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Quixant
(LSE:NXQ)
Quixant (NXQ) vs. iShares MSCI United Kingdom ETF (EWC)
Quixant Business Overview & Revenue Model
Quixant Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 92.12M | 86.68M | 114.35M | 119.87M | 87.13M |
| Gross Profit | 30.23M | 31.11M | 41.52M | 31.30M | 18.84M |
| EBITDA | 5.31M | 4.54M | 16.42M | 12.24M | 8.31M |
| Net Income | 1.97M | 311.00K | 10.90M | 10.99M | 3.56M |
Balance Sheet | |||||
| Total Assets | 89.00M | 85.49M | 102.86M | 79.78M | 69.89M |
| Cash, Cash Equivalents and Short-Term Investments | 25.32M | 29.47M | 28.41M | 11.23M | 13.55M |
| Total Debt | 2.48M | 2.74M | 2.15M | 1.99M | 2.69M |
| Total Liabilities | 18.48M | 14.87M | 20.51M | 19.75M | 22.59M |
| Stockholders Equity | 70.53M | 70.62M | 82.35M | 60.03M | 47.31M |
Cash Flow | |||||
| Free Cash Flow | 2.71M | 10.11M | 17.52M | -1.61M | 1.63M |
| Operating Cash Flow | 4.55M | 12.97M | 19.75M | 651.09K | 3.20M |
| Investing Cash Flow | -4.17M | -1.51M | -1.77M | -2.78M | -2.17M |
| Financing Cash Flow | -4.51M | -10.64M | -3.22M | -2.51M | -2.71M |
Quixant Technical Analysis
Quixant Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | £166.15M | 18.51 | 12.09% | 0.95% | 22.72% | -8.82% | |
68 Neutral | £5.35M | -18.52 | 1.05% | 5.42% | 0.09% | -94.11% | |
68 Neutral | £36.04M | 8.53 | 12.14% | 11.65% | -3.45% | -44.02% | |
63 Neutral | £41.10M | 28.13 | -3.23% | 5.32% | -27.57% | -130.10% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
52 Neutral | £50.98M | -3.03 | -43.73% | ― | -38.64% | -792.57% | |
46 Neutral | £41.49M | -45.67 | -3.46% | 5.32% | -18.60% | -128.39% |
Quixant Corporate Events
Nexteq plc has confirmed the timetable for its proposed final dividend of 3.9 pence per share for the financial year ended 31 December 2025, following the release of its full‑year results on 18 March 2026. The dividend will be paid on 29 May 2026 to shareholders on the register as of 1 May 2026, with the shares trading ex‑dividend from 30 April 2026, providing clarity on income timing for existing investors and those considering buying ahead of the record date.
The announcement underlines Nexteq’s intent to return cash to shareholders for the 2025 financial year, signalling ongoing confidence in the group’s financial performance and cash‑generation capacity. By setting specific record and payment dates, the company offers transparency and predictability around shareholder returns, which can support its attractiveness in the equity market and help investors plan their portfolio income and trading strategies.
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.
Nexteq plc has bought back 1,288,355 of its own ordinary shares at 74 pence each, which will be held in treasury rather than cancelled. This move reduces the number of shares carrying voting rights and potentially signals capital management efforts aimed at optimising its balance sheet and shareholder structure.
Following the transaction, Nexteq’s issued share capital remains 66,539,060 ordinary shares, of which 11,903,187 are now held in treasury, leaving 54,635,873 shares with voting rights. The updated voting rights figure provides the new reference point for investors assessing disclosure thresholds under U.K. transparency rules and may influence how significant shareholdings are reported and monitored.
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.
Nexteq plc has repurchased 749,201 of its own ordinary shares at 74 pence per share, placing them into treasury and reducing the number of shares in public hands. Following this transaction, the company’s issued share capital remains 66,539,060 shares, of which 10,614,832 are held in treasury, leaving 55,924,228 shares carrying voting rights.
The updated total voting rights figure of 55,924,228 becomes the new reference point for shareholders assessing whether they must disclose holdings or changes in their interests under UK transparency regulations. This adjustment slightly concentrates voting power among remaining shareholders and may be seen as a capital management move that can influence liquidity and ownership reporting thresholds in the market.
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.
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.
Nexteq plc disclosed that it repurchased 73,825 ordinary shares at 74.50 pence each on 11 March 2026, with the shares to be held in treasury. Following this transaction, the company’s issued share capital remains at 66,539,060 ordinary shares, of which 9,865,631 are held in treasury.
