Quarterhill Inc T.QTRH

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

Technology Communication Equipment

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.

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Quarterhill Inc > What is ironic

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Comment by cabbieJBJon Jul 06, 2022 10:42pm

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Post# 34807245

RE:RE:RE:RE:RE:RE:RE:What is ironic

Conduent withdrew the strategic review on its ITS business.

The ETC acquisition was based on forward EBITDA - that is 2022. It was in line to meet the numbers in the announced acquisition before inflation raised its ugly head. Revenue will be above target; it's still too early to conclude that inflation pressure on margins will wipe out EBITDA to the extent your post states (almost as fact).

To get to 30x -50x, EBITDA would need to be between $3M and $5M for F22. Q1/22 gross profit on the ITS segment was ~$10M. I don't see sufficient evidence yet to draw the conclusion that you have vg.

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A junior copper-gold stock trading at a bargain of monumental proportions