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Quarterhill Inc T.QTRH

Alternate Symbol(s):  QTRHF | T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Comment by Justhalffullon Oct 20, 2021 7:46am
174 Views
Post# 34025912

RE:RE:Ottawa school bus still running

RE:RE:Ottawa school bus still runningSurprised you are not a little more concerned about the failure to deliver by this management.  It is now October 20, so we have 72 days left in 2021.
As of June 30, QTRH was $134,000,000 short of 2019 revenues, and $106,000,000 short of 2020 revenues.  Their cash on hand has fallen to just around $45,000,000, and they now have debt over $75,000,000.   There has been little indication of any major revenue producing activity since June 30.  A license agreement with PSMC, one with the Auto Industry, and the Motorola signing.  No indication of the value, but obviously not near the $100 million plus needed to match prior year revenues.   The 3 or 4 IRD signings are miniscule.  Perhaps $5 to $7 million in revenue spread over how many years.  And how much did they spend buying the Wopden and Innovative Memory patents.  The lack of transparency of this outfit is mind boggling.  And what is with the 9 Wi-Lan subsidiaries, the fiancial details of which we have never received any information.    And I don't hate Skippen.  Don't even know the chap.  He did, however, buy the school bus for the Elmwood School, an Ottawa area school for girls.   Just a co-incidence I guess that his children go to school there.  All I have to do is look at the track record over the past few years to find a reason to have no confidence in these guys.  It's just the Apple case that keeps me around.  I sold most of my holdings years ago.
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