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Quixant PLC (GB:NXQ)
LSE:NXQ
UK Market

Quixant (NXQ) AI Stock Analysis

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Quixant

(LSE:NXQ)

Rating:68Neutral
Price Target:
Quixant's stock is supported by strong financial performance, particularly in cash flow management and a stable balance sheet. However, technical indicators show bearish trends, and the high P/E ratio raises valuation concerns. Positive corporate events provide some optimism, yet the overall market sentiment remains cautious due to valuation concerns.

Quixant (NXQ) vs. iShares MSCI United Kingdom ETF (EWC)

Quixant Business Overview & Revenue Model

Company DescriptionNexteq plc operates as a business-to-business technology design and supply chain partner to industrial equipment manufacturers North America, Europe, Asia, Australia, rest of the United Kingdom, and internationally. It operates through two divisions, Quixant and Densitron. The Quixant segment engages in the design, development, and manufacture of gaming platforms and display solutions, such as cabinets and other computer platforms, as well as software for the casino gaming and slot machine industry. The Densitron is involved the sale of electronic display products, and control surfaces and systems to industrial markets, primarily broadcast and medical sectors. The company was formerly known as Quixant Plc and changed its name to Nexteq plc in May 2023. Nexteq plc was incorporated in 2001 and is headquartered in Crawley, the United Kingdom.
How the Company Makes MoneyQuixant generates revenue through the sale of its proprietary computer systems and display solutions to gaming machine manufacturers and operators worldwide. The company's revenue model is based on the direct sale of hardware products that are custom-designed to fit the technical requirements of gaming devices. Key revenue streams include the sale of gaming platforms, peripheral support components, and display technologies. Quixant also benefits from long-term partnerships with major gaming companies, which provide a steady stream of income through ongoing orders and collaborative projects. These partnerships, coupled with its focus on continuous innovation and product development, contribute significantly to the company's earnings.

Quixant Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
114.35M97.32M63.35M49.75M92.76M
Gross Profit
41.52M31.30M18.84M15.64M34.45M
EBIT
12.43M9.00M2.89M-1.52M
EBITDA
16.42M12.24M5.24M1.71M16.77M
Net Income Common Stockholders
10.90M10.99M2.59M-2.31M
Balance SheetCash, Cash Equivalents and Short-Term Investments
28.41M11.23M13.55M13.76M16.40M
Total Assets
102.86M79.78M69.89M59.74M83.83M
Total Debt
2.15M1.99M1.99M1.97M
Net Debt
-26.26M-9.24M-11.56M-11.79M-14.67M
Total Liabilities
20.51M19.75M22.59M13.39M20.67M
Stockholders Equity
82.35M60.03M47.31M46.35M63.17M
Cash FlowFree Cash Flow
17.52M-1.61M1.63M1.35M9.43M
Operating Cash Flow
19.75M651.09K3.20M3.10M11.72M
Investing Cash Flow
-1.77M-2.26M-1.57M-1.75M-4.16M
Financing Cash Flow
-3.22M-2.04M-1.97M55.37K-2.95M

Quixant Technical Analysis

Technical Analysis Sentiment
Positive
Last Price65.50
Price Trends
50DMA
60.56
Positive
100DMA
62.76
Positive
200DMA
70.88
Negative
Market Momentum
MACD
1.83
Negative
RSI
68.21
Neutral
STOCH
68.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NXQ, the sentiment is Positive. The current price of 65.5 is above the 20-day moving average (MA) of 62.12, above the 50-day MA of 60.56, and below the 200-day MA of 70.88, indicating a neutral trend. The MACD of 1.83 indicates Negative momentum. The RSI at 68.21 is Neutral, neither overbought nor oversold. The STOCH value of 68.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:NXQ.

Quixant Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBCNC
78
Outperform
£172.73M36.4312.72%0.50%27.38%10.24%
GBMWE
76
Outperform
£41.37M12.2815.26%5.66%-2.86%6.52%
GBNXQ
68
Neutral
£39.22M177.030.50%5.04%-26.16%-99.62%
GBCML
68
Neutral
£42.19M33.042.61%4.15%17.36%-71.37%
61
Neutral
$11.41B10.19-7.05%2.95%7.46%-10.52%
51
Neutral
£1.17M
GBKBT
50
Neutral
£41.56M78.15-8.92%-46.97%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:NXQ
Quixant
65.50
-65.54
-50.02%
GB:CLCO
CloudCoCo Group
0.17
-0.15
-46.88%
GB:CML
CML Microsystems
260.00
-109.76
-29.68%
GB:CNC
Concurrent Technologies
200.00
99.47
98.95%
GB:KBT
K3 Business Technology
93.00
-2.00
-2.11%
GB:MWE
MTI Wireless Edge
43.00
-0.89
-2.03%

Quixant Corporate Events

Business Operations and Strategy
Nexteq plc Announces Grant of Options Under Long Term Incentive Plan
Neutral
May 7, 2025

Nexteq plc has announced the grant of options under its 2022 Long Term Incentive Plan, involving 741,705 Performance Share Awards and 77,519 Restricted Share Awards to key managerial personnel. The vesting of these awards is contingent on the company’s performance metrics, specifically its earnings per share and total shareholder return over a specified period. This move is intended to align management’s interests with those of shareholders and incentivize performance, potentially impacting the company’s market positioning and stakeholder value.

