Quorum Information Technologies Inc
XTSX:QIS
Income Statement
Earnings Waterfall
Quorum Information Technologies Inc
Revenue
|
40.2m
CAD
|
Cost of Revenue
|
-21.1m
CAD
|
Gross Profit
|
19.1m
CAD
|
Operating Expenses
|
-18m
CAD
|
Operating Income
|
1.1m
CAD
|
Other Expenses
|
-1.7m
CAD
|
Net Income
|
-547.6k
CAD
|
Income Statement
Quorum Information Technologies Inc
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
8
N/A
|
8
+3%
|
8
+3%
|
9
+6%
|
9
+4%
|
9
+2%
|
9
+2%
|
10
+3%
|
10
+6%
|
11
+4%
|
11
+5%
|
12
+3%
|
12
+2%
|
12
+3%
|
13
+3%
|
13
+1%
|
13
+0%
|
13
+1%
|
13
+2%
|
13
+3%
|
14
+3%
|
16
+20%
|
20
+23%
|
25
+23%
|
30
+21%
|
33
+9%
|
34
+4%
|
32
-7%
|
31
-2%
|
31
-1%
|
31
+0%
|
34
+10%
|
35
+3%
|
36
+3%
|
37
+2%
|
38
+2%
|
38
+2%
|
39
+2%
|
39
+2%
|
40
+1%
|
40
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(9)
|
(11)
|
(14)
|
(16)
|
(18)
|
(18)
|
(17)
|
(17)
|
(19)
|
(17)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
|
Gross Profit |
4
N/A
|
4
+6%
|
5
+7%
|
5
+9%
|
5
+5%
|
5
-7%
|
5
+2%
|
5
+2%
|
5
+3%
|
6
+3%
|
6
+2%
|
6
+1%
|
6
+2%
|
6
+7%
|
6
+2%
|
6
+1%
|
6
-2%
|
6
-1%
|
6
+2%
|
6
+2%
|
7
+2%
|
8
+14%
|
9
+21%
|
11
+23%
|
14
+23%
|
15
+10%
|
16
+5%
|
15
-9%
|
14
-3%
|
12
-13%
|
14
+11%
|
15
+12%
|
16
+4%
|
16
+4%
|
17
+4%
|
18
+4%
|
18
+3%
|
19
+2%
|
19
+1%
|
19
+1%
|
19
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(7)
|
(7)
|
(8)
|
(10)
|
(11)
|
(13)
|
(15)
|
(16)
|
(15)
|
(15)
|
(13)
|
(13)
|
(15)
|
(16)
|
(16)
|
(19)
|
(20)
|
(20)
|
(18)
|
(18)
|
(18)
|
(18)
|
|
Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(8)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(10)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Operating Income |
0
N/A
|
1
+54%
|
1
+39%
|
1
+22%
|
1
-6%
|
1
-33%
|
1
-7%
|
1
+27%
|
1
-3%
|
1
-1%
|
1
+16%
|
1
-27%
|
1
+19%
|
1
-2%
|
1
-26%
|
1
+16%
|
1
-10%
|
1
+8%
|
1
+83%
|
(0)
N/A
|
(0)
-367%
|
(0)
-48%
|
(0)
+2%
|
(0)
+87%
|
0
N/A
|
0
-90%
|
(0)
N/A
|
(1)
-427%
|
(1)
-33%
|
(0)
+41%
|
0
N/A
|
0
-11%
|
0
-87%
|
(0)
N/A
|
(2)
-21 300%
|
(2)
+13%
|
(2)
-9%
|
0
N/A
|
1
+46%
|
1
+25%
|
1
+40%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
0
N/A
|
0
+88%
|
1
+45%
|
1
+25%
|
1
-6%
|
1
-38%
|
0
-6%
|
1
+34%
|
1
-3%
|
1
-3%
|
1
+20%
|
1
-27%
|
1
+23%
|
1
+4%
|
0
-26%
|
1
+16%
|
1
-7%
|
1
+183%
|
1
-31%
|
1
-20%
|
1
-29%
|
(1)
N/A
|
(1)
-44%
|
(1)
+9%
|
(1)
+17%
|
(1)
-133%
|
(1)
-16%
|
(2)
-35%
|
(2)
-3%
|
(2)
+9%
|
(1)
+31%
|
(1)
-4%
|
(2)
-11%
|
(3)
-113%
|
(4)
-10%
|
(3)
+9%
|
(4)
-10%
|
(1)
+68%
|
(1)
+19%
|
(1)
+22%
|
(0)
+59%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
0
|
(0)
|
0
|
(1)
|
0
|
0
|
(0)
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
|
Income from Continuing Operations |
(0)
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
(0)
N/A
|
0
N/A
|
0
+48%
|
1
+19%
|
1
+22%
|
0
-69%
|
0
-47%
|
0
+390%
|
0
-29%
|
0
+29%
|
1
+28%
|
0
-38%
|
0
+3%
|
0
+33%
|
0
-19%
|
1
+25%
|
1
+8%
|
0
-12%
|
0
-60%
|
(0)
N/A
|
(0)
-50%
|
(1)
-58%
|
(1)
-44%
|
(0)
+52%
|
0
N/A
|
(1)
N/A
|
(2)
-37%
|
(2)
-25%
|
(3)
-52%
|
(2)
+35%
|
(1)
+35%
|
(1)
-15%
|
(1)
+15%
|
(3)
-131%
|
(3)
-11%
|
(3)
0%
|
(3)
-8%
|
(1)
+57%
|
(1)
+3%
|
(1)
+55%
|
(1)
+12%
|
|
EPS (Diluted) |
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.04
-33%
|
-0.03
+25%
|
-0.02
+33%
|
-0.02
N/A
|
-0.02
N/A
|
-0.04
-100%
|
-0.04
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.02
+50%
|
-0.02
N/A
|
-0.01
+50%
|
-0.01
N/A
|