Victory Square Technologies (OTCMKTS:VSQTF) Issues Earnings Results

Victory Square Technologies (OTCMKTS:VSQTF) issued its quarterly earnings data on Monday. The company reported $0.01 EPS for the quarter, Zacks reports. Victory Square Technologies had a net margin of 7.05% and a return on equity of 15.76%. The firm had revenue of $20.25 million for the quarter.

Victory Square Technologies Stock Down 12.2%

Shares of OTCMKTS VSQTF traded down $0.06 during midday trading on Wednesday, reaching $0.42. 5,000 shares of the company’s stock traded hands, compared to its average volume of 77,045. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.19. The company has a market cap of $44.01 million, a price-to-earnings ratio of 10.56 and a beta of 1.83. The stock’s 50 day simple moving average is $0.48 and its 200-day simple moving average is $0.45. Victory Square Technologies has a one year low of $0.30 and a one 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.