Tech Track 100

This company’s electronic ticketing devices are used by passengers on buses, trams and trains across the UK. Founded in 2009 by chief executive John Clarfelt, 66, chief financial officer Gordon Montgomery, 62, and head of hardware Richard Guy, 65, its ticketing machines are now used by more than 500 transport operators. The customised devices allow multiple payment options including cash, contactless and mobile tickets, while its integrated software platform provides live data on ticket sales and insight into peak usage. Last year, sales hit £14.7m, and the company plans to target overseas public transport markets, particularly in Europe and North and South America.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivityElectronic ticket machine developer
Average 3 year sales growth53.83%
Latest sales £000s14,692

If applicable:

* supplied by company † annualised figure