Victory Square Technologies (OTCMKTS:VSQTF) Posts Earnings Results

Victory Square Technologies (OTCMKTS:VSQTF) released its quarterly earnings results on Monday. The company reported $0.02 EPS for the quarter, Zacks reports. Victory Square Technologies had a return on equity of 0.46% and a net margin of 2.56%.The company had revenue of $18.17 million for the quarter.

Victory Square Technologies Stock Down 2.4%

Shares of OTCMKTS VSQTF traded down $0.01 during midday trading on Wednesday, hitting $0.56. The company’s stock had a trading volume of 46,870 shares, compared to its average volume of 90,598. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.64 and a quick ratio of 3.64. The firm has a market capitalization of $57.86 million, a price-to-earnings ratio of 55.56 and a beta of 1.80. The business’s fifty day simple moving average is $0.45 and its two-hundred day simple moving average is $0.48. Victory Square Technologies has a 1 year low of $0.12 and a 1 year high of $0.72.

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.