Ultrack Systems, Inc. (MJLB)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Ultrack Systems, Inc. (MJLB) trades at $0.00 with AI Score 61/100 (Grade B+). Ultrack Systems, Inc. (MJLB) specializes in fleet tracking technology, offering a variety of GPS tracking devices and cameras. Market cap: $298,926, Sector: Technology.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for MJLB: MJLB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MJLB against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
MJLB: 4/5 perspectives are bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Ultrack Systems, Inc. (MJLB) Technology Profile & Competitive Position
Ultrack Systems, Inc. is a technology company focused on innovative fleet tracking solutions, providing a diverse range of GPS tracking devices and surveillance equipment to enhance asset management and security for businesses.
What Is the Investment Thesis for MJLB?
Ultrack Systems, Inc. is positioned to capitalize on the growing demand for fleet tracking solutions, driven by the increasing need for asset security and management. With a gross margin of 80.7%, the company demonstrates strong profitability potential despite its current negative profit margin of -35.6%. The fleet tracking market is projected to grow significantly, with businesses increasingly adopting GPS technology for operational efficiency. Ultrack's diverse product line, including solar-powered and battery-operated devices, allows it to cater to various customer needs, enhancing its competitive edge. However, the company faces challenges, including potential market saturation and competition from established players. The successful execution of its growth strategy, focusing on innovative product offerings and market expansion, will be crucial for Ultrack's future performance.
Based on FMP financials and quantitative analysis
MJLB Key Highlights
- Gross margin of 80.7% indicates strong profitability potential in the fleet tracking industry.
- Negative profit margin of -35.6% highlights current operational challenges that need addressing.
- Market cap currently at $0.00B suggests limited market recognition and potential for growth.
- Beta of 0.04 indicates low volatility compared to the market, suggesting stability.
- The company employs 18 individuals, reflecting a small but focused operational team.
Who Are MJLB's Competitors?
MJLB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| GPS The Gap, Inc. | $24.55 | +4.38% | $9.21B | 50 |
| TRMB Trimble Inc. | $53.04 | +0.87% | $12.36B | 57 |
| OMC Omnicom Group Inc. | $78.62 | +3.30% | 23B | 56 |
| MDA Macdonald Dettwiler & Associate | $40.75 | +3.16% | $5.65B | 66 |
| WATT Energous Corporation | $24.09 | +0.84% | $35.78M | 65 |
| APH Amphenol Corporation | $164.59 | -4.43% | $202.48B | 63 |
| SATL Satellogic Inc. | $5.43 | -1.99% | $652.46M | 62 |
| HOLO MicroCloud Hologram Inc. | $1.54 | -3.14% | $20.29M | 61 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MJLB's Key Strengths?
- High gross margin indicating strong profitability potential.
- Innovative product offerings, including solar-powered tracking devices.
- Small, focused team allows for agile decision-making.
What Are MJLB's Weaknesses?
- Negative profit margin indicates current operational challenges.
- Limited market cap suggests low recognition and potential for growth.
- Small employee base may limit scalability and operational capacity.
What Could Drive MJLB Stock Higher?
- Expansion of product offerings to include advanced IoT solutions.
- Continuous development of solar-powered tracking technologies.
- Targeting international markets to diversify revenue streams.
- Building partnerships with logistics companies for enhanced market reach.
What Are the Key Risks for MJLB?
- Financial-distress signal — its Altman Z-Score of 1.02 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-0.8%) — the business is not currently generating profit on shareholder capital.
- Increased competition from established players in the fleet tracking industry.
- Challenges related to maintaining profitability amid operational costs.
- Market saturation as more companies enter the fleet tracking space.
What Are the Growth Opportunities for MJLB?
- Growth opportunity 1: The global fleet management market is projected to grow at a CAGR of 15% from 2021 to 2026, driven by the increasing adoption of GPS tracking technology. Ultrack Systems, Inc. can capitalize on this trend by expanding its product offerings and enhancing its marketing strategies to attract new customers in various sectors, including logistics and transportation.
- Growth opportunity 2: The rising demand for solar-powered tracking solutions presents a significant growth opportunity for Ultrack Systems. As businesses seek sustainable and energy-efficient technologies, Ultrack's solar-powered asset tracking devices can capture a share of the expanding market, estimated to reach $10 billion by 2025, providing a competitive advantage.
