Quorum Information Technologies Future Growth

Future criteria checks 0/6

Quorum Information Technologies is forecast to grow revenue at 3.5% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Software earnings growth	29.4%
Revenue growth rate	3.5%
Future return on equity	n/a
Analyst coverage	Low
Last updated	22 Nov 2024

Recent future growth updates

Recent updates

Shareholders May Find It Hard To Justify Increasing Quorum Information Technologies Inc.'s (CVE:QIS) CEO Compensation For Now

Aug 23

Investors Don't See Light At End Of Quorum Information Technologies Inc.'s (CVE:QIS) Tunnel

Aug 10

Quorum Information Technologies Inc.'s (CVE:QIS) Prospects Need A Boost To Lift Shares

May 08

We Think Quorum Information Technologies (CVE:QIS) Can Stay On Top Of Its Debt

Mar 21

Does Quorum Information Technologies (CVE:QIS) Have A Healthy Balance Sheet?

Sep 30

Investors Will Want Quorum Information Technologies' (CVE:QIS) Growth In ROCE To Persist

Aug 17

Quorum Information Technologies (CVE:QIS) Takes On Some Risk With Its Use Of Debt

Jun 07

Quorum Information Technologies (CVE:QIS) Might Be Having Difficulty Using Its Capital Effectively

Apr 11

These 4 Measures Indicate That Quorum Information Technologies (CVE:QIS) Is Using Debt Extensively

Dec 26

Calculating The Fair Value Of Quorum Information Technologies Inc. (CVE:QIS)

Nov 03

There Are Reasons To Feel Uneasy About Quorum Information Technologies' (CVE:QIS) Returns On Capital

Sep 03

Quorum Information Technologies (CVE:QIS) Is Making Moderate Use Of Debt

Jun 28

Returns On Capital Signal Tricky Times Ahead For Quorum Information Technologies (CVE:QIS)

Mar 29

It's Unlikely That Quorum Information Technologies Inc.'s (CVE:QIS) CEO Will See A Huge Pay Rise This Year

Oct 01

Does Quorum Information Technologies (CVE:QIS) Have A Healthy Balance Sheet?

Sep 02

Returns On Capital At Quorum Information Technologies (CVE:QIS) Paint A Concerning Picture

Jul 01

Did Business Growth Power Quorum Information Technologies' (CVE:QIS) Share Price Gain of 133%?

Jan 07

Does This Valuation Of Quorum Information Technologies Inc. (CVE:QIS) Imply Investors Are Overpaying?

Dec 12

Quorum Information Technologies Inc. (CVE:QIS) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Nov 21

Trade Alert: The Independent Director Of Quorum Information Technologies Inc. (CVE:QIS), Joseph Campbell, Has Sold Some Shares Recently

Aug 07

Is Quorum Information Technologies (CVE:QIS) A Risky Investment?

Jul 22

Earnings and Revenue Growth Forecasts

TSXV:QIS - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	42	N/A	6	N/A	1
12/31/2024	40	N/A	5	N/A	1
9/30/2024	40	1	5	7	N/A
6/30/2024	40	0	3	6	N/A
3/31/2024	40	2	3	6	N/A
12/31/2023	40	0	2	5	N/A
9/30/2023	40	1	1	4	N/A
6/30/2023	40	1	1	4	N/A
3/31/2023	39	-1	0	3	N/A
12/31/2022	39	-1	1	4	N/A
9/30/2022	38	-3	-1	2	N/A
6/30/2022	38	-3	-1	2	N/A
3/31/2022	37	-3	-1	2	N/A
12/31/2021	36	-3	-2	2	N/A
9/30/2021	35	-1	-1	2	N/A
6/30/2021	34	-1	0	4	N/A
3/31/2021	31	-1	1	4	N/A
12/31/2020	31	-2	1	5	N/A
9/30/2020	31	-3	1	5	N/A
6/30/2020	32	-2	0	3	N/A
3/31/2020	34	-2	-1	3	N/A
12/31/2019	33	-1	0	3	N/A
9/30/2019	30	0	0	3	N/A
6/30/2019	25	0	-1	2	N/A
3/31/2019	20	-1	-1	2	N/A
12/31/2018	16	-1	-2	1	N/A
9/30/2018	14	0	-1	1	N/A
6/30/2018	13	0	N/A	2	N/A
3/31/2018	13	0	N/A	1	N/A
12/31/2017	13	0	N/A	2	N/A
9/30/2017	13	1	N/A	2	N/A
6/30/2017	13	0	N/A	2	N/A
3/31/2017	13	0	N/A	2	N/A
12/31/2016	12	0	N/A	2	N/A
9/30/2016	12	0	N/A	2	N/A
6/30/2016	12	0	N/A	2	N/A
3/31/2016	11	1	N/A	2	N/A
12/31/2015	11	0	N/A	2	N/A
9/30/2015	10	0	N/A	2	N/A
6/30/2015	10	0	N/A	2	N/A
3/31/2015	9	0	N/A	2	N/A
12/31/2014	9	0	N/A	2	N/A
9/30/2014	9	1	N/A	2	N/A
6/30/2014	9	1	N/A	1	N/A
3/31/2014	8	0	N/A	1	N/A
12/31/2013	8	0	N/A	1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if QIS's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if QIS's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if QIS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: QIS's revenue (3.5% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: QIS's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if QIS's Return on Equity is forecast to be high in 3 years time

Quorum Information Technologies Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 25% to CA$1.00

Price target decreased by 11% to CA$0.80

Price target decreased to CA$1.25

Price target decreased to CA$1.60

Price target increased to CA$1.78

Price target increased to CA$1.73

Recent updates

Third quarter 2024 earnings released: EPS: CA$0.011 (vs CA$0.004 loss in 3Q 2023)

