Qro Solutions Limited
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Qro Solutions Limited - overview
Established
2000
Location
Kettering, -, UK
Primary Industry
Hardware
About
Qro Solutions Limited specializes in advanced Automatic Number Plate Recognition (ANPR) technologies, delivering innovative products that enhance security and traffic management for law enforcement and governmental agencies. Qro Solutions Limited, founded in 2000, provides cutting-edge ANPR technologies. The company is headquartered in the United Kingdom and operates primarily in markets that require sophisticated surveillance and traffic monitoring systems. Details on any company pivots or changes in operations are not available.
The founder's history and any previous ventures are also not disclosed. Qro Solutions specializes in advanced Automatic Number Plate Recognition (ANPR) technologies, offering a suite of products designed to enhance security and traffic management for law enforcement and governmental entities. Their flagship products include the Harrier AI and Harrier Mini, which utilize artificial intelligence for improved accuracy and efficiency in license plate recognition. The company's offerings also comprise in-vehicle solutions like the Merlin IP ANPR system, providing HD capabilities across multiple lanes, and fixed site solutions that facilitate the sharing of ANPR data with external government organizations for journey time analysis.
Qro Solutions has established strong relationships with UK Police Forces and international distributors, serving customers primarily in the UK and regions requiring advanced surveillance and traffic monitoring technologies. The company’s products are equipped with features such as remote monitoring capabilities and support for various connectivity options, making them suitable for a diverse range of applications. Qro Solutions generates revenue through a combination of direct sales and partnerships within the law enforcement sector. Their revenue model involves the sale of hardware and software solutions, subscription-based services for ongoing support and maintenance, and potential licensing agreements for their proprietary technology.
Key products such as the QBOX ANPR system and the ProVida 4000 form the cornerstone of their revenue stream, supported by additional offerings like battery solutions and remote power monitors. Transactions are structured for either upfront purchases or recurring payments for maintenance and software updates, thus enabling clients to seamlessly integrate their systems into existing workflows. Qro Solutions targets professional customers, including police forces and governmental organizations, ensuring that their pricing reflects the value provided through enhanced operational capabilities.
Primary Industry
Hardware
Sub Industries
Hardware
Website
https://www.qrosolutions.co.uk/
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Qro Solutions Limited - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 2,034,000 | 2,355,000 | - | - | - |
| % Revenue Growth (YoY) | - | 15.8% | - | - | - |
| EBITDA (USD) | 118,000 | 104,000 | - | - | - |
| Operating Income (USD) | 118,000 | 45,000 | - | - | - |
| Operating Margin | 5.8% | 1.9% | - | - | - |
| % EBITDA Margin | 5.8% | 4.4% | - | - | - |
| NET Income (USD) | 123,000 | 58,000 | - | - | - |
| % Net Margin | 6.0% | 2.5% | - | - | - |

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