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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 mrmoribundon Jul 05, 2022 12:26pm
131 Views
Post# 34802208

RE:RE:RE:RE:Valuation & NCIB

RE:RE:RE:RE:Valuation & NCIBVG, you are reaching new heights of illogic.

You want to keep Rekor in your narrative and so it suddenly becomes respectable. You tell us:

"Analysts that perform any EV/EBITDA analysis of the ITS industry include REKR in their table.  

This is a pure play ITS company.  It is also supposed to grow quickly and produce EBITDA next year.  On future EBITDA it trades at 6X."

VG, maybe analysts keep Rekor in their tables because their firms have clients that still own it. Or maybe they just want comparables (low-quality or otherwise) wherever they can get them.

So Rekor is supposed to grow quickly and produce EBITDA next year, eh? So why would you take that at face value--if you even heard it anywhere--and yet jump to the conclusion that Quarterhill is heading for a forced liquidation (in spite of the fact that its cash position is super-solid).

Maybe Rekor is trading at 6x this dreamed-of EBITDA because lots of investors are rattled by the fact that the company is hemorrhaging money and they fear it soon won't be able to make payroll.
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