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Quorum Information Technologies (TSXV:QIS) EBIT : C$2.58 Mil (TTM As of Sep. 2024)


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What is Quorum Information Technologies EBIT?

Quorum Information Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$1.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$2.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quorum Information Technologies's annualized ROC % for the quarter that ended in Sep. 2024 was 11.06%. Quorum Information Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 121.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quorum Information Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.51%.


Quorum Information Technologies EBIT Historical Data

The historical data trend for Quorum Information Technologies's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Quorum Information Technologies EBIT Chart

Quorum Information Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 -0.39 -1.67 0.46 1.92

Quorum Information Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 -0.58 1.11 0.88 1.17

Competitive Comparison of Quorum Information Technologies's EBIT

For the Software - Application subindustry, Quorum Information Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quorum Information Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Quorum Information Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Quorum Information Technologies's EV-to-EBIT falls into.



Quorum Information Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.58 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Quorum Information Technologies  (TSXV:QIS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Quorum Information Technologies's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=4.54 * ( 1 - 5.4% )/( (39.423 + 38.254)/ 2 )
=4.29484/38.8385
=11.06 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Quorum Information Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.68/( ( (1.977 + max(2.181, 0)) + (1.831 + max(1.703, 0)) )/ 2 )
=4.68/( ( 4.158 + 3.534 )/ 2 )
=4.68/3.846
=121.68 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.516 + 0 + 0.832) - (2.108 + 0 + 0.059)
=2.181

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.966 + 0 + 0.949) - (2.181 + 0 + 0.031)
=1.703

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Quorum Information Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2.576/73.447
=3.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Quorum Information Technologies EBIT Related Terms

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Quorum Information Technologies Business Description

Traded in Other Exchanges
Address
7500 Macleod Trail South East, Suite 200, Calgary, AB, CAN, T2H 0L9
Quorum Information Technologies Inc is an information technology company engaged in the automotive retail business. It develops, markets, implements, and supports its software products, XSELLERATOR, a Dealership Management System for the automotive market; Autovance Desk, Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service and Sales Customer Relationship Management (CRM system and Business Development Centre (BDC); and Quorum Advantage showroom system. The Company operates in three segments, Software as a saas, business development centre, and service and one-time. Its geographical segments are Canada and the United States.
Executives
Llc Voss Capital 10% Security Holder
Maury Marks Director, Senior Officer
Joseph L Campbell Director
David Neil Mcdonnell Director
Burgundy Asset Management Ltd. 10% Security Holder

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