for FY2025, filed Apr 23, 2026We have direct agreements with six major car manufacturers, and our products are embedded in their vehicles or otherwise approved by the…View ↗
Our stolen vehicle recovery and tracking services, which we refer to as SVR services, enable us to locate, track and recover stolen…View ↗
Our fleet management services enable corporate and individual customers to track and manage their vehicles in real time. Our services…View ↗
The Company and its subsidiaries generate revenue from subscriber fees for the provision of services and sales of systems and products…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 16 cents of every revenue dollar as net income in FY2025 and turned 19 cents into free cash flow.
20-F for FY2025, filed Apr 23, 2026
$77MView ↗
20-F for FY2025, filed Apr 23, 2026
$58MView ↗
20-F for FY2025, filed Apr 23, 2026
$66.8MView ↗
How Are They Changing?
Growing. Revenue grew 33% in 4 years, from $270.9M in FY2021 to $359M in FY2025, about 7% a year.
GPS/GPRS transition
The older report describes vehicle recovery using terrestrial triangulation or GPRS; the latest report says the product system is moving to GPS/GPRS alone.
20-F for FY2022, filed Apr 19, 2023 20-F for FY2025, filed Apr 23, 2026Our stolen vehicle recovery system is based on three main components: a telematics end-unit that is installed in the vehicle, a network of…View ↗
Our telematics system for automatic vehicle location was based on terrestrial network triangulation technology and GPS/GPRS and commencing…View ↗
Chile operations
The older report described services in markets including Argentina and Canada; the latest report says the company began operating in Chile after the older report.
20-F for FY2022, filed Apr 19, 2023 20-F for FY2025, filed Apr 23, 2026We are mainly engaged in the area of Telematics services, consisting of stolen vehicle recovery, fleet management services, connected cars…View ↗
Chile: We commenced operation in Chile in 2024. We currently provide GPS/GPRS based products and services.View ↗
Who Do They Compete With?
Competes with Pointer, Skylock, Sascar, Zatix, CEABS, Car Systems, Sat-Company, 3S, LoJack, Prosegur, Megatrans, OnStar, Calamp, Spireon, PassTime, Guide Point, Icon, Hunter, SATRACK, and Tracklink
20-F for FY2025, filed Apr 23, 2026Israel. Our primary competitors in Israel are Pointer and Skylock Ltd.View ↗
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