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Quorum Information Technologies (TSXV:QIS) Revenue : C$39.87 Mil (TTM As of Sep. 2024)


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What is Quorum Information Technologies Revenue?

Quorum Information Technologies's revenue for the three months ended in Sep. 2024 was C$9.93 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was C$39.87 Mil. Quorum Information Technologies's Revenue per Share for the three months ended in Sep. 2024 was C$0.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.54.

Warning Sign:

Quorum Information Technologies Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Quorum Information Technologies was 0.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 12.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Quorum Information Technologies's highest 3-Year average Revenue per Share Growth Rate was 30.40% per year. The lowest was -7.50% per year. And the median was 3.70% per year.


Quorum Information Technologies Revenue Historical Data

The historical data trend for Quorum Information Technologies's Revenue 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 Revenue Chart

Quorum Information Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.84 30.86 36.05 38.80 40.26

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
Revenue 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 10.40 9.92 10.06 9.95 9.93

Competitive Comparison of Quorum Information Technologies's Revenue

For the Software - Application subindustry, Quorum Information Technologies's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Software Industry

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

* The bar in red indicates where Quorum Information Technologies's Revenue falls into.



Quorum Information Technologies Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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$39.87 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Quorum Information Technologies Revenue Related Terms

Thank you for viewing the detailed overview of Quorum Information Technologies's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


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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