In today’s H1 results, Quartix has reported Fleet revenue growth of +13% yoy to £14.5m, adjusted EBITDA of £2.7m, and a proposed interim DPS of 1.5p. Record gross adds of 33.5k drove the subscription base to 251.8k or +14% yoy growth, and ARR grew +8% yoy at constant currency to £28.0m. The UK provided a robust foundation with +8% H1 Fleet revenue growth to £9.0m, and excellent momentum continued in France with +32% yoy subscription growth driving revenue +30% yoy to £3.3m. After +22% revenue gr ....

31 Jul 2023
Quartix Technologies - H1 Fleet revenue growth of +13%, potential to accelerate

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Quartix Technologies - H1 Fleet revenue growth of +13%, potential to accelerate
Quartix Technologies PLC (QTX:LON) | 231 -11.6 (-2.1%) | Mkt Cap: 111.9m
- Published:
31 Jul 2023 -
Author:
Michael Hill | Kimberley Carstens -
Pages:
23 -
In today’s H1 results, Quartix has reported Fleet revenue growth of +13% yoy to £14.5m, adjusted EBITDA of £2.7m, and a proposed interim DPS of 1.5p. Record gross adds of 33.5k drove the subscription base to 251.8k or +14% yoy growth, and ARR grew +8% yoy at constant currency to £28.0m. The UK provided a robust foundation with +8% H1 Fleet revenue growth to £9.0m, and excellent momentum continued in France with +32% yoy subscription growth driving revenue +30% yoy to £3.3m. After +22% revenue gr ....