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Bullboard - Stock Discussion Forum 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... see more

TSX:QTRH - Post Discussion

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Post by Patroller on Jul 25, 2022 9:01am

IRD

Good contract 13.8 million New York contract.
Comment by redcoats on Jul 25, 2022 10:28am
Especially when you apply the up to ten time legacy multiples to these contracts. As well, there's very often spin off contracts, and reputational contracts that follow from other entities after a sizable deal with a high profile purchaser such as this. Kind of, feather in the reputational cap contracts.
Comment by cabbieJBJ on Jul 25, 2022 12:38pm
Since the iTHEIA system is proprietary, only IRD can maintain it; so this reads like a long term committment by NYS and long term revenue for IRD.  In the broader sense, street chatter when NYC awarded the traffic congestion contract to TransCore was that they wanted ETC to participate but ETC was not in a position to do so.  As a result of this IRD award, it enhances QTRH reputation and ...more  
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