On Track Innovations Ltd (OTIVF) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 25, 2020
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On Track Innovations Ltd (OTIVF, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. On Track Innovations Ltd is engaged in the design and development of secure cashless payment solutions. Its products include UNO, TRIO Reader, Saturn 6500 TRIO & Saturn 600 DUO, SCI 6100, Wave and NFC insert. On Track Innovations Ltd has a market cap of $9.570 million; its shares were traded at around $0.20 with and P/S ratio of 0.56. On Track Innovations Ltd had annual average EBITDA growth of 24.70% over the past five years. GuruFocus has detected 3 severe warning signs with On Track Innovations Ltd. .

For the last quarter On Track Innovations Ltd reported a revenue of $3.76 million, compared with the revenue of $4.53 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $14.8 million, a decrease of 32.6% from the previous year. For the complete 30-year financial data, please go here.. For the last five years On Track Innovations Ltd had an average revenue decline of 3% a year.

The reported loss per diluted share was 14 cents for the year, compared with the loss per share of $0.02 in the previous year. The On Track Innovations Ltd had an operating margin of -32.78%, compared with the operating margin of -9.09% a year before. The 10-year historical median operating margin of On Track Innovations Ltd is -30.96%. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, On Track Innovations Ltd has the cash and cash equivalents of $2.54 million, compared with $4.83 million in the previous year. The long term debt was $1.51 million, compared with $0.04 million in the previous year. On Track Innovations Ltd has a financial strength rank of 3 (out of 10).

At the current stock price of $0.20, On Track Innovations Ltd is traded at 72.6% discount to its historical median P/S valuation band of $0.73. The P/S ratio of the stock is 0.56, while the historical median P/S ratio is 1.95. The stock lost 68.25% during the past 12 months.

For the complete 20-year historical financial data of OTIVF, click here.