In the fast-paced world of telematics, Ruptela has emerged as a global leader in GPS tracking devices. By joining our platform as the loan originator in January, Ruptela brought the unique opportunity to diversify investors' portfolios and invest in secure business loans. Today we are thrilled to share the audited financial report of Ruptela for 2022.
Founded in 2007 by Andrius Rupšys, Ruptela quickly established itself as a premier telematics company. With a dedicated team of over 256 professionals operating across five continents, the company has gained a reputation for producing high-quality, reliable, and long-lasting products. Their commitment to excellence is evident in their exceptional 99.9% quality rate, measured using the international parts per million (PPM) method.
Ruptela's international market presence serves clients in more than 127 countries. The company's diverse customer base includes heavy-load transport, LCV transport, last-mile delivery, and construction industries. Over the years, Ruptela has built strong relationships with its clients, and as a result, they have achieved remarkable customer loyalty. Remarkably, Ruptela's credit loss has never exceeded 2% since its inception in 2007.
The recently released financial report for 2022 reveals impressive revenue amounting to 20,645,247 Eur. This financial result indicates the strong demand for Ruptela's GPS tracking devices and their ability to generate substantial revenue.
The key figures from financial statement of 2022:
- Total assets: 12 382 347 EUR
- Equity: 2 968 659 EUR
- Revenue: 20,645,247 EUR
Despite the challenges during the year, Ruptela has exhibited impressive financial stability and resilience. With its expanding global reach and loyal customer base, the company is well-positioned for continued success in the telematics industry.
Please view the Audited Financial Statement here: https://hive5.co/loan-originators/ruptela/