Quorum Information Technologies Inc. (TSXV:QIS)

TSXV:QIS Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5	2.18	3.6	4.87	6.48	9.33
Cash & Short-Term Investments	5	2.18	3.6	4.87	6.48	9.33
Cash Growth	85.53%	-39.50%	-26.02%	-24.82%	-30.54%	9.03%
Accounts Receivable	2.83	3.61	3.51	3.38	3.58	3.05
Receivables	2.83	3.61	3.53	3.69	3.72	3.46
Inventory	-	-	-	0.01	0.01	0.03
Prepaid Expenses	1.01	0.86	0.74	0.89	0.72	0.38
Other Current Assets	0.16	0.18	0.17	0.1	0.08	0.1
Total Current Assets	9	6.82	8.05	9.56	11.01	13.3
Property, Plant & Equipment	0.55	1.71	2.22	2.83	3.57	4.1
Goodwill	8.43	8.43	8.43	8.43	5.81	6.43
Other Intangible Assets	16.19	18.24	19.67	20.25	17.99	19.41
Long-Term Deferred Tax Assets	3.62	4.65	4.76	2.42	2.8	2.55
Long-Term Deferred Charges	0.08	0.08	0.07	0.02	0.02	0.02
Other Long-Term Assets	2.92	2.62	2.62	3.6	3.98	3.74
Total Assets	40.8	42.55	45.83	47.13	45.17	49.56

Liabilities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Accounts Payable	3.04	2.45	2.5	2.45	2.68	3.15
Current Portion of Long-Term Debt	0.26	0.77	0.84	0.46	0.3	0.15
Current Portion of Leases	0.29	0.36	0.44	0.42	0.41	0.49
Current Unearned Revenue	-	-	-	-	-	0.37
Other Current Liabilities	-	-	0.11	-	-	-
Total Current Liabilities	3.6	3.58	3.89	3.34	3.4	4.16
Long-Term Debt	3.69	4.54	9.73	11.8	8.63	9.44
Long-Term Leases	0.28	1.6	1.93	2.44	2.89	3.17
Long-Term Unearned Revenue	0.12	0.11	0.11	0.08	0.05	0.05
Long-Term Deferred Tax Liabilities	2.79	3.06	3.12	2.88	2.44	2.61
Other Long-Term Liabilities	-	-	-	-	-	0.08
Total Liabilities	10.48	12.9	18.77	20.55	17.41	19.5

Shareholders' Equity

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Common Stock	31.88	31.83	31.8	31.61	31.53	31.22
Additional Paid-In Capital	2.54	2.61	2.61	2.58	2.54	2.54
Retained Earnings	-4.11	-4.79	-7.35	-7.61	-6.3	-3.7
Shareholders' Equity	30.32	29.66	27.06	26.58	27.77	30.06
Total Liabilities & Equity	40.8	42.55	45.83	47.13	45.17	49.56

Additional Metrics

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total Debt	4.53	7.27	12.94	15.13	12.24	13.25
Net Cash (Debt)	0.47	-5.09	-9.33	-10.26	-5.76	-3.92
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.01	-0.07	-0.13	-0.14	-0.08	-0.05
Filing Date Shares Outstanding	73.64	73.59	73.54	73.24	73.13	72.81
Total Common Shares Outstanding	73.64	73.59	73.54	73.24	73.13	72.81
Working Capital	5.4	3.24	4.16	6.22	7.61	9.14
Book Value Per Share	0.41	0.40	0.37	0.36	0.38	0.41
Tangible Book Value	5.69	2.99	-1.04	-2.11	3.97	4.21
Tangible Book Value Per Share	0.08	0.04	-0.01	-0.03	0.05	0.06
Machinery	2.78	2.78	2.75	2.6	2.39	2.11
Leasehold Improvements	0.41	0.39	0.39	0.39	0.32	0.32

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Dec 21, 2025

Data Sources Report a data error