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Telit Communications Fundamentals

Company Name Telit Communications Last Updated 08 Jul 2020
Industry Technology Sector Telecommunications Equipment
Shares in Issue (m) 132.69 Market Cap (£m) 160.56
PE Ratio 3.36 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS 36.00 EPS Growth (%) 229.03
PEG 0.01 DPS Growth (%) n/a
Debt Ratio 20.73 Debt Equity Ratio 0.19
Net Gearing 31.60 Gross Gearing 57.39
Asset Equity Ratio 2.35 Cash Equity Ratio 60.52
Quick Ratio 1.41 Current Ratio 1.51
Price To Book Value 1.20 ROCE 35.33

Telit Communications Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H2 Dividend 06 Apr 2017 05 May 2017 USX 4.90 7.40
H1 Dividend 18 Aug 2016 23 Sep 2016 USX 2.50
H2 Dividend 14 Apr 2016 27 May 2016 USX 6.00 6.00

Telit Communications Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 27 23 27
Intangible Assets 64 97 110
Investments 4 21 17
Total Fixed Assets 95 141 154
Stocks 15 27 29
Debtors 107 100 100
Cash & Equivalents 81 35 42
Other Assets 17 17 12
Total Assets 315 319 337
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 146 203 165
Creditors after 1 year 35 30 48
Other Liabilities 0 0 0
Total Liabilities 181 233 213
Net assets 134 86 125
Equity (£m) 2019 2018 2017
Called up share capital 2 2 2
Share Premium 50 50 50
Profit / Loss 60 -40 -57
Other Equity -22 -21 -15
Preference & Minorities 0 0 0
Total Capital Employed 134 86 125
Ratios 2019 2018 2017
Debt Ratio 20.73 25.55 27.61
Debt-to-Equity 0.19 0.13 0.22
Net Gearing 31.60 61.91 50.67
Gross Gearing 57.39 72.89 63.09
Assets / Equity 2.35 3.69 2.71
Cash / Equity 60.52 40.48 33.65
EPS 36.00 -27.90 -41.90
Cash Flow (£m) 2019 2018 2017
Cash from operating activities 14 26 -5
Cashflow before financing 87 -8 -57
Increase in Cash 48 -6 15
Income (£m) 2019 2018 2017
Turnover 393 427 375
Cost of sales 263 288 243
Gross Profit 129 139 132
Operating Profit 64 -33 -50
Pre-Tax profit 60 -40 -57
Profit / Loss for the year 2 2 2

Telit Communications Company Background

Sector Telecommunications Equipment
Activities Telit Communications plc is a global leader in Internet of Things (IoT) enablement. The company offers the industry's broadest portfolio of integrated products and services for end-to-end IoT deployments - including cellular communication modules in all technologies, GNSS, Wi-Fi, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.
Latest Interim Date 09 Sep 2019
Latest Fiscal Year End Date 17 Mar 2020

Telit Communications Directors

Appointed Director Position
2018-09-01 Paolo Carlo Renato Dal Pino Chief Executive Officer
2017-11-23 Yariv Dafna Finance Director
2017-11-23 Simon Patrick Duffy Non-Executive Chairman
2019-10-23 Anthony John Dixon Non-Executive Director
2019-08-28 Marco Emilio Angelo Patuano Non-Executive Director
2018-10-12 Gil Sharon Non-Executive Director
2018-10-12 Harald Rosch Non-Executive Director

Telit Communications Contact Details

Company Name Telit Communications
Company Address 7th Floor, 90 High Holborn, London WC1V 6XX.
Company Telephone +972 3791 4012
Company Website http://www.telit.com/

Telit Communications Advisors

Auditor Name Ernst & Young LLP
Auditor Address 1 More London Place, London SE1 2AF.
Auditor Website http://www.ey.com/
Auditor Telephone +44 (0)20 7951 2000
Registrar Name Link Asset Services
Registrar Address The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.
Registrar Website http://www.linkassetservices.com/
Registrar Telephone 0870 162 3100
Broker Name Canaccord Genuity Limited
Broker Address 88 Wood Street, London EC2V 7QR.
Broker Website http://www.canaccordgenuity.com/
Broker Telephone +44 (0)20 7523 8000
Adviser Name Canaccord Genuity Limited
Adviser Address 88 Wood Street, London EC2V 7QR.
Adviser Website http://www.canaccordgenuity.com/
Adviser Telephone +44 (0)20 7523 8000
Solicitor Name Olswang
Solicitor Address 90 High Holborn, London WC1V 6XX.
Solicitor Website http://www.olswang.com/
Solicitor Telephone +44 (0) 20 7067 3000
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a