On Track Innovations (OTI) is a global leader in the design, manufacture, and sale of secure cashless payment solutions using contactless NFC technology. OTI’s field-proven innovations have been deployed around the world to address cashless payment, automated retail and petroleum markets. OTI distributes and supports its solutions through a global network of regional offices and alliances. OTI is the proud recipient of the 2017 AI Award for Best Cashless Payment Solutions Provider – Israel. For more information, visit www.otiglobal.com.
Company profile
Ticker
OTIVF, OTIVF
Exchange
Website
CEO
Assaf Cohen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Easy Park Ltd. • PARX Ltd. • OTI America Inc. • OTI PetroSmart (Pty) Ltd. • Easy Park Israel Ltd. • OTI Europa Sp.z.o.o. – incorporated ...
OTIVF stock data
Investment data
Securities sold
Number of investors
Calendar
23 May 22
9 Aug 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.75M | 1.75M | 1.75M | 1.75M | 1.75M | 1.75M |
| Cash burn (monthly) | (no burn) | 87.83K | 320K | 692.17K | 928.33K | 754.25K |
| Cash used (since last report) | n/a | 378.2K | 1.38M | 2.98M | 4M | 3.25M |
| Cash remaining | n/a | 1.37M | 372.12K | -1.23M | -2.25M | -1.5M |
| Runway (months of cash) | n/a | 15.6 | 1.2 | -1.8 | -2.4 | -2.0 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Jun 22 | Amir Eilam | Ordinary Shares | Other | Dispose J | No | No | 0 | 510,000 | 0 | 0 |
| 9 Jun 22 | Assaf Cohen | Ordinary Shares | Other | Dispose J | No | No | 0 | 400,000 | 0 | 0 |
| 7 Mar 22 | Amir Eilam | Ordinary Shares | Grant | Acquire A | No | No | 0 | 255,000 | 0 | 510,000 |
| 2 Dec 21 | Assaf Cohen | Ordinary Shares | Grant | Acquire A | No | No | 0 | 400,000 | 0 | 400,000 |
| 2 Dec 21 | Assaf Cohen | Stock Option Ordinary Shares | Sale back to company | Dispose D | No | No | 0.22 | 50,000 | 11K | 0 |
| 2 Dec 21 | Assaf Cohen | Stock Option Ordinary Shares | Sale back to company | Dispose D | No | No | 0.38 | 100,000 | 38K | 0 |
| 2 Dec 21 | Assaf Cohen | Stock Option Ordinary Shares | Sale back to company | Dispose D | No | No | 0.84 | 20,000 | 16.8K | 0 |
| 2 Dec 21 | Assaf Cohen | Stock Option Ordinary Shares | Sale back to company | Dispose D | No | No | 1.21 | 15,000 | 18.15K | 0 |
Institutional ownership, Q4 2021
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Avg
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New words:
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Removed:
account, adjustment, agreed, alia, allegation, alleging, allocated, allocation, amend, annum, appeal, appealed, application, appointed, appointment, approach, arbitration, arbitrator, arising, assessment, assigned, assumed, authorized, automatically, awarding, basic, behalf, Benchmark, bid, bifurcation, breach, buyer, calculating, card, case, channel, charge, claimed, claiming, Codification, collect, collected, collectively, commenced, Commercial, compete, component, computation, conclusion, conducting, conference, conform, consent, consulting, consummation, continued, converted, counsel, criteria, customary, dated, deemed, degree, denied, derive, designated, designee, detailed, differential, disclose, disclosing, discount, dismissing, distribute, District, EasyPark, employment, entitlement, evaluating, evidence, exceed, excluding, exclusive, execution, exempt, exercised, exposure, extension, external, failed, failure, favor, feature, final, finance, floating, force, forecasted, found, France, French, fund, granting, grow, growing, Harel, headquartered, Hedging, hold, ID, iii, Ile, implementing, inadmissible, incorporated, incur, indemnify, independently, initiated, intangible, intellectual, inter, IP, issuance, iv, judgment, Krakow, lent, lesser, liable, limited, low, lower, mature, maximum, mechanism, Merwell, missing, mix, motion, notice, November, number, obtained, obtaining, offer, offered, offering, opposed, opposing, ordered, ordering, owed, paragraph, parallel, parking, participate, participation, Parx, petitioner, phase, PIAF, placement, plaintiff, pleaded, Polish, preceding, presentation, pretax, previously, priority, procedure, project, property, public, qualifying, quantity, quota, reclassified, record, reduced, reduction, refer, reflecting, rejected, rejecting, relate, remain, remaining, representative, requested, requiring, residual, resolving, ruled, ruling, sanction, scattered, schedule, scheduled, Simplifying, smart, SP, stable, submission, submit, submitted, subscription, subsequently, sum, SuperCom, sustained, tangible, Tanzania, technological, transferred, transferring, Trinomial, twelve, Underlying, undertook, valid, Vector, verdict, voting, withdrawn
Current reports
8-K
Completion of Acquisition or Disposition of Assets
9 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
10 May 22
8-K
Other Events
4 May 22
8-K
Results of Operations and Financial Condition
3 May 22
8-K
Entry into a Material Definitive Agreement
17 Mar 22
8-K
Entry into a Material Definitive Agreement
31 Jan 22
8-K
Entry into a Material Definitive Agreement
19 Jan 22
8-K
Other Events
13 Jan 22
8-K
Other Events
12 Jan 22
8-K
Departure of Directors or Certain Officers
6 Jan 22
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jun 22
Proxies
DEFA14A
Additional proxy soliciting materials
4 May 22
DEFA14A
Additional proxy soliciting materials
2 May 22
DEFM14A
Proxy related to merger
5 Apr 22
PREM14A
Preliminary proxy related to merger
24 Mar 22
DEFA14A
Additional proxy soliciting materials
17 Mar 22
DEFA14A
Additional proxy soliciting materials
4 Nov 21
DEF 14A
Definitive proxy
26 Jan 21
PRE 14A
Preliminary proxy
15 Jan 21
Other
SD
Conflict minerals disclosure
25 May 22
SD
Conflict minerals disclosure
26 May 21
EFFECT
Notice of effectiveness
21 Apr 21
CORRESP
Correspondence with SEC
15 Apr 21
UPLOAD
Letter from SEC
5 Apr 21
EFFECT
Notice of effectiveness
24 Aug 20
CORRESP
Correspondence with SEC
18 Aug 20
UPLOAD
Letter from SEC
17 Aug 20
SD
Conflict minerals disclosure
27 May 20
SD
Conflict minerals disclosure
30 May 19
Ownership
4
ON TRACK INNOVATIONS / Assaf Cohen ownership change
13 Jun 22
4
ON TRACK INNOVATIONS / Amir Eilam ownership change
13 Jun 22
SC 13D/A
ON TRACK INNOVATIONS / Ivy Jerry Lafe JR ownership change
18 Mar 22
4
ON TRACK INNOVATIONS / Amir Eilam ownership change
8 Mar 22
SC 13D/A
ON TRACK INNOVATIONS / Ivy Jerry Lafe JR ownership change
27 Jan 22
4
ON TRACK INNOVATIONS / Amir Eilam ownership change
6 Dec 21
4
ON TRACK INNOVATIONS / Assaf Cohen ownership change
6 Dec 21
3
ON TRACK INNOVATIONS / Zvi Atlas ownership change
6 Dec 21
3
ON TRACK INNOVATIONS / Amir Eilam ownership change
15 Nov 21
4
ON TRACK INNOVATIONS / William Carl Anderson III ownership change
27 Jul 21
Transcripts
2021 Q3
Earnings call transcript
15 Nov 21
2021 Q2
Earnings call transcript
12 Aug 21
2020 Q4
Earnings call transcript
1 Apr 21
2020 Q3
Earnings call transcript
23 Nov 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
6 May 20
2019 Q4
Earnings call transcript
23 Mar 20
2019 Q3
Earnings call transcript
11 Nov 19
2019 Q2
Earnings call transcript
12 Aug 19
2019 Q1
Earnings call transcript
7 May 19