Victory Square Technologies Inc.

Victory Square Technologies Inc.

VST.CN
Victory Square Technologies Inc.CA flagCanadian Securities Exchange
0.68
CAD
+0.01
- -
70.91MMarket Cap
Victory Square Technologies Inc.
VST.CN
(Canadian Securities Exchange)

Recent

price

0.68

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
0.55
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
0.04
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
-0.1
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.04
0.03
0.18
0.2
0.09
0.36
0.25
- -
-0.13
-0.12
-0.09
-0.06
Book Value per Share
0.01
-0.03
0.16
0.22
0.12
0.46
0.26
0.06
-0.03
-0.01
0.23
0.41
Tangible Book Value per Share
20
42
53
69
73
75
94
98
100
100
102
101
Basic Weighted Avg Shares
- -
- -
1
4
4
1
1
6
12
17
35
56
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
6.7
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
8.15
Profit Margin (%)
- -
-1
2
3
-1
3
- -
-1
-6
-6
15
31
Working Capital
- -
- -
- -
- -
1
- -
1
5
4
- -
8
9
LT Debt
- -
1
10
16
9
39
31
13
- -
3
28
46
Total Equity
- -
- -
- -
- -
- -
-9.57
- -
- -
- -
- -
- -
11.57
Return on Invested Capital (%)
- -
- -
- -
- -
- -
92.29
- -
- -
- -
- -
- -
-95.27
Return on Capital (%)
- -
- -
-50.14
-109.44
-73.52
119.16
-54.99
-202.87
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
8
8
9
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
72
74
48

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
21
22
39
Cash, Cash Equivalents & STI
19
16
24
Accounts Receivable, Net
- -
2
11
Inventories
- -
- -
- -
Total Current Liabilities
6
7
8
Payables & Accruals
3
4
4
ST Debt
- -
- -
- -
Deferred Revenue
2
2
3

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
- -
- -
- -
- -

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
- -
- -
- -
- -

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 investor that builds, acquires and invests in early-stage startups focused on disruptive technologies; its portfolio of more than 25 companies spans sectors including artificial intelligence, blockchain, Web3, digital health, gaming, the creator economy, metaverse, virtual/augmented reality, climate tech, fintech, insurance and esports. The company provides senior leadership, operational resources and strategic support to accelerate portfolio growth and monetization, offering investors liquid exposure to high-potential tech ventures without traditional venture fund restrictions; key portfolio assets include Hydreight for at-home health services, VSDHOne for telehealth platforms, XR Immersive Tech for VR/AR solutions, Insu Therapeutics advancing oral insulin and continuous glucose monitoring technologies, and Pawsible Ventures developing pet wellness funds. Founded in 2015 and headquartered at 800-1500 West Georgia Street in Vancouver, Canada, with an additional office in Lewes, Delaware, Victory Square operates globally with a strong emphasis on ESG principles, supporting underrepresented entrepreneurs and community initiatives in youth, mental health and education. Recent developments include the October 2024 completion of a $1.7 million strategic transaction divesting BlockX Capital to Edge Total Intelligence Inc., receiving 4.25 million shares valued at approximately $3.95 million and forming EdgeAI Technologies Inc. to expand AI capabilities; Q3 2024 net income of $10.7 million; 33% year-over-year revenue growth to $13.9 million in H1 2025 driven by Hydreight's profitable quarters; and advancements such as Hydreight's nationwide expansion of at-home blood testing and VSDHOne's new asynchronous telehealth offerings in skincare, hair loss and sexual health.

Company News

APIChatGPT
  • 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