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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 May 11, 2023 1:37pm
210 Views
Post# 35443620

RE:RE:RE:qtrh

RE:RE:RE:qtrhAtlantia sold ETC because it was unprofitable; Align beefed up revenue with two Contracts in Colorado.  The Elizabeth River Bridges contract was added weeks before the acquisition by QTRH closed.  With the promise of revenue at ETC, QTRH bit - and yes, overpaid.  ETC had not started implementation on the problem child contracts Capharnaum.  Apart from covid related cost and supply chain issues which were impposible to forsee, I believe that the early contracts are almost the exclusive source of the problem.  

I believe IRD has and continues to perfform very well on both growth and financial metrics..
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