Q-Free Overview

  • Year Founded
  • 1984

Year Founded

  • Status
  • Public

  • Employees
  • 369

Employees

  • Stock Symbol
  • QFREF

Stock Symbol

  • Investments
  • 10

  • Share Price
  • $1.26
  • (As of Wednesday Closing)

Q-Free General Information

Description

Q-Free ASA is engaged in the business of supplying products and solutions within Road User Charging (RUC) and Advanced Transportation Management Systems (ATMs). The company has three segments, namely Tolling, Traffic Management, and Assets held for sale. The majority of its revenue comes from the Tolling segment. Its Tolling solutions include Electronic Multi-Lane Free-Flow Toll Collection, Congestion Charging & Low-Emission Zones, Road User Charging, Enforcement, and Truck & Ferry Tolling. Its geographical segments are Europe, APMEA (Asia Pacific/Middle East/Africa), and the Americas.

Contact Information

Website
www.q-free.com
Formerly Known As
Micro Design
Ownership Status
Publicly Held
Financing Status
Private Equity-Backed
Corporate Office
  • Strindfjordvegen 1
  • 7053 Ranheim
  • Norway
Primary Industry
Business/Productivity Software
Other Industries
Road
Electrical Equipment
Stock Exchange
PINX
Vertical(s)
TMT
Corporate Office
  • Strindfjordvegen 1
  • 7053 Ranheim
  • Norway

Q-Free Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Q-Free Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.26 $0.90 $0.56 - $1.26 $98M 111M 1.3K

Q-Free Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 119,777
Revenue 98,194 99,723
EBITDA 8,024 12,330
Net Income 288 6,798
Total Assets 87,178 87,178 110,536 107,442
Total Debt 17,828 17,828 30,116 32,782
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Q-Free Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Q-Free Patents

Q-Free Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202013430-D0 Vehicle detection system Inactive 27-Aug-2020
EP-3965067-A1 Vehicle detection Pending 27-Aug-2020
US-20220068127-A1 Vehicle detection system Active 27-Aug-2020
US-20230377458-A1 Vehicle detection system Pending 27-Aug-2020
US-11756420-B2 Vehicle detection system Active 27-Aug-2020 G06V20/54
To view Q-Free’s complete patent history, request access »

Q-Free Executive Team (24)

Name Title Board Seat
Thale Solberg Chief Executive Officer & President
James Barkman Chief Financial Officer
Trond Christensen Chief Financial Officer
Trisha Tunilla Executive Vice President, Marketing
Stein-Tore Nybrodahl Vice President, Human Resources
You’re viewing 5 of 24 executive team members. Get the full list »

Q-Free Board Members (15)

Name Representing Role Since
Self Board Member
Self Board Member
Self Board Member
Self Board Member
Self Board Member & Vice Chairman
You’re viewing 5 of 15 board members. Get the full list »

Q-Free Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Q-Free Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Q-Free Investments & Acquisitions (10)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Traffikoo 03-Jun-2015 Media and Information Services (B2B)
Intelight 21-Apr-2015 Other Hardware
Open Roads Consulting 23-Sep-2014 Business/Productivity Software
Traffic Design 23-Apr-2014 Other Commercial Services
TDC Systems 09-Apr-2014 Merger/Acquisition Other Transportation
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

Q-Free Subsidiaries (7)

Company Name Industry Location Founded
Q-Free Norge IT Consulting and Outsourcing Ranheim, Norway 2018
Q-Free Sverige IT Consulting and Outsourcing Solna, Sweden
Traffikoo Media and Information Services (B2B) Dallas, TX
Dacolian Business/Productivity Software Beilen, Netherlands
TDC Systems Other Transportation North Somerset, United Kingdom
You’re viewing 5 of 7 subsidiaries. Get the full list »

Q-Free ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

17.91 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 16,009

Rank

Percentile

Technology Hardware

Industry

of 667

Rank

Percentile

Electronics Equipment

Subindustry

of 137

Rank

Percentile

To view Q-Free’s complete esg history, request access »

Q-Free FAQs

  • When was Q-Free founded?

    Q-Free was founded in 1984.

  • Who is the CEO of Q-Free?

    Thale Solberg is the CEO of Q-Free.

  • Where is Q-Free headquartered?

    Q-Free is headquartered in Ranheim, Norway.

  • What is the size of Q-Free?

    Q-Free has 369 total employees.

  • What industry is Q-Free in?

    Q-Free’s primary industry is Business/Productivity Software.

  • Is Q-Free a private or public company?

    Q-Free is a Public company.

  • What is Q-Free’s stock symbol?

    The ticker symbol for Q-Free is QFREF.

  • What is the current stock price of Q-Free?

    As of 23-Mar-2022 the stock price of Q-Free is $1.26.

  • What is the current market cap of Q-Free?

    The current market capitalization of Q-Free is $98M.

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