A nice upgrade and more to come!
A diversified financial services business covered here continues to perform well from its decidedly ‘old-fashioned’ activities. There is nothing like a bit of focus!
Quartix Technologies: positive trading update Vehicle telematics group Quartix Technologies (LON :QTX) has announced that the rate of year-on-year growth in both annualised recurring revenue and unit installs continued to be strong in the third quarter, with this trend also expected to continue in the last quarter of the year. The annualised recurring revenue of the fleet subscription base was £26.9m on 1 October, representing a gain, in constant currency terms, of £2.6m year on year. The subscription base has grown by 17% year on year, to just over 229,000 vehicles with new units installed in the first 9 months…