As a result of the buyback, Nexteq’s total voting rights stand at 56,673,429 shares, which becomes the new reference figure for investors assessing whether they must notify changes in their holdings under FCA transparency rules. The move marginally concentrates voting power among remaining free-float shareholders and signals continued active capital management by the board.
The most recent analyst rating on (GB:NXQ) stock is a Hold with a £70.00 price target. To see the full list of analyst forecasts on Quixant stock, see the GB:NXQ Stock Forecast page.
Nexteq plc has repurchased 22,108 ordinary shares at 74.78 pence each, placing them into treasury and thereby reducing the number of shares in public hands. This move adjusts the company’s capital structure while leaving its total issued share capital at 66,539,060 ordinary shares, of which 9,791,806 are now held in treasury.
Following the buyback, Nexteq’s total voting rights stand at 56,747,254 shares, a key reference figure for investors assessing disclosure thresholds under FCA rules. The change may influence ownership percentages, affect liquidity in the market for the shares, and provides stakeholders with updated data for monitoring their reporting obligations and corporate governance positions.
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.
Nexteq plc has scheduled the release of its full-year results for the 12 months to 31 December 2025 on 18 March 2026, alongside an online investor presentation hosted via the Investor Meet Company platform. The session, led by CEO Duncan Faithfull and CFO Matt Staight, will be open to existing and potential shareholders, who can submit questions in advance or during the live event.
By pairing the results announcement with an accessible virtual presentation, Nexteq is signalling an emphasis on investor engagement and transparency at a time when its outsourced technology solutions and global supply capabilities are central to industrial customers’ product strategies. The move may help reinforce the Group’s market positioning and support shareholder understanding of its operational performance and strategic direction.
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.
Nexteq has repurchased 163,061 ordinary shares at 75.15 pence each, adding them to treasury and reducing the number of shares in the market that carry voting rights. Following this transaction, issued share capital stands at 66,539,060 ordinary shares, of which 9,769,698 are held in treasury, leaving 56,769,362 voting shares as the new reference point for shareholders’ FCA disclosure calculations.
The buyback marginally concentrates ownership among remaining shareholders and may signal management’s confidence in the company’s valuation or a focus on capital return efficiency. The updated voting rights figure is important for institutional and other significant investors, who must track thresholds for reporting changes in their holdings under U.K. transparency regulations.
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.
Nexteq plc has repurchased 785,107 of its own ordinary shares at 77 pence per share, which will be held in treasury rather than cancelled. Following this transaction, the group now has 66,539,060 ordinary shares in issue, of which 9,606,637 are held in treasury.
As a result of the buyback, Nexteq’s total voting rights stand at 56,932,423 shares, a figure shareholders must use when assessing disclosure thresholds under U.K. transparency rules. The move reflects the company’s ongoing capital management and may influence ownership reporting and investor perceptions of its share capital structure.
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.
Nexteq plc has executed a share buyback, purchasing 61,641 ordinary shares at 76.99 pence each to be held in treasury, adjusting its capital structure while keeping the shares off the open market. Following this transaction, the company’s issued share capital remains 66,539,060 shares, of which 8,821,530 are in treasury, leaving 57,717,530 shares in issue with voting rights, a figure shareholders will use to assess disclosure thresholds under FCA transparency rules.
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.
Nexteq plc has continued its capital management activities by repurchasing 64,516 ordinary shares at 77.50 pence each, which will be held in treasury rather than cancelled. This move reduces the number of shares in public hands and may influence metrics such as earnings per share and share liquidity, with potential implications for existing shareholders’ relative stakes.
Following this transaction, Nexteq’s issued share capital stands at 66,539,060 ordinary shares, of which 8,759,889 are held in treasury, leaving 57,779,171 shares carrying voting rights. The updated total voting rights figure provides a new reference point for investors when assessing disclosure thresholds under UK transparency rules and may affect how significant shareholdings are reported and monitored in the market.
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.
Nexteq plc has repurchased 30,000 of its own ordinary shares at 76.30 pence each, with the shares to be held in treasury rather than cancelled. Following this transaction, the company’s issued share capital remains at 66,539,060 ordinary shares, of which 8,695,373 are held in treasury, resulting in 57,843,687 shares carrying voting rights.
The updated voting rights figure provides a new denominator for investors assessing whether they must disclose changes in their holdings under UK transparency rules. The buyback marginally reduces the free float and can be interpreted as a signal of management’s confidence in the company’s valuation, while also potentially enhancing earnings per share for remaining shareholders over time.
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.
