Quarterhill Inc · TSX:QTRH
Quarterhill — Q4 2020 Earnings Presentation
10 slides from Quarterhill's earnings presentation, Mar 11, 2021
Slide 1: Q4 & Fiscal 2020 Conference Call
Q4 & Fiscal 2020 Conference Call March 11, 2021 Paul Hill, President & CEO John Rim, CFO
Slide 2: Important Cautionary Notes
Important Cautionary Notes Certain statements in this presentation, other than statements of historical fact, may special charges and other one-time items; (v) depreciation of right-of-use assets include forward-looking information that involves various risks and uncertainties and property, plant an
Slide 3: 2020 Operational Highlights
2020 Operational Highlights Solid and resilient financial Second successful jury verdict win results despite COVID in litigation against Apple Launched ITS focused M&A Provided return of capital for strategy shareholders through SIB and NCIB Appointed new leadership Sold VIZIYA for ~$50m resulting ▪
Slide 4: Financial Highlights
Financial Highlights Quarterhill: Q4 and Fiscal 2020 Conference Call John Rim, CFO 4
Slide 5: Financial Highlights: Consolidated Results
Financial Highlights Consolidated Results (millions) F2020 Q4 2020 Revenue $144.5 $18.1 Adjusted EBITDA $31.2 -$6.1 ~$15 million Cash from operations $35.2 $25.1 returned to shareholders in Cash balance $141.3 2020 via dividends Working capital $159.7 and share buybacks Debt $0 5
Slide 6: M&A Strategy
M&A Strategy Quarterhill: Q4 and Fiscal 2020 Conference Call Paul Hill, President & CEO 6
Slide 7: We are investors in essential transportation technologies
We are investors in essential transportation technologies Building from our existing cash-generating businesses, we are investing in the Intelligent Transportation Systems sector to become a global leader 7
Slide 8: ITS: Compelling Market Tailwinds
ITS: Compelling Market Tailwinds US Case Study $20T US DoT reports 65% of all US roads are in poor condition Aging infrastructure costs the COVID stimulus public an estimated $160B in wasted fuel 3X the amount spent on the 2008 Buttigieg has publicly stated that he will financial crisis work to deli
Slide 9: ITS Growth Roadmap
ITS Growth Roadmap Smart cities Other ITS segments Aviation Marine Rail Vehicle Enforcement Target capital deployment $400M Road sub-segments Route up to Public Transit Optimization over the next 5 years* Road Tolls Traffic Flow Progress to Date Closed January 5, 2021 9 * Actual results may vary mat
Slide 10: Q&A
Q&A March 11, 2021 TSX: QTRH OTCQX: QTRHF