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An update from Quorum Information Technologies ( (TSE:QIS) ) is now available.
Quorum Information Technologies reported a 3% increase in total revenue for Q2 2025, reaching $10.3 million, with notable growth in BDC revenue by 11%. The company also achieved a 3% organic growth in recurring revenue and successfully paid off the Cash Flow Loan component of the BDC Capital Loan Facility. Despite a slight decrease in Adjusted EBITDA compared to the previous year, Quorum’s integrated suite of software solutions continues to play a critical role in driving dealership success and enhancing value for its stakeholders.
The most recent analyst rating on (TSE:QIS) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Quorum Information Technologies stock, see the TSE:QIS Stock Forecast page.
Spark’s Take on TSE:QIS Stock
According to Spark, TipRanks’ AI Analyst, TSE:QIS is a Neutral.
Quorum Information Technologies’ overall score is driven by strong financial performance and positive corporate developments. However, bearish technical indicators and a high valuation relative to earnings temper the score.
To see Spark’s full report on TSE:QIS stock, click here.
More about Quorum Information Technologies
Quorum Information Technologies Inc. is a North American SaaS Software and Services company that provides essential enterprise solutions to automotive dealerships and Original Equipment Manufacturers (OEMs). Their offerings include a Dealership Management System (DMS) that automates and integrates key processes across dealership departments, focusing on revenue generation and customer satisfaction.
Average Trading Volume: 31,319
Technical Sentiment Signal: Sell
Current Market Cap: C$51.55M
Learn more about QIS stock on TipRanks’ Stock Analysis page.