Q-Free

Q-Free

Creates sustainable smart cities where people, goods, and data travel safely and efficiently. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
NOK201920202021202220232024
Revenues962m889m860m949m984m1.1b
% growth-(8 %)(3 %)10 %4 %8 %
EBITDA148m92.3m104m78.0m--
% EBITDA margin15 %10 %12 %8 %--
Profit(50.0m)(41.0m)58.6m2.8m--
% profit margin(5 %)(5 %)7 %---
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DateInvestorsAmountRound
N/A

N/A

IPO

NOK800k

Grant
*

NOK6.2m

Buyout
*

N/A

Buyout
Total Funding€88.0k

Recent News about Q-Free

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Q-Free is a global leader in intelligent transportation systems, specializing in advanced traffic management solutions. The company operates in the tolling, law enforcement, parking, and infomobility sectors, providing innovative technologies such as Automatic License Plate Recognition (ALPR) to improve traffic flow and safety. Q-Free serves a diverse clientele, including government agencies, municipalities, and private sector companies, offering both cloud-based and offline solutions. The business model focuses on selling hardware, software, and integrated systems, generating revenue through direct sales, service contracts, and recurring subscription fees for its SaaS offerings. By leveraging state-of-the-art technology, Q-Free aims to enhance the efficiency and effectiveness of transportation systems worldwide.

Keywords: ALPR, tolling, traffic management, law enforcement, parking solutions, infomobility, SaaS, vehicle detection, smart surveillance, mobility enhancement.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.