Quartix Technologies’ interim results, which were well flagged at a trading update earlier this month, show strong growth in subscriptions, annualised recurring revenue (ARR), profitability and free cash flow. After upgrading twice already this year, we again increase our estimates for FY25 adjusted EBITDA and free cash flow by 4.8% each. Forecast adjusted EBITDA for FY25 (£7.5m) is now c. 17% ahead of our estimate at the start of 2025. Zeus FY26 and FY27 revenue estimates increase by 2.6%, with ....
