Make your money go further for just 25p per day

AIM IHT

Quartix Technologies: founder returns, to issue a profit warning!

Quartix image

Having anticipated an "accelerated financial performance for the remainder of the year"  in a recent update, the outlook for this telematics group has taken an unexpected turn for the worse. Read on here for our thoughts on a business we have covered extensively since IPO in 2014. The shares have tumbled but should offer decent recovery potential. (Free to read) 


Former CEO and founder Andy Walters returned to telematics group Quartix Technologies (AIM:QTX) last week as Chairman and his preliminary review of the business has uncovered some issues, which we cover here

The reassuring bit…

The annualised recurring revenue of the fleet subscription base continues to grow, climbing to £28.7m on 1 October, an increase, in constant currency terms, of £2.1m year on year.

The number of vehicles under…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Quartix Technologies

Staggering dividends | Upgrades | Downgrades

08/04/2025 · Company Insights

Tariff tantrums continue to dominate the headlines and it's easy to forget that there are some great…


Tough end to the quarter | Avenues for growth

31/03/2025 · Company Insights

The escalating trade war sees markets tumble at the close of the quarter. As is generally…


More Company Insights

Bonkers Bargain: encouraging trading update

16/04/2025 · IXICO

Bonkers Bargain: we mistimed our little gem

11/04/2025 · Gemfields

Sign-up to our free email updates

SIGN UP