Ituran Location & Control (ITRN) Company Report

Ituran Location and Control Ltd. has signed an initial three-year service agreement with Renault.
The contract covers multiple countries in the Latin American region, with potential for expansion to additional global markets and extended service periods.
Ituran expects this agreement to strengthen its presence in Latin America and potentially accelerate long-term net subscriber growth.
Renault's Purchasing Director, Andr\u00e9 M\u00f3i, noted that the agreement aligns with Renault's strategy of working with leading suppliers to ensure the best solutions for its customers.

Nov 24, 2025, 12:00 PM

Press Release

Ituran Reports Strong Q3 2025 Results with Revenue and Subscriber Growth

ITRN

Earnings

Guidance Update

New Projects/Investments

Ituran reported strong Q3 2025 financial results, with revenues increasing 11% year-over-year to $92.3 million and net income growing 7% to $14.6 million, leading to diluted EPS of $0.74.
The company's subscriber base grew by 40,000 net subscribers in Q3 2025, reaching 2,588,000, and Ituran is on track to add between 220,000 and 240,000 net new subscribers for the full year 2025.
Strategic expansions include the launch of the Ituran Mob smart mobility platform in the United States and gaining traction in the Latin American motorcycle market, notably through a partnership with BMW Motorrad in Brazil.
Ituran declared a quarterly dividend of $10 million ($0.50 per share), reflecting a 25% increase in its dividend policy, and repurchased $1.5 million in shares during the quarter.

Nov 18, 2025, 2:00 PM

Transcript

Ituran Reports Strong Q3 2025 Results with Double-Digit Revenue Growth and Subscriber Expansion

ITRN

Earnings

Guidance Update

Product Launch

Ituran reported strong Q3 2025 financial results, with revenues increasing 11% year-over-year to $92.3 million and net income growing 7% to $14.6 million, resulting in diluted EPS of $0.74.
The company added 40,000 net subscribers in Q3 2025, bringing the total subscriber base to 2,588,000, and is on track to add between 220,000 and 240,000 net new subscribers for the full year 2025.
Ituran generated $21.3 million in operating cash flow and ended the quarter with $93.1 million in net cash as of September 30, 2025. The Board declared a $10 million dividend for the quarter, and the company purchased $1.5 million in shares under its buyback program.
Strategic initiatives include the launch of the IturanMob smart mobility platform in the United States and expansion into the motorcycle market in South America, including a partnership with BMW Motorrad in Brazil.

Nov 18, 2025, 2:00 PM

Transcript

Ituran Reports Strong Q3 2025 Results with Revenue and EPS Growth

ITRN

Earnings

Guidance Update

New Projects/Investments

Ituran reported strong Q3 2025 financial results, with revenues of $92.3 million, an 11% increase year-over-year, and diluted earnings per share of $0.74, a 7% increase year-over-year.
The subscriber base grew by 40,000 net subscribers in Q3 2025, reaching 2,588,000 at quarter end, and the company is on track to add between 220,000 and 240,000 net new subscribers in 2025.
The company declared a quarterly dividend of $10 million ($0.50 per share) and repurchased $1.5 million in shares during the quarter, with $5.2 million remaining under the buyback program.
Strategic initiatives include the launch of its Ituran Mob smart mobility platform in the United States and expansion in the Latin American motorcycle market, notably through a partnership with BMW Motorrad in Brazil.

Nov 18, 2025, 2:00 PM

Transcript

Ituran Announces Q3 2025 Dividend Distribution

ITRN

Dividends

Ituran Location and Control Ltd. announced a cash dividend of $0.50 per share, totaling approximately US$10 million, for the third quarter of 2025.
The dividend will be paid on January 15, 2026, to shareholders of record as of December 29, 2025.
As of September 30, 2025, prior to the distribution, the company reported retained earnings of US$239.0 million and a cash balance of US$93.1 million.
The Board of Directors concluded that this distribution will not undermine the company's ability to perform its current course of business or future plans.

