Financials in CAD. Standardized financial statements.
A compact view of how Quarterhill Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $157.89M | $106.53M | $194.32M | $159.33M | $125.69M | $144.53M | $172.93M | $100.32M | $174.86M | $124.83M |
| Revenue Growth? | +48.2% | -45.2% | +22.0% | +26.8% | -13.0% | -16.4% | +72.4% | -42.6% | +40.1% | 0.0% |
| Cost of Revenue? | $135.65M | $87.23M | $153.72M | $137.71M | $111.64M | $85.67M | $121.92M | $111.11M | $61.12M | $86.17M |
| Gross Profit? | $22.24M | $19.30M | $40.60M | $21.63M | $14.06M | $58.86M | $51.00M | -$10.79M | $85.40M | $38.66M |
| Gross Margin? | +14.1% | +18.1% | +20.9% | +13.6% | +11.2% | +40.7% | +29.5% | -10.8% | +48.8% | +31.0% |
| Operating Expenses? | $40.16M | $30.38M | $64.71M | $51.16M | $35.71M | $49.95M | $29.59M | $119.82M | $95.38M | $44.04M |
| Operating Income? | -$17.92M | -$11.08M | -$24.11M | -$29.53M | -$21.66M | $8.90M | $21.41M | -$50.15M | $47.04M | $31.53M |
| EBITDA? | -$6.76M | $5.53M | -$8.92M | -$11.46M | $4.24M | $30.53M | $41.28M | -$14.96M | $80.76M | $77.44M |
| Income Before Tax | -$55.35M | -$6.93M | -$33.78M | -$47.28M | -$26.73M | $9.27M | $21.19M | -$73.09M | $13.59M | $26.00M |
| Income Tax Expense | $13,227 | $727,560 | $10.02M | $6.87M | -$4.55M | $4.84M | $9.22M | -$9.42M | $316,714 | $11.35M |
| Net Income? | -$55.36M | -$7.66M | -$49.99M | $2.77M | -$22.18M | $970,000 | $12.66M | -$63.67M | $13.27M | $14.64M |
| EPS? | $-0.47 | $-0.07 | $-0.44 | $0.02 | $-0.19 | $0.01 | $0.11 | $-0.54 | $0.11 | $0.12 |
| Diluted EPS? | $-0.47 | $-0.07 | $-0.44 | $0.02 | $-0.19 | $0.01 | $0.11 | $-0.54 | $0.11 | $0.12 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality