About Quartix Ltd - UK Vehicle Tracking
Founded in 2001 by four highly experienced industry professionals, Quartix UK has grown to become one of the UK’s most successful providers of vehicle tracking systems.
Today, more than 7000 customers across a wide range of sectors – including government organisations, housing associations, construction firms, hospital trusts, the emergency services, SMEs and large British brands – use the online service, while the company’s unique, own-design tracking system has been installed in more than 200,000 vehicles.
The Quartix vehicle tracking system provides users with a fast, efficient, 'point-and-click' source of real-time information, together with tailored e-mail reports. The highly-flexible service has scope to meet the needs of large corporations and owner-managed businesses alike.
The success of the company has been recognised by a number of prestigious business and product awards, including Fleet News Reader Recommended 2013, the Van FleetWorld 2014 Technology award and the Powys Business of the Year 2013. 

Company Growth (employees)
Type
Public
HQ
Newtown, GB
Founded
2001
Size (employees)
101 (est)
Quartix was founded in 2001 and is headquartered in Newtown, GB

Quartix Office Locations

Quartix has an office in Newtown
Newtown, GB (HQ)
Chapel Offices Park St

Quartix Data and Metrics

Quartix Financial Metrics

Quartix's revenue was reported to be £23.3 m in FY, 2016 which is a 19% increase from the previous period.
GBP

Revenue (FY, 2016)

23.3 m

Revenue growth (FY, 2015 - FY, 2016), %

19%

Gross profit (FY, 2016)

14.1 m

Gross profit margin (FY, 2016), %

60%

Net income (FY, 2016)

6.1 m

Market capitalization (20-Jul-2017)

181.1 m

Closing share price (20-Jul-2017)

3.8

Cash (31-Dec-2016)

6.2 m
Quartix's current market capitalization is £181.1 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

13.2 m15.3 m19.7 m23.3 m

Revenue growth, %

16%28%19%

Cost of goods sold

4.6 m5.4 m7.5 m9.3 m

Gross profit

8.6 m9.9 m12.2 m14.1 m

Gross profit Margin, %

65%65%62%60%

Pre tax profit

5 m6 m6.5 m

Net Income

4 m5 m6.1 m
GBPFY, 2014FY, 2015FY, 2016

Cash

1.8 m4 m6.2 m

Accounts Receivable

1.8 m2.3 m2.3 m

Current Assets

4.2 m7.3 m9.5 m

PP&E

187 k394 k501 k

Goodwill

14 m14 m14 m

Total Assets

18.4 m21.7 m24.1 m

Accounts Payable

1.1 m1.6 m1.6 m

Current Liabilities

5.2 m6.5 m5.7 m

Total Liabilities

6.2 m6.5 m5.7 m

Retained Earnings

1.3 m2.7 m3.2 m

Total Equity

12.2 m15.2 m18.3 m

Financial Leverage

1.5 x1.4 x1.3 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

4.9 m5.7 m6.2 m

Cash From Financing Activities

(3.8 m)(3.2 m)(3.9 m)

Income Taxes Paid

(1 m)(975 k)(453 k)
Y, 2016

Financial Leverage

1.3 x

Quartix Market Value History

Quartix Job Categories

Traffic Overview of Quartix

Quartix Online and Social Media Presence

Quartix Company Life and Culture

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