Keyword results: vehicle tracking

QTX
QTX

Quartix Technologies – “pleased to report… in line”, but is that sufficient for the valuation?

Vehicle tracking technologies company Quartix (QTX“is pleased to confirm” that Richard Lilwall has commenced as CEO, with retiring founder CEO Andy Walters remaining on the board as a non-executive and that “the annualised recurring revenue of the fleet subscription base was £23.5m on 1 October, representing a gain, in constant currency terms, of £1.5m since the start of the year”. What though of the shares, down from around 490p when I previously wrote on the company to currently 450p?…

QTX
QTX

Quartix Technologies – trading “good”, but the valuation?...

Previously writing on vehicle tracking technologies company Quartix (QTX), in March with the shares at 476p I questioned is the progress ‘pleasing’?. What about now, with a half-year trading update?…

QTX
QTX

Quartix Holdings – slower growth… and more?...

Quartix Holdings (QTX) has updated including that “trading for the first three-month period to 31 March 2020 was strong, and consistent with meeting market expectations for the year” and “the initial impact of the COVID-19 pandemic on the company's profitability has therefore been very limited, given the recurring nature of… subscriptions”. The shares though remain below the approaching 300p of earlier this month, at around 250p...

QTX
QTX

Quartix – trading statement, valuation still too high?

Vehicle tracking systems, software and services company Quartix (QTX) has updated on trading – with the shares - already down from more than 440p last month - currently responding further lower below 240p…

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