Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. The company operates through three segments: Software as a Service, Business Development Centre, and Services and one-time. It develops, markets, implements, and supports software products for the automotive market, including Quorum DMS, a dealership management system; Autovance Desk; Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service, Sales Customer Relationship Management system, and Business Development Centre; Accessible Accessories, a digital retailing platform; and VINN, an automotive marketplace. It offers technology solutions and services to traditional and electric vehicle dealerships, and original equipment manufacturers. The company was founded in 1996 and is headquartered in Calgary, Canada.
Canadian Market Performance
7D7 Days: 0.4%
3M3 Months: 7.1%
1Y1 Year: 21.0%
YTDYear to Date: 9.9%
In the last week, the market has stayed flat, however the Materials sector stood out, gaining 6.6%. Meanwhile, the market is actually up 21% over the past year. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.