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

Episode 41 of the Investor’s Champion Podcast

17/03/2025 · Podcasts

Following an eye-opening reporting season, in this podcast, hosts Chris and Lee discuss the performance of…


15% dividend yield - too good to be true?

06/03/2025 · Company Insights

AIM continues to throw up compelling bargains, several of which are covered here, including one company…


More Company Insights

Big share price move | Cyber impact | Wine wonders

Record breaking | Back catalogue success | Bonkers Bargains

Bonkers Bargains: resilience in a tough market

26/03/2025 · Michelmersh Brick

Sign-up to our free email updates

SIGN UP