IT Solutions for Automotive Dealership Market

Quorum Information Technologies Inc. (TSXV: QIS) is an information technology company focused on the automotive retail business with approximately 70% of annual revenues being SaaS-based recurring revenue. With innovation at its core, Quorum offers integrated, end-to-end business process solutions for automotive dealerships, covering all of their business-critical processes. Quorum has initiated a build, resell and acquire growth strategy. This strategy combines the continued development of new Quorum products, acquiring strategic companies that provide innovative solutions that augment Quorum’s existing product suite, and partnering with complimentary third-party providers to re-sell value-added solutions to Quorum’s existing customer base.

For more information, visit company’s website: quorumdms.com

Why Investors Can’t Miss Quorum’s Presentation:

• 95% – 98% of total revenue is stable, low risk, recurring revenue (SaaS and BDC revenue)
• June 2020 annual revenue run rate is $31.4 million (monthly revenues return to pre-COVID levels)
• Compound annual revenue growth rate (2017 – Q2 2020 annualized) is 25%
• Hold 28% share of Canadian total addressable market (TAM)
• Multiple continued growth opportunities:
  1. Cross-selling to existing customers (increasing ARRPU)
  2. Acquisitions (completed 3 acquisitions in past 3 years)
  3. Expansion into US – USA TAM of 19,575 automobile dealerships
• Continually innovating to meet the changing needs of the retail automobile industry
• Trailing 12-month EV/Revenue multiple of 2.6x (compared to SEG SaaS Index Public Company Multiple for 2Q 2020 at 8.8x: https://softwareequity.com/seg-snapshot-2q20-saas-public-market-update/)
• Sell side analyst one year price targets (post Q2 2020 results) average $1.67/share
• Automobile dealership market improves into Q3; positive COVID tailwinds if consumers chose to drive rather than take public transit

Register now to listen to Quorum’s presentation at the GCFF Virtual Conference on September 10th!

Corporate Speaker

Maury Marks | President and CEO

Throughout his career, Quorum President and CEO, Maury Marks, has established himself as a visionary in the automotive retail technology industry. As one of the original founders of Quorum Information Technologies, Maury has created a team that is committed to building and providing the best dealership systems in the automobile industry.

GCFF Virtual Conference – Investing in Innovation

September 10th, 2020 Thursday

8:30am – 1:30pm PST (11:30am – 4:30 EST)

Covering the healthcare, technology, fintech and cannabis sectors the GCFF Virtual Conference – Investing in Innovation will provide its participants with access to exciting investment opportunities that are at the cusp of value growth. The bilingual online event will feature 12 public and private company presentations and will broadcasted in both English and Mandarin Chinese channels. Register for our virtual event today!

 

GCFF Technology