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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

Post by Tsmithon Oct 12, 2023 7:54pm
189 Views
Post# 35681489

cash burn last year

cash burn last year

Cash used in continuing operations for the three and six months ended June 30, 2023, was $10.2 million and $18.7 million, compared to $45.1 million and $51.4 million in the comparative prior year periods, respectively.

Question what was all that cash used for last year. ? No wonder why Wi-lan was not profitable.
Good thing going foward there will not be as much cash burn
New board members and Ceo must be aware of all that cash burn.

With the one hunderd million working capital. Do you think we will by another company if so what companies will they have thier eye on or would there be a possible merger
 
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