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Quartix Holdings ( (GB:QTX) ) just unveiled an announcement.
Quartix Technologies PLC reported a strong financial performance for the first half of 2025, with a 10% increase in revenue to £17.6 million and a 31% rise in operating profit to £3.5 million. The company’s strategic focus on growing its subscription base and annualized recurring revenue (ARR) has resulted in a 13% increase in ARR to £35 million. The introduction of new tracking units has contributed to cost reductions, and the company has completed a reorganization to accelerate the development of its telematics platform. Quartix’s market performance showed growth across several regions, with notable increases in subscription and customer bases, particularly in Italy, Spain, and Germany. The Board is optimistic about exceeding market expectations for the year, with improved profitability and cash flow anticipated.
Spark’s Take on GB:QTX Stock
According to Spark, TipRanks’ AI Analyst, GB:QTX is a Outperform.
Quartix Holdings earns a solid overall score of 75.8, driven primarily by its strong financial performance and positive corporate events. The company’s robust growth in recurring revenue and strategic reorganization enhance its future prospects. While technical analysis presents short-term uncertainties, the company’s financial stability and strategic initiatives provide a strong foundation. The valuation remains balanced, and the dividend yield adds to its attractiveness.
To see Spark’s full report on GB:QTX stock, click here.
More about Quartix Holdings
Quartix Technologies PLC, founded in 2001 and based in the UK, is a leading supplier of subscription-based vehicle tracking systems, software, and services. The company provides integrated tracking and telematics data analysis solutions for fleets of commercial vehicles, aimed at improving productivity, safety, and cost efficiency. Quartix is listed on the AIM market of the London Stock Exchange.
Average Trading Volume: 49,905
Technical Sentiment Signal: Buy
Current Market Cap: £117.7M
See more insights into QTX stock on TipRanks’ Stock Analysis page.