$TTI Acquisition of ITS Artcraft Business
Market Capitalisation $25,557,909
Shares Issued 482,224,695
The Top 20 Shareholders of TTI hold 62.57% of shares on issue.
Revenue up 19%
▪ EBITDA up 344%
▪ EBIT up 109%
▪ NPAT up 98%
▪ Group has continued trading in all states throughout COVID
lockdowns
▪ Order book strong
▪ Significant improvement on prior period result
Balance Sheet
▪ Net Debt: $9.8m
▪ Net Assets: $6.9m
▪ Gearing Ratio: 59%
Traffic Technologies Ltd (TTI) operates through its Traffic Products division, which is in the design, manufacture and installation of traffic signals, traffic controllers, pedestrian countdown timers, electronic road signs, emergency telephones, portable roadside technology and road lighting products and provides a range of directional and regulatory traffic signs and traffic control products to road traffic authorities, municipal councils and construction companies.