- Growth opportunity 3: The integration of IoT technology into fleet management is transforming the industry. Ultrack can leverage this trend by developing smart tracking solutions that offer real-time data analytics and insights, enhancing customer value and driving adoption among tech-savvy businesses.
- Growth opportunity 4: Expanding into international markets can provide Ultrack with new revenue streams. With the global demand for fleet tracking solutions on the rise, targeting emerging markets where asset tracking is becoming essential can significantly boost the company's growth potential over the next five years.
- Growth opportunity 5: The increasing focus on security and surveillance in various industries presents an opportunity for Ultrack to enhance its product line. By developing advanced surveillance technologies, such as AI-powered cameras and tracking systems, the company can tap into the growing security market, projected to exceed $300 billion by 2026.
What Opportunities Does MJLB Have?
- Growing global demand for fleet management solutions.
- Expansion into international markets for new revenue streams.
- Integration of IoT technology into product offerings.
What Threats Does MJLB Face?
- Intense competition from established players in the fleet tracking industry.
- Potential market saturation as more companies enter the space.
- Rapid technological changes requiring constant innovation.
What Are MJLB's Competitive Advantages?
- Strong gross margin of 80.7% indicates pricing power and operational efficiency.
- Diverse product offerings cater to various customer needs and preferences.
- Focus on innovative, solar-powered solutions differentiates Ultrack in the market.
What Does MJLB Do?
Ultrack Systems, Inc., founded in Concord, California, operates within the fleet tracking industry, providing cutting-edge solutions for asset management and security. The company has evolved to offer a comprehensive range of products, including battery-powered asset tracking devices, solar-powered asset trackers, hard-wired GPS trackers, GPS padlocks, plug-and-play trackers, iridium satellite trackers, and GPS dash camera trackers. Additionally, Ultrack Systems offers HD 720P solar and battery-powered IP yard cameras, catering to the growing demand for surveillance and asset protection. With a dedicated team of 18 employees, Ultrack Systems is committed to delivering high-quality products that meet the needs of its clients. The company's focus on innovation and technology positions it well within the competitive landscape of fleet tracking solutions, as businesses increasingly seek reliable and efficient ways to monitor their assets. By leveraging advanced tracking technologies, Ultrack Systems aims to enhance operational efficiency and security for businesses across various sectors, contributing to its growth in the market.
What Products and Services Does MJLB Offer?
- Develops battery-powered asset tracking devices for efficient asset management.
- Offers solar-powered asset tracking solutions to enhance sustainability.
- Manufactures hard-wired GPS trackers for reliable tracking of vehicles and assets.
- Provides GPS padlocks for secure access control.
- Creates plug-and-play trackers for easy installation and use.
- Supplies iridium satellite trackers for global tracking capabilities.
- Produces GPS dash camera trackers for vehicle monitoring.
- Offers HD solar and battery-powered IP yard cameras for enhanced surveillance.
How Does MJLB Make Money?
- Generates revenue through the sale of GPS tracking devices and surveillance equipment.
- Offers subscription-based services for enhanced tracking capabilities and data analytics.
- Targets businesses across various sectors, including logistics, transportation, and security.
- Focuses on product innovation to meet evolving customer needs and market demands.
What Industry Does MJLB Operate In?
The fleet tracking industry is experiencing robust growth, driven by increasing demand for asset management and security solutions across various sectors. With the global market for fleet management projected to reach $34 billion by 2026, companies like Ultrack Systems, Inc. are well-positioned to benefit from this trend. The competitive landscape includes established players offering similar technologies, but Ultrack's focus on innovative, battery-powered, and solar solutions sets it apart. As businesses increasingly adopt technology to enhance operational efficiency, Ultrack's offerings align with market needs, positioning the company favorably within the industry.
Who Are MJLB's Key Customers?
- Logistics companies seeking efficient asset tracking solutions.
- Transportation businesses requiring reliable vehicle monitoring.
- Security firms looking for advanced surveillance technologies.
- Retailers needing to manage inventory and asset security.
F-Score 5/9Financial Health
Ultrack Systems, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.02 places it in the distress zone, a signal of elevated financial risk.
