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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 Jun 13, 2024 9:22am
191 Views
Post# 36086748

RE:RE:RE:Questions for CEO

RE:RE:RE:Questions for CEOThanks homework.  US$240M in 2025 requires a 29% CAGR from US$144M in 2023.  Now, QTRH needs revenue news to give substance to a US$240M target.  Luckily, the show-me analysts covering QTRH only have a +8%  target for 2024 - meaning any kind of solid revenue announcemnts shoudl move up the share price.

I like your indigestion metaphor.  There are not many that would disagree with you that QTRH overpaid for ETC.  Bret Kidd and his masters at Align Capital were quite successful at putting lipstick on a pig.  That said, ETC did provide an entry into a high growth market segment and did come with a competitive advantage on technology - somehting that would have been very diffficult to achieve from scratch.

So we are where we are.  Another technology announcement this morning while investors await visibility on revenue.
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