Quorum Information Technologies Past Earnings Performance
Past criteria checks 2/6
Quorum Information Technologies has been growing earnings at an average annual rate of 20.1%, while the Software industry saw earnings growing at 20.1% annually. Revenues have been growing at an average rate of 7.3% per year. Quorum Information Technologies's return on equity is 6.3%, and it has net margins of 4.5%.
Key information
20.1%
Earnings growth rate
21.2%
EPS growth rate
Software Industry Growth | 8.2% |
Revenue growth rate | 7.3% |
Return on equity | 6.3% |
Net Margin | 4.5% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Shareholders May Find It Hard To Justify Increasing Quorum Information Technologies Inc.'s (CVE:QIS) CEO Compensation For Now
Aug 23Investors Don't See Light At End Of Quorum Information Technologies Inc.'s (CVE:QIS) Tunnel
Aug 10Quorum Information Technologies Inc.'s (CVE:QIS) Prospects Need A Boost To Lift Shares
May 08We Think Quorum Information Technologies (CVE:QIS) Can Stay On Top Of Its Debt
Mar 21Does Quorum Information Technologies (CVE:QIS) Have A Healthy Balance Sheet?
Sep 30Investors Will Want Quorum Information Technologies' (CVE:QIS) Growth In ROCE To Persist
Aug 17Quorum Information Technologies (CVE:QIS) Takes On Some Risk With Its Use Of Debt
Jun 07Quorum Information Technologies (CVE:QIS) Might Be Having Difficulty Using Its Capital Effectively
Apr 11These 4 Measures Indicate That Quorum Information Technologies (CVE:QIS) Is Using Debt Extensively
Dec 26Calculating The Fair Value Of Quorum Information Technologies Inc. (CVE:QIS)
Nov 03There Are Reasons To Feel Uneasy About Quorum Information Technologies' (CVE:QIS) Returns On Capital
Sep 03Quorum Information Technologies (CVE:QIS) Is Making Moderate Use Of Debt
Jun 28Returns On Capital Signal Tricky Times Ahead For Quorum Information Technologies (CVE:QIS)
Mar 29It's Unlikely That Quorum Information Technologies Inc.'s (CVE:QIS) CEO Will See A Huge Pay Rise This Year
Oct 01Does Quorum Information Technologies (CVE:QIS) Have A Healthy Balance Sheet?
Sep 02Returns On Capital At Quorum Information Technologies (CVE:QIS) Paint A Concerning Picture
Jul 01Estimating The Fair Value Of Quorum Information Technologies Inc. (CVE:QIS)
May 31Are Insiders Selling Quorum Information Technologies Inc. (CVE:QIS) Stock?
Mar 18Is Quorum Information Technologies (CVE:QIS) Using Debt Sensibly?
Feb 11Did Business Growth Power Quorum Information Technologies' (CVE:QIS) Share Price Gain of 133%?
Jan 07Does This Valuation Of Quorum Information Technologies Inc. (CVE:QIS) Imply Investors Are Overpaying?
Dec 12Quorum Information Technologies Inc. (CVE:QIS) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Nov 21Trade Alert: The Independent Director Of Quorum Information Technologies Inc. (CVE:QIS), Joseph Campbell, Has Sold Some Shares Recently
Aug 07Is Quorum Information Technologies (CVE:QIS) A Risky Investment?
Jul 22Revenue & Expenses Breakdown
How Quorum Information Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 40 | 2 | 9 | 4 |
31 Mar 24 | 40 | 2 | 9 | 4 |
31 Dec 23 | 40 | 0 | 10 | 4 |
30 Sep 23 | 40 | -1 | 10 | 4 |
30 Jun 23 | 40 | -1 | 11 | 3 |
31 Mar 23 | 39 | -1 | 11 | 3 |
31 Dec 22 | 39 | -1 | 11 | 3 |
30 Sep 22 | 38 | -3 | 12 | 2 |
30 Jun 22 | 38 | -3 | 12 | 2 |
31 Mar 22 | 37 | -3 | 12 | 2 |
31 Dec 21 | 36 | -3 | 11 | 1 |
30 Sep 21 | 35 | -1 | 10 | 1 |
30 Jun 21 | 34 | -1 | 10 | 1 |
31 Mar 21 | 31 | -1 | 8 | 1 |
31 Dec 20 | 31 | -2 | 9 | 1 |
30 Sep 20 | 31 | -3 | 10 | 1 |
30 Jun 20 | 32 | -2 | 10 | 1 |
31 Mar 20 | 34 | -2 | 11 | 1 |
31 Dec 19 | 33 | -1 | 11 | 1 |
30 Sep 19 | 30 | 0 | 9 | 1 |
30 Jun 19 | 25 | 0 | 8 | 1 |
31 Mar 19 | 20 | -1 | 7 | 1 |
31 Dec 18 | 16 | -1 | 6 | 0 |
30 Sep 18 | 14 | 0 | 6 | 0 |
30 Jun 18 | 13 | 0 | 6 | 0 |
31 Mar 18 | 13 | 0 | 5 | 0 |
31 Dec 17 | 13 | 0 | 5 | 0 |
30 Sep 17 | 13 | 1 | 5 | 0 |
30 Jun 17 | 13 | 0 | 5 | 0 |
31 Mar 17 | 13 | 0 | 5 | 0 |
31 Dec 16 | 12 | 0 | 5 | 0 |
30 Sep 16 | 12 | 0 | 4 | 0 |
30 Jun 16 | 12 | 0 | 4 | 0 |
31 Mar 16 | 11 | 1 | 4 | 0 |
31 Dec 15 | 11 | 0 | 4 | 0 |
30 Sep 15 | 10 | 0 | 4 | 0 |
30 Jun 15 | 10 | 0 | 4 | 0 |
31 Mar 15 | 9 | 0 | 4 | 0 |
31 Dec 14 | 9 | 0 | 4 | 0 |
30 Sep 14 | 9 | 1 | 4 | 0 |
30 Jun 14 | 9 | 1 | 3 | 0 |
31 Mar 14 | 8 | 0 | 3 | 0 |
31 Dec 13 | 8 | 0 | 3 | 0 |
30 Sep 13 | 8 | 0 | 3 | 0 |
Quality Earnings: QIS has a large one-off gain of CA$443.5K impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: QIS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QIS has become profitable over the past 5 years, growing earnings by 20.1% per year.
Accelerating Growth: QIS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: QIS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (6.8%).
Return on Equity
High ROE: QIS's Return on Equity (6.3%) is considered low.