Quorum Information Technologies Reports Strong Q3 2025 Results
Quorum Information Technologies Inc. (TSXV: QIS) has announced its financial results for the third quarter of 2025, showcasing a robust performance that highlights its durability in a competitive market. The Canadian company continues to provide essential software and services that automotive dealerships depend on.
Impressive Cash EBITDA Growth
During the quarter, Quorum achieved its second consecutive increase in Cash EBITDA. This surge reflects the successful execution of a profitability improvement plan that began in early 2025. Because of this strategy, Cash EBITDA climbed from $1.0 million in the first quarter to $1.5 million in the latest quarter. This impressive growth indicates not just operational efficiencies but also a favorable market response.
Organic Revenue Growth
In addition to improved earnings, Quorum reported a 2% organic growth in recurring revenue during the third quarter. This growth signals the strength of its existing customer base and the effectiveness of its offerings in retaining and expanding its client relationships.
Strategic Acquisition Announcement
This quarter was particularly notable for Quorum as it announced its acquisition by Valsoft Corporation Inc., a move geared towards enhancing its market position. This partnership is expected to bring long-term investment and a collaborative approach, helping Quorum to bolster its service offerings further.
Details of the Acquisition
The acquisition will see Valsoft purchasing all issued and outstanding shares of Quorum for $0.80 each. Shareholder and court approvals are still needed to finalize this transition, which is anticipated to be completed in the fourth quarter of 2025. This strategic move demonstrates Quorum’s commitment to advancing its operational capabilities.
Q3 2025 Financial Highlights
Quorum’s overall financial performance for the third quarter revealed some key metrics of interest. As detailed below, total revenue rose by 1% to $10.0 million compared to the previous year.
- Total Revenue: $10,006,672, up 1% from Q3 2024.
- SaaS Revenue: $7,177,707, down by 1% year-over-year.
- BDC Revenue: $2,692,912, an increase of 10% compared to Q3 2024.
- Gross Margin: Reached $4,988,805, a 1% rise from last year.
- Adjusted EBITDA: Stood at $1,929,773, reflecting a drop of 14%.
- Cash EBITDA: Increased by 1% to $1,510,969.
Future Conference Call
Investors and interested parties can hear details of these results directly from Maury Marks, President, and CEO of Quorum, along with CFO Marilyn Bown in an upcoming conference call:
Conference Call Details
Date: Thursday, November 20, 2025
Time: 11:00 AM MT (1:00 PM ET)
For access, please register online to receive dial-in information.
About Quorum Information Technologies Inc.
Quorum is a leading North American SaaS software company, providing a range of solutions to automotive dealerships and OEMs. Their offerings are designed to streamline operations and enhance customer satisfaction. They include a comprehensive Dealership Management System (DMS), a robust CRM platform, and specialized digital retailing tools.
Company Contacts
Maury Marks, President and CEO
Phone: 403-777-0036
Email: Maury.Marks@QuorumInfoTech.com
Marilyn Bown, CFO
Phone: 403-777-0036
Email: Marilyn.Bown@QuorumInfoTech.com
Frequently Asked Questions
What is Quorum's primary business focus?
Quorum Information Technologies specializes in providing SaaS solutions for automotive dealerships and Original Equipment Manufacturers.
How has Quorum's Cash EBITDA changed?
Quorum reported a 1% increase in Cash EBITDA for Q3 2025 compared to the previous quarter, reaching $1.5 million.
What strategic move did Quorum announce in Q3 2025?
Quorum announced its acquisition by Valsoft Corporation, which aims to enhance its operational capabilities and service offerings.
When is Quorum's next investor call scheduled?
The next investor call is scheduled for November 20, 2025, at 11:00 AM MT.
What are some of Quorum's key revenue streams?
Quorum generates revenue primarily through SaaS offerings and BDC services, with a notable performance in recurring revenues.