Quarterhill Inc

Chart & Performance

D1W1MN

P/E

—

P/S

0.93

EPS

—

Div Yield, %

1.58%

Shrs. gr., 5y

-0.66%

Rev. gr., 5y

13.01%

Revenues

194m

-36.43%

Net income

-50m

CFO

-28m

Dividend

Mar 30, 20230.0125 CAD/sh

Earnings

Mar 13, 2025

Profile

Quarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries worldwide. Its Licensing segment includes patents relating to wireless communications, memory interface technologies, semiconductor manufacturing and packaging technologies, wired connectivity, automotive applications, computer gaming, intelligent personal assistant technologies, enhanced image processing, streaming video technologies, non-volatile Flash memory, DRAM and other memory technologies, and semiconductor analog circuitry technologies. The company's Intelligent Systems segment provides international road dynamics products and services, such as red light and speed enforcement systems, automated truck weigh stations; toll road systems and equipment; traffic management and safety systems; VectorSense, a tire sensor suite; Vehicle Information-In-Motion, a traffic intelligence system; integrated traffic control systems; permanent and portable slow speed weigh-in-motion systems; portable wheel load scales; traffic data collection products; vehicle and axle detection equipment; and automated vehicle identification services and equipment, and other hardware and software products and offerings for the intelligent transportation systems industry. This segment serves through direct salespeople, distributors, agents, contractors, and systems integrators. 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.

URL

http://www.quarterhill.com/

IPO date

Oct 28, 1999

Employees

604

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	194,316 -36.43%	305,690 143.20%	125,695 -13.03%
Cost of revenue	161,151	190,693	90,632
Unusual Expense (Income)
NOPBT	33,165	114,997	35,063
NOPBT Margin	17.07%	37.62%	27.90%
Operating Taxes	10,024	11,053	(4,546)
Tax Rate	30.22%	9.61%
NOPAT	23,141	103,944	39,609
Net income	(49,995) -1,907.48%	2,766 -112.47%	(22,183) -600.97%
Dividends	(2,866)	(5,693)	(5,648)
Dividend yield	1.28%	3.15%	1.83%
Proceeds from repurchase of equity	(2,951)		(1,604)
BB yield	1.32%		0.52%
Debt
Debt current	5,405	31,903	5,347
Long-term debt	88,806	70,300	118,345
Deferred revenue		3,913	4,189
Other long-term liabilities	6,727	1,786	9,441
Net debt	27,054	26,545	43,637
Cash flow
Cash from operating activities	(27,560)	39,613	(13,340)
CAPEX	(2,214)	(8,689)	(6,583)
Cash from investing activities	27,775	(10,298)	(158,091)
Cash from financing activities	(9,052)	(42,888)	108,263
FCF	15,483	102,464	14,332
Balance
Cash	56,621	67,907	72,597
Long term investments	10,536	7,751	7,458
Excess cash	57,441	60,374	73,770
Stockholders' equity	14,696	206,702	191,179
Invested Capital	268,627	291,940	296,176
ROIC	8.26%	35.35%	18.29%
ROCE	11.71%	32.45%	9.33%
EV
Common stock shares outstanding	114,776	114,390	114,014
Price	1.95 23.42%	1.58 -41.48%	2.70 5.47%
Market cap	223,813 23.83%	180,736 -41.29%	307,837 2.77%
EV	250,868	207,281	351,474
EBITDA	48,965	144,609	58,442
EV/EBITDA	5.12	1.43	6.01
Interest	6,828	10,024	2,328
Interest/NOPBT	20.59%	8.72%	6.64%