QTRHF Stock Financial Analysis - Quarterhill Inc. (OTCPK) Stock

Overview

Quarterhill Inc. is a Canadian company primarily engaged in the acquisition, management, and licensing of intellectual property (IP). Headquartered in Ottawa, Ontario, Quarterhill operates predominantly through its subsidiaries in technology and patent licensing within the fields of communication and networking. The company strategically focuses on IP-related opportunities, leveraging its portfolio of patents and innovations developed in-house or acquired to generate revenue. Its business model emphasizes monetization strategies such as patent licensing deals, intellectual property rights management, and, if necessary, IP litigation to defend its assets. This approach allows Quarterhill to serve a diverse range of industries, including telecommunications, automotive, and digital media, capitalizing on advancements in technology and new applications of existing patents.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Quarterhill Inc. as of June 30, 2025 is 153.86 MM.
The operating income for Quarterhill Inc. as of June 30, 2025 is -21.85 MM.
The net income for Quarterhill Inc. as of June 30, 2025 is -19.04 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	153.86	-21.85	-19.04
2025-03-31	152.30	-17.31	-15.17
2024-12-31	153.31	-13.55	-11.02
2024-09-30	157.24	-13.18	-25.14
2024-06-30	153.43	-9.02	-20.05
2024-03-31	150.54	-7.11	-38.86
2023-12-31	143.99	-10.72	-46.20
2023-09-30	130.70	-13.45	-49.57
2023-06-30	129.14	-14.95	-55.84
2023-03-31	118.20	-23.82	-51.56
2022-12-31	159.33	-29.53	2.77
2022-09-30	170.35	-26.17	13.34
2022-06-30	164.51	-25.82	21.05
2022-03-31	144.15	-22.46	39.01
2021-12-31	125.69	-21.66	-22.18
2021-09-30	92.63	-31.62	-22.87
2021-06-30	144.28	5.64	3.66
2021-03-31	142.25	7.01	19.51
2020-12-31	144.53	7.88	18.68
2020-09-30	174.73	33.21	35.26
2020-06-30

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31	-0.13	-0.13
2024-12-31	-0.10	-0.10
2024-09-30	-0.22	-0.22
2024-06-30	-0.19	-0.18
2024-03-31	-0.36	-0.36
2023-12-31	-0.40	-0.40
2023-09-30	-0.43	-0.43
2023-06-30	-0.49	-0.49
2023-03-31	-0.45	-0.45
2022-12-31	0.02	0.02
2022-09-30	0.12	0.12
2022-06-30	0.18	0.19
2022-03-31	0.34	0.36
2021-12-31	-0.19	-0.19
2021-09-30	-0.20	-0.19
2021-06-30	0.03	0.03
2021-03-31	0.17	0.17
2020-12-31	0.16	0.16
2020-09-30	0.30	0.29
2020-06-30	0.19	0.19

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Quarterhill Inc. as of June 30, 2025 is -3.30 MM.
The cash from investing activities for Quarterhill Inc. as of June 30, 2025 is 5.84 MM.
The cash from financing activities for Quarterhill Inc. as of June 30, 2025 is -4.18 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	-3.30	5.84	-4.18
2025-03-31	2.07	-1.72	-4.60
2024-12-31	-4.42	-1.99	-4.54
2024-09-30	-13.32	-5.39	-5.09
2024-06-30	-9.58	-7.68	-4.61
2024-03-31	-20.64	22.17	-5.70
2023-12-31	-18.41	21.38	-6.72
2023-09-30	-20.33	19.97	-6.93
2023-06-30	-40.06	18.50	-23.61
2023-03-31	28.20	-9.31	-31.92
2022-12-31	39.61	-10.30	-42.89
2022-09-30	43.47	-12.57	-0.48
2022-06-30	59.43	-160.52	96.19
2022-03-31	-16.67	-158.08	107.50
2021-12-31	-13.34	-158.09	108.26
2021-09-30	14.62	-154.38	62.84
2021-06-30	28.76	-8.05	-25.56
2021-03-31	20.30	41.79	-17.59
2020-12-31	35.22	41.44	-19.48
2020-09-30	3.47	45.01	-16.43
2020-06-30

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/book for Quarterhill Inc. as of June 30, 2025 is 1.19.
The p/tbv for Quarterhill Inc. as of June 30, 2025 is 9.53.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30		1.19	9.53
2025-03-31		1.12	6.75
2024-12-31		1.10	6.46
2024-09-30	-6.73	1.07	5.73
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Quarterhill Inc. as of June 30, 2025 is -0.08.
The ebit (3y)/ev for Quarterhill Inc. as of June 30, 2025 is -0.01.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	-0.08	-0.01
2025-03-31	-0.06	-0.21
2024-12-31	-0.12	-0.08
2024-09-30	-0.11	0.02
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30

Management Effectiveness

The roa for Quarterhill Inc. as of June 30, 2025 is -0.06.
The roe for Quarterhill Inc. as of June 30, 2025 is -0.11.
The roic for Quarterhill Inc. as of June 30, 2025 is -0.08.
The croic for Quarterhill Inc. as of June 30, 2025 is -0.02.
The ocroic for Quarterhill Inc. as of June 30, 2025 is 0.01.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	-0.06	-0.11	-0.08	-0.02	0.01
2025-03-31	-0.05	-0.08	-0.06	-0.06	-0.02
2024-12-31	-0.08	-0.13	-0.13	-0.12	-0.07
2024-09-30	-0.06	-0.10	-0.11	-0.11	-0.06
2024-06-30		-0.17
2024-03-31		-0.25
2023-12-31			-0.32	-0.06
2023-09-30			-0.36	-0.28
2023-06-30		-0.28
2023-03-31		-0.24
2022-12-31
2022-09-30		0.00
2022-06-30		0.00	0.00
2022-03-31		0.00
2021-12-31
2021-09-30	0.00	0.00
2021-06-30	0.01		0.01	-0.08	0.11
2021-03-31	0.06	0.07	0.07	0.09	0.08
2020-12-31	0.07		2.56	6.57	4.84
2020-09-30	0.15	0.17	0.12	0.11	0.02
2020-06-30	0.10	0.12	0.08	0.11	-0.06

Gross Margins

The gross margin for Quarterhill Inc. as of June 30, 2025 is 0.17.
The net margin for Quarterhill Inc. as of June 30, 2025 is -0.10.
The operating margin for Quarterhill Inc. as of June 30, 2025 is -0.11.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.17	-0.10	-0.11
2025-03-31	0.18	-0.07	-0.09
2024-12-31	0.18	-0.16	-0.08
2024-09-30	0.20	-0.14	-0.06
2024-06-30
2024-03-31
2023-12-31
2023-09-30		-0.24	0.18
2023-06-30		-0.24	0.18
2023-03-31		-0.38	-0.30
2022-12-31
2022-09-30
2022-06-30		0.00	0.00
2022-03-31
2021-12-31
2021-09-30
2021-06-30	0.40	0.03	0.05
2021-03-31	0.41	0.14	0.06
2020-12-31	0.41	0.13	0.05
2020-09-30	0.48	0.20	0.19
2020-06-30	0.55	0.18	0.02

DE:WJL	€0.79
CA:QTRH	CA$1.30