Journeo Plc

What Journeo Plc does

Journeo plc (LSE:AIM: JNEO) is a UK-headquartered intelligent transport systems provider that designs, manufactures, and integrates hardware, software, and services for bus, rail, airport, and critical national infrastructure operators. Its technology stack is anchored by the Journeo Portal, a cloud-based SaaS platform that aggregates data from on-vehicle systems (CCTV, automatic passenger counting at 98% accuracy, telematics, driver behaviour monitoring, on-board WiFi, camera monitor systems, blind spot detection), station and interchange passenger information displays (LED, LCD, e-paper), and the Journeo Edge on-vehicle gateway — connected via an open API to customer fleet management systems such as First Bus's TracerIT. Through its wholly-owned subsidiary Infotec Limited, Journeo manufactures ruggedised rail passenger information displays deployed across approximately 80% of the UK rail network and over 30% of London Underground stations, managing over 1 million departures and supporting 2.19 million daily passenger journeys.

The company generates revenue across four streams: hardware and product sales (displays, on-vehicle equipment, infrastructure protection systems); recurring software subscriptions via the Journeo Portal, EPI content management, and Nordic SaaS operations; project and integration services (system design, installation, commissioning); and managed maintenance and support contracts, including the Adoptive Warranty Scheme and field engineering via a FITAS-accredited nationwide network. Journeo targets enterprise and government buyers — bus and coach operators, PTEs and local authorities, Train Operating Companies and Network Rail, airports and ground handlers, and critical infrastructure operators — through direct field sales, subsidiary channels (Infotec for rail, Journeo A/S for Nordics, CFDS for infrastructure protection), and partnerships with channel players such as Outfront Media Group in North America and Grassfish AB in Sweden.

The business has scaled through a disciplined buy-and-build strategy: Infotec (rail displays, January 2023), MultiQ Denmark / Journeo A/S (Nordic expansion, September 2023), and Crime and Fire Defence Systems (critical infrastructure protection, September 2025, £13.7m). FY2025 revenue of £55m was up 11% YoY with adjusted pre-tax profit of £5.7m, and FY2026 guidance points to ~$96m USD following CFDS consolidation. The company employs nearly 300 staff across UK, Nordic, and project geographies, holds ISO 9001, ISO 27001, and Cyber Essentials certifications, and trades on London Stock Exchange's AIM market.

Name

Journeo Plc

Legal name

Journeo plc

Website

https://journeo.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

Journeo plc (LSE:JNEO) provides integrated intelligent transport systems — combining cloud software, on-vehicle hardware, and passenger information displays — for bus, rail, airport, and critical infrastructure operators across the UK and internationally.

Ownership category

akta.pro rank

Product category

Intelligent Transport Systems

NAICS

Urban Transit Systems (4851), Bus and Other Motor Vehicle Transit Systems (485113), Commuter Rail Systems (485112), Support Activities for Transportation (488), Other Support Activities for Transportation (4889)

SIC

Transportation Services (4700), Services-Computer Integrated Systems Design (7373), Railroad Equipment (3743), Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Data Integration, APIs & Telematics Data Platforms (TLABAJAM)

akta.pro secondary industry

Dynamic Message Signs & Traveler Information Systems (DMS/511, VMS/CMS) (TLAJACAH)

Keywords

• Intelligent transport systems
• Passenger information displays
• Fleet management software
• Public transport technology
• Critical infrastructure protection

