Quorum Historical Income Statement

QIS Stock  CAD 0.72  0.02  2.70%   
Historical analysis of Quorum Information income statement accounts such as Total Revenue of 42 M, Gross Profit of 20.8 M, Other Operating Expenses of 45.7 M or Operating Income of 4.1 M can show how well Quorum Information Technologies performed in making a profits. Evaluating Quorum Information income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quorum Information's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Quorum Information latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Quorum Information is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quorum Information Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Quorum Income Statement Analysis

Quorum Information Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Quorum Information shareholders. The income statement also shows Quorum investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Quorum Information Income Statement Chart

At this time, Quorum Information's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 37.8 M in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (1.8 M).

Total Revenue

Total revenue comprises all receipts Quorum Information generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Quorum Information Technologies minus its cost of goods sold. It is profit before Quorum Information operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Quorum Information's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quorum Information current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quorum Information Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Quorum Information's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 37.8 M in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (1.8 M).
 2022 2023 2024 2025 (projected)
Interest Expense1.6M1.6M1.4M1.5M
Depreciation And Amortization4.1M4.1M4.7M4.9M

Quorum Information income statement Correlations

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0.90.890.890.910.90.890.320.290.780.90.69-0.28-0.83-0.2-0.42-0.240.69-0.45-0.90.140.93
0.950.910.890.940.940.940.290.240.790.930.76-0.28-0.81-0.22-0.34-0.260.59-0.34-0.93-0.020.94
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0.990.950.90.940.980.990.560.510.930.950.9-0.04-0.850.04-0.340.00.67-0.37-0.940.170.95
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0.510.420.320.290.530.560.560.980.790.490.770.74-0.360.810.080.790.590.01-0.390.660.4
0.460.390.290.240.490.510.520.980.770.470.680.74-0.340.80.120.770.630.06-0.350.710.37
0.920.870.780.790.930.930.940.790.770.910.920.24-0.780.33-0.230.290.76-0.27-0.850.450.86
0.970.970.90.930.990.950.980.490.470.910.78-0.15-0.89-0.07-0.4-0.10.75-0.4-0.970.270.98
0.870.770.690.760.840.90.890.770.680.920.780.3-0.690.39-0.230.370.56-0.27-0.760.270.77
-0.11-0.23-0.28-0.28-0.11-0.04-0.060.740.740.24-0.150.30.350.980.570.980.180.520.270.53-0.25
-0.87-0.92-0.83-0.81-0.88-0.85-0.87-0.36-0.34-0.78-0.89-0.690.350.230.70.25-0.560.720.92-0.15-0.92
-0.03-0.15-0.2-0.22-0.020.040.030.810.80.33-0.070.390.980.230.41.00.210.360.180.56-0.17
-0.39-0.47-0.42-0.34-0.38-0.34-0.370.080.12-0.23-0.4-0.230.570.70.40.4-0.020.970.480.14-0.47
-0.06-0.17-0.24-0.26-0.060.00.00.790.770.29-0.10.370.980.251.00.40.180.360.210.56-0.19
0.670.620.690.590.720.670.70.590.630.760.750.560.18-0.560.21-0.020.18-0.03-0.60.610.65
-0.41-0.48-0.45-0.34-0.39-0.37-0.390.010.06-0.27-0.4-0.270.520.720.360.970.36-0.030.490.11-0.48
-0.97-1.0-0.9-0.93-0.97-0.94-0.96-0.39-0.35-0.85-0.97-0.760.270.920.180.480.21-0.60.49-0.16-0.99
0.20.210.14-0.020.230.170.230.660.710.450.270.270.53-0.150.560.140.560.610.11-0.160.2
0.980.990.930.940.980.950.970.40.370.860.980.77-0.25-0.92-0.17-0.47-0.190.65-0.48-0.990.2
Click cells to compare fundamentals

Quorum Information Account Relationship Matchups

Quorum Information income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization3.9M4.1M4.1M4.1M4.7M4.9M
Interest Expense1.5M1.5M1.6M1.6M1.4M1.5M
Selling General Administrative6.4M7.4M8.1M7.2M8.5M5.2M
Selling And Marketing Expenses2.9M3.5M3.4M2.6M3.0M3.1M
Total Revenue30.9M36.1M38.8M40.3M40.0M42.0M
Gross Profit13.7M16.4M18.7M15.2M19.8M20.8M
Other Operating Expenses31.3M36.1M38.4M37.8M43.5M45.7M
Operating Income(390.6K)2.6K461.8K2.5M3.9M4.1M
Ebit(390.6K)2.6K461.8K2.5M2.8M3.0M
Ebitda3.6M4.1M4.6M6.5M7.5M7.9M
Cost Of Revenue17.2M19.6M20.1M25.1M20.1M21.2M
Total Operating Expenses14.1M16.4M18.2M12.7M36.0M37.8M
Income Before Tax(1.9M)(3.2M)(1.1M)346.3K2.6M2.7M
Total Other Income Expense Net(1.5M)(3.2M)(1.6M)(2.1M)(1.9M)(1.8M)
Net Income(1.9M)(2.7M)(1.4M)234.0K2.5M2.7M
Income Tax Expense(27.3K)(498.4K)305.9K112.3K129.2K135.6K
Net Income From Continuing Ops(1.9M)(2.7M)(1.4M)234.0K2.5M2.7M
Research Development897.7K1.4M2.6M4.1M3.2M1.7M
Net Income Applicable To Common Shares(1.1M)(1.9M)(2.7M)(1.4M)(1.3M)(1.2M)
Tax Provision(27.3K)(498.4K)305.9K112.3K53.9K104.6K
Net Interest Income(1.4M)(1.5M)(1.5M)(1.4M)(1.3M)(1.4M)
Interest Income63.9K12.2K30.3K127.2K111.1K57.0K
Reconciled Depreciation3.9M4.1M4.1M4.1M4.2M3.7M

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Additional Tools for Quorum Stock Analysis

When running Quorum Information's price analysis, check to measure Quorum Information's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.