Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.

show sort by

You are not eligible to view 7 messages. To gain access to more recent message posts signup free for membership.

21	member 10/25/22 6:59AM Re: Anyone still follow? 20
I bought recently and also wrote it up for MicroCap Club.Agree that it's cheap for a sticky software business (though it's really more like 2x SaaS revenue because they have about $10 million of call... login to read the rest view available tags
20	member 10/24/22 1:09PM Anyone still follow?
Does anyone still follow this name? 1.5x sales for a super sticky software business with decent organic growth. ~8x EBITDA, and there's definitely some untapped pricing power here. Seems like an asset that would trade 3-4x view available tags
17	member 2/22/17 11:39AM QIS investor deck
Quorum finally put out an initial investor presentation with some new information: http://www.quorumdms.com/pdfs/corporate/Q3FY2016IRPresentation.pdf view available tags
15	member 12/29/16 9:43AM market size
Hey Slacktide, Figured someone else should get active on this board other than just you! In terms of market size, how many "roofs" are there in their current client base that would be easy to penetrate, how... login to read the rest view available tags
14	member 10/13/16 10:09AM two recent press releases
First, on October 4th QIS announced they've hired a third party IR consultant. She seems to have a sense of urgency about her to increase awareness, liquidity and valuation. Soon they will have an investor... login to read the rest view available tags
11	member 6/02/16 6:47PM Re: recent software buyouts 10
More detail on QLIK buyout (recurring revenue detail was left off comp table) from Jefferies, done at 10x+ recurring revenue (lower % recurring): Qlik Technologies (QLIK): QLIK To Be Acquired By Thoma Bravo QLIK Key Takeaway QLIK announced it... login to read the rest -2 view available tags
10	member 6/02/16 12:12PM recent software buyouts
There has been a sharp increase in the pace of software buyouts since the end of April. Buyouts are getting done on average in the 7x recurring revenue range. Here is a table compiling some of... login to read the rest view available tags
9	member 5/25/16 3:40PM QIS Q1 2016
QIS reported Q1 results today. Here is a link to the press release: http://files.ctctcdn.com/0d84405e101/650fdd73-954f-4cec-9552-904d172f7c26.pdf 1) Core Revenue growth accelerated to 22%...Core Revenue is something we track and is everything except transitions revenue which are lumpy and transactional in... login to read the rest view available tags
7	member 4/27/16 3:28PM Update after call with CEO/CFO
Quorum finally reported Q4/Full year 2015 results. There were not too many surprises. Increased third party costs were the biggest surprise/disappointment. A quick update is below. Integration revenue distorts what we view as the the pure... login to read the rest 2 view available tags
5	member 4/14/16 6:35PM Re: Incremental EBIT from adding 60 rooftops 4
Just realized that the above sensitivity table uses $24,000 in revenue per year for the 60 dealers, but as mentioned just a few days ago when commenting on ARPU, the Tricor dealers will have an... login to read the rest view available tags
4	member 4/14/16 4:51PM Incremental EBIT from adding 60 rooftops
Here is a senstivity table of the likely incremental EBIT that will come from adding 30-70 dealers over the next two years. I think 85-90% incremental margins on is attainable. Tricor alone has ~80 dealerships... login to read the rest view available tags
3	member 4/12/16 6:13PM historical ARPU
I was going back through Quorum's old MD&A's to see how ARPU held up during the Great Recession. ARPU was quite resilient and rose year over year in 2009. I think that even if car... login to read the rest view available tags
2	member 3/31/16 12:08PM Quorum announces mobile DMS strategy
QIS seems to be on a PR tear right before the National Automobile Dealers Association convention, which comprises one of their largest marketing expenditures for the year. Nothing too earth shattering in this release, although... login to read the rest view available tags
1	member 3/30/16 11:34AM Random press release: Quorum Highlights Growth
Quorum continues to hire in advance of an accelerating pace of new dealer implmentations. Margins could be squeezed a bit in Q4 and Q1 due to this, but going forward I think the rate of recurring... login to read the rest view available tags

load more messages

			2019	2020
Price:	19.00	EPS	1.08	1.18
Shares Out. (in M):	414	P/E	17.6	16.1
Market Cap (in $M):	7,858	P/FCF	26.2	21.2
Net Debt (in $M):	63	EBIT	610	680
TEV (in $M):	7,921	TEV/EBIT	13.0	11.9

Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report. Log in to read the full report.

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.