)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
Softchoice (SFTC) investor relations material
Softchoice Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary8 Nov, 2024
Executive summary
Achieved double-digit organic growth in Q3 2024, led by Software & Cloud and Services, with gross profit up 8.9% year-over-year and strong U.S. and SMB performance.
Investments in digital offerings, salesforce, and technical experts, including AI, supported growth and strategic expansion.
Customer base expanded over 4% year-over-year, with revenue retention rate at 105% and average customer tenure around 10 years.
Launched SAM Plus Hub, a proprietary software management tool with over 1,000 customers, enhancing retention and cross-sell opportunities.
Recognized for workplace excellence, ESG leadership, and named Microsoft Scale Partner and Cisco Commercial Impact Partner of the Year.
Financial highlights
Q3 2024 gross profit: $85.2M (+8.9% YoY); adjusted EBITDA: $23.2M (+2.2% YoY); net income: $9.0M (+8% YoY); adjusted EPS: $0.18 (down from $0.27 in Q3 2023).
Gross sales increased 20.3% to $628.6M; net sales up 3.9% to $189.2M year-over-year.
Operating cash flow remained stable year-over-year at $98M, with free cash flow down to $33M due to higher taxes and expenses.
Net leverage increased to 2.2x from 1.1x year-over-year, reflecting debt for a special dividend.
Net income per diluted share was $0.15, up from $0.14 in Q3 2023.
Outlook and guidance
Confident in achieving 2024 objectives of market share gains and returning top-line growth to historical averages, with margin expansion expected as growth investments normalize.
Q4 expected to be seasonally lower, around 26% of full-year gross profit, due to timing of incentives and large Q3 hardware order.
Ongoing investments in salesforce, technical experts, and AI to drive future growth and customer acquisition.
Dividend per share increased by 18% over Q4 2023, reflecting confidence in future cash flows.
Explain drivers behind TTM gross profit per customer growth.
How does SAM+ Hub differentiate Softchoice?
Assess impact of industry weakness on hardware sales.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, 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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
Softchoice Corporation is a technology solutions provider that helps organizations across various industries manage and optimize their IT infrastructure. The company offers a range of services, including cloud migration, software licensing, managed services, and IT asset management. Softchoice partners with leading technology vendors to deliver solutions that support digital transformation, enhance operational efficiency, and improve overall IT performance for its clients. Its offerings cater to businesses of all sizes, from small enterprises to large corporations. The company is headquartered in Toronto, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage