Quarterhill Inc T.QTRH

TTI digital magazine/Chuck Myers interview

[cabbieJBJ]

https://tti.mydigitalpublication.co.uk/june-2024?m=63358&i=822903&p=12&ver=html5

Includes an interview piece with Chuck Myers (pages 10 to 12 + Ad page 2) .  The last paragraph is very, very clear on Quarterhill's growth objective:

After consolidating previously siloed companies under one structure, Myers says the new focus is on developing “the plan to grow it and start new implementations. We’re going to roadmap our AI implementation over the next year. We want to double the size of the business in the next three years. We want to be a leader in each of our markets.””

[DIYGuy]

Thanks for sharing. I firmly believe we finally have the right guy in charge.  Double the size of the business can mean a lot of things. I believe each quarter we will start to see incremental progress going forward and once the market believes in what they are doing we will be priced on forward looking projections instead of the current "I'll believe it when I see it".

[cabbieJBJ]

I agree DIYGuy.  Here's the deal - analysts project 2024 QTRH revenue at +7.7% and 2025 at 11.4%. To meet management's goal QTRH needs +25% per annum.  At some point, provided QTRH is successful in building revenue above analysts' estimates, there will be upgrades.  Additionally there may be a case to increase the mutiple, which is currently hovering around 10x forward

[ChiChi3]

As always, thanks for sharing Cabbie.  I think those revenue growth targets are pretty aggressive (as are the double in 3 years).  By my estimatation you don't need either to have sizeable share appreciation from here. But, if we do use your estimates for revenue growth, those are double the analyst estimates but shouldn't your AEBITDA at least double as well?  Unless there

[cabbieJBJ]

Check your inbox Chi

[Socrates1]

If the market belives?  Are you serious? Why do they THE MARKET have a $2.60 target that only exist for what reason? Insiders are the only buyers?  Nobody else loaded up or will touch this hot potatoe until CLEAR  message is sent by our CEO.... When thou? That is the question people! Time is money.... What is your timeline for that? Nobody knows......