Quartix Holdings (QTX) AI Stock Analysis

• Market Cap: £116.23M
• Dividend Yield: 185.19%
• Average Volume (3M): 49.40K
• Price to Earnings (P/E): 24.4
• Beta (1Y): 0.44
• Revenue Growth: 8.43%
• EPS Growth: N/A
• Country: UK
• Employees: 173
• Sector: Technology
• Sector Strength: 93
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.05
• Shares Outstanding: 48,430,157
• 10 Day Avg. Volume: 28,837
• 30 Day Avg. Volume: 49,402
• PEG Ratio: 0.03
• Price to Book (P/B): 5.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 40.34
• 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: £244.00
• Price Target Upside: 1.67% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: 271.00p ▲(12.92%Upside)

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.

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 significant improvements in profitability and operational efficiency. The company has a low leverage profile and robust equity position, contributing to its financial stability. Despite a slight decline in cash flow generation, the overall financial trajectory remains positive.

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: 240.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 240 is below the 20-day moving average (MA) of 240.65, below the 50-day MA of 247.22, and above the 200-day MA of 192.73, indicating a neutral trend. The MACD of -3.12 indicates Positive momentum. The RSI at 49.90 is Neutral, neither overbought nor oversold. The STOCH value of 14.81 is Positive, 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	£100.01M	196.11	0.81%	210.14%	-11.80%	-32.11%
QTX	76 Outperform	£116.23M	24.37	26.51%	185.19%	8.43%	―
SDI	72 Outperform	£98.28M	28.31	7.69%	―	-5.19%	115.58%
SRT	66 Neutral	£198.92M	―		―	―	―
Sector *	62 Neutral	£510.88M	22.63	-8.61%	186.64%	4.26%	-25.59%
XAR	54 Neutral	£98.92M	―	-15.96%	―	-13.04%	-387.05%

Quartix Holdings Corporate Events

Quartix Technologies Reports Strong First Half 2025 Results and Strategic Reorganisation

Quartix Technologies plc announced its estimated financial results for the first half of 2025, showing a notable increase in revenue, EBITDA, and free cash flow compared to the previous year. The company reported a 31% increase in Annualised Recurring Revenue (ARR) and improved net revenue retention, reflecting strong growth in its subscription base and customer acquisition. A reorganisation aimed at consolidating software teams and reducing overhead costs is expected to enhance operational efficiency and support future growth. Quartix is confident in meeting market expectations for the year and plans to declare an increased interim dividend.