Quadrant 4 Systems (OTC: QFOR)

 Research Report

Quadrant 4 Systems Corporation is a leading provider in of health exchange platforms, innovative software products and proprietary SMAC (social media, mobility, analytics and cloud computing) solutions to enterprise clients in Retail and Manufacturing, Media and Publishing, Financial Services and Health Care sectors. QFOR delivers end-to-end information technology solutions through a unique blend of business consulting, software development and maintenance solutions, and services. The company harnesses the capabilities to handle customers’ complex business problems, well supported by best practice tools, processes and methodologies. Pioneering the adoption of flexible global practices, Quadrant 4 Systems is the next-generation IT Company, striking an effective and a winning combination out of Cloud, Business Intelligence, Enterprise Mobility and Business Analytics.

Find a broker to begin trading QFOR now

Investment HighlightsValue Proposition
Company Name Quadrant 4 Systems
Market/Symbol OTC: QFOR
Recent Price
Market Cap $26.21M
Avg. Daily Vol. (3m) 43,572
Price/Book N/A
Price/Cash Flow 2x
As of Oct. 28, 2016
*Source: QuoteMedia

Begin trading QFOR

 Find Broker

Recent Company Videos

Quadrant 4 Systems (OTCQB: QFOR): Robert Steele Explains Superior Healthcare Exchange Platform

Oct. 17, 2014

Dave Gentry interviews Robert Steele, Chief Sales and Marketing Officer of Quadrant 4 Systems Corp. (OTC QB: QFOR), a leading provider of health exchange ...

Investment Highlights

Focused on Social Media, Mobile, Analytics and Cloud (SMAC) technologies; four technologies that are shaping the future. SMAC projected to be worth $5T by 2020

  • Healthcare exchanges projected as a $2B-$6B market

Market size for e-commerce and cloud-based retail software projected at $3 billion for 2013 (source: Gartner). QFOR's RetailSphere already implemented by dozens of retailers and franchises

  • SMAC product gross margins expected to range from 65%-75%

  • New Media Division will enable clients to contain costs, benefit from economies of scale, and expand distribution channels

  • SIM will invest $50 million to develop a custom multi-platform digital media infrastructure to better focus on content creation and development of solutions for their customers

Value Proposition

New SMAC-based products are projected to substantially increase revenue growth, margins, and EBITDA for QFOR, leading to our 2015 projections of $123 million in revenue, 49.4% gross margins and $31.2 million in EBITDA. We are valuing QFOR using a P/S multiple of 6.5x. Given robust revenue, EBITDA, and net income growth over the next few years, we believe this multiple is conservative. We apply this multiple to our FY15 estimated revenue per share projection of $1.13. Assigning an 8% discount rate to this total over 1 year we derive a target price of $7.00.

Quadrant 4 Systems Latest News

Ask the CEO

Meet The Board of Directors

Dhru Desai


Nandu Thondavadi

Thomas E. Sawyer


Eric Gurr

Chairman of the Audit Committee

QFOR Research

3Q14 revenue increased 45% YoY to $13.2 million; positive net income reported for 2nd consecutive quarter. QFOR continued to show strong revenue growth, with 3Q14 revenue up 45% YoY to… Read More

Nov. 17, 2014

For over two decades RedChip Companies has been writing research on small-cap stocks. RedChip was the first to put independent research coverage on Starbucks in 1992. Our research analysts, CFAs, include financial models and target prices based on industry competitors. Our analysts cover dozens of stocks with a focus on healthcare, technology, social media, and consumer goods.

RedChip Companies research reports are distributed to 60,000 opt-in retail, institutional, and accredited investors.

RedChip Direct Investment Opportunities For Private and Public Companies

Receive QFOR Email Alerts

*By entering your information you agree to our privacy policy.

"I work with many of the companies that would be RedChip companies. And we certainly ascribe to the same view that the RedChip Companies do, which is Discovering Tomorrow's Blue Chips Today."

  • Bob McCooey, Senior Vice President The NASDAQ Stock Market