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Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Comment by shareholders1on Nov 12, 2021 6:55am
125 Views
Post# 34118380

RE:RE:RE:IRD PIPELINE M & A

RE:RE:RE:IRD PIPELINE M & AAstutein asked: "Are you taking position Unbilled Revenue will not be collected and eventually not in revenue.?"

Per the discussion re the 2020 fiscal results back in March/ April, Unbilled Revenue" appears to be revenue that has been recorded for work in progress and it likely relates to IRD, not to Wilan. It has already been recorded as revenue on the IS:

ie Debit Unbilled Revenue on BS;  Credit Revenue on IS.

When it is evenually invoiced:

Debit Accounts Receivable on BS;  Credit Unbilled Revenue on BS

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