ICTSFOTCServices-Business Services, NECUS GAAP · USD

Icts International N V

ICTS International N.V. is a U.S.-listed business services company that provides aviation and security-related services through an international operating footprint. Its business centers on outsourced screening, security, and inspection services for transport and other facilities where access control and regulatory compliance are critical.

Liikevaihto534milj. USD
+10,6 %v/v
Liikevoitto (EBIT)−17,4milj. USD
−201,3 %v/v
EBIT-marginaali−3,3%
−2,1 %-yks.v/v
Nettotulos−14,3milj. USD
−239,0 %v/v
Vapaa kassavirta−32,8milj. USD
−187,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2000200400600milj. USD2020: 248 milj. USD2020: EBIT 8,1 milj. USD20202021: 325 milj. USD2021: EBIT 52 milj. USD20212022: 325 milj. USD2022: EBIT −3,6 milj. USD20222023: 432 milj. USD2023: EBIT 11 milj. USD20232024: 483 milj. USD2024: EBIT −5,8 milj. USD20242025: 534 milj. USD2025: EBIT −17 milj. USD2025534−17
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Aviation security services55 %

Screening, inspection, and operational security services for airports and airline-related environments.

Facility and access security25 %

Security services for controlled-access sites, terminals, and other sensitive facilities.

Security consulting and risk services10 %

Advisory and assessment work related to threat prevention and compliance.

Cargo and transport security support10 %

Security handling for cargo, transport flows, and related inspections.

Asiakkaat

ICTS serves airports, airlines, transport operators, and other organizations that need outsourced security functions. Customers buy these services to meet regulatory requirements, protect passengers and assets, and maintain uninterrupted operations in high-security environments.

Airports

Buy screening and checkpoint services to meet aviation security rules and keep passenger flows moving.

Airlines

Use outsourced passenger, baggage, and operational security support at airports and terminals.

Transport and cargo operators

Purchase inspection and cargo security services to protect goods and maintain chain-of-custody controls.

Facility operators

Buy access control and site security services for sensitive or regulated locations.

Public-sector and regulated clients

Engage the company for security services where compliance and operational discipline are required.

Strategia

ICTS’s strategy is to win and retain outsourced security contracts in regulated transport environments where service quality and compliance are essential. The business depends on operational reliability, customer relationships, and the ability to meet changing security requirements across different jurisdictions.

Contract retention and renewalLyhyt aikaväli

Security services are often outsourced under contract, so renewal wins protect revenue continuity.

Operational complianceKeskipitkä aikaväli

Customers rely on the company to meet changing aviation-security rules and audit requirements.

Geographic diversificationKeskipitkä aikaväli

A broader country footprint reduces reliance on any single airport or regulator.

Maantiede

2025

The company operates internationally, with business tied to airports and security-sensitive facilities across multiple countries. Its exposure is shaped by aviation traffic patterns, local security regulations, and the need to serve customers in jurisdictions where outsourced screening and inspection are permitted.

Saksa32 %
Espanja26 %
Alankomaat23 %
USA19 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is exposed to contract concentration, regulatory changes, and customer volume swings in aviation and transport. It also faces labor intensity, since service quality depends on recruiting, training, and retaining security personnel in a highly regulated environment.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Regulatory change1Contract concentration2Labor availability3Travel and cargo volume sensitivity4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Regulatory changeVaikutus: KorkeaTodennäköisyys: Korkea

    The business must comply with aviation and transport-security rules that can change by jurisdiction.

    Kohdistuu: Security screening and inspection services

  2. Contract concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Security services are often delivered under a limited number of airport or facility contracts.

    Kohdistuu: Airport screening and facility security

  3. Labor availabilityVaikutus: KeskitasoTodennäköisyys: Korkea

    Security operations require trained staff and are difficult to run without stable staffing levels.

    Kohdistuu: Passenger screening and access control

  4. Travel and cargo volume sensitivityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Customer demand is tied to airport activity and transport volumes.

    Kohdistuu: Aviation and transport end markets

Kirjanpito

Harkinnanvaraiset erät
Service revenue recognition

Security work is delivered over time, so contract timing and performance obligations affect reported revenue.

Vaikutus: Can shift revenue between periods

Provisions and contingencies

The company can face disputes, claims, or obligations related to service contracts and operations.

Vaikutus: Can affect expenses and liabilities

Lease accounting

Airport and facility operations often involve site leases or occupancy commitments.

Vaikutus: Affects operating assets, liabilities, and expense timing

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026