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Quartix Holdings ( (GB:QTX) ) has issued an announcement.
Quartix Technologies plc experienced strong growth in 2024, with significant increases in revenue, adjusted EBITDA, and ARR. The company has focused on customer acquisition and product development, introducing the TCSV17 telematics system for cost efficiency. Strategic investments in marketing and overhead reductions have bolstered customer acquisition, particularly in the UK and Europe. The promotion of Sally Morton as Director of Finance and the continued liquidation of the Konetik subsidiary are also notable developments.
More about Quartix Holdings
Quartix Technologies plc is a leading provider of subscription-based vehicle tracking systems, software, and services. The company focuses on enhancing customer service and expanding its market presence in six key territories, including the UK, France, USA, Italy, Spain, and Germany.
YTD Price Performance: -2.56%
Average Trading Volume: 14,824
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £73.56M
Learn more about QTX stock on TipRanks’ Stock Analysis page.
