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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 ElJon Aug 09, 2023 1:41pm
193 Views
Post# 35579937

RE:great quarter

RE:great quarterThank you cabbieJbJ for both your forecast and the follow-up with actual financial results.

Yes Q2, 2023 it is a good quarter and in the context of recent past quartersby QuarterHill it can be described as "great".
The aspects that seem mnost significant to me include:
  • Obviously Total Revenue  $51.865 million
  • Cost of Revenue               $38.428 m   
  • Selling/G&A/R&D/Etc..      $10.334 m
  • EBITDA                            $3.103 m  Big change from 4 of 5 negatives Qths since Q4/21 
  • Operating Income              -$3.764 m  which is the "best" in the past 2 years
Clearly comments from some of our BBoard colleagues are correct...things are starting to look better, and a couple of quarters with increasing revenue and decreased costs to turn Operating Income  to POSITIVE, can make the waiting here worthwhile. Perhaps some lingering potential for increased revenue from outstanding cases in Wilan at its sale time, might also become a pleasant boost,
Peace,
Good Decision-making to all,
ElJ
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