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Quarterhill Inc QTRHF


Primary Symbol: T.QTRH Alternate Symbol(s):  T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Comment by cabbieJBJon May 02, 2024 2:06pm
199 Views
Post# 36019981

RE:Volume last two days has dried up.

RE:Volume last two days has dried up.Everyone is anxious about the lack of new business awards on the tolling side, me included. 

There is some solace from the fact that the Q4 backlog increased to $520M USD versus $500M USD in Q3, as this probably means there were awards/renewals within the current customer base.  That said, this is insufficient to meet the revenue goals for F2024, which management broadly inferred as at least 15-20% growth on the call.  There is a fairly complete discussion on top line on the Q4 call, in response to Todd Coupland's question.  This discussion starts at ~30:00 minute mark
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