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

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TSX:QTRH - Post Discussion

Quarterhill Inc > cash burn last year

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Post by Tsmith on Oct 12, 2023 7:54pm

cash burn last year

Cash used in continuing operations for the three and six months ended June 30, 2023, was $10.2 million and $18.7 million, compared to $45.1 million and $51.4 million in the comparative prior year periods, respectively.

Question what was all that cash used for last year. ? No wonder why Wi-lan was not profitable.
Good thing going foward there will not be as much cash burn
New board members and Ceo must be aware of all that cash burn.

With the one hunderd million working capital. Do you think we will by another company if so what companies will they have thier eye on or would there be a possible merger

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Comment by Homework on Oct 12, 2023 11:35pm

Most people on this board have done their homework......as it relates to Qtrh. If you're truly invested in Qtrh then you should get past info from their quarterly transcripts.........or give Dave Mason their IR rep...a call............it's time to do your homework...........lol.........

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