Victory Square Technologies (OTCMKTS:VSQTF) Issues Quarterly Earnings Results

Victory Square Technologies (OTCMKTS:VSQTF) issued its earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $18.17 million for the quarter. Victory Square Technologies had a return on equity of 0.46% and a net margin of 2.56%.

Victory Square Technologies Trading Down 5.0%

Shares of OTCMKTS:VSQTF traded down $0.03 during mid-day trading on Wednesday, reaching $0.54. The stock had a trading volume of 45,275 shares, compared to its average volume of 92,618. The firm has a 50 day simple moving average of $0.45 and a two-hundred day simple moving average of $0.48. Victory Square Technologies has a twelve month low of $0.12 and a twelve month high of $0.72. The firm has a market cap of $56.30 million, a PE ratio of 54.05 and a beta of 1.80. The company has a current ratio of 3.64, a quick ratio of 3.64 and a debt-to-equity ratio of 0.44.

About Victory Square Technologies

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.