Quartix Technologies PLC reported strong financial results for the year ended 31 December 2025, with significant growth in revenue, profit, cash flow, and annualised recurring revenue (ARR). Key highlights include
**Revenue Growth**Revenue increased by 12% to ยฃ35.7 million, driven by expansion in both UK and international markets.
**Profitability**Profit before tax rose by 34% to ยฃ8.7 million, with adjusted EBIT up 38% to ยฃ8.8 million.
**Cash Flow**Free cash flow more than doubled to ยฃ5.2 million, reflecting improved operational efficiency.
**ARR Growth**ARR increased by 14% to ยฃ37.0 million, a record growth rate, supported by a 11% rise in the subscription base to 333,922 units.
**Dividend**A final proposed dividend of 7.50p per share was announced, bringing the total dividend for the year to 10p per share.
**Strategic Progress**The company continued to enhance its product offerings, including the launch of connected dashboard cameras, and expanded its market presence in key regions like Italy, Spain, and Germany.
**Accounting Policy Change**Quartix transitioned to IAS 16 for equipment, installation, and carriage costs, restating prior-year financials for comparability.
Overall, Quartix demonstrated robust performance, strategic advancements, and a positive outlook for 2026, reinforced by strong customer retention and innovation in its telematics solutions.
### Key Observations:
1. **Revenue Growth**: Revenue increased by 12% from ยฃ31.8m in 2024 to ยฃ35.7m in 2025, driven by strong growth in subscriptions and recurring revenue.
2. **Profitability**: Profit before tax grew by 34%, and profit for the year increased by 25%, reflecting improved operational efficiency and cost control.
3. **Cash Flow**: Free cash flow more than doubled from ยฃ2.6m to ยฃ5.2m, indicating enhanced liquidity and financial health.
4. **Debt**: Lease liabilities increased slightly by 23%, but overall debt remains minimal compared to cash reserves.
5. **ARR Growth**: Annualised recurring revenue grew by 14%, highlighting the company's ability to sustain and expand its subscription base.
6. **Dividend**: The proposed final dividend increased significantly, reflecting the company's confidence in its financial performance and future prospects.