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Quatrix spending big to get new customers

The automobile telematics company is investing a lot in customer acquisition as it tries to grow recurring revenues
July 27, 2022
  • Annual recurring revenue increased by double digits
  • Marketing now makes up more than half total costs

Quartix Technologies (QTX) provides telematic data analysis services for commercial fleets and insurance providers. In short, it tracks where cars and vans drive. This helps commercial fleets optimise their vehicles and insurance companies price their premiums more accurately.

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