Quartix Holdings (QTX) AI Stock Analysis

• Market Cap: £125.92M
• Dividend Yield: 1.98%
• Average Volume (3M): 53.03K
• Price to Earnings (P/E): 23.9
• Beta (1Y): -0.05
• Revenue Growth: 8.19%
• EPS Growth: N/A
• Country: UK
• Employees: 173
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.06
• Shares Outstanding: 48,430,157
• 10 Day Avg. Volume: 39,459
• 30 Day Avg. Volume: 53,033
• PEG Ratio: -0.03
• Price to Book (P/B): 3.85
• Price to Sales (P/S): 2.33
• P/FCF Ratio: 27.52
• 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: £330.00
• Price Target Upside: 18.71% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: 321.00p ▲(15.47% Upside)

Quartix Holdings scores well due to its strong financial performance, characterized by improved profitability and operational efficiency. The technical analysis suggests mixed signals with short-term bullish momentum but potential bearish pressure. The valuation is moderate, with a reasonable P/E ratio and a modest dividend yield. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and product adoption, which supports long-term business sustainability and competitive positioning.

Profitability

The turnaround in profitability reflects effective cost management and operational efficiency, enhancing the company's financial resilience and shareholder value.

Financial Stability

Low leverage indicates strong financial stability, providing the company with flexibility to invest in growth opportunities and weather economic fluctuations.

Negative Factors

Cash Flow Pressure

Negative free cash flow growth could limit the company's ability to fund new projects and return capital to shareholders, potentially impacting long-term growth.

Asset Decline

A decline in total assets may indicate underinvestment or asset divestment, which could affect the company's ability to grow and maintain its competitive edge.

Cash Flow Generation

While positive, the lower ratio suggests that cash generation from operations is not fully aligned with net income, potentially affecting liquidity and investment capacity.

Quartix Holdings Business Overview & Revenue Model

Company Description

Quartix Holdings (QTX) is a technology-driven company specializing in vehicle telematics and fleet management solutions. The company operates primarily within the automotive and transportation sectors, offering a range of products and services designed to enhance fleet efficiency, reduce operational costs, and improve driver safety. Quartix's core offerings include GPS tracking devices, software applications for real-time vehicle monitoring, and data analytics tools that provide insights into vehicle performance and driver behavior.

How the Company Makes Money

Quartix generates revenue through a subscription-based model, where customers pay for access to its telematics services and software platforms. Key revenue streams include monthly or annual subscription fees from fleet operators who utilize Quartix's tracking solutions, as well as additional charges for premium features such as advanced analytics and reporting tools. The company also benefits from partnerships with automotive manufacturers and service providers, which can lead to bundled offerings and increased customer acquisition. Furthermore, Quartix's focus on continuous innovation and the expansion of its service portfolio contribute to its earnings by attracting new customers and retaining existing ones.

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, marking Quartix Holdings as a financially sound entity within the Hardware & Equipment industry.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	33.93M	32.40M	29.88M	27.52M	25.51M	25.84M
Gross Profit	23.62M	22.52M	16.98M	19.70M	18.75M	17.05M
EBITDA	7.41M	6.66M	-813.00K	5.82M	5.76M	6.06M
Net Income	5.26M	4.77M	-908.00K	5.04M	4.98M	4.73M
Balance Sheet
Total Assets	32.04M	30.44M	29.28M	30.10M	28.56M	30.81M
Cash, Cash Equivalents and Short-Term Investments	4.15M	3.10M	2.38M	5.06M	5.41M	10.57M
Total Debt	761.00K	559.00K	660.00K	748.00K	763.00K	957.00K
Total Liabilities	11.00M	10.84M	12.93M	9.21M	8.51M	9.38M
Stockholders Equity	21.04M	19.60M	16.35M	20.90M	20.05M	21.43M
Cash Flow
Free Cash Flow	4.20M	2.74M	3.27M	3.79M	3.27M	5.53M
Operating Cash Flow	4.22M	2.77M	3.28M	3.86M	3.33M	5.61M
Investing Cash Flow	-192.00K	-202.00K	-1.99M	-68.00K	-61.00K	-72.00K
Financing Cash Flow	-2.36M	-1.62M	-3.95M	-4.26M	-8.36M	-1.78M

