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Quartix Technologies (LSE:QTX) Construction In Progress : £0.00 Mil (As of Dec. 2024)


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What is Quartix Technologies Construction In Progress?


Quartix Technologies Construction In Progress Historical Data

The historical data trend for Quartix Technologies's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Quartix Technologies Construction In Progress Chart

Quartix Technologies Annual Data
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Construction In Progress
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Quartix Technologies Semi-Annual Data
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Quartix Technologies Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Quartix Technologies Business Description

Traded in Other Exchanges
N/A
Address
No.9 Journey Campus, Castle Park, Cambridge, GBR, CB3 0AX
Quartix Technologies PLC is a supplier of vehicle telematics services. It has two reportable segments: Insurance and Total Fleet operations. The Total Fleet segment has been sub-divided into two further categories. Customer Acquisition includes sales and marketing costs of acquiring new fleet customers and the cost associated with units installed for those customers. Fleet Telematics Services includes recurring revenue associated with the group's active subscription base and the cost of servicing that subscription base. The main source of revenue for all segments is from the provision of vehicle telematics services. The group's revenue by geographical markets is highest in the UK, followed by France, the USA, and other European territories.

Quartix Technologies Headlines

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