VIQ Solutions Inc.

VIQ Solutions Inc.

VQSSF
VIQ Solutions Inc.US flagOther OTC
0.08
USD
- -
- -
4.25MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.23
2
1.46
1.4
1.64
1.42
2.57
1.76
1.17
1.45
1.1
0.86
0.74
1.14
Basic EPS, GAAP
-0.22
-0.2
-0.15
-0.15
-0.12
-0.75
-0.46
-0.62
-0.74
-0.28
-0.38
-0.14
-0.25
-0.4
Free Cash Flow per Basic Share
-0.09
-0.12
-0.15
-0.09
-0.31
-0.43
-0.24
0.09
-0.4
-0.17
-0.13
-0.01
0.01
-0.13
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-2.28
-2.29
-2.42
-2.07
0.53
-0.12
-0.23
0.82
0.65
0.35
-0.05
-0.15
-0.36
-0.05
Tangible Book Value per Share
0.18
0.11
0.07
0.21
0.58
-1.6
-1.26
0.04
-0.2
-0.23
-0.37
-0.34
-0.36
-0.39
Basic Weighted Avg Shares
5
5
5
6
7
8
10
18
26
32
37
50
56
36
Sales/Revenue/Turnover
10
9
7
9
12
11
25
32
31
46
41
43
41
41
Operating Margin (%)
-11.76
-10.86
-11.39
-9.93
-6.73
-26.36
-11.26
-6.12
-59.35
-26.62
-25.86
-7.23
1.06
-25.86
Depreciation Expense
- -
- -
- -
- -
- -
1
4
5
5
6
5
4
3
5
Net Income, GAAP
-1
-1
-1
-1
-1
-6
-5
-11
-20
-9
-14
-7
-14
-14
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-9.87
-9.83
-10.46
-11.02
-7.26
-52.92
-18.03
-35.1
-63.38
-18.99
-34.93
-16.32
-33.22
-34.93
Working Capital
- -
-1
- -
1
4
-5
-3
13
8
-8
-1
-17
-19
-1
LT Debt
- -
- -
- -
- -
- -
8
10
12
13
1
13
16
20
13
Total Equity
2
1
1
3
7
3
2
20
22
16
6
- -
-11
6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
-122.73
-61.88
- -
- -
- -
-416.98

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
1
- -
1
LT Borrowings
9
11
13
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
41
41
Market Capitalization
11
6
6

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
9
9
8
Cash, Cash Equivalents & STI
2
2
2
Accounts Receivable, Net
5
5
4
Inventories
- -
- -
- -
Total Current Liabilities
10
10
9
Payables & Accruals
7
7
6
ST Debt
1
- -
1
Deferred Revenue
2
2
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-336.43%
-864.03%
-4,146.6%
Free Cash Flow
-111.48%
-251.63%
-326.67%
Net Income, GAAP
88.1%
26.05%
95.66%
Sales/Revenue/Turnover
23.64%
7.26%
-3.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
10
11
10
10
41
2024
11
11
- -
- -
43
2025
11
11
- -
- -
41

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.1
-0.1
-0.11
- -
-0.38
2024
-0.02
- -
- -
- -
-0.14
2025
-0.03
- -
- -
- -
-0.25

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Larry Douglas Taylor
Full Time Employees
334
Sector
Technology
Industry
Software - Application
Address
5915 Airport Road Mississauga ON Canada L4V 1T1
IPO Date
Sep 25, 2012
Business
VIQ Solutions Inc. (TSXV: VQS; OTC: VQSSF), founded in 2004 and headquartered in Mississauga, Ontario, Canada, serves as a global provider of secure, AI-driven digital voice and video capture technology; transcription services; and comprehensive workflow solutions for content capture, management, retrieval, and repurposing in rigid security environments including criminal justice, legal, law enforcement, insurance, government, corporate finance, media, and transcription service providers. The company offers core products such as Carbon, a media-centric web-based platform leveraging automatic speech-to-text technology; multi-channel audio-visual capture and management solutions; video interview software; AI-assisted analytics tools; digital audio-visual capture, management, and collaboration software; court reporting solutions; and professional transcription workflow services enhanced by human review, targeting courthouses, law firms, agencies, and enterprises requiring high-quality evidentiary documentation across Australia, the United Kingdom, Canada, the United States, and other international markets. VIQ Solutions operates through reportable segments encompassing technology and related revenue from developing, distributing, and licensing computer-based digital solutions alongside technology services for recording and transcription. Recent developments include the closing of an insider-led non-brokered private placement on October 28, 2025, raising approximately C$2.0 million through the issuance of 10,752,685 units at C$0.186 each, with director Bradley Wells acquiring 4,838,709 units to increase his partial-diluted ownership from 17.11% to 26.71%; an upsized private placement exceeding C$3 million for technology innovations aimed at improving margins and delivery speed; and a planned delisting from the TSX around October 20, 2025, followed by trading commencement on the TSX Venture Exchange approximately October 21, 2025.

Company News

APIChat
  • VIQ Solutions Reports Adjusted EBITDA up 45% for the Three Months Ended March 31, 2026

  • VIQ Solutions Reports Adjusted EBITDA Up 264% and 152% for the Three months and Year Ended December 31, 2025

  • 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

  • Beedie Investments Ltd. Announces Filing of Updated Early Warning Report in Relation to VIQ Solutions

  • 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 Reports Adjusted EBITDA Up 72% and 115% for the Three and Nine Months Ended September 30, 2025; Scalable Operational Architecture Integrated Into Australian Operations Expected to Contribute Over $3 Million Annually

  • 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