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. 

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Type
Public
HQ
Newtown, GB
Founded
2001
Size (employees)
135 (est)+34%
Quartix was founded in 2001 and is headquartered in Newtown, GB
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Quartix Office Locations

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

Quartix Financials

Quartix's revenue was reported to be £24.49 m in FY, 2017
GBP

Revenue (FY, 2017)

24.5 m

Gross profit (FY, 2017)

14.8 m

Gross profit margin (FY, 2017), %

60.6%

Net income (FY, 2017)

5.8 m

EBITDA (FY, 2017)

6.8 m

EBIT (FY, 2017)

6.6 m

Market capitalization (31-Oct-2017)

172.7 m

Closing share price (31-Oct-2017)

3.6

Cash (31-Dec-2017)

7.3 m
Quartix's current market capitalization is £172.7 m.
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6.7 m8.3 m13.2 m15.3 m19.7 m23.3 m24.5 m

Revenue growth, %

16%28%19%

Cost of goods sold

2.3 m2.3 m4.6 m5.4 m7.5 m9.3 m9.6 m

Gross profit

4.4 m6 m8.6 m9.9 m12.2 m14.1 m14.8 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

292.7 k27.2 k16.6 k580.9 k991 k779 k1.8 m4 m6.2 m7.3 m

Accounts Receivable

241 k5 k13.8 k1.2 m937 k1.7 m1.8 m2.3 m2.3 m2.6 m

Inventories

188 k348 k220 k436 k638 k680 k703 k

Current Assets

533.8 k32.2 k30.4 k2 m2.3 m2.8 m4.2 m7.3 m9.5 m11 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

364.8 k2.3 m3.9 m4 m5 m6.1 m5.8 m

Cash From Operating Activities

1.3 m3.4 m4.4 m4.9 m5.7 m6.2 m6.3 m

Dividends Paid

2.8 m2.3 m2.9 m5.4 m

Cash From Financing Activities

(601.4 k)(3 m)(4.5 m)(3.8 m)(3.2 m)(3.9 m)(5.3 m)
GBPY, 2017

Revenue/Employee

207.5 k

Financial Leverage

1.3 x
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Quartix Online and Social Media Presence

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