Quartix Lifts Expectations as Recurring Revenue and Cash Flow Surge in 2025

Quartix Holdings ( (GB:QTX) ) has provided an announcement.

Quartix Technologies reported that revenue and adjusted EBITDA for 2025 are expected to come in ahead of market expectations, underpinned by a 14% increase in annualised recurring revenue to £37m, 9% growth in customers and 11% growth in subscriptions, alongside strong free cash flow of £5.1m despite heavy investment in 4G upgrades, restructuring and higher tax prepayments; the group ended the year with £5.6m in cash and plans to consolidate its dividend structure, targeting a total ordinary payout of 10p per share. Operationally, the company is seeing broad-based growth across its core geographies—most notably in Italy and Spain—while investing in new telematics hardware, a unified web and mobile user interface and the roll-out of connected dashcams, and it is managing major 4G network upgrade programmes and an accounting treatment review with the UK Financial Reporting Council, which may alter the classification of tracking system costs but is not expected to affect revenue or free cash flow, underscoring a generally positive outlook for continued expansion in 2026.

The most recent analyst rating on (GB:QTX) stock is a Buy with a £300.00 price target. To see the full list of analyst forecasts on Quartix Holdings stock, see the GB:QTX Stock Forecast page.

Spark’s Take on GB:QTX Stock

According to Spark, TipRanks’ AI Analyst, GB:QTX is a Outperform.

Quartix Holdings scores well due to its strong financial performance and positive corporate events, indicating a robust outlook. However, technical indicators suggest a cautious approach in the short term. The valuation is moderate, providing a balanced investment opportunity.

To see Spark’s full report on GB:QTX stock, click here.

More about Quartix Holdings

Quartix Technologies is a UK-based provider of subscription-based vehicle tracking systems, telematics hardware and fleet management software, serving commercial fleets across six core markets: the UK and Ireland, France, the US, Italy, Spain and Germany. Its platform delivers GPS tracking, analytics and integrated connected dashcam solutions aimed at improving fleet efficiency, driver safety, insurance outcomes and fraud reduction, with a business model largely underpinned by recurring software subscription revenues.

Average Trading Volume: 57,230

Technical Sentiment Signal: Strong Buy

Current Market Cap: £138M

Learn more about QTX stock on TipRanks’ Stock Analysis page.