Headquarters

HQ city

Croydon

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Hardware and Product Sales: Sale of physical technology products including passenger information displays (LED, LCD, e-paper), on-vehicle systems (CCTV, cameras, sensors, passenger counting units, announcement systems), and infrastructure protection equipment. One-time capital expenditure for customers.
2. Software Subscriptions and SaaS: Recurring revenue from the Journeo Portal cloud platform, content management systems (EPI, Javelin), and remote monitoring services. Significant portion of Journeo A/S revenue is recurring SaaS-based. MultiQ acquisition brings SaaS-based sales approach with significant recurring revenue.
3. Project and Integration Services: System design, integration, installation, and commissioning services for transport technology deployments, including infrastructure upgrades at stations and interchanges.
4. Managed Maintenance and Support Services: Ongoing maintenance, field service support, and managed programs such as the Adoptive Warranty Scheme (AWS) for enrolled vehicles, as well as support contracts for display networks under software and support agreements.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Journeo designs, manufactures and integrates intelligent transport systems for bus, rail, airport and passenger transport infrastructure operators. The core offering combines the Journeo Portal cloud-based SaaS platform (real-time passenger information, remote condition monitoring, CCTV and video management, passenger counting, telematics) with on-vehicle hardware (CCTV, automatic passenger counting, camera monitor systems, blind spot detection, next-stop announcements, on-board WiFi), in-house manufactured rail passenger information displays via Infotec, and CFDS critical national infrastructure protection solutions.

Product overview

Journeo is an intelligent transport systems provider offering a modular platform architecture centred on the Journeo Portal cloud-based platform. The product portfolio spans integrated public transport software (including EPI real-time passenger information and Journeo Portal modules for Remote Condition Monitoring, Video Management, Passenger Count, and Telematics), bus and coach solutions (CCTV, Camera Monitor Systems, Blind Spot Information Systems, Next-Stop Announcements, Automatic Passenger Counting, Driver Displays, On-Board WiFi), rail systems (Infotec displays, CCTV, passenger counting, GPS tracking, Train WiFi), and passenger transport infrastructure technology (LED, LCD, Low-Power/E-ink, Interactive Totems). The company operates acquired brands including Infotec (UK rail displays, ~80% UK rail network coverage), Crime and Fire Defence Systems (infrastructure protection), and Journeo A/S (formerly MultiQ, Nordic operations). Products connect to the Journeo Portal via Journeo Edge on-vehicle gateway, enabling integration with existing systems and cloud-based management.

Differentiator

Problem solved

Functional benefit

Brands

• Journeo Portal: Cloud-based intelligent transport systems platform connecting vehicles, passenger information, transit infrastructure and associated data
• Journeo Transit
• Journeo Edge
• Remote Condition Monitoring (RCM)
• Blind Spot Information System (BSIS)

Products and services

• Journeo Portal

Quantifiable outcome

• National Express Stansted operation saves £0.5m+ per year following Journeo intelligent transport system implementation
• +6 more outcomes

Named customers18 records

Segments5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability6 records

Feature12 records

Partnerships

Eight partnerships are on record, tiered core, strategic and major.

• APCOA / Park2TravelcoreImplementation/ SI/ Consulting Partner · 30 June 2026Park2Travel, operated by APCOA, launched a real-time smart tracking system at Dublin Airport as part of a €2 million-plus investment. Journeo supplied the technology including QR code tracking, on-board digital screens, and automated audio updates for five new premium passenger buses serving over 25,000 weekly passengers.
• NaviLensstrategicTechnology or Integration · 21 May 2026NaviLens navigation technology deployed at Belfast Grand Central Station in partnership with Translink. NaviLens uses colourful QR-like codes deliverable via smartphone app, providing real-time audio guidance and multilingual passenger information for blind and visually impaired users. Journeo configured, installed, and integrated the solution as technology partner alongside Translink.
• Outfront Media GroupmajorChannel Partner/ Reseller/ Distributor · 7 May 2026Outfront Media Group acts as prime contractor awarding purchase orders to Journeo's Infotec subsidiary for transit display systems. Key awards include $1.2m order for Massachusetts Bay Transportation Authority's Boston network and previous deployment for New York's MTA. Outfront sources bespoke display solutions from Infotec and deploys them across North American transit clients.
• DSB (Denmark)majorChannel Partner/ Reseller/ Distributor · 5 May 2026DSB (Danish State Railways) awarded Journeo a contract to supply bodyside LED display panels for its Dosto double-deck rail coaches. The project replaces obsolete displays with modern units integrating seamlessly with DSB's existing on-board content management equipment and protocols.
• Crime and Fire Defence Systems Limited (CFDS)coreStrategic or Co-development Partner · 2 September 2025Journeo acquired Crime and Fire Defence Systems Limited for £13.7 million, a specialist in protecting the UK's critical national infrastructure including power plants and water facilities. CFDS reported audited revenue of £17.33m and PBT of £1.36m for the 12 months ended April 2025. The deal is expected to boost FY26 revenue by £17m and adjusted PBT by £1.4m, supporting Journeo's three-year £100m revenue target.
• Grassfish ABcoreStrategic or Co-development Partner · 8 May 2024Strategic intelligent transport solutions partnership between Journeo (formerly MultiQ) and Grassfish AB for Skånetrafiken AB in Sweden. The partnership covers approximately 1,000 buses and hundreds of departure boards in the Skåne region, extending up to 6 years. Journeo provides content management platform technical services, on-site engineering and support, while Grassfish drives innovation through its CMS platform and concept development. This partnership provides Journeo direct access to new customers in the Swedish transport market.
• Vertiseit ABcoreStrategic or Co-development Partner · 20 September 2023Acquisition of MultiQ Denmark A/S from Vertiseit AB for €2.5 million on a debt-free, cash-free basis. The deal expanded Journeo's presence in the Nordic market (Denmark, Sweden, Iceland), strengthening its portfolio of Intelligent Transport Systems. MultiQ brought SaaS-based sales approach with significant recurring revenue and enhanced cross-selling opportunities.
• IGL Limited (including Infotec Limited)coreStrategic or Co-development Partner · 18 January 2023Journeo plc acquired IGL Limited including its subsidiary Infotec Limited on 18 January 2023. Infotec is the UK's leading rail passenger information systems manufacturer with over 15,000 displays in approximately 80% of UK rail stations. This acquisition added rail market expertise and manufacturing capability to the Journeo Group.

