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

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss C$10 mln C$10.30

Revenue mln (1

Analyst)

Q3 EPS C$0.004

Q3 C$1.93

Adjusted mln

EBITDA

Q3 Gross 50.00%

Margin

Q3 19.00%

Adjusted

EBITDA

Margin

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 ( QIFTF ) 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:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)