Overview
Quorum Q3 2025 revenue rose 1%
Company's cash EBITDA grew for the second consecutive quarter
Quorum to be acquired by Valsoft for $0.80 per share, pending approvals
Outlook
Quorum expects acquisition by Valsoft to close in Q4 2025
Company plans to delist from TSX-V post-acquisition
Result Drivers
PROFITABILITY PLAN - Co attributes Cash EBITDA growth to profitability improvement plan initiated in late Q1 2025
RECURRING REVENUE GROWTH - Co achieved 2% organic growth in recurring revenue, driven by integrated software solutions
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
C$10 mln
C$10.30 mln (1 Analyst)
Q3 EPS
C$0.004
Q3 Adjusted EBITDA
C$1.93 mln
Q3 Gross Margin
50.00%
Q3 Adjusted EBITDA Margin
19.00%
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for Quorum Information Technologies Inc is C$0.80, about 1.3% above its November 17 closing price of C$0.79
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: ID:nGNX1HRwBp
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
