RE:RE:Questions About QTRH Thanks for the info cabbie.
"...We believe that if we increase the share of our revenue derived from recurring sources we will also increase the predictability of our revenues and cash flows. This will allow us to better scale our operations to ensure we meet our strategic mandate of operating profitably regardless of the prevailing economic market conditions as we grow both organically and through acquisitions...."
"...We have predictable and recurring revenue streams derived from selling ITS systems, products and solutions through long-term customer relationships and recurring service contracts. Our businesses offer a portfolio of integrated hardware and software to detect, measure and analyze a variety of transportation metrics which produces a valuable source of analytics and telematics for users...."
"...Our revenue streams consist of revenues earned on contracted projects, which are generally recognized over time, product sales, hardware and software system implementations, and service and maintenance contracts. Service and maintenance projects generally range from one to five-year terms but can be renewed with some contracts that could reach up to ten years or more. For project-based work, revenues will routinely vary significantly depending on the timing and nature of the specific projects underway in each reporting period...."
I think recurring revenue streams are a huge advantage for tech companies that can derive a larger % of their total revenues from them moving forward as the cost of imputs to produce products can be unpredictable and are largely one-time sales.I like companies like VHI and KSI where a high % of their revenues are recurring as they are SaaS companies. QTRH's share price looks attractive to me at current levels, so I'm considering it.