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OTC · Technology

VIQ Solutions Inc. (VQSSF)

VIQ Solutions Inc. reported revenue of $45.8M in fiscal 2022, up 47.7% from a year earlier. It posted a net loss of $8.7M. In fiscal 2022 capital spending exceeded operating cash flow by $3.5M. At December 31, 2022 it held $1.7M in cash against $8.7M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer, amended) (20-F/A) filed on April 13, 2023.

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Price
$0.07
+10.75% on the day · September 25, 2026
52-week range $0.03 to $0.16
Revenue (FY2022)
$45.8M
+47.7% year on year
Net margin
-19.0%

What VIQ Solutions Inc. does

VIQ Solutions Inc. is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on OTC under the ticker VQSSF.

Revenue and profit by year

Revenue
FY19: $25.1M $25.1M FY19FY21: $31.7M $31.7M FY21FY21: $31M $31M FY21FY22: $45.8M $45.8M FY22
Net income
FY19: -$4.5M -$4.5M FY19FY21: -$11.1M -$11.1M FY21FY21: -$19.7M -$19.7M FY21FY22: -$8.7M -$8.7M FY22

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2022$45.8Mn/a-$8.7M-$0.28-$3.5M
2021$31Mn/a-$19.7M-$0.74-$8.3M
2021$31.7M$10.4K-$11.1M-$0.62$3.2M
2019$25.1Mn/a-$4.5M-$0.46-$650.1K

Full financial statements: income, balance sheet and cash flow

Latest SEC filings

What VIQ Solutions Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. January 5, 2024
  2. December 26, 2023
  3. December 4, 2023
  4. December 4, 2023
  5. November 14, 2023
  6. November 14, 2023
  7. November 14, 2023
  8. November 6, 2023
  9. November 2, 2023
  10. October 12, 2023

All filings on SEC EDGAR

Questions about VQSSF

What does VIQ Solutions Inc. do?

VIQ Solutions Inc. is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on OTC under the ticker VQSSF.

Is VIQ Solutions Inc. profitable?

No. In fiscal 2022 it reported a net loss of $8.7M on revenue of $45.8M.

How much revenue does VIQ Solutions Inc. make?

In fiscal 2022 VIQ Solutions Inc. reported revenue of $45.8M. That is 47.7% more than a year earlier.

When did VIQ Solutions Inc. last report?

Its most recent periodic report is the annual report (foreign issuer, amended) (20-F/A) filed on April 13, 2023. It covers the period to December 31, 2022. Its newest filing of any kind is the deregistration from January 5, 2024.

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Where the numbers come from

Financial figures are the values VIQ Solutions Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.