Quartix Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 278.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 278 is above the 20-day moving average (MA) of 268.95, below the 50-day MA of 282.30, and above the 200-day MA of 245.30, indicating a neutral trend. The MACD of 0.23 indicates Negative momentum. The RSI at 55.13 is Neutral, neither overbought nor oversold. The STOCH value of 63.57 is Neutral, 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
QTX	72 Outperform	£125.92M	23.92	27.08%	1.98%	8.19%	―
SDI	67 Neutral	£84.70M	21.26	8.38%	―	0.50%	-6.16%
SRT	66 Neutral	£218.88M	96.67	―	―	―	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SOLI	55 Neutral	£81.00M	158.33	0.81%	1.75%	-23.42%	-94.25%
XAR	48 Neutral	£99.67M	-8.91	-16.64%	―	-7.35%	-222.10%

Quartix Holdings Corporate Events

Quartix Director Sells 14,000 Shares

Quartix Technologies plc announced that Daniel Mendis, the Commercial and Operations Director, has sold 14,000 ordinary shares at a price of 274.55 pence per share. This transaction, conducted on the London Stock Exchange’s AIM Market, leaves Mr. Mendis with a holding of 37,978 shares, representing 0.08% of the company’s issued share capital. The sale of shares by a key director may influence stakeholder perceptions and could impact the company’s market positioning.

The most recent analyst rating on (GB:QTX) stock is a Buy with a £273.00 price target. To see the full list of analyst forecasts on Quartix Holdings stock, see the GB:QTX Stock Forecast page.

Quartix Technologies Grants Share Options to Key Executives

Quartix Technologies plc announced the grant of 27,500 options over ordinary shares to Daniel Mendis, Commercial and Operations Director, as part of his remuneration package. These options are contingent on meeting performance conditions related to business growth and efficiency and will vest in 2026. Additionally, the company granted 21,052 options to other key personnel, including Sally Morton, Glen Middleton, Sean Maher, and Ian Pawley, which will vest in 2028, subject to their continued employment. These strategic moves aim to align the interests of the management team with the company’s growth objectives and enhance its competitive positioning in the vehicle tracking industry.

The most recent analyst rating on (GB:QTX) stock is a Buy with a £273.00 price target. To see the full list of analyst forecasts on Quartix Holdings stock, see the GB:QTX Stock Forecast page.

Quartix Technologies to Present at MelloMonday Investor Webinar

Quartix Technologies plc announced its participation in the MelloMonday Investor Webinar on October 13, 2025. Executive Chairman Andy Walters and Finance Director Sally Morton will present and answer questions, highlighting Quartix’s engagement with investors and stakeholders, potentially strengthening its market position and investor relations.

The most recent analyst rating on (GB:QTX) stock is a Buy with a £273.00 price target. To see the full list of analyst forecasts on Quartix Holdings stock, see the GB:QTX Stock Forecast page.

Quartix Technologies Expects to Surpass 2025 Revenue and Profit Estimates

Quartix Technologies plc reported strong financial performance for the first nine months of 2025, with expectations to exceed market estimates for revenue and profit for the full year. The company has seen significant growth in recurring subscription revenues, driven by the transition to a lower-cost tracking system and improvements in cashflow and gross margins. The company’s ARR increased by £3.5m during the period, with international sales now representing 47% of ARR. Quartix has also made strides in product innovation, with new telematics products and a revamped web application, contributing to an improved outlook for revenue and profitability in 2026.

The most recent analyst rating on (GB:QTX) stock is a Buy with a £273.00 price target. To see the full list of analyst forecasts on Quartix Holdings stock, see the GB:QTX Stock Forecast page.