Quartix H1 revenue climbs 10%; Profit surges on subscription growth
LONDON: Quartix Technologies plc (AIM:QTX), a leading provider of subscription-based vehicle tracking systems, reported a 31% increase in first-half operating profit, driven by accelerated growth in recurring revenue and strong customer acquisition. Revenue for the six months ended June 30 rose 10% year-on-year to £17.6 million. EBITDA jumped 30% to £3.7 million, while operating profit…