Inspite of the dearth of new choices on inventory markets in new months, Israeli robotic parking techniques firm Parkomat Worldwide has reportedly ensured elevating NIS 23 million on the Tel Aviv Inventory Exchange (TASE) at a company valuation of NIS 41 million, ahead of dollars. The IPO was led by underwriters Leumi Partners.

Primarily based in Ness Ziona, Parkomat was launched in 2009. The firm options, develops, provides, assembles and services mechanical and robotic parking methods for true estate jobs in Israel and overseas. At the identical time by its subsidiary Jupiter, Parkomat develops and sets up robotic installations for the fast charging of electric powered auto batteries.

Parkomat cofounder Giora Naveh serves as CEO and chairman of the enterprise. He is the company’s managing shareholder with each other with the other a few founders.

The corporation has been escalating promptly with revenue of NIS 66.3 million in 2021, up 51.2% from 2020, when profits was 28% increased than 2019. General gain in 2021 was NIS 6.1 million, up from NIS 3.3 million in 2020, and NIS 380,000 in 2019.

Parkomat has 60 staff and says it has shipped 250 tasks to date with thousands of parking places. The mechanical parking units are primarily based on hydraulic lifting which takes gain of unused space in underground vehicle parks (8% of firm earnings), while robotic methods cope with parking in a computerized and automated way (92% of revenue).

Parkomat estimates that just about every parking area fees a developer NIS 50,000, not including infrastructure, and estimates that the industry in Israel is really worth NIS 500 million per year.

Published by Globes, Israel organization information – en.globes.co.il – on July 3, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.


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