Quorum Information Technologies Stock Gross Profit

QIS Stock  CAD 0.75  0.01  1.35%   
Quorum Information Technologies fundamentals help investors to digest information that contributes to Quorum Information's financial success or failures. It also enables traders to predict the movement of Quorum Stock. The fundamental analysis module provides a way to measure Quorum Information's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quorum Information stock.
Last ReportedProjected for Next Year
Gross Profit19.1 M20.1 M
Gross Profit Margin 0.38  0.36 
Gross Profit is likely to climb to about 20.1 M in 2024, whereas Gross Profit Margin is likely to drop 0.36 in 2024.
  
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Quorum Information Technologies Company Gross Profit Analysis

Quorum Information's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Quorum Information Gross Profit

    
  18.66 M  
Most of Quorum Information's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quorum Information Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Quorum Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Quorum Information is extremely important. It helps to project a fair market value of Quorum Stock properly, considering its historical fundamentals such as Gross Profit. Since Quorum Information's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quorum Information's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quorum Information's interrelated accounts and indicators.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Quorum Information Technologies reported 18.66 M of gross profit. This is 99.98% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The gross profit for all Canada stocks is 99.93% higher than that of the company.

Quorum Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quorum Information's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quorum Information could also be used in its relative valuation, which is a method of valuing Quorum Information by comparing valuation metrics of similar companies.
Quorum Information is currently under evaluation in gross profit category among related companies.

Quorum Information Current Valuation Drivers

We derive many important indicators used in calculating different scores of Quorum Information from analyzing Quorum Information's financial statements. These drivers represent accounts that assess Quorum Information's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quorum Information's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap80.7M76.0M82.3M57.8M45.5M25.9M
Enterprise Value84.6M79.9M88.1M68.0M54.8M57.6M

Quorum Fundamentals

About Quorum Information Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quorum Information Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quorum Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quorum Information Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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Complementary 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.
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Please note, there is a significant difference between Quorum Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quorum Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quorum Information's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.