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Company price
2.83 CAD -0.03 ( 1.05%)
Last update at 2026-11-04T18:40:00Z
VOLUME
121779
Market Cap
167.78M

Momentum Score

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Quarterhill Inc., together with its subsidiaries, provides tolling and mobility systems and solutions in the United States, Thailand, Germany, Canada, South Korea, Belgium, France, Chile, and internationally. The company offers in-road sensor and above-ground AVDC, performance measurement, system monitoring, business intelligence, image-based processing, and transit event processing and capture; self-service and ERP/CRM commerce and mobility platforms; and system performance audit, violation enforcement, and digital video audit. It also provides portable scales, WIM controllers, weigh-in-motion, over-dimension, and AI and machine vision; bicycle and vehicle data, radar speed signs, and vulnerable road user, vehicle, and radar detection; and TRS plus, traffic A.C.E.+, icoms analytics, and VI2M, as well as tire, bicycle, toll, and axle sensors. In addition, the company offers congestion charging, performance management, insights and analytics, processing systems, and lane configuration; toll interoperability, mobility marketplace, and back office; maintenance, e-screening, tire anomaly detection, weight compliance, and commercial roadside technologies; multi-modal data and intersection management; and video-based systems, traffic recording and in-road sensor systems, and cloud-based solutions. Its products are used in tolling, safety and enforcement, and logistics industries. The company was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in June 2017. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.

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Day Price Range
2.82
Low
2.91
High
52 Week Price Range
0.89
Low
1.66
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Quarterhill Inc is a Toronto-listed holding company focused on monetizing technology assets through intellectual-property licensing while expanding into connected-vehicle and IoT businesses. Long-term growth may be supported by patent monetization, commercialization of mobility/IoT assets and selective acquisitions that could build recurring revenue and exposure to secular connected-technology trends.
The company faces material risks from volatile, litigation-dependent licensing revenues, execution challenges scaling newer technology businesses and the possible need for additional capital.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.86
Dividend Yield
-
Revenue TTM
155.17M
Revenue Per Share
1.33
Gross Profit TTM
32.83M
Debt / Equity
0.72
ROE
-50.72%
Net Debt
34.85M
ROCE
-19.78%
Diluted EPS TTM
-0.63

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -55.35M -9.97M -33.78M 13.82M -26.73M
Net income -55.36M -11.02M -49.99M 2.77M -22.18M
Selling general administrative 38.82M 28.49M 26.40M 53.52M 33.34M
Gross profit 22.24M 27.78M 40.60M 117.54M 37.44M
Reconciled depreciation 10.97M 11.46M 11.91M 29.61M 23.38M
Ebit -17.92M -3.50M -24.72M 42.05M -19.48M
Ebitda -6.76M 7.96M -8.92M 71.66M 3.90M
Depreciation and amortization 11.16M 11.46M 15.80M 29.61M 23.38M
Operating income -17.92M -15.94M -24.11M 42.05M -19.48M
Other operating expenses 175.81M 169.24M 218.43M 273.82M 147.35M
Interest expense 6.25M 6.47M 6.71M 10.02M 2.33M
Tax provision 0.01M 1.05M 7.56M 11.05M -4.55M
Interest income 0.18M 3.33M 1.04M 6.25M 0.95M
Net interest income -5.96M -5.93M -5.79M -8.94M -2.16M
Extraordinary items - 0.00M -13.79M - 0.00M
Income tax expense 0.01M 1.05M 10.02M 11.05M -4.55M
Total revenue 157.89M 153.31M 194.32M 305.69M 125.69M
Total operating expenses 40.16M 43.72M 64.71M 85.67M 59.09M
Cost of revenue 135.65M 125.53M 153.72M 188.15M 88.26M
Total other income expense net -37.43M 5.96M -9.66M -28.23M -7.25M
Net income from continuing ops -54.41M -11.02M -33.02M 2.77M -22.18M
Net income applicable to common shares - -11.02M -46.20M 2.77M -22.18M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 190.67M 230.11M 332.08M 411.94M 427.19M
Intangible assets 76.41M 78.37M 104.80M 141.34M 151.35M
Other current assets 5.54M - 6.35M 13.38M 8.67M
Total liab 107.38M 98.98M 142.02M 154.28M 186.08M
Total stockholder equity 83.29M 131.12M 190.06M 257.66M 241.12M
Deferred long term liab - - - - 1.52M
Other current liab 8.41M 3.19M 9.67M 26.67M 17.26M
Common stock 316.82M - 427.15M 546.48M 544.35M
Capital stock 317.39M 314.63M 427.15M 546.48M 544.35M
Retained earnings -376.82M -323.10M -423.28M -356.24M -353.31M
Other liab - - - - 19.48M
Good will 0.00M 30.96M 38.45M 56.38M 53.06M
Other assets - - - 28.70M 40.76M
Cash 24.80M 31.89M 56.62M 66.36M 70.75M
Cash and equivalents - - - 66.36M 70.75M
Total current liabilities 100.03M 73.15M 54.16M 88.49M 56.04M
Current deferred revenue 9.42M - 7.69M 8.54M 7.99M
Net debt 34.85M 22.33M 29.92M 23.58M 45.15M
Short term debt 56.37M - 5.41M 31.90M 5.35M
Short long term debt 54.28M 38.95M 2.82M 29.29M 3.18M
Short long term debt total 59.65M - 86.54M 89.94M 115.90M
Other stockholder equity 129.30M - 171.83M 50.96M 49.94M
Property plant equipment - - - 17.24M 13.46M
Total current assets 96.25M 102.03M 158.77M 160.00M 161.10M
Long term investments 3.92M 3.92M 10.54M 7.75M 7.46M
Net tangible assets - - - - 36.70M
Short term investments - 0.00M 0.00M 1.55M 1.85M
Net receivables 57.00M 20.72M 81.54M 65.04M 66.49M
Long term debt - 15.27M 73.55M 48.38M 104.93M
Inventory 8.91M 10.14M 14.26M 13.67M 13.73M
Accounts payable 25.84M 17.90M 31.39M 21.38M 25.45M
Accumulated other comprehensive income 14.00M - 14.36M 16.46M 0.14M
Non currrent assets other 1.17M - -103.53M 3.59M 2.97M
Non current assets total 94.42M 128.08M 173.31M 251.94M 266.09M
Capital lease obligations 5.48M 6.84M 10.18M 12.27M 7.79M
Long term debt total - - - 58.03M 110.55M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -1.99M 21.64M -10.30M 4.00M
Change to liabilities - - - 5.51M 16.46M
Total cashflows from investing activities -6.47M -1.99M 27.77M -10.30M -158.09M
Net borrowings -6.12M -4.54M -4.57M - 115.52M
Total cash from financing activities -6.23M -4.54M -9.05M -42.89M 108.26M
Change to operating activities - - - -2.42M -0.38M
Net income -55.36M -11.02M -43.80M 2.77M -22.18M
Change in cash -8.60M -10.84M -9.74M -4.39M -64.95M
Begin period cash flow 33.40M 42.73M 66.36M 70.75M 135.70M
End period cash flow 24.80M 31.89M 56.62M 66.36M 70.75M
Total cash from operating activities 7.01M -4.42M -27.56M 39.61M -13.34M
Depreciation 11.16M 11.46M 15.80M 29.61M 23.38M
Other cashflows from investing activities - 12.02M 1.60M -1.61M -1.68M
Dividends paid - 0.00M -2.87M 5.69M 5.65M
Change to inventory 1.24M 0.62M -2.10M 0.06M -5.21M
Change to account receivables -2.27M 5.73M -19.91M 6.21M -7.41M
Sale purchase of stock - 0.00M -3.06M 1.15M -2.06M
Other cashflows from financing activities -2.57M -1.63M -0.03M 1.15M 131.14M
Change to netincome - - - - -7.15M
Capital expenditures 0.69M 5.43M 2.21M 8.69M 6.58M
Change in working capital 8.92M 2.41M -17.02M 4.19M -7.38M
Stock based compensation 6.16M 2.53M 1.25M 1.88M 1.96M
Other non cash items 42.89M -10.40M 7.04M -8.71M -3.25M
Free cash flow 6.32M -9.86M -23.38M 30.92M -19.92M

