Quartix
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 31.2m | 31.2m | 31.2m | 33.6m | 35.9m | 39.5m | 42.1m |
% growth | - | - | - | 8 % | 7 % | 10 % | 7 % |
EBITDA | 8.4m | 9.6m | 7.2m | 7.2m | 6.5m | 7.0m | 7.7m |
% EBITDA margin | 27 % | 31 % | 23 % | 21 % | 18 % | 18 % | 18 % |
Profit | 6.0m | 6.0m | 6.0m | 6.0m | (1.1m) | 4.6m | 5.0m |
% profit margin | 19 % | 19 % | 19 % | 18 % | (3 %) | 12 % | 12 % |
EV / revenue | 6.3x | 6.8x | 7.0x | 4.8x | 2.4x | 2.6x | 2.5x |
EV / EBITDA | 23.4x | 21.9x | 30.1x | 22.6x | 13.2x | 15.0x | 13.4x |
Date | Investors | Amount | Round |
---|---|---|---|
£12.0m | Early VC | ||
N/A | €14.5m Valuation: €68.7m 11.7x EV/LTM EBITDA | IPO | |
N/A | $20.0k | Seed | |
Total Funding | AUD24.5m |
Related Content
Recent News about Quartix
EditQuartix is a leading provider of vehicle tracking solutions, specializing in GPS-based tracking systems for commercial fleets, including trucks, vans, and cars. Operating globally, Quartix serves over 12,000 customers, offering real-time tracking, daily driver timesheets, driving style analysis, and comprehensive reporting features. The company installs a new system every 80 seconds and adds more than 400 new fleet customers each month. Quartix's business model revolves around a subscription-based service, where clients pay for access to its web-based telematics software and tracking devices. This software allows fleet managers to monitor vehicle locations, review historical tracking data, and receive detailed driver reports, including alerts for unauthorized moves. The market for Quartix's services includes businesses of all sizes that require efficient fleet management and compliance with regulatory requirements such as IFTA mileage reporting. Quartix generates revenue through subscription fees and the sale of tracking devices, ensuring a steady income stream. The company is known for its outstanding customer service and easy-to-use software, making it a trusted solution in the vehicle tracking industry.
Keywords: GPS tracking, fleet management, telematics, driver timesheets, real-time tracking, geofencing, IFTA reporting, commercial vehicles, subscription service, vehicle monitoring.