Victory Square Technologies (OTCMKTS:VSQTF) Releases Quarterly Earnings Results

Key Points

• Victory Square Technologies reported $0.01 EPS for the quarter but remains unprofitable, with a -28.04% net margin and a -85.13% return on equity.
• Shares fell $0.02 to $0.51 on volume of 77,836 (vs. average 94,410); the stock has a market cap of $53.07 million, a negative P/E of -10.18, and 50-/200-day SMAs of $0.39 and $0.49 respectively.
• Victory Square is a venture builder that incubates and scales early-stage tech companies—notably in digital media, esports, VR/AR, blockchain and AI—through its Victory Square Labs arm, offering seed capital and operational support.

Victory Square Technologies (OTCMKTS:VSQTF - Get Free Report) posted its earnings results on Friday. The company reported $0.01 EPS for the quarter, Zacks reports. Victory Square Technologies had a negative net margin of 28.04% and a negative return on equity of 85.13%.

Victory Square Technologies Stock Performance

Shares of VSQTF stock traded down $0.02 during mid-day trading on Friday, hitting $0.51. 77,836 shares of the stock were exchanged, compared to its average volume of 94,410. The stock's fifty day simple moving average is $0.39 and its two-hundred day simple moving average is $0.49. The stock has a market capitalization of $53.07 million, a price-to-earnings ratio of -10.18 and a beta of 1.52. Victory Square Technologies has a 12-month low of $0.12 and a 12-month high of $0.72. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.64 and a current ratio of 3.64.

Victory Square Technologies Company Profile

Victory Square Technologies Inc is a publicly traded venture builder and investment company based in Vancouver, British Columbia, listed on the OTC Pink market under the symbol VSQTF. The company focuses on incubating and scaling early-stage technology businesses in sectors such as digital media, esports, virtual reality and augmented reality (VR/AR), blockchain and artificial intelligence (AI). Through its platform, Victory Square provides seed capital, hands-on operational support and access to a network of industry partners to accelerate the growth of its portfolio companies.

Operating primarily through its subsidiary Victory Square Labs (VSL), Victory Square identifies promising startups and collaborates with founding teams to bring products to market.

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