Quorum Information Technologies (TSXV:QIS) Selling and Marketing Expense : C$2.57 Mil (TTM As of Dec. 2023)

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What is Quorum Information Technologies Selling and Marketing Expense?

Selling and Marketing Expense is the aggregate total amount of expenses directly related to the marketing or selling of products or services. Quorum Information Technologies's Selling and Marketing Expense for the three months ended in Dec. 2023 was C$0.56 Mil. Its Selling and Marketing Expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$2.57 Mil.

Quorum Information Technologies Selling and Marketing Expense Historical Data

The historical data trend for Quorum Information Technologies's Selling and Marketing Expense 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.

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Quorum Information Technologies Selling and Marketing Expense Chart

Quorum Information Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Selling and Marketing Expense

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3.17

2.90

3.48

3.42

2.57

Quorum Information Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Selling and Marketing Expense	Get a 7-Day Free Trial															0.62	0.90	0.56	0.55	0.56

Quorum Information Technologies Selling and Marketing Expense Calculation

Selling and Marketing Expense is the aggregate total amount of expenses directly related to the marketing or selling of products or services.

Selling and Marketing Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.57 Mil.

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Quorum Information Technologies (TSXV:QIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quorum Information Technologies Inc (TSXV:QIS) » Definitions » Selling and Marketing Expense

Comparable Companies

Traded in Other Exchanges

QIFTF:USA

Address

7500 Macleod Trail South East, Suite 200, Calgary, AB, CAN, T2H 0L9

Website

https://quoruminformationsystems.com

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 works with original equipment manufacturers to bring integration between the auto manufacturers and the systems that dealers use. The Company operates in one segment, the computer network, and the business software industry. Its geographical segments are Canada and the United States.

Executives

Maury Marks

Director, Senior Officer