Quartix Holdings (QTX) AI Stock Analysis

• Market Cap: £122.04M
• Dividend Yield: 2.38%
• Average Volume (3M): 58.18K
• Price to Earnings (P/E): 25.6
• Beta (1Y): 0.56
• Revenue Growth: 8.43%
• EPS Growth: N/A
• Country: UK
• Employees: 173
• Sector: Technology
• Sector Strength: 86
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.05
• Shares Outstanding: 48,430,157
• 10 Day Avg. Volume: 14,805
• 30 Day Avg. Volume: 58,180
• PEG Ratio: 0.00
• Price to Book (P/B): 6.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 37.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: 282.00p ▲(15.57%Upside)

Quartix Holdings is in a strong financial position with robust equity and profitability improvements, which is the most significant factor in the overall score. The company's recent corporate events reinforce a positive future outlook with strong ARR growth. While technical indicators suggest a bullish trend, valuation metrics point towards potential overvaluation. Overall, Quartix Holdings presents a balanced investment opportunity with a positive tilt.

Quartix Holdings Business Overview & Revenue Model

Company Description

Quartix Holdings (QTX) is a leading provider of vehicle tracking solutions, primarily serving businesses and organizations in the fleet management sector. The company offers GPS tracking systems that help businesses monitor and manage their vehicles, improve operational efficiencies, and enhance driver safety. Quartix's core products include real-time tracking, driver behavior analysis, and detailed reporting tools, catering to a broad range of industries such as transportation, logistics, and service delivery.

How the Company Makes Money

Quartix Holdings generates revenue primarily through subscription fees for its vehicle tracking services. The company offers various pricing plans tailored to the needs of different business sizes and requirements, providing flexibility and scalability for its clients. Revenue streams include monthly or annual subscriptions, which cover the use of Quartix's GPS tracking devices, access to its software platform, and customer support services. Additionally, Quartix may earn income from the sale or lease of tracking hardware. Partnerships with automotive and telematics companies may also contribute to revenue, along with any value-added services offered to enhance fleet management capabilities.

Quartix Holdings Financial Statement Overview

Summary

Quartix Holdings demonstrates strong financial health with improvements in profitability and operational efficiency. The low leverage and robust equity position contribute to its stability, though there is a slight decline in cash flow generation.

Income Statement

Quartix Holdings has shown strong revenue growth over the years, with a 8.45% increase from 2023 to 2024. The gross profit margin improved to 69.50% in 2024, indicating efficient cost management. Net profit margin turned positive at 14.71% in 2024 from a negative position in 2023, showing a significant turnaround in profitability. Both EBIT and EBITDA margins have improved markedly, reflecting strong operational efficiency.

Balance Sheet

Quartix Holdings maintains a solid equity position with a debt-to-equity ratio of 0.03, showing low leverage and financial stability. Return on Equity (ROE) improved to 24.31% in 2024, showing effective utilization of equity. The equity ratio of 64.42% indicates a strong capital structure. However, the slight decrease in total assets over the years is a point of concern.

Cash Flow

Operating cash flow remains positive, although it decreased in 2024. Free cash flow generation is strong, with a minimal decline from 2023 to 2024. The operating cash flow to net income ratio is 0.58 in 2024, suggesting strong cash generation from operations relative to net income. However, the free cash flow growth rate turned negative, indicating some pressure on cash flow generation.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	32.40M	29.88M	27.52M	25.51M	25.84M
Gross Profit	22.52M	16.98M	19.70M	18.75M	17.05M
EBITDA	6.66M	-813.00K	5.82M	5.72M	6.06M
Net Income	4.77M	-908.00K	5.04M	4.98M	4.73M
Balance Sheet
Total Assets	30.44M	29.28M	30.10M	28.56M	30.81M
Cash, Cash Equivalents and Short-Term Investments	3.10M	2.38M	5.06M	5.41M	10.57M
Total Debt	559.00K	660.00K	748.00K	763.00K	957.00K
Total Liabilities	10.84M	12.93M	9.21M	8.51M	9.38M
Stockholders Equity	19.60M	16.35M	20.90M	20.05M	21.43M
Cash Flow
Free Cash Flow	2.74M	3.27M	3.79M	3.27M	5.53M
Operating Cash Flow	2.77M	3.28M	3.86M	3.33M	5.61M
Investing Cash Flow	-202.00K	-1.99M	-68.00K	-61.00K	-72.00K
Financing Cash Flow	-1.62M	-3.95M	-4.26M	-8.36M	-1.78M

Quartix Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 244.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:QTX, the sentiment is Positive. The current price of 244 is below the 20-day moving average (MA) of 245.75, above the 50-day MA of 239.25, and above the 200-day MA of 186.26, indicating a bullish trend. The MACD of -0.82 indicates Positive momentum. The RSI at 58.76 is Neutral, neither overbought nor oversold. The STOCH value of 83.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:QTX.

Quartix Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SOLI	78 Outperform	£116.16M	21.79	8.61%	0.81%	-11.80%	-32.11%
QTX	74 Outperform	£122.04M	25.58	26.51%	2.38%	8.43%	―
SDI	72 Outperform	£93.05M	26.20	7.69%	―	-5.19%	115.58%
SRT	66 Neutral	£185.15M	―		―	―	―
Sector *	62 Neutral	£571.22M	24.42	-6.00%	2.36%	3.52%	-29.29%
XAR	54 Neutral	£99.00M	―	-15.96%	―	-13.04%	-387.05%
TRAK	46 Neutral	£4.55M	―	-6.32%	―	-19.57%	-206.79%

Quartix Holdings Corporate Events

Quartix Technologies Reports Strong Start to 2025 with Significant ARR Growth

Quartix Technologies plc reported a strong start to 2025, with significant growth in new subscriptions and customer acquisition, leading to a 21% increase in Annualised Recurring Revenue (ARR) compared to the same period in 2024. The company’s financial performance is improving, with free cash flow expected to be £1.3m, increasing net cash to £4.4m. Quartix is confident in meeting market expectations for the year, despite potential trade challenges, and continues to expand its customer base across multiple regions, with notable growth in Italy and Germany.