Quartix Holdings (AIM:QTX) – positive trading update from a cracking little business
The leading supplier of subscription-based vehicle tracking systems, software and services in the UK, has issued a positive trading update. This is a terrific little business which we covered in detail in March 2015 (“A real gem on AIM and ready to conquer the USA”) with material growth prospects, particularly in the USA.
The announcement confirmed that trading is in line with expectations and consistent with achieving market expectations for the year as a whole; full year expectations for the year ending 31st December 2015 are for pre-tax profit of £5.5m and eps of 9.40p.
The Group ended the period with over 7,100 fleet clients and 66,700 vehicles under subscription, this compares with 6,300 customers and 59,765 vehicle subscriptions at…
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