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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Quixant Plc    QXT   GB00B99PCP71

QUIXANT PLC

(QXT)
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Delayed Quote. Delayed London Stock Exchange - 10/23 11:35:15 am
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05/19QUIXANT : Trading Update
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04/06QUIXANT : Audited Final Results
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03/31QUIXANT : 2019 Trading and COVID-19 update
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Quixant : Board Change

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03/26/2020 | 12:03pm EDT

26 March 2020

Quixant plc

('Quixant' or the 'Group')

Board Change

Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries, announces that Gaye Hudson, Non-Executive Director, has notified the Board of her intention to stand down from the Board to focus on other challenges. As such, she will not be seeking re-election at the forthcoming AGM in May 2020. A search is underway for another non-executive director to join the Board in due course.

Michael Peagram, Chairman of Quixant, commented: 'On behalf of the Board, I would like to thank Gaye for her contribution and support to the Group over her three years of service. We wish her every success in her future endeavours.'

For further information please contact:

Quixant plc

Tel: +44 (0)1223 892 696

Jon Jayal, Chief Executive Officer

Guy Millward, Chief Financial Officer

Nominated Adviser and Broker:

finnCap Ltd

Tel: +44(0)20 7220 0500

Matt Goode / Simon Hicks (Corporate Finance)

Alice Lane (Corporate Broking)

Financial PR:

Tel: +44 (0) 20 3405 0205

Alma PR

John Coles / Hilary Buchanan / Kieran Breheny

About Quixant

Quixant, founded in 2005, designs and manufactures highly optimised computing solutions and monitors principally for the global gaming industry. The Company is headquartered in Cambridge in the UK where the global sales function is based. North America sales and sales support is run from their subsidiary in Las Vegas. Quixant has its own manufacturing and engineering operation based in Taiwan and software engineering and customer support team based in Italy. All the specialised products software and manufacturing are produced in-house and Quixant owns all its own IP some of which is protected by patents and design rights.

In November 2015 Quixant acquired Densitron Technologies plc. Densitron has a strong heritage in the sale of electronic display solutions to global industrial markets. Through Densitron's experienced sales team, Quixant has a robust platform to build its business into wider industrial markets. In-depth information on the Company's products, markets, activities and history can be found on the corporate website at www.quixant.com.

Disclaimer

Quixant plc published this content on 26 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2020 17:02:07 UTC


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04/06QUIXANT : Audited Final Results
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Financials (USD)
Sales 2020 59,5 M - -
Net income 2020 -2,10 M - -
Net cash 2020 15,5 M - -
P/E ratio 2020 -48,4x
Yield 2020 -
Capitalization 99,6 M 99,7 M -
EV / Sales 2020 1,41x
EV / Sales 2021 1,18x
Nbr of Employees 227
Free-Float 61,7%
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Technical analysis trends QUIXANT PLC
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Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 2
Average target price 2,32 $
Last Close Price 1,50 $
Spread / Highest target 71,5%
Spread / Average Target 54,8%
Spread / Lowest Target 38,1%
EPS Revisions
Managers
NameTitle
Jonathan Francis Jayal Chief Executive Officer & Director
Michael John Peagram Non-Executive Chairman
Andrew Jarvis Chief Financial Officer
Nicholas Charles Leopold Jarmany Non-Executive Deputy Chairman
Gary Paul Mullins Executive Director & Director-Strategic Sales
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