Today, the CEO of On Track Innovations (OTIV), Cohen Shlomi, sold shares of OTIV for $39.9K.
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Based on On Track Innovations’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $6.47 million and GAAP net loss of $184K. In comparison, last year the company earned revenue of $4.67 million and had a net profit of $868K. Currently, On Track Innovations has an average volume of 3,364.
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On Track Innovations Ltd. operates as a developer of cashless payment solutions including near field communication products and solutions. It operates through the following two segments: Retail and Mass Transit Ticketing; and Petroleum. The Retail and Mass Transit Ticketing segment sells and markets variety of products for cashless payment solutions.