Quorum Information Technologies Inc. to Report Q3, 2024 Results on Nov 20, 2024

New minor risk - Profit margin trend

Price target increased by 25% to CA$1.00

Shareholders May Find It Hard To Justify Increasing Quorum Information Technologies Inc.'s (CVE:QIS) CEO Compensation For Now

Second quarter 2024 earnings released: EPS: CA$0.005 (vs CA$0.007 in 2Q 2023)

Investors Don't See Light At End Of Quorum Information Technologies Inc.'s (CVE:QIS) Tunnel

Quorum Information Technologies Inc. to Report Q2, 2024 Results on Aug 21, 2024

Quorum Information Technologies Inc., Annual General Meeting, Aug 28, 2024

First quarter 2024 earnings released: EPS: CA$0.015 (vs CA$0.008 loss in 1Q 2023)

Quorum Information Technologies Inc. to Report Q1, 2024 Results on May 29, 2024

Quorum Information Technologies Inc.'s (CVE:QIS) Prospects Need A Boost To Lift Shares

Full year 2023 earnings released: EPS: CA$0.003 (vs CA$0.019 loss in FY 2022)

Quorum Information Technologies Inc. to Report Fiscal Year 2023 Results on Apr 24, 2024

We Think Quorum Information Technologies (CVE:QIS) Can Stay On Top Of Its Debt

Price target decreased by 11% to CA$0.80

Third quarter 2023 earnings released: CA$0.004 loss per share (vs CA$0.005 loss in 3Q 2022)

Quorum Information Technologies Inc. to Report Q3, 2023 Results on Nov 29, 2023

Does Quorum Information Technologies (CVE:QIS) Have A Healthy Balance Sheet?

Second quarter 2023 earnings released: EPS: CA$0.007 (vs CA$0.003 loss in 2Q 2022)

New minor risk - Share price stability

Investors Will Want Quorum Information Technologies' (CVE:QIS) Growth In ROCE To Persist

Quorum Information Technologies Inc. to Report Q2, 2023 Results on Aug 23, 2023

Quorum Information Technologies Inc. Appoints Damien Leonard as Board of Directors

Quorum Information Technologies Inc., Annual General Meeting, Aug 25, 2023

Quorum Information Technologies (CVE:QIS) Takes On Some Risk With Its Use Of Debt

An unknown buyer entered in to a share purchase agreement to acquire an additional 5.5% minority stake in Quorum Information Technologies Inc. (TSXV:QIS) for CAD 2.5 million.

First quarter 2023 earnings released: CA$0.008 loss per share (vs CA$0.008 loss in 1Q 2022)

Quorum Information Technologies Inc. to Report Q1, 2023 Results on May 24, 2023

Full year 2022 earnings released: CA$0.019 loss per share (vs CA$0.037 loss in FY 2021)

Quorum Information Technologies (CVE:QIS) Might Be Having Difficulty Using Its Capital Effectively

Quorum Information Technologies Inc. Announces Enhancements to its Online Service Scheduling Product

Quorum Information Technologies Inc. Announces New Sales CRM Mobile App

Insufficient new directors

These 4 Measures Indicate That Quorum Information Technologies (CVE:QIS) Is Using Debt Extensively

Price target decreased to CA$1.25

Third quarter 2022 earnings released: CA$0.005 loss per share (vs CA$0.002 loss in 3Q 2021)

Quorum Information Technologies Inc. to Report Q3, 2022 Results on Nov 23, 2022

An unknown buyer acquired an additional 5.3% minority stake in Quorum Information Technologies Inc. (TSXV:QIS) for CAD 2.6 million.

Calculating The Fair Value Of Quorum Information Technologies Inc. (CVE:QIS)

Now 22% undervalued after recent price drop

There Are Reasons To Feel Uneasy About Quorum Information Technologies' (CVE:QIS) Returns On Capital

Second quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.003 loss in 2Q 2021)

Quorum Information Technologies Inc. to Report Q2, 2022 Results on Aug 24, 2022

Quorum Information Technologies (CVE:QIS) Is Making Moderate Use Of Debt

Quorum Information Technologies Inc. Announces Senior Leadership Changes

Quorum Information Technologies Inc., Annual General Meeting, Jul 29, 2022

First quarter 2022 earnings released: CA$0.008 loss per share (vs CA$0.004 loss in 1Q 2021)

Quorum Information Technologies Inc. to Report Q1, 2022 Results on May 25, 2022

No independent directors

Full year 2021 earnings released: CA$0.037 loss per share (vs CA$0.026 loss in FY 2020)

Quorum Information Technologies Inc. to Report Fiscal Year 2021 Results on Apr 20, 2022

Quorum Information Technologies Inc. (TSXV:QIS) completed the acquisition of Accessible Accessories Ltd.

Returns On Capital Signal Tricky Times Ahead For Quorum Information Technologies (CVE:QIS)

Price target decreased to CA$1.60

No independent directors

Independent Director exercised options to buy CA$54k worth of stock.

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

It's Unlikely That Quorum Information Technologies Inc.'s (CVE:QIS) CEO Will See A Huge Pay Rise This Year

Does Quorum Information Technologies (CVE:QIS) Have A Healthy Balance Sheet?

Price target increased to CA$1.78

Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.001 loss in 2Q 2020)

Quorum Expands BDC Services to Include Collision Centres

Returns On Capital At Quorum Information Technologies (CVE:QIS) Paint A Concerning Picture

Estimating The Fair Value Of Quorum Information Technologies Inc. (CVE:QIS)

First quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.013 loss in 1Q 2020)

Full year 2020 earnings released: CA$0.026 loss per share (vs CA$0.018 loss in FY 2019)

Price target increased to CA$1.73

Quorum Information Technologies Inc. Announces Enhancements to PowerLane