Nexteq plc has repurchased 25,000 of its own ordinary shares at 76.30 pence each, which will be held in treasury rather than cancelled. Following this transaction, the group’s issued share capital remains at 66,539,060 shares, of which 8,665,373 are now held in treasury.
The buyback reduces Nexteq’s total voting rights to 57,873,687, a figure that shareholders must now use when assessing disclosure thresholds under FCA transparency rules. The move reflects ongoing capital management and may marginally increase existing investors’ proportional voting power by shrinking the free float of voting shares.
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.
Nexteq plc has executed a share buyback, purchasing 70,000 ordinary shares at 77.15 pence each to be held in treasury, as part of its ongoing management of capital structure. Following this transaction, the company’s issued share capital remains 66,539,060 ordinary shares, of which 8,640,373 are held in treasury, leaving 57,898,687 shares carrying voting rights.
The updated total voting rights figure of 57,898,687 will serve as the new denominator for shareholders assessing whether they must disclose holdings or changes under FCA transparency rules. This adjustment may affect institutional and other significant investors’ reporting obligations and clarifies the free float and governance base against which future stake-building and corporate actions will be measured.
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.
Nexteq’s gaming brand Quixant has secured the first customer win and initial software licence purchase order for its new Launchpad gaming software platform, bundled with Quixant hardware for an established Asian game developer. The customer plans to use Launchpad to deploy land-based gaming content into a new market from the second half of 2026, creating a recurring software revenue stream alongside existing hardware sales.
The order represents Quixant’s first commercial software-led sale since Launchpad’s debut at ICE Barcelona 2026 and showcases the benefits of combining software and hardware into a single, integrated solution. Management believes the relationship could scale to around $1m in annual revenue, and reports strong post-launch engagement as Nexteq pursues further Launchpad adoption to strengthen its position in the casino gaming technology segment.
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.
Nexteq plc has repurchased 11,197 of its own ordinary shares at a price of 74.30 pence per share, with the shares to be held in treasury rather than cancelled. Following this buyback, the company’s issued share capital remains 66,539,060 ordinary shares, of which 8,570,373 are held in treasury, leaving 57,968,687 shares in issue with voting rights.
The updated total voting rights figure will serve as the reference denominator for investors assessing whether they must disclose holdings or changes under the FCA’s Disclosure Guidance and Transparency Rules. The move reflects Nexteq’s ongoing management of its share capital and may have implications for liquidity, earnings per share calculations, and regulatory reporting by significant shareholders.
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.
Nexteq plc has repurchased 88,196 ordinary shares at 74.30 pence per share, which will be held in treasury, as part of its ongoing share capital management. Following this transaction, the company’s issued share capital remains at 66,539,060 ordinary shares, of which 8,559,176 are held in treasury, leaving 57,979,884 shares in issue with voting rights.
The updated total of 57,979,884 voting shares becomes the new reference figure for investors assessing disclosure thresholds under the FCA’s transparency rules. This adjustment may influence existing and prospective shareholders’ calculations of their notifiable interests and reflects Nexteq’s active approach to managing its equity structure in the market.
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.
Nexteq plc has repurchased 71,845 of its own ordinary shares at 74.30 pence per share, which will be held in treasury, as part of its ongoing capital management activities. Following this transaction, the group’s issued share capital remains at 66,539,060 ordinary shares, of which 8,470,980 are now held in treasury, leaving 58,068,080 shares in issue with voting rights— a key figure for investors monitoring their holdings under UK disclosure and transparency requirements.
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.
Nexteq plc has repurchased 20,000 of its own ordinary shares at 74.25 pence per share, with the shares to be held in treasury, as part of its ongoing capital management activities. Following this transaction, the company’s issued share capital remains at 66,539,060 ordinary shares, of which 8,399,135 are held in treasury, resulting in 58,139,925 voting rights now in circulation, a figure shareholders must use when assessing disclosure obligations under UK transparency rules.
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.
Nexteq has launched Launchpad, a turnkey gaming software platform under its Quixant brand designed to simplify and accelerate the development and deployment of land-based casino games such as slot machines in regulated markets worldwide. Built on Quixant’s long-established software suite and optimised for its hardware, Launchpad offers a pre-tested, GLI-validated foundation that integrates security, compliance and game management, enabling both traditional machine manufacturers and online game providers entering the land-based sector to reduce time-to-market, lower ownership costs and mitigate regulatory risk. The strong reception at ICE Barcelona 2026, including interest from existing customers and new prospects, underscores Launchpad’s role in deepening customer relationships, expanding Nexteq’s software and services offering, and supporting the group’s strategy to diversify revenues, broaden its product ecosystem and reinforce its position in the global gaming technology market.
