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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

Post by Capharnaumon Apr 08, 2022 10:12am
251 Views
Post# 34587599

Very good news, likely more to come

Very good news, likely more to comeThis news should kickstart a new leg up for Quarterhill share price, but it shouldn't be the only one.

Between this news and the Wilan sale, Quarterhill will have $250MM in cash to spend on acquisitions this year in the ITS market. Including increases in debt to fund acquisitions, they could be able to spend USD $300MM on acquisitions (two more ETC size acquisitions) and get to runrates over $400MM in revenue and over $55MM in EBITDA by the end of the year or early next year.

Q1 results will come with a big positive earnings number which will crank back EPS into positive territory on all stock metrics websites. I expect a bigger move up for the share price at that time.
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