MJLB Valuation & Market Position
With a 299K market cap, Ultrack Systems, Inc. sits in the micro-cap segment of the market. Relative to its peer group, MJLB's quantitative score of 61/100 is roughly in line with the peer average of 59/100.
ROE -1%Key Financial Metrics
Return on equity for Ultrack Systems, Inc. stands at -0.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.6%, showing how much profit it generates from its asset base. Its free cash flow yield is 14.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 55.86 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -16.3%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
Ultrack Systems, Inc. operates in the Hardware, Equipment & Parts industry within the Technology sector. It is headquartered in Concord, CA. The company is led by CEO Alexander Madison Scheltema. MJLB has traded publicly since 1997.
MJLB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- High gross margin indicating strong profitability potential.
- Innovative product offerings, including solar-powered tracking devices.
- Small, focused team allows for agile decision-making.
- Upcoming: Expansion of product offerings to include advanced IoT solutions.
Bear Case
- Negative profit margin indicates current operational challenges.
- Limited market cap suggests low recognition and potential for growth.
- Small employee base may limit scalability and operational capacity.
- Potential: Increased competition from established players in the fleet tracking industry.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
MJLB Latest News
No recent news available for MJLB.
MJLB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MJLB.
Price Targets
Wall Street price target analysis for MJLB.
MJLB MoonshotScore
What does this score mean?
The MoonshotScore rates MJLB's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Hardware, Equipment & PartsLeadership: Alexander Madison Scheltema
CEO
Alexander Madison Scheltema has extensive experience in the technology sector, particularly in fleet management solutions. He has a strong background in engineering and business management, having worked in various roles that emphasize innovation and operational efficiency. His leadership style focuses on fostering a culture of creativity and collaboration within the organization, driving the company towards its strategic goals.
Track Record: Under Alexander's leadership, Ultrack Systems has expanded its product line and improved its operational processes. He has been instrumental in positioning the company to capitalize on emerging trends in the fleet tracking industry, enhancing its market presence and customer engagement.
MJLB OTC Market Information
The OTC Other tier includes companies that do not meet the requirements for higher tiers like NYSE or NASDAQ. This tier often features smaller companies with less stringent reporting requirements, which can lead to lower visibility and liquidity in the market.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosures can increase investment risk.
- Lower liquidity may lead to price volatility and difficulty in executing trades.
- Potential for less regulatory oversight compared to larger exchanges.
- Verify the company's financial health through available reports.
- Assess the competitive landscape and market positioning.
- Investigate the management team's background and track record.
- Examine product offerings and technological advancements.
- Review customer feedback and market demand for products.
- Established product line with a focus on innovation.
- Presence in a growing industry with increasing demand.
- Commitment to sustainability through solar-powered solutions.
Ultrack Systems, Inc. Technology Stock: Key Questions Answered
What does Ultrack Systems, Inc. do?
Ultrack Systems, Inc. specializes in fleet tracking technology, offering a range of products including battery-powered and solar-powered asset tracking devices, GPS trackers, and surveillance cameras. The company focuses on providing innovative solutions to enhance asset management and security for businesses across various sectors.
How does Ultrack Systems, Inc. generate revenue from its technology products?
Ultrack Systems, Inc. generates revenue primarily through the sale of its GPS tracking devices and surveillance equipment. Additionally, the company may offer subscription-based services for enhanced tracking capabilities, creating a recurring revenue stream that complements its product sales.
What are the main risks for MJLB?
Ultrack Systems, Inc. faces several risks, including intense competition from established players in the fleet tracking industry, which could impact market share. Additionally, the company has a negative profit margin, indicating operational challenges that need to be addressed to achieve profitability. Market saturation is another concern, as more companies enter the space, potentially leading to pricing pressures.
What are the key factors to evaluate for MJLB?
Ultrack Systems, Inc. (MJLB) holds an AI score of 61/100 (moderate). Not financial advice.
How frequently does MJLB data refresh on this page?
MJLB prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven MJLB's recent stock price performance?
Ultrack Systems, Inc. (MJLB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: High gross margin indicating strong profitability potential. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MJLB overvalued or undervalued right now?
Valuing Ultrack Systems, Inc. (MJLB) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying MJLB?
Before investing in Ultrack Systems, Inc. (MJLB), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial data available due to OTC classification.