Victory Square Technologies Inc.

Victory Square Technologies Inc.

VSQTF
Victory Square Technologies Inc.US flagOther OTC
0.37
USD
+0.02
- -
38.56MMarket Cap
Victory Square Technologies Inc.
VSQTF
(Other OTC)

Recent

price

0.37

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.01
0.01
0.06
0.05
0.02
0.02
0.06
0.12
0.17
0.35
0.77
Revenue per Share
-0.03
-0.06
-0.05
-0.18
-0.1
0.27
-0.15
-0.25
-0.14
0.01
0.02
0.05
Basic EPS, GAAP
-0.03
-0.05
-0.03
-0.04
-0.04
-0.04
-0.09
-0.04
-0.03
-0.02
-0.05
-0.14
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.01
0.03
0.16
0.2
0.11
0.43
0.28
0.14
0.04
0.06
0.3
0.44
Book Value per Share
- -
-0.02
0.13
0.18
0.11
0.37
0.21
0.07
0.01
0.03
0.25
0.38
Tangible Book Value per Share
20
42
53
69
73
75
94
98
100
100
102
102
Basic Weighted Avg Shares
- -
- -
1
4
4
1
1
6
12
17
35
78
Sales/Revenue/Turnover
-1,645.71
-623.8
-384.24
-143.07
-78.53
-165.55
-944.09
-232.79
-84.88
-12.5
1.93
8.71
Operating Margin (%)
- -
- -
1
2
1
1
3
3
3
1
1
1
Depreciation Expense
-1
-3
-3
-13
-7
20
-14
-24
-14
1
2
5
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-1,905.18
-626.78
-369.44
-284.43
-210.32
1,339.27
-927.03
-407.99
-117.42
7.38
5.75
6.99
Profit Margin (%)
- -
-1
2
3
-1
3
- -
-1
-6
-6
15
34
Working Capital
- -
- -
- -
- -
1
- -
1
5
4
- -
8
9
LT Debt
- -
1
10
16
9
39
31
13
- -
3
28
48
Total Equity
- -
- -
- -
- -
- -
-9.57
- -
- -
- -
- -
- -
20.03
Return on Invested Capital (%)
- -
- -
- -
- -
- -
78.21
- -
- -
- -
- -
- -
13.93
Return on Capital (%)
- -
-295.47
-48.58
-105.63
-65.46
96.51
-45.93
-117
-157.97
24.45
11.04
19.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
8
9
9
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
76
49
71

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
22
39
54
Cash, Cash Equivalents & STI
16
24
20
Accounts Receivable, Net
2
11
19
Inventories
- -
- -
- -
Total Current Liabilities
7
8
19
Payables & Accruals
4
4
17
ST Debt
- -
- -
- -
Deferred Revenue
2
3
2