Scale indicators16 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• INIT Group: German-headquartered provider of integrated ITS hardware and software for public bus and rail fleets (planning, ticketing, passenger information, telematics). Closest direct peer to Journeo's combined on-vehicle + cloud + infrastructure display offering for European transit operators.
• Trapeze Group (Modaxo): Transit software specialist within Modaxo (Volaris) covering CAD/AVL, passenger information, and fleet management for buses and rail. Direct competitor in the same operator procurement processes Journeo targets in the UK and Europe.

Broad incumbents

• Cubic Transportation Systems: Large incumbent in transit fare collection, real-time passenger information, and traffic management, including UK rail. Comparable as an enterprise ITS incumbent with a broader portfolio than Journeo's niche focus on bus/rail displays and telematics.
• Verra Mobility: US-listed provider of smart mobility solutions spanning traffic safety, smart cities, and ANPR/enforcement. Comparable to Journeo's CNI/security work via CFDS and to its display/telematics infrastructure play for government customers.
• Conduent Transportation: Large incumbent in transit fare collection, traffic management, and public-sector transportation services. Comparable as a broad ITS incumbent bidding for many of the same UK and US public-sector tenders that Journeo and Infotec target.

Emerging players

• Samsara: US-listed fleet telematics and IoT platform with on-vehicle video, sensors, and cloud software. Compares to Journeo Portal and on-vehicle suite (CCTV, telematics, driver behaviour), with much greater scale and software-only economics that could pressure Journeo's pricing.
• Geotab: Global fleet telematics platform with open APIs, GPS tracking, and a broad marketplace of integrations. Comparable to the Journeo Portal as a telematics data platform, though focused more on commercial road fleets than UK public transport.
• Lytx: Fleet safety and video telematics provider with dashcams, driver behaviour analytics, and cloud platform. Comparable to Journeo's CCTV + driver behaviour modules and Remote Condition Monitoring, especially for bus and commercial fleet operators.
• Optibus: AI-based transit operations and scheduling platform for bus operators. Adjacent to Journeo Portal's predictive ML capabilities for headway management and vehicle allocation, but focused on planning rather than on-vehicle hardware.

Regional players

• IDEMIA Public Security / Scheidt & Bachmann: European ticketing, fare collection, and station systems supplier for public transport. Comparable as a non-UK European ITS hardware/software vendor competing in similar rail and urban transit procurement processes, particularly relevant to Journeo's Nordic and Irish wins.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/journeo
• Xx.com/journeoplc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Journeo Plc