We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Quartix Technologies Plc | LSE:QTX | London | Ordinary Share | GB00BLZH2C83 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 160.00 | 23,300 | 08:00:01 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 155.00 | 165.00 | 160.00 | 160.00 | 160.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Cmp Processing,data Prep Svc | 29.88M | -908k | -0.0188 | -85.11 | 77.43M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:29:29 | O | 3,035 | 157.822 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 08/7/2024 | 10:09 | ALNC |  Quartix Technologies expects 8.3% rise in first-half pretax profit |
| 08/7/2024 | 07:00 | UK RNS | Quartix Technologies PLC Trading Statement |
| 15/5/2024 | 18:24 | UK RNS | Quartix Technologies PLC Granting of Options |
| 27/3/2024 | 16:13 | ALNC | EARNINGS AND TRADING: Solid State ups outlook; Quartix trading in line |
| 27/3/2024 | 16:00 | UK RNS | Quartix Technologies PLC Result of AGM |
| 27/3/2024 | 08:19 | ALNC | *Quartix Technologies says CFO Emily Rees resigns to pursue other.. |
| 27/3/2024 | 07:00 | UK RNS | Quartix Technologies PLC AGM Trading Statement and Directorate Change |
| 04/3/2024 | 16:30 | ALNC | EARNINGS AND TRADING: Impairment charge pushes Quartix into the red |
| 04/3/2024 | 07:00 | UK RNS | Quartix Technologies PLC Final Results |
| 19/2/2024 | 07:00 | UK RNS | Quartix Technologies PLC Directorate Changes |
Quartix Technologies (QTX) Share Charts1 Year Quartix Technologies Chart |
|
1 Month Quartix Technologies Chart |
Intraday Quartix Technologies Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 08/7/2024 | 08:55 | QTX - Every 80 seconds a new Quartix system is installed | 36 |
| 30/7/2019 | 15:27 | Quartix Holdings Plc - Vehicle Tracking System UK - Fleet Management UK | 269 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 15:29:30 | 157.82 | 3,035 | 4,789.90 | O |
| 2024-07-26 15:18:17 | 164.50 | 3,035 | 4,992.58 | O |
| 2024-07-26 15:05:07 | 163.85 | 3,000 | 4,915.50 | O |
| 2024-07-26 14:25:11 | 163.85 | 151 | 247.41 | O |
| 2024-07-26 14:20:54 | 162.24 | 4,558 | 7,394.90 | O |
| Top Posts |
|---|
Posted at 26/7/2024 09:20 by Quartix Technologies Daily Update Quartix Technologies Plc is listed in the Cmp Processing,data Prep Svc sector of the London Stock Exchange with ticker QTX. The last closing price for Quartix Technologies was 160p.Quartix Technologies currently has 48,392,178 shares in issue. The market capitalisation of Quartix Technologies is £77,427,485. Quartix Technologies has a price to earnings ratio (PE ratio) of -85.11. This morning QTX shares opened at 160p |
Posted at 08/7/2024 08:55 by bamboo2 Trading StatementQuartix Technologies plc, a leading supplier of subscription-based vehicle tracking systems, software and services, is pleased to announce that it will publish interim results for the six-month period ending 30 June 2024 (the "Period") on Monday 29 July 2024. They will be posted on the Company's website that morning, together with accompanying presentations. Estimates provided in this Trading Statement may be subject to revision following the finalisation of June's trading results and preparation of the Interim Report. Financial results The Board estimates that the Group will report revenue, adjusted EBITDA, pre-tax profit and free cashflow for the Period of £16.0m, £2.6m, £2.6m and £0.9m respectively. The Company's net cash balance at period-end was £2.6m. Estimates for adjusted EBITDA and pre-tax profit are stated after recognition of approximately £0.5m of costs and provisions which are not expected to recur in the second half of 2024. The majority of these relate to operating and liquidation costs for the Konetik Deutschland GmbH subsidiary, which is discussed below. The estimate of free cashflow is also stated after the cost of the 4G upgrade programme in France (approximately £0.4m during the period). The Board is confident of meeting market expectations for the year1, with the potential for revenue to track slightly ahead. Recurring revenues, pricing and customer base The Board is pleased to report that renewed focus on the Company's core business in the Period has led to strong growth in Annualised Recurring Revenue ("ARR"). ARR is the key forward-looking measure of growth and financial performance for the Company. The Company's ARR increased by £3.01m (+11%) in the 12 months from 1 July 2023 to 30 June 2024 and two thirds of this increase (£2.04m) was achieved during the Period. ARR growth is measured on a constant currency basis. Average revenue per unit subscription (average pricing) increased by 1% during the Period, as inflationary price adjustment across the base offset the effects of price erosion in some areas. Although attrition across the Company rose slightly to 14% the rise was attributable mainly to two factors: the termination of a very large UK contract, installed in 2022, which had a fixed term of 2 years and which was not expected to renew; and organisational issues in the USA which are discussed below. The Board is not aware of any other large fixed-term contracts in the base and is addressing the issues in the USA. Market performance UK Renewed focus on the Company's core business - following the termination of the Evolve product line - led to 17% growth in new subscriptions and a 7% increase in the subscription base on a trailing-12-months ("TTM") basis. Notable successes were achieved in medium-sized fleets where the Company's reputation for strong customer service played a significant role. A return to growth in the customer base, albeit at a modest level, was delivered in the period and strong emphasis is now being placed on increasing growth in customer acquisition rates. France The subscription and customer bases grew by 22% and 14% respectively on a TTM basis. Customer acquisition rates increased by 4% compared with the prior period. New subscriptions were, however, flat on the same period last year but 14% ahead of the second half of 2023, and good progress is now being made through all channels USA Performance in the USA has continued to be adversely affected by organisational and strategic changes made during 2022 and 2023. As a consequence, progress in ARR reduced growth from +$0.5m in 2021 to a deficit of -$0.2m in 2023. Recruitment is underway to support the US business, return the subscription and customer