…
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.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
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.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| 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 |
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 |
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.
| 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.