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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 cabbieJBJon Feb 06, 2023 6:21pm
321 Views
Post# 35270549

RE:RE:RE:rekor

RE:RE:RE:rekorMrmoribund is right.  Rekor has nothing fundamental that IRD and ETC do not already have.  Technology similar to Rekor's is in IRD's iTHEIA Artificial Intelligence traffic data system that underpinned the $14M New York state award to IRD last year. Read about iTHEIA on IRD's website: https://pages.irdinc.com/irdinfo 

What Rekor may have are contracts, but to date contracts have been elusive.  However, Rekor claims to have several proof of concept tests ongoing which they believe will turn into revenue in the near term.  Like Mrmoribund, I'm from Missouri on thsi one.  Rekor is still bleeding cash and just raised ~$12.5M; but they're spending at a rate of negative $10M EBITDA per quarter, so they will need to raise money again in a few months if substantial revenue does not materialize.  The bone heap is a real possibility.

REKR is a meme stock and a trader's dream stock.  Today REKR went from  $1.81 to $2.59 to $1.84.  

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