Canadian SaaS company Quorum's Q3 revenue up 1%

Overview

• Quorum Q3 2025 revenue rose 1%

• Company's cash EBITDA grew for the second consecutive quarter

• Quorum to be acquired by Valsoft for $0.80 per share, pending approvals

Outlook

• Quorum expects acquisition by Valsoft to close in Q4 2025

• Company plans to delist from TSX-V post-acquisition

Result Drivers

• PROFITABILITY PLAN - Co attributes Cash EBITDA growth to profitability improvement plan initiated in late Q1 2025

• RECURRING REVENUE GROWTH - Co achieved 2% organic growth in recurring revenue, driven by integrated software solutions

Key Details

Analyst Coverage

• The one available analyst rating on the shares is "hold"

• The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for Quorum Information Technologies Inc is C$0.80, about 1.3% above its November 17 closing price of C$0.79

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nGNX1HRwBp

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