Quartix Technologies plc (LSE:QTX) has released estimated results for the first half of 2025, reporting significant year-over-year growth in revenue, EBITDA, and free cash flow. A key highlight was a 31% surge in Annualised Recurring Revenue (ARR), underpinned by strong customer acquisition and improved net revenue retention. This momentum reflects the expanding appeal of Quartix’s subscription-based telematics offerings.
In a move to streamline operations, the company has initiated a strategic reorganisation focused on merging its software teams and lowering overhead costs. This restructuring is expected to boost operational efficiency and position Quartix for sustained long-term growth. Confident in its outlook, the company plans to declare a higher interim dividend and remains on track to meet full-year market expectations.
About Quartix Technologies plc
Quartix is a leading provider of telematics and vehicle tracking solutions offered through a subscription model. Its cloud-based platform helps businesses improve fleet management, monitor driver behavior, and optimize operational performance. With a focus on reliability and scalability, Quartix serves a wide customer base across the UK, Europe, and the United States.
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