Quorum Information Technologies Inc. (QIFTF)
Quorum Information Technologies Inc. operates in the Software - Application industry of the Technology sector, headquartered in Calgary, AB, CA. The stock last traded at $0.56, up 0.00% on the session, giving a market capitalisation of $41.3M. On trailing twelve-month figures it carries a trailing P/E of 79.00, a net margin of 2.5%. Its beta of 0.52 implies it has historically moved less than the broad market.
Quorum Information Technologies Inc. (QIFTF), an information technology enterprise headquartered in Calgary, Canada, primarily serves the automotive retail sector throughout Canada and the United States. Established in 1996, the company develops, markets, implements, and supports a suite of specialized software solutions. Among its flagship products is XSellerator, a comprehensive dealership management system (DMS) engineered to automate, integrate, and optimize processes across all departments within a dealership. Quorum also provides DealerMine CRM, a robust customer relationship management system for sales and service, alongside a range of business development center (BDC) services. Further expanding its offerings, the company supplies Autovance, a retailing platform designed to attract more customers through digital channels and improve in-store profits and closing rates via its desking tool. Additionally, Accessible Accessories is a digital retailing platform focused on enabling franchised dealerships to significantly increase their vehicle accessory revenue. Beyond these specialized platforms, Quorum extends its software technology solutions and services to a diverse clientele, including traditional and electric vehicle dealerships, as well as original equipment manufacturers (OEMs).
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