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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

Comment by BuyNmonitoron Nov 15, 2024 3:34pm
90 Views
Post# 36315548

RE:RE:RE:REKR Q3

RE:RE:RE:REKR Q3REKR's ugly balance sheet and cash flows continue into the third quarter.  It had funded debt of $28.3 million at quarter end ($2.75 converted to shares after quarter end).  Granted, it had a cash balance of $11 million.  Earnings are still no where near coveing interest expense of $0.5 million per quarter (still running at a significant quarterly loss before depreciation and interest expense).  Cash used in operations before working capital were negative $9.9 million in the third quarter; $26 million during the first nine months.  Cash used in working capital of $1.5 million during the first nine months.  The cash balance might burn away at this rate.  There are 91 million shares, 4.3 million warrants, 0.7 million share options and 2.4 million RSU's.  The share price is still well above 5 cents presumably due to the contracts pending implementation referred to in the press release.  I think I stll prefer QTRH.
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