The FY21 results are as detailed in January’s post YE trading update; a strong performance from Fleet meeting revenue expectations but delivering much better-than-expected margins and profit; adj. EBITDA of £5.7m compared with the £5.0m we had forecast, some of the incremental investment in sales and marketing planned for 2H21 being held back in light of the Omicron wave. Post pandemic strong growth continues in the Fleet telematics business, both in the core UK market and particularly in the ov ....
28 Feb 2022
Quartix Technologies - FY21 builds platform for strong fleet growth ahead
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Quartix Technologies - FY21 builds platform for strong fleet growth ahead
Quartix Technologies PLC (QTX:LON) | 168 0 0.0% | Mkt Cap: 81.1m
- Published:
28 Feb 2022 -
Author:
Michael Hill | Cavendish Research -
Pages:
21
The FY21 results are as detailed in January’s post YE trading update; a strong performance from Fleet meeting revenue expectations but delivering much better-than-expected margins and profit; adj. EBITDA of £5.7m compared with the £5.0m we had forecast, some of the incremental investment in sales and marketing planned for 2H21 being held back in light of the Omicron wave. Post pandemic strong growth continues in the Fleet telematics business, both in the core UK market and particularly in the ov ....