Quartix Technologies Leads The Charge In UK Penny Stocks To Watch

Simply Wall St

The UK market has recently faced challenges, with the FTSE 100 and FTSE 250 indices experiencing declines due to weak trade data from China impacting global sentiment. Despite these broader economic pressures, investors continue to seek opportunities in various segments of the stock market. Penny stocks, though considered a niche area today, can still present attractive prospects when they are supported by strong financial health and potential for growth.

Top 10 Penny Stocks In The United Kingdom

NameShare PriceMarket CapRewards & Risks
Supreme (AIM:SUP)£2.00£234.63M✅ 2 ⚠️ 3 View Analysis >
Foresight Group Holdings (LSE:FSG)£4.24£476.23M✅ 4 ⚠️ 0 View Analysis >
Warpaint London (AIM:W7L)£4.35£351.42M✅ 5 ⚠️ 3 View Analysis >
Cairn Homes (LSE:CRN)£1.862£1.16B✅ 4 ⚠️ 2 View Analysis >
Van Elle Holdings (AIM:VANL)£0.44£47.61M✅ 5 ⚠️ 2 View Analysis >
Polar Capital Holdings (AIM:POLR)£4.595£442.98M✅ 2 ⚠️ 2 View Analysis >
LSL Property Services (LSE:LSL)£3.16£325.52M✅ 4 ⚠️ 1 View Analysis >
Begbies Traynor Group (AIM:BEG)£1.085£173.09M✅ 4 ⚠️ 2 View Analysis >
Croma Security Solutions Group (AIM:CSSG)£0.825£11.36M✅ 4 ⚠️ 3 View Analysis >
Braemar (LSE:BMS)£2.25£69.96M✅ 3 ⚠️ 3 View Analysis >

Click here to see the full list of 299 stocks from our UK Penny Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Quartix Technologies (AIM:QTX)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Quartix Technologies plc designs, develops, markets, and delivers vehicle telematics services across the United Kingdom, France, the United States, and other European territories with a market cap of £122.04 million.

Operations: Quartix Technologies generates revenue primarily from Telematics Services (£30.01 million), followed by Customer Acquisition (£2.36 million) and Konetik (£0.03 million).

Market Cap: £122.04M

Quartix Technologies, with a market cap of £122.04 million, has recently become profitable, marking a significant shift after years of declining earnings. The company is debt-free and maintains strong liquidity, with short-term assets exceeding both short and long-term liabilities. Despite having an inexperienced management team and board, Quartix trades at a good value compared to peers in the Software industry due to its lower Price-To-Earnings ratio (25.6x). However, its dividend yield of 2.38% isn't well covered by free cash flows. Recent events include an address change effective April 2025 in Cambridge.

AIM:QTX Debt to Equity History and Analysis as at Jun 2025

Alphawave IP Group (LSE:AWE)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Alphawave IP Group plc specializes in developing and selling wired connectivity solutions across multiple regions including North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom with a market capitalization of approximately £1.35 billion.

Operations: The company generates revenue primarily from its Communications Equipment segment, which accounts for $307.59 million.

Market Cap: £1.35B

Alphawave IP Group, with a market cap of approximately £1.35 billion, is currently unprofitable but has a strong cash position that supports more than three years of runway based on current free cash flow. The company has seen its debt-to-equity ratio slightly decrease over five years to 71.9%, and it maintains sufficient short-term assets to cover immediate liabilities, although long-term liabilities remain uncovered. Recent developments include the successful tape-out of advanced UCIe IP subsystems on TSMC's N2 process and ongoing acquisition discussions with Qualcomm, which could significantly impact its strategic direction if finalized.

LSE:AWE Financial Position Analysis as at Jun 2025

Hunting (LSE:HTG)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Hunting PLC, along with its subsidiaries, is engaged in the global manufacturing of components, technology systems, and precision parts, with a market cap of £479.55 million.

Operations: The company's revenue is derived from several segments, with North America (excluding Subsea Technologies) contributing $388.4 million, Asia Pacific generating $240.6 million, Hunting Titan accounting for $230.3 million, Subsea Technologies bringing in $147.1 million, and Europe, Middle East and Africa (EMEA) adding $87.7 million.

Market Cap: £479.55M

Hunting PLC, with a market cap of £479.55 million, is currently unprofitable but maintains strong liquidity, with short-term assets of $785.7M exceeding both its short and long-term liabilities. The company has not diluted shareholders recently and trades at a significant discount to its estimated fair value. Despite an increased debt-to-equity ratio over five years, Hunting has more cash than total debt and a cash runway exceeding three years even as free cash flow shrinks slightly. Recent contract wins in subsea technologies and titanium stress joints highlight potential growth avenues despite ongoing profitability challenges.

LSE:HTG Financial Position Analysis as at Jun 2025

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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