Quarterhill Investor Presentation May 2023

Quarterhill presented Q4 2022 financial results and operational highlights across its three business divisions: WiLAN (licensing revenue of $146.4mm), ITS (traffic systems with $500mm+ backlog), and ETC/IRD (toll collection). The company reported adjusted EBITDA of $64.6mm and cash from operations of $39.6mm, alongside strategic initiatives including a $4.0mm annual expense reduction and new patent license agreements with major tech companies.