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Quarterhill
(TSX:QTRH)
Quarterhill (QTRH) vs. iShares MSCI Canada ETF (EWC)
Quarterhill Business Overview & Revenue Model
Quarterhill Earnings Call Summary
Quarterhill Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 153.86M | 153.31M | 194.32M | 305.69M | 125.69M | 144.53M |
| Gross Profit | 23.18M | 27.78M | 40.60M | 117.54M | 37.44M | 58.86M |
| EBITDA | -1.78M | 7.96M | -8.92M | -15.67M | 3.90M | 30.53M |
| Net Income | -19.04M | -11.02M | -49.99M | 2.77M | -22.18M | 4.43M |
Balance Sheet | ||||||
| Total Assets | 227.86M | 230.11M | 332.08M | 411.94M | 427.19M | 303.81M |
| Cash, Cash Equivalents and Short-Term Investments | 22.66M | 31.89M | 56.62M | 67.91M | 72.60M | 141.25M |
| Total Debt | 63.13M | 61.07M | 86.54M | 89.94M | 115.90M | 3.76M |
| Total Liabilities | 108.08M | 98.98M | 142.02M | 154.28M | 186.08M | 31.88M |
| Stockholders Equity | 119.78M | 131.12M | 190.06M | 257.66M | 241.12M | 271.93M |
Cash Flow | ||||||
| Free Cash Flow | -9.33M | -9.86M | -23.38M | 30.92M | -19.92M | 32.63M |
| Operating Cash Flow | -3.30M | -4.42M | -27.56M | 39.61M | -13.34M | 35.22M |
| Investing Cash Flow | 5.84M | -1.99M | 27.77M | -10.30M | -158.09M | 41.44M |
| Financing Cash Flow | -4.18M | -4.54M | -9.05M | -42.89M | 108.26M | -19.48M |
Quarterhill Technical Analysis
Quarterhill Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$916.51M | 15.08 | 23.51% | 7.76% | 0.34% | -3.86% | |
68 Neutral | C$233.42M | 63.64 | 1.61% | 2.27% | 9.13% | -77.24% | |
61 Neutral | $36.70B | 12.21 | -10.39% | 1.84% | 8.50% | -7.32% | |
58 Neutral | C$63.34M | 109.23 | 6.61% | ― | 37.78% | -48.82% | |
45 Neutral | $133.22M | ― | -14.86% | ― | 3.11% | 4.00% | |
45 Neutral | C$45.47M | ― | 275.12% | ― | ― | ― | |
| ― | $311.12M | 8.09 | -14.04% | ― | ― | ― |
Quarterhill Corporate Events
Quarterhill Inc. reported its Q2 2025 financial results, showing a revenue increase to $43.1 million, up 4% from the previous year, driven by strong performance in its safety and enforcement unit. Despite this growth, the company faced a net loss of $6.8 million, attributed to cost overruns on tolling projects and increased operating expenses. The company announced a restructuring plan expected to save $12 million annually, alongside efforts to renegotiate tolling contracts and invest in new technology, aiming to enhance financial performance and shareholder value.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill Inc. has announced new international contracts for its weigh-in-motion solutions in Djibouti, Thailand, and South Korea. This marks the company’s first deployment in Djibouti, expanding its presence in East Africa, and highlights the growing demand for its innovative technologies. The Djibouti project, part of a World Bank-funded infrastructure upgrade, features a comprehensive overweight enforcement solution with advanced technology for efficient traffic flow and accurate weight regulation. Repeat orders from Thailand and South Korea validate the reliability of Quarterhill’s systems, which are engineered for durability and accuracy in high-traffic environments, underscoring the company’s commitment to improving roadway safety and efficiency globally.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill Inc. is set to release its Q2 2025 financial results on August 13, 2025, with a conference call and webcast hosted by CEO Chuck Myers and CFO David Charron. This announcement is significant for stakeholders as it provides insights into the company’s financial health and strategic direction within the ITS industry.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill Inc. has announced a workforce reduction of approximately 100 positions, representing about 15% of its total headcount, as part of a strategic initiative to reduce costs and align with long-term priorities. This move is expected to generate annualized cost savings of approximately US$12 million, helping the company accelerate its path toward sustainable positive Adjusted EBITDA and operating cash flow, while positioning itself for long-term growth and improved customer service.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill Inc. announced the receipt of a final short form base shelf prospectus, allowing it to qualify the distribution of up to C$200 million in various securities across Canada, excluding Quebec. This prospectus will enable Quarterhill to access new capital and issue securities for strategic acquisitions, depending on financial needs and market conditions, potentially impacting its operations and market positioning.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill announced the successful transition of approximately one million TxTag user accounts to the Harris County Toll Road Authority’s (HCTRA) back office system, powered by Quarterhill’s advanced RiteHorizon™ technology. This transition is expected to enhance operational efficiency and provide a unified customer service experience for drivers in the Austin and Houston regions, marking a significant step towards streamlined and efficient transportation solutions.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill Inc. has filed a preliminary short form base shelf prospectus in Canada, excluding Quebec, to potentially raise up to C$200 million through various securities over a 25-month period. This move is intended to provide the company with the flexibility to access new capital for strategic acquisitions, depending on its financial needs and market conditions, thereby potentially strengthening its position in the ITS industry.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill Inc. has appointed David Charron as its new Chief Financial Officer, effective June 17, 2025. Charron, with over 15 years of experience in public technology companies, is expected to drive the next phase of growth for Quarterhill, leveraging his expertise in capital markets and mergers and acquisitions. This strategic appointment comes as Quarterhill is in the late stages of its transformation efforts, positioning the company for further expansion and operational excellence in the Intelligent Transportation System industry.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill Inc. reported its Q1 2025 financial results, showing a slight decline in revenue to $33.9 million from $34.9 million in Q1 2024. The company’s adjusted EBITDA was negatively impacted by $3.2 million due to ongoing renegotiations of two tolling contracts. Despite these challenges, Quarterhill secured a $40 million renewal contract to upgrade the Alameda CTC I-580 Express Lanes, with potential expansion valued at $15 million. The company also received a $3.2 million dividend from Wi-LAN Inc., which will positively affect its Q2 2025 financials. Quarterhill remains focused on its turnaround strategy, aiming for long-term success through operational enhancements and technology investments.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.60 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.
Quarterhill has successfully completed and received full system acceptance for the US 290 toll road project and CTRMA 183A Phase III, marking a significant achievement in deploying advanced toll collection systems. This accomplishment not only enhances regional mobility but also reinforces Quarterhill’s reputation as an innovator in tolling technology. The projects, which include automated toll systems and improved traffic flow, are expected to boost economic growth and provide a superior travel experience in the region.
The most recent analyst rating on (TSE:QTRH) stock is a Buy with a C$2.60 price target. To see the full list of analyst forecasts on Quarterhill stock, see the TSE:QTRH Stock Forecast page.