Added to YB: 2025-01-02
Pitch date: 2024-12-30
QIS.V [neutral]
Quorum Information Technologies Inc.
-15.05%
current return
Author Info
Kreuzmann Investing is looking for the best opportunities in Small and Microcap companies around the world. Sign up for the newsletter.
Company Info
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States.
Market Cap
CAD 66.2M
Pitch Price
CAD 0.93
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.66
P/E
44.91
EV/Sales
1.73
Sector
Software
Category
value
Why I passed on Quorum Information Technologies
QIS.V pass: DMS provider at 9.6x EV/EBITDA, 2.4x EV/ARR. Sticky customers, cost-cutting improved EBITDA margins to 20%. Cross-selling opportunity but high switching costs. Weak organic growth, tiny vs. big competitors. US expansion risky. Potential 10% return not enough. Need stronger cross-selling or BDC margin expansion.
Read full article (12 min)