Quartix Technologies has released another positive trading update signalling that FY25 revenue, adjusted EBITDA and free cash flow are expected to be ahead of market expectations. Zeus forecasts for FY25 revenue (+0.9%) and adjusted EBITDA (+2.0%) are increased slightly, but we expect that profitability will likely be higher following the outcome of an accounting policy review that could lengthen the useful life of its tracking system and costs. We will update for this change once further detail ....
