Q-Free ASA (QFREF)
Q-Free ASA operates in the Industrial - Infrastructure Operations industry of the Industrials sector, headquartered in Trondheim, NO. The stock last traded at $1.26, up 0.00% on the session, giving a market capitalisation of $140.2M. On trailing twelve-month figures it carries a trailing P/E of 478.33, a net margin of 0.3%. Its beta of 0.38 implies it has historically moved less than the broad market.
Q-Free ASA, founded in 1984 and headquartered in Trondheim, Norway, operates as a global supplier of sophisticated intelligent transportation systems. Their extensive product and solution portfolio addresses both electronic toll collection and comprehensive traffic management needs. For tolling, Q-Free develops specialized hardware such as dedicated short-range communication (DSRC) on-board units, roadside transceivers and antennas, handheld transceivers/digital tachographs, and advanced automated license plate recognition (ALPR) cameras and imaging technology. Their software offerings in this domain include Intrada ALPR for automatic license plate recognition and vehicle analytics, Intrada Insight for image processing and review, and Intrada Synergy Server, an image processing solution for various video-based access points like toll lanes, parking facilities, and entry controls. In the realm of traffic management, the company delivers solutions for urban and interurban settings alike. Their urban product range features hardware like ATC controllers and cabinets, complemented by software for central and local traffic control, ramp metering, analytics, adaptive traffic management, and connected vehicle functionalities. For interurban applications, they provide Statewide ATMS, a comprehensive freeway traffic management software system, along with enhancements for work zone and event management. Additionally, their infomobility segment includes high- and low-speed weigh-in-motion systems, as well as devices for counting and classifying traffic, encompassing vehicles, bicycles, and pedestrians. Q-Free ASA also ensures the longevity and performance of its deployed systems by providing essential maintenance services.
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