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 announces supplementary dividend following solid performance

By Iain Gilbert

Date: Thursday 10 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Vehicle tracking specialist Quartix expects full-year revenues, profits and free cash-flow to be in line with forecasts after a solid performance from its core fleet business in the USA and France.
As a result of its strong free cash-flow, Quartix now expects to pay a supplementary dividend alongside the final ordinary dividend.

In terms of trading, Quartix said its internal process and structural changes made since July had begun to take effect - with its UK subscription base growing 10% to 91,200 vehicles.

On the other hand, new installations slipped 6% to 18,580.

In its insurance unit, new installations were 29% lower at 41,255 - a figure Quartix expects to continue to decline further in 2019.

Chief executive Andy Walters said: "We finished the year with a strong level of new fleet business in all territories and are delighted with the progress made in 2018 overall."

"We also completed some exciting new technology developments during the year and look forward to 2019 with confidence."

As of 1100 GMT, Quartix shares were untraded at 260p.

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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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