Quorum Information Technologies Stock Revenue

QIS Stock  CAD 0.94  0.02  2.17%   
Quorum Information Technologies fundamentals help investors to digest information that contributes to Quorum Information's financial success or failures. It also enables traders to predict the movement of Quorum Stock. The fundamental analysis module provides a way to measure Quorum Information's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quorum Information stock.
Last ReportedProjected for Next Year
Total Revenue40.3 M42.3 M
At this time, Quorum Information's Total Revenue is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 26.4 M in 2024, despite the fact that Current Deferred Revenue is likely to grow to (2.1 M).
  
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Quorum Information Technologies Company Revenue Analysis

Quorum Information's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

-

Discounts and Returns

More About Revenue | All Equity Analysis

Current Quorum Information Revenue

    
  40.26 M  
Most of Quorum Information's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quorum Information Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Quorum

Projected quarterly revenue analysis of Quorum Information provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Quorum Information match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Quorum Information's stock price.

Quorum Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Quorum Information is extremely important. It helps to project a fair market value of Quorum Stock properly, considering its historical fundamentals such as Revenue. Since Quorum Information's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quorum Information's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quorum Information's interrelated accounts and indicators.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Quorum Current Deferred Revenue

Current Deferred Revenue

(2.1 Million)

Quorum Information reported Current Deferred Revenue of (2.21 Million) in 2023
Based on the latest financial disclosure, Quorum Information Technologies reported 40.26 M of revenue. This is 99.01% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The revenue for all Canada stocks is 99.57% higher than that of the company.

Quorum Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quorum Information's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quorum Information could also be used in its relative valuation, which is a method of valuing Quorum Information by comparing valuation metrics of similar companies.
Quorum Information is currently under evaluation in revenue category among its peers.

Quorum Information Current Valuation Drivers

We derive many important indicators used in calculating different scores of Quorum Information from analyzing Quorum Information's financial statements. These drivers represent accounts that assess Quorum Information's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quorum Information's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap80.7M76.0M82.3M57.8M45.5M25.9M
Enterprise Value84.6M79.9M88.1M68.0M54.8M57.6M

Quorum Fundamentals

About Quorum Information Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quorum Information Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quorum Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quorum Information Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Quorum Stock Analysis

When running Quorum Information's price analysis, check to measure Quorum Information's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.