Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Quixant ( (GB:NXQ) ) is now available.
Nexteq reported 2025 results broadly in line with expectations, with group revenue up 4% to $90.2m, driven by a 10% rise at Quixant as gaming hardware platform volumes grew and customer concentration reduced, while Densitron revenue fell 6% amid softer industrial demand but achieved record gross margins. Overall gross margin declined 310 basis points to 32.8% due to mix and higher memory costs, pushing adjusted profit before tax down 25% to $3.6m, though reported profit before tax nearly doubled to $3.2m on lower adjusting items, operating cash conversion stayed above 100%, net cash ended at $25m after shareholder returns and capex, and the board proposed a higher dividend of 3.9p per share, signalling confidence in long-term prospects.
Operationally, Nexteq advanced its product roadmap with award-winning Prodeck cabinets, the Launchpad gaming software platform, IQON3 DDR5 gaming computers and progressing Tactila towards mass production, while securing new cabinet deployments and increasing the number of $1m customers to 14, improving revenue diversification. Management highlighted ongoing headwinds from memory shortages, tariffs and geopolitical uncertainty, but is mitigating supply risk through strategic component buys and alternative sourcing, sees substantial growth potential in full-system industrial display solutions, and reinforced its expansion platform by acquiring a larger Taipei office funded partly by new debt and the planned sale of its existing property, underlining readiness for both organic and acquisitive growth.
The most recent analyst rating on (GB:NXQ) stock is a Hold with a £77.00 price target. To see the full list of analyst forecasts on Quixant stock, see the GB:NXQ Stock Forecast page.
Spark’s Take on NXQ Stock
According to Spark, TipRanks’ AI Analyst, NXQ is a Neutral.
Quixant’s overall stock score is primarily influenced by its strong financial performance, particularly in cash flow and equity stability. However, technical analysis indicates bearish trends, and the negative P/E ratio raises concerns about profitability. The high dividend yield offers some compensation, but overall, the stock faces challenges in market momentum and valuation.
To see Spark’s full report on NXQ stock, click here.
More about Quixant
Nexteq plc, listed on AIM as NXQ, is a strategic technology solutions provider serving selected industrial markets, notably gaming and industrial display sectors. Through its Quixant and Densitron brands, it designs, develops and supplies outsourced, non-core technology components and fully integrated systems, enabling electronic equipment manufacturers to focus on their own key differentiating features.
Average Trading Volume: 158,241
Technical Sentiment Signal: Sell
Current Market Cap: £42.79M
See more data about NXQ stock on TipRanks’ Stock Analysis page.