Quarterhill Inc T.QTRH

Q1/23 Rekor

[wanttoknowwhy]

Key Financial Results

• Revenue: US$6.19m (up 71% from 1Q 2022).
• Net loss: US$12.7m (flat on 1Q 2022).
• US$0.23 loss per share.

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 57% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.

https://simplywall.st/stocks/us/software/nasdaq-rekr/rekor-systems/news/rekor-systems-first-quarter-2023-earnings-misses-expectation

- Rekor sp  US $2.28 or about  $3 CD 

-Revenue is expected to grow 57% on average for next 2 years.

Now look at QTRH:

- sp $1.48 CD

- If $500M annual revenue could be achieved by 2025300% growth), with 15% margin /15 multiple, ,SP could be $ >$9 CD or about  $6.7 USD (about 600% increase). High probability in my view.

-Now QTRH has everything  to run (government funding, markets/opportunities, state of art technologies, world class assets,  great track records, about >$600 m revenue backlog  etc). Now it's time for new management  to show the capability to deliver..

good luck

[Socrates1]

Sadly QTRH is not in the same category...... yet

[cabbieJBJ]

I'm greatful for that Socrates 

[Socrates1]

Greatful for the price lower or the unknown ahead?  I'll take that price with 800k + daily volume from which bailing would have been a breeze, unlike QTRH in which I  am locked in due to NO volume or any meaningful liquidity!  REKOR on the naz.... 2.28 0.5 |  28.09% Bid:  2.21 x 100 Ask:  2.27 x 200 Volume: 823,805

[cabbieJBJ]

No sure what business Rekor is in Socrates.  Very little revenue - +500% in 3/5ths of nothing; huge expenses.  I think they're in the "hype" business with a stock that goes way up and way down, sometimes on little news, but usually on no news.  Your frustration with QTRH is understandable, but there is no comparision to be made between QTRH and REKR. 

[Socrates1]

Could use some hype with QTRH so I  could unload it @ let's say 4_5 bucks and Never look back! Do not need so much drama and miss steps after bloody miss steps! I am retired and would love to actually enjoy money's invested and not worrie about it! CONSTANTLY! The PATIENCE is very tired and has zero room for more b's aka. life of a shareholder in QTRH! You guys can wait it out

[Socrates1]

Here Cabbie... Rekor Systems, Inc. is engaged in intelligent infrastructure. The Company is focused on addressing critical challenges across transportation management, public safety and key commercial markets. With a real-time intelligence platform driven by deep access to data, artificial intelligence (AI)-powered software and smart optical devices at-the-edge, the Company combines its industry

[cabbieJBJ]

Thanks Socrates. Now I'm in the no.