)
Quorum Information Technologies (QIS) investor relations material
Quorum Information Technologies Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved second consecutive quarter of cash EBITDA growth in Q3 2025, reaching CAD 1.5 million, reflecting the success of a profitability improvement plan initiated in Q1 2025.
Announced a proposed acquisition by an affiliate of Valsoft Corporation, valuing the company at approximately CAD 60 million, with all shares to be acquired for $0.80 per share in cash, representing a 14% premium to the share price as of September 19, 2025; transaction expected to close in Q4 2025, pending shareholder, court, and regulatory approvals.
Paid down an additional $0.4 million on the BDC Capital Mezzanine Loan Facility after quarter-end.
Financial highlights
Cash EBITDA increased to CAD 1.5 million in Q3 2025, up from CAD 1.4 million in Q2 and CAD 1 million in Q1; adjusted EBITDA was CAD 1.9 million (19% of revenue), down CAD 0.3 million year-over-year due to higher R&D and third-party SaaS costs.
Total revenue rose 1% year-over-year to CAD 10 million; SaaS revenue decreased 1% to CAD 7.2 million; BDC revenue increased 10% to CAD 2.7 million.
Gross margin increased by 1% to CAD 5 million, or 50% of total revenue, maintaining a 50% margin.
Net income for Q3 2025 was $313,859, down 60% year-over-year; net income per share was $0.004.
Outlook and guidance
No material decline in profitability expected from the new AutoCanada agreement, despite a reduction in committed annual revenue.
Focus remains on profitable growth, operational efficiencies, and leveraging automation and AI.
Transaction with Valsoft expected to close in Q4 2025, after which shares will be delisted and the company will cease to be a reporting issuer.
Next Quorum Information Technologies earnings date
Next Quorum Information Technologies earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage