Quorum Information Technologies

Developing, marketing and implementing software and services for automotive dealerships.

Launch date

Jan 1996

Employees

Market cap

Enterprise valuation

$53m (Public information from Sep 2024)

Calgary Alberta (HQ)

https://quoruminfotech.com

https://twitter.com/quorum_infotech https://www.facebook.com/QuorumDMS https://www.linkedin.com/company/quorum-information-technologies/

Revenues, earnings & profits over time

CAD	2019	2020	2021	2022	2023	2024	2025
Revenues	32.8m	30.9m	36.1m	38.8m	40.3m	40.1m	41.1m
% growth	-	(6 %)	17 %	8 %	4 %	-	2 %
EBITDA	3.8m	3.6m	4.1m	4.6m	5.5m	8.3m	8.6m
% EBITDA margin	12 %	12 %	11 %	12 %	14 %	21 %	21 %
Profit	(1.1m)	(1.9m)	(2.7m)	(1.4m)	<1m	-	-
% profit margin	(3 %)	(6 %)	(8 %)	(4 %)	1 %	-	-
EV / revenue	2.9x	2.5x	2.4x	1.5x	1.3x	1.8x	1.6x
EV / EBITDA	25.3x	21.5x	20.8x	12.7x	9.6x	8.5x	7.6x
R&D budget	<1m	<1m	1.4m	2.6m	4.1m	-	-
R&D % of revenue	2 %	3 %	4 %	7 %	10 %	-	-

Date	Investors	Amount	Round
-	Business Development Bank of Canada (BDC)	N/A	-
Nov 2000	N/A	N/A	IPO
May 2018	Government of Newfoundland and Labrador	$800k	Grant
Mar 2019	N/A	$15.0m	Post IPO Debt
Jun 2023*	L6 Holdings	CAD2.5m	Post IPO Equity
Total Funding		$800k

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Quorum Information Technologies Nov 2018

VINN Automotive Technologies

ACQUISITION by Quorum Information Technologies Jun 2023

Accessible Accessories

ACQUISITION by Quorum Information Technologies Mar 2022