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Nexteq

NXQ · AIM · Technology · mcap £22m · 42.0p

Nexteq designs and supplies specialist electronics. Its Quixant division makes computing platforms for casino gaming machines, and its Densitron division makes display and control products for broadcast, automotive and industrial customers.

Recent signals

Negative 9 Sep 2026

Net cash fell to -$1.4m from $25.0m, with $8.5m returned in H1

Cash drop reflects inventory buys, the Taiwan mortgage and shareholder returns; the Board expects reversal in H2. 9 Sep 2026

Mixed 9 Sep 2026

Taiwan office move cancelled, partner-led operating model

Board is selling the new property and reviewing the operating model. 9 Sep 2026

Positive 31 Jul 2026

Non-executive chair and Audit chair bought shares after share price fell

Directors bought shares at about 49p in July 2026 after the May profit warning. 31 Jul 2026 28 Jul 2026

Negative 21 May 2026

Revenue guidance repeatedly cut; FY26 about 15% below expectations

Dec 2025 guidance of not less than $85m was followed by a May 2026 cut of about 15%. 21 May 2026 18 Dec 2025

Capital actions
  • 2026-09-09 disposal – Board decided not to move; agreed to sell the new Taiwan property in October, small profit expected 9 Sep 2026
  • 2026-03-18 acquisition · $15.5m – New Taipei office acquired, partly funded by $12.2m mortgage; existing property sale agreed for $3.7m 18 Mar 2026
  • 2025-12-19 buyback programme · £5.4m – Buyback of up to 10% of share capital, shares held in treasury, running to next AGM 19 Dec 2025
  • 2025-09-02 buyback programme – Authority sought for buyback of up to 5,988,515 shares (10%) with Rule 9 waiver; approved 18 September 2025 2 Sep 2025
  • 2024-07-29 buyback programme · £6.5m – Buyback extended to up to 10% of issued capital, up to 6,475,634 shares 29 Jul 2024

From the company's own announcements · not investment advice

Company filings. Not investment advice.

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