Quartix Technologies (QTX)

Sector:

IT Services

Index:

FTSE AIM All-Share

278.00p
   
  • Change Today:
      14.00p
  • 52 Week High: 286.00p
  • 52 Week Low: 140.50p
  • Currency: UK Pounds
  • Shares Issued: 48.43m
  • Volume: 76,755
  • Market Cap: £134.64m
  • RiskGrade: 331

Quartix expects earnings to top market expectations

By Iain Gilbert

Date: Tuesday 04 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Tracking systems provider Quartix expects full-year profits to exceed market expectations after a change in accounting practices and some "strong progress" in its core fleet business in the USA and France.
Quartix, one of Europe's leading suppliers of subscription-based vehicle tracking systems and software, now sees adjusted earnings before interest, tax, depreciation and amortisation for the calendar year to come in 10-15% ahead of its previous £7.5m estimate.

The AIM-listed firm revealed the change was largely due to its adoption of IFRS15, which also increased profit and revenues for 2018. Quartix said revenue and free cash flow were also expected to be "slightly ahead of market expectations" of £24.6m and £5.4m, respectively.

Quartix added that management expectations for 2019 remained unchanged and that it expects to provide a post-year-end trading update in mid-January 2019.

As of 0850 GMT, Quartix shares were flat on 240p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

QTX Market Data

Currency UK Pounds
Share Price 278.00p
Change Today 14.00p
% Change 5.30 %
52 Week High 286.00p
52 Week Low 140.50p
Volume 76,755
Shares Issued 48.43m
Market Cap £134.64m
RiskGrade 331

QTX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.84% below the market average98.84% below the market average98.84% below the market average98.84% below the market average98.84% below the market average
89.61% below the sector average89.61% below the sector average89.61% below the sector average89.61% below the sector average89.61% below the sector average
Price Trend
85.52% above the market average85.52% above the market average85.52% above the market average85.52% above the market average85.52% above the market average
87.65% above the sector average87.65% above the sector average87.65% above the sector average87.65% above the sector average87.65% above the sector average
Income
73.74% below the market average73.74% below the market average73.74% below the market average73.74% below the market average73.74% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Growth
8.24% below the market average8.24% below the market average8.24% below the market average8.24% below the market average8.24% below the market average
36% below the sector average36% below the sector average36% below the sector average36% below the sector average36% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

QTX Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Aug-25 03-Apr-25
Paid 30-Sep-25 30-Apr-25
Amount 2.50p 3.00p

Trades for 29-Aug-2025

Time Volume / Share Price
16:18 1,594 @ 280.00p
16:16 250 @ 286.00p
16:14 1,104 @ 280.00p
16:10 250 @ 286.00p
15:01 4,738 @ 285.90p

QTX Key Personnel

CFO Emily Rees

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