Shareholder MeetingsBusiness Operations and Strategy
Nexteq PLC Secures Shareholder Support at AGM
Positive
Apr 29, 2025

Nexteq PLC announced that all resolutions were passed at its recent Annual General Meeting, indicating strong shareholder support. This outcome reflects confidence in the company’s strategic direction and operational management, potentially strengthening its position in the industrial technology solutions market.

Shareholder MeetingsBusiness Operations and Strategy
Nexteq Confident in 2025 Growth Amid Global Challenges
Positive
Apr 29, 2025

At its Annual General Meeting, Nexteq plc expressed confidence in meeting its 2025 market expectations despite global uncertainties such as tariffs. The company is focused on executing a three-year plan aimed at achieving organic growth through innovation and diversification. Nexteq maintains a strong financial position with positive cash flow and a net cash position of $30.2 million, which supports its strategic objectives. The company is well-positioned to expand its product offerings and enter new sectors and geographies, leveraging its robust operational foundation.

Shareholder MeetingsFinancial Disclosures
Nexteq Releases 2024 Annual Report and Announces 2025 AGM
Positive
Apr 3, 2025

Nexteq PLC has announced the distribution of its annual report and accounts for the year ended December 31, 2024, alongside the notice for its 2025 Annual General Meeting (AGM), scheduled for April 29, 2025. This announcement underscores Nexteq’s commitment to transparency and shareholder engagement, potentially reinforcing its market position and stakeholder trust.

Business Operations and Strategy
Nexteq’s Non-Executive Chair Increases Stake in the Company
Positive
Apr 3, 2025

Nexteq plc announced that Carol Thompson, the Non-Executive Chair, along with her closely associated persons, purchased 20,000 ordinary shares in the company at 63.84 pence per share. This purchase represents 0.03% of the company’s issued share capital. The transaction underscores confidence in the company’s strategic direction and market positioning, potentially impacting stakeholder perceptions positively.

Executive/Board ChangesBusiness Operations and Strategy
Nexteq PLC Appoints Carol Thompson as Non-Executive Chair
Neutral
Apr 2, 2025

Nexteq PLC has appointed Carol Thompson as the new Non-Executive Chair, following an extensive selection process. Thompson, who has been on the board since September 2022, will take over from Interim Chair Nick Jarmany, who will remain as Non-Executive Deputy Chair. This leadership change is part of Nexteq’s strategic efforts to strengthen its board and enhance its market position, with plans to recruit an additional Independent Non-Executive Director.

Business Operations and Strategy
Nexteq PLC Announces Change in Registered Office Address
Neutral
Mar 31, 2025

Nexteq PLC has announced a change in its registered office address to The Galleria, Station Road, Crawley, West Sussex. This change is part of the company’s ongoing strategic efforts to enhance operational efficiency and strengthen its market position. The announcement reflects Nexteq’s commitment to optimizing its business operations and maintaining robust stakeholder relationships.

Business Operations and StrategyFinancial Disclosures
Nexteq Announces 2024 Results Amidst Strategic Reorganization
Neutral
Mar 19, 2025

Nexteq plc announced its audited full-year results for 2024, revealing a challenging year marked by a 24% drop in group revenue due to destocking and economic conditions. Despite a decrease in revenue and profit, the company maintained high margins and customer satisfaction, introduced new products, and restructured its organization under a new leadership team. The company is optimistic about its three-year growth plan, aiming to leverage its strong cash reserves and innovative technology solutions to drive future growth and diversification.

Stock Buyback
Nexteq PLC Completes Share Buyback Program
Neutral
Mar 14, 2025

Nexteq PLC has completed a share buyback program, purchasing 139,508 ordinary shares at 68.5 pence each, which are to be held in treasury. This transaction brings the total repurchased shares to 6,653,906, representing 10% of the company’s total voting rights at the start of the program. The company’s issued share capital now stands at 66,539,060 ordinary shares, with 59,885,154 total voting rights available. This buyback could potentially impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

Stock Buyback
Nexteq PLC Announces Share Buyback and Updates Voting Rights
Neutral
Mar 13, 2025

Nexteq PLC has announced the purchase of 28,000 of its own ordinary shares at a price of 68.50 pence each, which will be held in treasury. This transaction affects the company’s issued share capital, now standing at 66,539,060 ordinary shares, with 6,514,398 held in treasury, resulting in total voting rights of 60,024,662. Shareholders can use this figure for calculations related to their interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.

