VIQ Solutions Inc.

VIQ Solutions Inc.

VQS
VIQ Solutions Inc.US flagNASDAQ Capital Market
0.14
USD
-0.02
- -
5.78MMarket Cap
VIQ Solutions Inc.
VQS
(NASDAQ Capital Market)

Recent

price

0.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

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Business
VIQ Solutions Inc. (TSX-V: VQS) provides secure, AI-driven digital voice and video capture technology, transcription services, and comprehensive workflow solutions for digital evidence management; its core offerings include the Carbon platform for media-centric web-based automatic speech-to-text capture, FirstDraft SaaS for AI-powered transcription, aiAssist with domain-specific language models, multi-channel audio/video capture and management software, video interview tools, AI-assisted analytics, and hybrid human-reviewed transcription services tailored for courts, law enforcement, insurance, legal firms, government agencies, corporate finance, media broadcasting, and transcription providers. Founded in 2004 and headquartered in Mississauga, Ontario, Canada, the company operates globally with key locations in the United States (Phoenix, Arizona), Australia (Sydney, New South Wales), and serves clients across North America, Australia, and other regions through its cyber-secure platform that enhances evidentiary workflow digitization, improves transcript accuracy, reduces turnaround times, and drives operational efficiencies. Recent developments include reporting adjusted EBITDA increases of 72% to $1.4 million in Q3 2025 and 115% to $3.2 million year-to-date through September 30, 2025, driven by AI automation, productivity gains, and gross margin expansion to 47.8% in Q3; closing an upsized insider-led private placement raising approximately C$2.5 million in late 2025; introducing advanced automation solutions to transform court documentation workflows in November 2025; initiating a strategic review process in February 2025 to explore alternatives for unlocking shareholder value alongside amendments to its credit agreement with Beedie Investments Ltd.; achieving a $6.0 million year-over-year adjusted EBITDA improvement in FY 2024 through SaaS expansion adding 59 new clients, doubled FirstDraft revenue, and enhanced AI platform capabilities; and implementing executive leadership changes including appointing Larry Taylor as interim CEO.

Company News

APIChat
  • VIQ Solutions Announces Voluntary Administration of Australian Subsidiaries to Focus on its North American and United Kingdom Operations

  • VIQ Solutions Identifies Data Incidents in Australia

  • VIQ Announces Normal Course Issuer Bid

  • VIQ Solutions Inc. Announces Appointment of Larry Taylor as CEO

  • VIQ Solutions Inc. Introduces Advanced Automation to Transform Court Documentation Workflows

  • VIQ Solutions to Report Third Quarter 2025 Financial Results on Wednesday, November 12, 2025

  • VIQ Solutions Announces Closing of Upsized Private Placement

  • VIQ Solutions Announces Closing of Insider Led Private Placement

  • VIQ Solutions Announces Insider Led Private Placement

  • VIQ Solutions Completes TSXV Listing and Voluntary Delisting from TSX

  • VIQ Solutions Announces TSXV Listing and Voluntary Delisting from TSX

  • VIQ Solutions Announces Closing of Insider Led Private Placement

  • VIQ Solutions Announces Insider Led Private Placement

  • VIQ Solutions Inc. (VQSSF) Q2 2025 Earnings Conference Call Transcript

  • VIQ Solutions Posts Fifth Straight Positive Adjusted EBITDA Quarter

  • VIQ Solutions Announces Executive Leadership and Board Changes

  • VIQ Solutions Announces Amendments to Credit Agreement

  • VIQ Solutions to Report Second Quarter 2025 Financial Results on Wednesday, August 13, 2025

  • VIQ Solutions Announces Voting Results From Annual Meeting of Shareholders

  • VIQ Solutions Posts Fourth Consecutive Quarter of positive Adjusted EBITDA, Driven by Scalable AI Platform and Structural Margin Gains