Quartix Technologies Reports Strong Start to 2025 with Increased Subscriptions

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Quartix Technologies Reports Strong Start to 2025 with Increased Subscriptions

The latest announcement is out from Quartix Holdings ( (GB:QTX) ).

Quartix Technologies plc has reported a strong start to 2025, with a 20% increase in new unit subscriptions in the first quarter compared to the same period in 2024. The company anticipates significant improvement in annualised recurring revenue and new customer acquisition, aligning with market expectations for the year. The positive outlook for the remainder of 2025 is reinforced by the company’s consistent trading performance in the initial months, and further updates are expected in an upcoming webinar.

More about Quartix Holdings

Quartix Technologies plc is a leading European provider of vehicle telematics services and driver analytics. The company focuses on offering solutions that enhance vehicle tracking and driver behavior analysis, catering to a broad market that includes fleet operators and individual vehicle owners.

YTD Price Performance: 35.90%

Average Trading Volume: 33,428

Technical Sentiment Signal: Hold

Current Market Cap: £102.6M

See more data about QTX stock on TipRanks’ Stock Analysis page.

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