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
87.76%
-66.98%
906.03%
Free Cash Flow
48.66%
45.48%
177.72%
Net Income, GAAP
6.96%
-36.02%
65.06%
Sales/Revenue/Turnover
214.27%
110.18%
111.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
4
5
4
17
2025
5
5
11
15
35
2026
25
28
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.02
0.11
- -
0.01
2025
-0.01
- -
0.01
- -
0.02
2026
0.02
0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Victory Square Technologies Inc. (CSE: VST; OTCQX: VSQTF) is a Vancouver-based venture builder and technology accelerator that invests in, incubates, acquires and scales early-stage startups across emerging technology sectors including digital health, Web3, gaming, the creator economy, NFTs, the metaverse, blockchain, artificial intelligence, machine learning, virtual reality/augmented reality, climate tech and clean technology; through its portfolio of more than 25 companies, it offers investors audited, transparent and liquid access to high-growth ventures via a diversified public vehicle, providing operational support, strategic guidance and resources from incubation to monetization. The firm targets minority-led entrepreneurs and integrates ESG principles, focusing on underserved communities in youth, mental health, special needs, sports, education, First Nations and accessibility; it operates primarily in Canada and the United States with global deal flow from internal incubators like Living Labs and accelerators such as Launch Academy. Founded in 2015 and headquartered at 800-1500 West Georgia Street in Vancouver, British Columbia, the company was formerly known as Fantasy 6 Sports Inc. prior to its name change in June 2017. Its core offerings encompass minority equity investments in portfolio companies delivering solutions in blockchain-based finance, digital health platforms like VSDHOne for telehealth and compliance across all 50 U.S. states, immersive gaming and esports, AI-driven tools, creator economy platforms, metaverse experiences and renewable energy technologies; Victory Square emphasizes sectors disrupting the 4th Industrial Revolution, with management holding over 20% ownership to align incentives and drive value through liquidity events, having achieved nearly 9x returns on capital from six monetized investments to date. Recent developments include the completion in October 2024 of a strategic transaction divesting its Block X Capital Corp. subsidiary to Edge Total Intelligence Inc. (TSXV: CTRL) for 4.25 million subordinate voting shares valued at approximately $3.95 million, resulting in the formation of EdgeAI Technologies Inc. to expand AI and digital transformation capabilities; in partnership with Hydreight Technologies Corp. (TSXV: NURS), it launched a $10 million health accelerator in 2024 to support nationwide scaling of emerging healthcare brands on the VSDHOne platform, alongside Hydreight's collaboration with The DRIPBaR for 'DRIPBaR Direct' offering telehealth wellness treatments; the company reported Q3 2024 net income of $10.7 million, unaudited net asset value of $127.5 million as of January 2025 and portfolio expansions in asynchronous telehealth for skincare, hair loss and sexual health, while outlining 2025 priorities in digital health growth and AI opportunities.

Company News

  • Victory Square Technologies Reports First-Half 2026 Revenue of $53.0 Million and Net Income of $6.5 Million

  • Hydreight Reports Record Q2 2026 Revenue of $28.0 Million, Net Income of $2.5 Million and Adjusted EBITDA of $3.2 Million

  • Hydreight Reports Record Q2 2026 Revenue of $28.0 Million, Net Income of $2.5 Million and Adjusted EBITDA of $3.2 Million

  • Hydreight Technologies Announces Timing of Q2 2026 Financial Results and Investor Webcast Featuring Live Analyst Q&A

  • Hydreight to Participate in Canaccord Genuity's 46th Annual Growth Conference in Boston

  • Victory Square Provides Update on Hydreight and Healthcare Investments Following FDA Advisory Committee Recommendations on Peptide-Related Bulk Drug Substances

  • Hydreight Provides Business Update on its Peptide Healthcare Platform Following Recent FDA Advisory Committee Recommendations

  • Victory Square Reports Q1 2026 Financial Results and Provides Portfolio Update

  • Victory Square Reports Q1 2026 Financial Results and Provides Portfolio Update

  • Hydreight Delivers Record First Quarter 2026 Revenue of $24.9 Million with 449% Revenue Growth, $3.3 Million in Adjusted EBITDA² and $32.0 Million in Working Capital

  • Hydreight Delivers Record First Quarter 2026 Revenue of $24.9 Million with 449% Revenue Growth, $3.3 Million in Adjusted EBITDA² and $32.0 Million in Working Capital

  • Hydreight Technologies Announces Timing of Q1 2026 Financial Results and Investor Webcast

  • Victory Square Technologies Reports Fiscal 2025 Results Highlighting Platform Scaling, Healthcare Infrastructure Growth and Portfolio Momentum

  • Hydreight Reports Record Fiscal 2025 Results as VSDHOne Drives Rapid Growth and Platform Scale

  • Comparing U-BX Technology (NASDAQ:UBXG) and Victory Square Technologies (OTCMKTS:VSQTF)

  • Hydreight Announces Normal Course Issuer Bid

  • Victory Square Provides Corporate Update on Healthcare Infrastructure Strategy and Portfolio Developments

  • Everspin Tech (NASDAQ:MRAM) vs. Victory Square Technologies (OTCMKTS:VSQTF) Critical Analysis

  • Victory Square Technologies Inc. (OTCMKTS:VSQTF) Sees Significant Decrease in Short Interest

  • Victory Square Technologies Inc. (OTCMKTS:VSQTF) Short Interest Down 81.0% in December