Enjoy your journey.......jpg

Hardware Flexibility

FARA delivers Electronic Ticketing, Infotainment Systems and Real Time Information Systems such as Fleet Management, Traffic Management and Passenger Information. We believe in innovative and integrated software solutions offering full hardware flexibility.


FARA is a member of UITP

FARA is the market leader

FARA is the market leader in the Nordic countries within IT-solutions to the public transport sector. We supply systems for

  • Electronic Ticketing/Automatic Fare Collection
  • Infotainment Systems
  • Real Time Information such as Fleet Management, Traffic Management and Passenger Information
 
FARA Q4 Presentation

FARA ASA presented the financial result for the fourth quarter of 2009, at 8:30, Tuesday 16th February 2010 Felix konferansesenter, Aker Brygge, Bryggetorget 3, Oslo

HIGHLIGHTS

  • FARA revenue in Q4 2009 was MNOK 30,4 (44,6)
  • Total revenue 2009 was MNOK 130 (116)
  • EBITDA in Q4 2009 of MNOK -22,8 (+2,4)
  • Postponed project deliveries
  • Heavy investment in product development
  • An order inflow of MNOK 27 (46,9)
  • Order back log is MNOK 90 (94)
  • New contract and additional orders both for ticketing and RTI/Infotainment
  • Established a market making agreement with Orion

Figures in brackets are 2008 numbers

The meeting is available through recorded webcast and can be found here: http://nongrata.seria.net/embed.php?id=24091

Download: FARA 4Q-09 Presentation
Download: FARA 4Q-09 Report ENG

Contactperson;
CFO Ørjan Kirkefjord, +47 950 84 730  
 
Aust-Agder confirms FARA as a preferred partner

Aust-Agder county has signed the final delivery contract with FARA ASA, the leading supplier of IT solutions to the public transport sector in the Nordics, confirming the previously announced delivery of FARA’s electronic ticketing solutions. The contract value is MNOK 11,2 excluding the service and maintenance agreements for the next 15 years. In total FARA has delivered their solution to 13th counties in Norway. The delivery, comprising a total of approximately 150 buses, will commence immediately.
Read more...