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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 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

Post by v_guerrieroon May 10, 2023 6:53am
337 Views
Post# 35440101

Burning more than $5M of cash per month

Burning more than $5M of cash per month

They burned $16M of cash in 3 months, more than $5M of cash per month.

They cut the $5M yearly dividend giving them an extra month of operating cash at this burn rate.

They cut the only thing that out a floor under the stock.  

They now have 11 months of cash left.

Dumpster Fire.  Today will be rough.  

Now will have to accept whatever they can get for WiLan to stop that cash burn.  

 

 

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