Peer Comparison*

Sector: Technology Industry: Communication Equipment

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
QTRH
Quarterhill Inc
-0.03
1.05%
2.83 - 75.76 1.08 1.51 1.04 4.04
CSCO
Cisco CDR (CAD Hedged)
-0.06
0.12%
48.98 33.22 19.38 6.05 7.41 6.11 21.22
TSAT
Telesat Corp
-0.99
1.75%
55.65 - - 8.47 1.94 9.70 55.00
ET
Evertz Technologies Limited
-0.10
0.75%
13.21 20.62 18.05 2.46 6.38 2.43 12.14
VCM
Vecima Networks Inc.
-
-%
12.92 - 12.53 1.17 1.53 1.41 19.77

Profile*

Quarterhill Inc

Quarterhill Inc., together with its subsidiaries, provides tolling and mobility systems and solutions in the United States, Thailand, Germany, Canada, South Korea, Belgium, France, Chile, and internationally. The company offers in-road sensor and above-ground AVDC, performance measurement, system monitoring, business intelligence, image-based processing, and transit event processing and capture; self-service and ERP/CRM commerce and mobility platforms; and system performance audit, violation enforcement, and digital video audit. It also provides portable scales, WIM controllers, weigh-in-motion, over-dimension, and AI and machine vision; bicycle and vehicle data, radar speed signs, and vulnerable road user, vehicle, and radar detection; and TRS plus, traffic A.C.E.+, icoms analytics, and VI2M, as well as tire, bicycle, toll, and axle sensors. In addition, the company offers congestion charging, performance management, insights and analytics, processing systems, and lane configuration; toll interoperability, mobility marketplace, and back office; maintenance, e-screening, tire anomaly detection, weight compliance, and commercial roadside technologies; multi-modal data and intersection management; and video-based systems, traffic recording and in-road sensor systems, and cloud-based solutions. Its products are used in tolling, safety and enforcement, and logistics industries. The company was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in June 2017. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.

North Tower, Toronto, ON, Canada, M5J 2J2

416-247-9652

417

Name Title Year Born
Mr. Bret Kidd Pres, CEO & Director 1968
Mr. Prashant R. Watchmaker Sr. VP, Gen. Counsel & Corp. Sec. NA
Mr. Rish Malhotra CEO & Pres of International Road Dynamics NA
Mr. John H. Karnes Jr. Chief Financial Officer 1962
Mr. Andrew Parolin CEO & Pres of WiLAN NA
Mr. Paul Sunderland Interim Pres & CEO of VIZIYA NA
Mr. Kevin Holbert Pres & CEO of ETC NA
Mr. Paul Richman Sr. Advisor to Board of Directors 1943
Mr. Charles Myers CEO & Director 1962
Mr. Kyle Chriest Chief Financial Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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