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.
Nexteq plc has repurchased 35,000 of its own ordinary shares at 74.50 pence per share, which will be held in treasury, as part of its ongoing capital management. Following this transaction, the company’s issued share capital comprises 66,539,060 ordinary shares, of which 8,379,135 are held in treasury, resulting in 58,159,925 voting shares in issue, a key reference figure for investors monitoring their disclosure obligations under UK transparency regulations.
The most recent analyst rating on (GB:NXQ) stock is a Hold with a £70.00 price target. To see the full list of analyst forecasts on Quixant stock, see the GB:NXQ Stock Forecast page.
Nexteq plc has executed a share buyback, purchasing 136,332 ordinary shares at 73.35 pence each on 28 January 2026 to be held in treasury. Following this transaction, the company’s issued share capital remains 66,539,060 ordinary shares, of which 8,344,135 are held in treasury, leaving 58,194,925 shares in issue carrying voting rights; this updated figure serves as the new reference point for shareholders assessing disclosure obligations under UK transparency rules and reflects Nexteq’s ongoing use of capital management through treasury share holdings.
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.
Nexteq plc has repurchased 25,000 of its own ordinary shares at 73.35 pence per share, with the shares to be held in treasury, as part of its ongoing capital management strategy. Following this buyback, the company’s issued share capital remains at 66,539,060 ordinary shares, of which 8,207,803 are now held in treasury, leaving 58,331,257 shares in issue with voting rights, a key reference figure for shareholders monitoring disclosure thresholds under UK regulatory rules.
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.
Nexteq plc has bought back 109,259 of its own ordinary shares at 73.22 pence per share, which will be held in treasury, reducing the number of shares in public hands. Following this transaction, the company’s issued share capital remains 66,539,060 ordinary shares, of which 8,182,803 are now held in treasury, leaving 58,356,257 shares carrying voting rights that shareholders must use as the reference figure when assessing disclosure obligations under UK transparency rules.
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.
Nexteq plc has disclosed that Non-Executive Director Debbie Wilkinson has acquired 12,228 ordinary shares in the company at 73.60 pence per share, giving her a holding equivalent to 0.02% of the issued share capital. The director dealing, notified in accordance with market abuse regulations, modestly increases board equity participation and may be interpreted by investors as a sign of confidence in the technology solutions group’s long-term prospects, though the transaction is relatively small in the context of the company’s overall capital base.
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.
Nexteq plc has repurchased 65,100 of its ordinary shares at 72.70 pence per share on 19 January 2026, with the shares to be held in treasury as part of its capital management activities. Following this transaction, Nexteq’s issued share capital comprises 66,539,060 ordinary shares, of which 8,073,544 are held in treasury, resulting in 58,465,516 shares carrying voting rights, a figure shareholders can use to assess disclosure obligations under UK transparency rules.
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.
Nexteq reported that trading for the year ended 31 December 2025 is expected to be in line with market expectations, with revenue rising to $90.2m from $86.7m and adjusted profit before tax anticipated at or above the $3.6m consensus, despite a shift in customer mix and higher critical component costs, particularly memory in Quixant computers. The Quixant brand delivered 10% revenue growth to $60.1m and secured a new largest customer even as its previous top client reduced activity, while Densitron revenues eased to $30.1m amid end-of-life component issues and long lead times on new wins. Nexteq ended the year with net cash of $25.1m after investing more in product development and returning $3.6m to shareholders via dividends and a buy-back, and it maintained guidance for 2026, banking on onboarding significant new customers, launching its LaunchPad gaming software and DDR5-based products, and mitigating ongoing DDR4 memory supply and cost risks through supply chain management, engineered multi-vendor solutions and controlled operating costs to support further growth and revenue diversification.
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.
Nexteq plc has repurchased 1,377,875 of its own ordinary shares at 67.50 pence per share, which will be held in treasury, as part of its ongoing capital management. Following this buyback, the company’s issued share capital remains at 66,539,060 ordinary shares, but treasury holdings have risen to 8,008,444 shares, reducing the number of shares carrying voting rights to 58,530,616, a figure shareholders must now use when assessing their disclosure obligations under UK transparency rules.
The most recent analyst rating on (GB:NXQ) stock is a Hold with a £73.00 price target. To see the full list of analyst forecasts on Quixant stock, see the GB:NXQ Stock Forecast page.