YB Tracking Ltd

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YB Tracking Ltd - overview

Established

2008

Location

-, Hampshire, UK

Primary Industry

Software

About

YB Tracking Ltd specializes in satellite tracking solutions, offering devices that allow for real-time monitoring of people and vehicles globally, particularly in remote areas without cellular coverage. Founded in 2008 in the UK, YB Tracking Ltd develops satellite tracking devices. In October 2018, the company was acquired by Wireless Innovation Ltd, a portfolio of Horizon Capital. Specific office locations are not disclosed, and there are no mentions of the founder or CEO available.


YB Tracking specializes in providing satellite tracking devices that enable users to monitor and communicate with people, vehicles, and other entities across the globe. Their primary offerings include the YB3 Handheld Tracker and YB3i Fixed Tracker, which are designed for high durability and functionality, ensuring reliable performance in rugged environments. These devices come with customizable web pages, integrating Google Maps for real-time tracking and updates. The company primarily serves adventurers, racers, and organizations participating in events like yacht races, adventure races, and school expeditions, with a significant focus on providing solutions for activities occurring outside of cellular coverage.


YB Tracking's products are available in various international markets, ensuring that users can access their services regardless of location. YB Tracking generated revenue of USD 0 mn in the most recent year, with an EBITDA of USD 0. The company generates revenue through the sale and rental of tracking devices, focusing on a rent-and-return model appealing to individual consumers and businesses participating in various events. Clients, including event organizers and adventure seekers, engage with YB Tracking primarily through pay-as-you-go services facilitating flexible transactions.


The firm structures its pricing around individual product offerings, with flagship devices supported by additional services such as API access for data integration. YB Tracking plans to leverage recent developments to enhance its product range and expand into new markets. Following its acquisition in October 2018, the company aims to introduce new satellite tracking products and further penetrate international markets, although specific timelines are not stated. The integration of resources from Wireless Innovation Ltd is expected to support these initiatives.


Current Investors

Wireless Innovation Ltd.

Primary Industry

Software

Sub Industries

Analytics & Performance Software

Website

www.ybtracking.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

YB Tracking Ltd - financials

Fiscal Year EndedNov 30, 2018Nov 30, 2019Nov 30, 2020Nov 30, 2021Nov 30, 2022Nov 30, 2023
Revenue (USD)1,511,0001,446,000----
% Revenue Growth (YoY)-(4.3%)(100.0%)---
EBITDA (USD)343,000992,000----
Operating Income (USD)192,000934,000----
Operating Margin12.7%64.6%----
% EBITDA Margin22.7%68.6%----
NET Income (USD)158,000750,000----
% Net Margin10.5%51.9%----

YB Tracking Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedYB Tracking Ltd-

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