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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 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

Comment by BuyNmonitoron Nov 09, 2024 8:38am
198 Views
Post# 36304521

RE:RE:RE:The call was disappointing

RE:RE:RE:The call was disappointingAgree completely DIYGuy.  Also, I finished a deeper dive of the third quarter results last night; when you normalize out the $4 million reserves, the story is quite positive in terms of revenue growth and sales margins.  And the reserves taken now mean next quarter will have a better chance of nice sequential comparisons and next year will have a better chance of nice year over year comparisons.  I wonder if taking the reserves was just a way to moderate expectations arising from reporting Q3.  If the one contract gets repriced upwards as part of normal inflation and other negotiations, part of the reserve will have turned out not to be needed.  The fact that the two applicable contracts are operating, but merely waiting for final project integrations and formal sign off by municipalities is encouraging.  Once that happens, QTRH can collect some of the unbilled revenue sitting on the balance sheet.  The management team has been busy working on several projects, so more progress is likely over the coming months; removing some of the old issues (eg China JV) will also allow for greater focus going forward.
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