Nov 18, 2025, 12:30 PM

6-K

Ituran Location & Control Announces Dividend Distribution

ITRN

Dividends

Ituran Location and Control Ltd. (NASDAQ: ITRN) announced a cash dividend of $0.50 per share, totaling approximately US$ 10 million, for the third quarter of 2025.
The dividend is payable on January 15, 2026, to shareholders of record as of December 29, 2025, and will be net of 25% taxes.
As of September 30, 2025, prior to this distribution, the company reported US$ 239.0 million in retained earnings and a cash balance of US$ 93.1 million.
The Board of Directors concluded that this distribution will not undermine the company's ability to perform its current course of business or future plans.

Nov 18, 2025, 12:30 PM

Press Release

Ituran Location & Control Ltd. Reports Q3 2025 Results

ITRN

Earnings

Dividends

Share Buyback

Ituran Location & Control Ltd. reported Q3 2025 revenues of $92.3 million and net income of $14.6 million, resulting in $0.74 per diluted share.
The company added 40,000 net new subscribers during the quarter, growing its subscriber base to 2,588,000 by the end of September 2025.
Revenues for Q3 2025 increased 11% year-over-year, and net income increased 7% year-over-year compared to Q3 2024.
The Board declared a quarterly dividend of $10.0 million, or $0.50 per share, and the company purchased $1.5 million in shares under its Buy Back program during the quarter.
As of September 30, 2025, the company held net cash, including marketable securities, of $93.1 million.

Nov 18, 2025, 11:30 AM

6-K

Ituran Location and Control Ltd. Announces Third Quarter 2025 Results

ITRN

Earnings

Dividends

Share Buyback

Ituran Location and Control Ltd. reported record revenue of $92.3 million for the third quarter ended September 30, 2025, an 11% increase year-over-year.
The company added 40,000 net new subscribers in the quarter, bringing the total subscriber base to 2,588,000 by the end of September 2025.
Net income increased by 7% year-over-year to $14.6 million, and EBITDA grew by 6% to $24.6 million for the quarter.
The Board declared a quarterly dividend of $10.0 million, or $0.50 per share, and the company purchased $1.5 million in shares under its buy-back program during the quarter.
Ituran launched operations for IturanMOB in the United States, a smart-mobility solution enabling remote vehicle access, real-time telematics, and efficient fleet management.

Nov 18, 2025, 11:30 AM

Press Release

Ituran Location and Control Ltd. Provides Business Update and Growth Outlook

ITRN

Guidance Update

Dividends

New Projects/Investments

Ituran Location and Control Ltd. (ITRN) has a market capitalization of $750 million as of today and provides telematics services to over 2.5 million subscribers.
The company operates on a recurring revenue model, with 70% of revenues from monthly fees generating a 65% gross margin. It expects to achieve its highest-ever net subscriber growth in 2025, with guidance between 220,000 to 240,000 net subscribers.
ITRN maintains a strong financial position with approximately $90 million available for M&A, dividends, or share buybacks, and a quarterly dividend policy of a minimum of $10 million, representing a 5% to 6% dividend yield.
Strategic growth drivers include new OEM agreements (e.g., Stellantis), an increased focus on the motorcycle market, expanding finance and leasing partnerships, and entering the U.S. market with its Ituran Mob car-sharing technology.
The company holds a 16% stake in Bring, a company that was valued at $1 billion a couple of years ago.

Oct 20, 2025, 4:30 PM

Transcript

Ituran Highlights Strong Recurring Revenue Model and Growth Initiatives

ITRN

Guidance Update

Dividends

New Projects/Investments

Ituran, a telematics provider with 2.5 million subscribers, reported a market capitalization of $750,000,000. Its business model is driven by 70% recurring revenues from monthly fees, which carry a gross margin of over 65%, contributing to high visibility and strong cash flow.
The company anticipates 220,000 to 240,000 net subscriber growth for 2025, building on a history of consistent subscriber base expansion even during economic downturns.
Strategic growth initiatives include new OEM agreements, such as with Stellantis, and a focus on expanding into the motorcycle and finance/leasing sectors, leveraging its cost-effective solutions and operational expertise.
Ituran maintains a robust financial position with approximately $90,000,000 in cash and a dividend policy of a minimum of $10,000,000 per quarter, having returned over $400,000,000 to shareholders historically.