1.60p
0.00%
Close of 9 Nov 2026, in pence
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About t42 IoT Tracking Solutions
Its shares trade on LSE under the ticker TRAC.L. It has been listed since 27 February 2013. In the fiscal year to 31 December 2025, it reported revenue of $6.2m and a net loss of $588,084. At that date it held total assets of $3.8m and shareholders' equity of −$2.9m.
t42 IoT Tracking Solutions Plc engages in the development of wireless solutions for remote tracking, monitoring, and protection of assets and people. The company provides hardware and software solutions, shipping container tracking, transportation fleet management, smart padlock security, and central command systems. Its products include Tetis, Tetis R, Tetis R Hybrid, Lokies, WatchLock Cube, Kylos, Kylos Forever, Kylos Air, Control Center and more. Its tamper-proof, ragged, multi-sensor container lock and encrypted global data transmitter, which provides intelligent detection of course deviation, temperature deviation, humidity deviation, tampering attempts, vessel, accident, container damage and actual breach. Its devices are used by ports, cargo owners, shipping companies, freight forwarders, insurance companies, customs authorities, homeland security, and police for end-to-end global container tracking and digital transformation of shipments.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 27 Feb 2013
- Website
- t42.co.uk ↗
Leadership
Pay as last reported
- Avi HartmannChief Executive Officer & Director, since 2004
- Vadim LeitmanChief Operating Officer, since 2016
- Igor Vatenmacher, CPAChief Financial Officer & Director, since 2017
- Uri HartmannChief Technical Officer, since 2004
- Jonathan Sabban, MBAVice President-Strategic Alliances, since 2018
- Josef SchwarztuchVice President Business Development
- Michal NissensonManager-International Marketing
- Maxim PerryVice President-Products & Sales
- Michael Samuel RosenbergNon-Executive Chairman
- Avi HartmannChief Executive Officer & Director, since 2005
- Igor Vatenmacher, CPAChief Financial Officer & Director, since 2019
- Martin Incledon BlairIndependent Non-Executive Director, since 2019
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- t42 IoT Tracking Solutions PLC provides hardware and software solutions for remote tracking and monitoring of assets.
- The company offers specific products such as Tetis, Lokies, and Kylos for container security and fleet management.
- Its central command systems enable end-to-end global container tracking for ports and shipping companies.
Weaknesses
- The company is listed on the London Stock Exchange under the ticker TRAC.L.
- t42 IoT Tracking Solutions PLC is incorporated in Jersey, which limits its domestic operational base.
- The firm conducts business primarily through its website at https://www.t42.co.uk/.
Opportunities
- The company can expand its smart padlock security solutions to include more insurance companies.
- t42 IoT Tracking Solutions PLC can grow its market by providing tamper-proof locks to customs authorities.
- Its encrypted global data transmitters offer potential for deeper integration with homeland security agencies.
Threats
- Competitors may challenge t42 IoT Tracking Solutions PLC in the information technology sector.
- Shipping container tracking faces risks from vessel accidents and container damage incidents.
- Regulatory changes in Jersey could impact the operations of the Saint Helier-based company.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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