Stock BuybackRegulatory Filings and Compliance
Nexteq PLC Updates on Share Purchase and Voting Rights
Neutral
Mar 12, 2025

Nexteq PLC announced the purchase of 30,000 ordinary shares at a price of 68.00 pence each, which will be held in treasury. This transaction affects the company’s issued share capital, now standing at 66,539,060 ordinary shares, with 6,486,398 held in treasury, resulting in total voting rights of 60,052,662. This update is significant for shareholders as it impacts the calculations for notifying changes in their interest under the FCA’s Disclosure Guidance and Transparency Rules.

Business Operations and StrategyFinancial Disclosures
Nexteq to Announce Full-Year Results and Host Investor Presentation
Neutral
Mar 12, 2025

Nexteq has announced that it will release its full-year results for 2024 on March 19, 2025, and will host an investor presentation on the same day. This event, led by CEO Duncan Faithfull and CFO Matt Staight, is open to current and potential shareholders, offering an opportunity for stakeholders to engage with the company’s leadership and gain insights into its financial performance and strategic direction.

Stock BuybackRegulatory Filings and Compliance
Nexteq PLC Announces Share Buyback and Updates Voting Rights
Neutral
Mar 11, 2025

Nexteq PLC has announced the purchase of 32,000 of its own ordinary shares at a price of 68.50 pence each, which will be held in treasury. This transaction adjusts the company’s issued share capital to 66,539,060 ordinary shares, with 6,456,398 held in treasury, resulting in total voting rights of 60,082,662. This move may impact shareholders’ calculations regarding their interests in the company, as per the FCA’s Disclosure Guidance and Transparency Rules.

Stock BuybackRegulatory Filings and Compliance
Nexteq PLC Announces Share Buyback and Voting Rights Update
Neutral
Mar 10, 2025

Nexteq PLC, a company involved in financial transactions, announced the purchase of 30,000 of its own ordinary shares at a price of 69.00 pence each, to be held in treasury. This transaction adjusts the company’s issued share capital to 66,539,060 ordinary shares, with 6,424,398 shares held in treasury, resulting in total voting rights of 60,114,662. This change in voting rights is significant for shareholders as it affects the calculations for notifying changes in their interest in the company under regulatory guidelines.

Stock BuybackRegulatory Filings and Compliance
Nexteq PLC Announces Share Repurchase and Updated Voting Rights
Neutral
Mar 6, 2025

Nexteq PLC has announced the repurchase of 30,000 of its ordinary shares at 69.00 pence each, which will be held in treasury. Following this transaction, the company’s total voting rights stand at 60,144,662, which shareholders can use to assess their interests in the company under regulatory guidelines.

Business Operations and Strategy
Nexteq Unveils Ambitious Three-Year Growth Strategy at Capital Markets Event
Positive
Feb 26, 2025

Nexteq is hosting a Capital Markets Event in London to outline its three-year strategic plan aimed at achieving significant organic growth by 2027. The plan targets revenue between $108m-$120m, a gross margin of 35-38%, and an EBITDA margin of 10-15%. The strategy involves product innovation, deep customer relationships, and cost management, with additional growth through targeted acquisitions. The event will also highlight Nexteq’s organizational refocus, the role of Densitron, and growth opportunities in key verticals like Gaming, Broadcast, and Medical.

Stock Buyback
Nexteq PLC Announces Share Buyback and Updates Voting Rights
Neutral
Feb 25, 2025

Nexteq PLC, a company involved in financial transactions, announced the purchase of 28,000 ordinary shares at 69.00 pence each to be held in treasury. This transaction affects the company’s issued share capital, which now stands at 66,539,060 ordinary shares, with 6,364,398 held in treasury, resulting in total voting rights of 60,174,662. Shareholders can use this voting rights figure for calculations related to their interests in the company under the FCA’s rules.

Stock BuybackRegulatory Filings and Compliance
Nexteq PLC Announces Share Buyback and Updates Voting Rights
Neutral
Feb 24, 2025

Nexteq PLC announced the purchase of 20,000 ordinary shares to be held in treasury, affecting their total voting rights. With the acquisition, Nexteq’s issued share capital now stands at 66,539,060 ordinary shares, with 6,336,398 held in treasury, resulting in total voting rights of 60,202,662. This transaction influences shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.