bases to growth and to increase revenue growth rates. Enquiry levels are running at a strong level and customer acquisition rates started to improve before the end of the Period. Italy, Spain and Germany Strong growth was recorded on all key performance measures in each of these countries. New customer acquisition rates in Italy were particularly strong, as was growth in new installations in Germany. All three countries offer substantial opportunities for business development and further investment is planned for the second half. Konetik Deutschland GmbH ("Konetik") Quartix acquired Konetik in September 2023 for a consideration of up to €3.9m. Konetik was a company specialising in consultancy services for fleets making the transition to electric vehicles. Konetik had substantial operating costs but insignificant revenues and the growth anticipated at the time of acquisition was not delivered in the initial period post-acquisition. As noted in March, and having exhausted all other options including returning the business to its former owners at nil cost, the Board decided to liquidate Konetik and its Hungarian branch subsidiary. We can now report that the liquidation is well underway, with all employment agreements, save for that for the administrative managing director, terminated and settled. Termination notices to Konetik's two external customers were given in February and its limited trading activities have ceased. Operating costs of £0.28m for Konetik were recorded in the Period, and a further provision of £0.15m will be included in the Interim results for final costs. A further payment of approximately £0.2m will be due in September under the terms of the acquisition agreement. Andy Walters, Executive Chairman of Quartix, commented: "It is extremely pleasing to have recorded strong growth in the value of our subscription base over the past 12 months. Annualised recurring revenues have increased by just over £3m since July 2023 and two thirds of that increase was achieved in the first half of 2024. Double-digit percentage growth was also achieved in new vehicle subscriptions, the vehicle subscription base and customer acquisition rates. The customer base grew by 9% over the past year and we expect to improve this further as we continue to focus on customer acquisition with businesses in the SME category. We have now put the issues of 2023 behind us and, despite incurring more than £0.5m of cost associated with those in the first half, we expect to record approximately £2.6m of pre-tax profit in our interim results. I am immensely grateful to all my colleagues and the management team at Quartix who have so successfully refocused the company on its core business activity since my return to the Board last September, and we look forward to the future with confidence." 1Note: the Company believes that, prior to this announcement, market expectations for 2024 performance in terms of revenue, adjusted EBITDA and unadjusted free cashflow were £32.1m, £5.4m and £1.5m respectively. |
Posted at 12/6/2024 09:13 by bamboo2 The current chart is showing the classic Stiletto pattern.Price needs eod close above the highest point in the pattern approx 186 to break out. |
Posted at 29/12/2023 14:57 by sharesoc Join us at the ShareSoc Growth Company #Seminar in London on 28/02/24. Companies presenting: Quartix Technologies plc (QTX), Itaconix PLC (ITX) and Eden Research PLC (EDEN). Register here: [...] |
Posted at 29/1/2023 17:36 by tmfmayn [SharePad] Screening For My Next Long-Term Winner: QUARTIX #QTXQuartix’s vehicle-tracking services have delivered consistently lucrative financial returns, with new customers and good-value staff counterbalancing pricing pressures and rising costs: |
Posted at 24/3/2021 07:34 by thelongandtheshortandthetall Hi mate.QTX is undoubtedly a small 'gem' par excellence. But on a risk reward ratio, temporarily maybe, I feel I can get a better return else where. I'll use this elevated price in QTX to buy something else that's a bit cheaper. Fun and games :) |
Posted at 24/3/2021 07:16 by apad There have been a couple of times in the past when QTX has bounced up well over the moving averages, followed by a long decline.Valuations of companies hit by 'temporary' problems (FEVR as well) can look very high. Your strategy may well be a good one, tlst. With small 'gems' my style is more to let them run and may be pick up a few more when the price is listless because they are hard enough to find. apad |
Posted at 23/3/2021 20:43 by thelongandtheshortandthetall APAD.Reluctantly I topped sliced earlier. Very happy to buy back in again but right now I can see better opportunities else where at this price. I will remain glued to the share price, watching every pop and drop. |
Posted at 19/3/2021 14:56 by thelongandtheshortandthetall I haven't had a chance today to look at the trades today but I'll bet it's not a significant amount.I've struggled to buy in and sell here previously without moving the price against myself and I'm a poor little urchin. Point is if anyone and really I mean buffettology want to accumulate they will move the price considerably. Perhaps they also share my enthusiasm for the potential here. International expansion is now the order of the day. And as you pointed out moons ago it's fundamentally a software company. Now add is the ease of self installs for the gadgets and it's now time to reap the benefits of all previous hard work. |
Posted at 19/3/2021 14:29 by apad I'm having difficulty understanding this rise.EBITDA growth is only 12%. It takes 9 years of revenue to buy the company and 32 years of profit, which are numbers one usually sees associated with rapid growth companies with EBITDA growth numbers in the 20s and 30s. The 5 year share price graph would have indicated a fall back after the last results. The pattern would suggest that now is a time to top-slice for a buy back in later. It is very little traded and Walters owns 37%. The insurance to fleet story is well understood and the accounts are very easy to read. Anybody got any ideas. apad |
Posted at 01/3/2021 15:59 by energeticbacker Investor's Champion comments:The forecast reduced dividend of 8.5p is still equivalent to a yield of 1.9% at the current share price, which is more than enough for a business where the focus is on the longer term growth opportunity. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
