Quartix Reports 12% Revenue Growth, EPS Up 25% for 2025

Key Financial Highlights for 2025

Quartix, a UK-based vehicle tracking supplier, has reported a strong financial performance for the year 2025. The company announced a 12% increase in revenue compared to the previous year, alongside a significant 25% rise in adjusted earnings per share. Annualized recurring revenue saw a healthy 14% growth, reaching £37.0 million.

Performance Overview

The company attributes its successful year to several key factors. Accelerated growth in its fleet subscription base was a primary driver for the increase in recurring revenue. Executive Chairman Andy Walters also highlighted that improved operational efficiency and strategic cost reductions were instrumental in boosting profit growth. Furthermore, a new upsell program featuring a dashboard camera option made a significant contribution to recurring revenue, particularly in the UK market.

Market Impact and Outlook

Looking ahead to 2026, Quartix plans to continue its growth trajectory by investing in its sales channels across six target markets. While the company expects to make further progress in the coming year, it has not provided specific financial guidance. The reported full-year pretax profit for 2025 stood at £8.70 million, providing a solid foundation for future investments.

Summary

Quartix's 2025 results demonstrate robust growth in both revenue and profitability, fueled by a strong subscription model and operational improvements. The company's planned investments for 2026 indicate a continued focus on market expansion, although specific performance targets remain undisclosed.

FAQ

Q: What were the key financial highlights for Quartix in 2025?
A: Quartix reported a 12% revenue increase, a 25% rise in adjusted earnings per share, and annualized recurring revenue growth of 14% to £37.0 million.

Q: What factors contributed to Quartix's profit growth?
A: Profit growth was driven by an expanding fleet subscription base, improved operational efficiency, cost reductions, and a successful dashboard camera upsell program.

Source: Investing.com