Quarterhill Inc T.QTRH

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

Technology Electronic Components

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.

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Quarterhill Inc > Iteris Q3, ending Dec/22

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Comment by IPGutcsion Feb 03, 2023 6:17pm

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Post# 35266168

RE:RE:Iteris Q3, ending Dec/22

From my limited experience isn't high profit margin sometimes risky? Risk pricing yourself out of the market because you end up chasing margins?

cabbieJBJ wrote: ITI up an additional ~6% today.

I like the way Iteris lays out the financials in their press release. Some important metrics that read on QTRH's ETC/IRD operation:

Cost of goods was 70% for the product portion of the business, which is a comparable to ETC/IRD; therefore, margin = 30%. Traditionally, Iteris product margin is in the 40% range.

Applying management's Q4 EBITDA guidance percent (8.7% - 10.0%) to annual revenue ($155M) to factor the effect of atypical materials costs, Iteris trades at a 11.7x - 13.5x mutiple today, based on a $4.25 share price.