Financial Reports

Information on our financial performance and development

On the following pages we provide init’s annual reports and quarterly statements of init SE in PDF format.

Key figures

The most important key figures in comparison

Revenues(EUR million)
EBIT(EUR million)
Consolidated net profit(EUR million)
Earnings per share(EUR)

*proposed to the AGM 2020

Financial Year 2020

Revenues increased by around 14 percent to EUR 40.3m (Q1 2019: EUR 35.3m)

Operating profit more than tripled compared with previous year

Gross margin increased to 35 percent (Q1 2019: 30 percent)

Incoming orders on target at EUR 44m

Cash flow reaches EUR 6.5m (Q1 2019: EUR 1.8m)


The coronavirus crisis did not affect the growth of init innovation in traffic systems SE (ISIN DE 0005759807) in the first quarter of the 2020 financial year. According to the figures available now, the leading international supplier of telematics, planning and ticketing systems for buses and trains increased its revenues in this period by around 14 percent year on year to EUR 40.3m (Q1 2019: EUR 35.3m). Both the operating profit (EBIT) and the consolidated net profit tripled at the same time. The Managing Board has therefore confirmed its forecast for the year as a whole with a revenues target of around EUR 180m and earnings before interest and taxes (EBIT) of EUR 18 to 20m. The 2020 revenues and earnings planning takes into account the full consolidation of the DResearch Fahrzeugelektronik Group (DVS/DFE) starting in April 2020.

The complete quarterly statement will be available from 14 May 2020 on this site. 

Financial Year 2019

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Non-Financial Group Report

From the financial year 2017 onwards, init is obliged to draw up and disclose a non-financial declaration for the group in the annual management report or a separate non-financial report for the financial year. init group deals in this report with the aspects "employees", "data protection" as well as with "combating corruption and bribery".

Archive of financial reports and non financial group reports

Investor Service

Do you have any questions or comments about investor relations? We are here to help.

Simone Fritz

Investor Relations
init SE
Tel.: +49-(0)721-6100-115
Fax.: +49-(0)721-6100-130

Email: ir_prefix@initse._suffixcom