Nexteq (NXQ)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

73.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 99.00
  • 52 Week Low: 56.00
  • Currency: UK Pounds
  • Shares Issued: 59.89m
  • Volume: 9,054
  • Market Cap: £44.02m

Nexteq upbeat as ProDeck 24 wins industry award

By Josh White

Date: Wednesday 04 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Nexteq announced that its broadcast technology brand Densitron has won a Best of Show Award at the NAB Show 2025 in Las Vegas on Wednesday, for its new ProDeck 24 desktop control surface.
The AIM-traded firm, formerly known as Quixant, said the award, presented by TVBEurope, recognises standout innovations in the global broadcast technology sector.

It said the ProDeck 24, which made its North American debut at the event, impressed a panel of industry experts and editors with its integration, usability, and market uniqueness.

Designed for professional broadcast environments, the ProDeck 24 combines a high-definition touchscreen with 24 programmable physical buttons, offering a streamlined and intuitive user interface.

It integrates a next-generation PC with display and is fully compatible with Densitron's IDS control software, used by broadcasters including BBC, CBS, CNN, NBC and YouTube.

Nexteq said the award highlighted its innovation and reinforced its position as a "market leader" in broadcast control technology.

"I am delighted to receive this recognition of the ProDeck 24, a testament to the dedication of the team and the high standard of broadcast expertise we bring to the market," said chief executive officer Duncan Faithfull.

"We are a product and IP innovation business at our core, and this award demonstrates how well our ambitious product roadmap, a key component of our organic growth strategy, aligns with market needs.

"Pleasingly we are already seeing a substantial increase in consumer demand as the market recognises the value of a first-of-its-kind combined PC and display product."

Faithfull said the company's attendance at the event facilitated both reconnection with existing partners and a "notable rise" in new business enquiries.

"Looking ahead, the enthusiasm for our range of broadcast technology solutions and the levels of engagement received has energised us to drive innovation forward in the near future."

At 1340 BST, shares in Nexteq were up 0.91% at 66.6p.

Reporting by Josh White for Sharecast.com.

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Nexteq Market Data

Currency UK Pounds
Share Price 73.50p
Change Today 0.50p
% Change 0.68 %
52 Week High 99.00
52 Week Low 56.00
Volume 9,054
Shares Issued 59.89m
Market Cap £44.02m

Nexteq Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.52% below the market average15.52% below the market average15.52% below the market average15.52% below the market average15.52% below the market average
13.04% below the sector average13.04% below the sector average13.04% below the sector average13.04% below the sector average13.04% below the sector average
Price Trend
40.94% below the market average40.94% below the market average40.94% below the market average40.94% below the market average40.94% below the market average
13.04% below the sector average13.04% below the sector average13.04% below the sector average13.04% below the sector average13.04% below the sector average
Income
8.38% above the market average8.38% above the market average8.38% above the market average8.38% above the market average8.38% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
17.91% below the market average17.91% below the market average17.91% below the market average17.91% below the market average17.91% below the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average

Nexteq Dividends

  Latest Previous
  Final Final
Ex-Div 01-May-25 25-Jul-24
Paid 30-May-25 23-Aug-24
Amount 3.70p 3.30p

Trades for 29-Aug-2025

Time Volume / Share Price
14:13 3 @ 74.22p
11:36 1,463 @ 73.20p
09:47 63 @ 73.20p
09:32 1,210 @ 73.20p
08:25 2,259 @ 73.20p

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