Quarterhill Inc T.QTRH

Doug’s expectations

[v_guerriero]

Before Market | Quarterhill Inc. (QTRH-TSX) | Doug Taylor | CG EBITDA $4.1M | Street EBITDA $2.4M Potential Catalysts/Comments:

ITS ramp for balance of 2022 and into 2023

WiLAN strategic review update

Outlook on IRD/ETC cost synergies to be realized in 2023

M&A pipeline within ITS segment
 

VGs expectations
- Negative EBITDA
- Dougie has the highest EBITDA expectations and will be very disappointed.  Could cut below $2.00 target.

[cabbieJBJ]

First #toddknows, until he didn't share your view weegee.  To the trash can Todd. Now #dougknows doesnt share your view. Open the gargabe lid! What's next, #weegeeknows?  Oh, we can only hope.

[Aristotle007]

Doug must be following the discussion on the Quarterhill google board, especially with regards to ramp up and margins. Here's a post from a few days ago (I think there is a typo as the the backlog is C$1B, not C$1M): Further to Mark's question, for me Q3 is mostly about margins and resultant profitability.   ETC's revenue backlog is north of C$1M and it has shown its

[Aristotle007]

In the same thread, there were two additionals exchanges: Poster: Thanks so much for your input on Quarterhill it is much appreciated. I just can't understand why the stock keeps dropping. Reply: ...there are 2 reasons imo. First, the market is waiting on resolution of the Wilan situation and second, wants to see a pathway to profitability on the ITS  portfolio. A lesser but important

[Socrates1]

How inconsiderate of you Aristotle.......... ruining peoples day with facts.................. lol

[cabbieJBJ]

Very LOL

[v_guerriero]

You may find this exchange amongst your aliases as comical. The reality is negative momentum is hard to reverse.  And most tech companies are feeling pain.  I don't think people understand ITS and how interest rate sensitive it is.  The cost to finance the building of a new highway was tripled in the last 9 months.  Any reasonable politician would wait until inflation

[mrmoribund]

VG, I actually have to commend you for your "You may find . . ." post because it's one of the few VG posts I can recall which actually strikes me as balanced. You're right about the dangers of too much debt and I think management is alert to that--hence their patience re further acquisitions (until sellers let go of 2021 now-fantasy prices). Hence, also, their resistance to

[cabbieJBJ]

Mrmoribund, thanks for your post. I relistened to the Q2 call after reading your post.  While to some degree the margin discussion was a bit like grabbing a cloud, I think the direction of management’s commentary and Q&A answers were a bit more positive to my ears than your post suggests.  I don’t plan to debate on this board, but I do suggest anyone interested should do their own

[cabbieJBJ]

The comments Aristotle posted from the Google board were mine. If Todd/Canaccord is right, and the factors are similar to my contract/margin ramp up assumptions I posted on there, QTRH may be in a good place on Thursday.  Of course it's not a certainty, but if Canaccord is right, even directionally, the market may see an upgrade on QTRH and strengthened confidence from the remainiing