Quartix Foresees Robust Interim Financial Growth

Quartix Holdings (GB:QTX) has released an update.

Quartix Technologies plc anticipates a strong interim financial report, with expected increases in revenue, adjusted EBITDA, pre-tax profit, and free cashflow, backed by a solid growth in Annualised Recurring Revenue (ARR) and new customer acquisition rates. Despite organizational challenges in the USA and the liquidation of Konetik Deutschland GmbH, the company has seen notable performance improvements in the UK, France, Italy, Spain, and Germany. Executive Chairman Andy Walters expresses gratitude to the team and optimism for continued focus on core business growth.

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