Overview
Quorum Information Systems develops and sells software and hardware used to manage automotive dealerships. The company's flagship products XSELLERATOR is a dealership and customer relationship management software program. XSELLERATOR automates vehicle sales, service, parts, and accounting and also provides dealership staff with tools and data to help increase sales and improve customer service. The company's products are installed in more than
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Read More 125 dealerships in the United States and Canada. Quorum Information Systems also provides consulting, project management, and training services.
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Read More 125 dealerships in the United States and Canada. Quorum Information Systems also provides consulting, project management, and training services.
Read Less
Maury Marks
See more contacts
Computer Systems Design and Related Services
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Professional, Scientific, and Technical Services
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Computer software systems analysis and design, custom
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Computer software development
Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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Advertising, Public Relations, and Related Services
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Architectural, Engineering, and Related Services
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Legal Services
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Management, Scientific, and Technical Consulting Services
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Other Professional, Scientific, and Technical Services
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Scientific Research and Development Services
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Specialized Design Services
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Actual
$29.09 million
Actual
-0.77%
988.25%
$42
DEC
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TSX Vent:QIS
Contacts
Get in Touch with 23 Principals* and 54 Contacts
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Maury MarksPresident and Member of the Board of Directors
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2024
$29.09 million
USD
Actual
1 USD = 1.3736 CAD
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $5 | $3 | $3 |
| Net Investing Cash | -$2 | -$3 | -$3 |
| Net Financing Cash | -$5 | -$2 | -$1 |
| Net Change in Cash | -$1 | -$1 | -$1 |
| Cash at Beginning of Period | $3 | $4 | $5 |
| Cash at End of Period | $2 | $3 | $4 |
| Capital Expenditure | -$2 | -$2 | -$2 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $2 | $3 | $4 |
| Accounts Receivable | $3 | $3 | $2 |
| Inventories | $ | $ | $0 |
| Other Current Assets | $1 | $1 | $1 |
| Asset Summary | |||
| Total Current Assets | $5 | $6 | $7 |
| Tangible Fixed Assets | $1 | $2 | $2 |
| Intangible Assets | $13 | $14 | $15 |
| Total Assets | $43 | $46 | $47 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $ | $ | $ |
| Short-Term Debt | $1 | $1 | $0 |
| Other Current Liabilities | $2 | $2 | $2 |
| Liability Summary | |||
| Total Current Liabilities | $3 | $3 | $2 |
| Long-Term Debt | $3 | $7 | $9 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $9 | $14 | $15 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $23 | $23 | $23 |
| Retained Earnings | -$3 | -$5 | -$6 |
| Equity Summary | |||
| Total Equity | $22 | $20 | $19 |
| Shares Outstanding | 73,593,237 | 73,544,517 | 73,237,048 |