Quarterhill Inc T.QTRH

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

Technology Communication Equipment

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

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Post by cabbieJBJon Feb 08, 2024 6:27pm

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Post# 35871245

Iteris

Iteris posted Q3 results today. The stock has been on a bit of a tear this week (+7%). Iteris seems to have turned the corner on profitabilty. The presser is very positive and can be read here:

https://www.businesswire.com/news/home/20240208565886/en/

Prior to Q4-22 (calendar 2023), Iteris was consistenly negative EBITDA. It is truly amazing what a positive EBITDA trend can do...even a small one:

	Q3-23	Q2-23	Q1-23	Q4-22	Q3-22
Total Revenue	$42,129	$43,563	$43,545	$42,440	$40,686

Cost of Revenue	$26,580	$27,299	$26,742	$28,952	$28,886

Gross Profit	$15,549	$16,264	$16,803	$13,488	$11,800

Margin	36.9%	37.3%	38.6%	31.8%	29.0%

General Admin	$5,226	$6,344	$5,801	$5,179	$5,499
Selling	$6,421	$6,236	$6,290	$6,150	$5,780
R&D	$2,858	$2,565	$2,108	$1,965	$2,047
Operating Expenses	$14,505	$15,145	$14,199	$13,294	$13,326

EBITDA	$1,044	$1,119	$2,604	$194	-$1,526

EBITDA Percent	2.5%	2.6%	6.0%	0.5%	-3.8%

Depreciation and Amortization	$650	$651	$651	$650	$651

Operating Income	$394	$468	$1,953	-$456	-$2,177