See more : Eris Technology Corporation (3675.TWO) Income Statement Analysis – Financial Results
Complete financial analysis of VIQ Solutions Inc. (VQS.TO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of VIQ Solutions Inc., a leading company in the Software – Application industry within the Technology sector.
- Beijing Digital Telecom Co., Ltd. (6188.HK) Income Statement Analysis – Financial Results
- LadRx Corporation (CYTR) Income Statement Analysis – Financial Results
- American Creek Resources Ltd. (AMK.V) Income Statement Analysis – Financial Results
- Hargreaves Services Plc (HGRVF) Income Statement Analysis – Financial Results
- Atech OEM Inc. (6109.TWO) Income Statement Analysis – Financial Results
VIQ Solutions Inc. (VQS.TO)
About VIQ Solutions Inc.
VIQ Solutions Inc. operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates through two segments, Technology and Related Revenue, and Technology Services. The Technology segment develops, distributes, and licenses computer-based digital solutions based on its technology. The Technology Services segment provides recording and transcription services. The company offers CapturePro that securely speeds the capture, creation, and management of large volumes of information, as well as preserves and secures the spoken word and video image, and delivers data; MobileMic Pro for capturing and managing incident reports, recorded statements, case notes, and other vital information; NetScribe, a speech-to-text engine to consolidate, accelerate, and optimize transcription workflows; aiAssist, a multi-tenant workflow and analysis platform to manage, convert, and analyze large volumes of audio and visual content; and FirstDraft that converts audio files to text to provide access to interviews, testimonies, recorded calls, and dictations. It also provides legal, criminal justice, insurance, government, medical, corporate finance, media, and transcription services. The company was incorporated in 2004 and is based in Mississauga, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 41.02M | 45.84M | 31.05M | 31.75M | 25.10M | 11.46M | 11.73M | 8.50M | 7.13M | 9.10M | 11.93M | 15.92M | 14.97M | 12.22M | 10.83M | 9.81M | 12.42M | 9.67M | 9.38M | 71.27K |
| Cost of Revenue | 22.91M | 23.92M | 16.12M | 15.60M | 14.28M | 7.87M | 7.11M | 5.07M | 4.41M | 5.92M | 7.29M | 9.55M | 8.63M | 7.96M | 6.48M | 5.66M | 7.85M | 6.10M | 6.09M | 51.00K |
| Gross Profit | 18.11M | 21.93M | 14.92M | 16.15M | 10.82M | 3.59M | 4.62M | 3.43M | 2.72M | 3.18M | 4.65M | 6.38M | 6.34M | 4.26M | 4.35M | 4.15M | 4.57M | 3.56M | 3.29M | 20.26K |
| Gross Profit Ratio | 44.15% | 47.83% | 48.07% | 50.87% | 43.11% | 31.31% | 39.42% | 40.31% | 38.13% | 34.92% | 38.94% | 40.05% | 42.37% | 34.83% | 40.13% | 42.34% | 36.78% | 36.87% | 35.08% | 28.43% |
| Research & Development | 679.59K | 734.12K | 1.09M | 1.07M | 994.64K | 458.68K | 292.73K | 125.99K | 393.67K | 527.93K | 648.88K | 670.28K | 710.73K | 623.85K | 457.09K | 363.53K | 350.76K | 675.09K | 888.85K | 0.00 |
| General & Administrative | 0.00 | 27.31M | 27.61M | 11.76M | 9.15M | 5.50M | 4.88M | 4.14M | 3.12M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 19.12M | 11.03M | 8.95M | 5.53M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 22.50M | 27.31M | 27.61M | 11.76M | 9.15M | 5.50M | 4.88M | 4.14M | 3.12M | 3.64M | 4.87M | 5.83M | 5.46M | 5.02M | 4.45M | 3.67M | 4.56M | 3.56M | 4.92M | 78.86K |
| Other Expenses | 0.00 | 551.55K | 254.60K | -2.80M | 1.57M | -186.44K | 923.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 40.35K | 56.35K | 1.66K | 41.94K | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 23.18M | 34.13M | 33.35M | 18.09M | 13.65M | 6.61M | 5.41M | 4.27M | 3.51M | 4.17M | 5.52M | 6.50M | 6.17M | 5.94M | 5.18M | 4.25M | 4.92M | 4.66M | 6.10M | 78.86K |
| Cost & Expenses | 46.09M | 58.05M | 49.47M | 33.69M | 27.92M | 14.48M | 12.52M | 9.35M | 7.92M | 10.09M | 12.80M | 16.04M | 14.80M | 13.91M | 11.67M | 9.91M | 12.77M | 10.76M | 12.19M | 129.87K |
| Interest Income | 2.83M | 2.28M | 2.30M | 1.07K | 1.34K | 2.29K | 2.65K | 3.66K | 5.45K | 11.03K | 24.63K | 31.83K | 20.95K | 13.84K | 15.09K | 21.85K | 19.97K | 15.76K | 30.00K | 0.00 |
| Interest Expense | 0.00 | 2.28M | 2.30M | 6.15M | 2.47M | 162.63K | 7.30K | 54.73K | 75.80K | 80.59K | 35.26K | 37.97K | 130.97K | 190.91K | 92.53K | 129.81K | 227.95K | 148.41K | 153.49K | 0.00 |
| Depreciation & Amortization | 3.36M | 6.09M | 4.64M | 5.26M | 3.50M | 648.87K | 237.98K | 231.60K | 130.19K | 155.71K | 187.24K | 220.64K | 242.92K | 296.62K | 277.43K | 223.91K | 413.84K | 427.30K | 290.03K | -117.20K |
| EBITDA | -7.05M | -943.62K | -11.80M | -678.63K | 1.54M | -2.56M | -548.09K | -697.23K | -546.91K | -825.35K | -1.19M | 131.67K | 477.29K | -1.32M | -543.86K | 157.44K | -283.93K | -668.19K | -2.52M | -58.60K |
| EBITDA Ratio | -17.19% | -12.13% | -43.58% | 1.64% | 8.95% | -22.30% | -4.67% | -8.08% | -9.29% | -9.03% | -5.38% | 0.82% | 3.19% | -10.82% | -5.02% | 1.91% | 0.74% | -6.91% | -26.88% | -82.23% |
| Operating Income | -5.06M | -11.65M | -18.17M | -4.74M | -1.26M | -3.21M | -786.08K | 844.13K | 791.00K | 988.98K | 1.08M | 121.21K | 234.37K | 1.69M | 838.04K | -36.10K | 349.19K | 1.10M | 2.81M | 58.60K |
| Operating Income Ratio | -12.34% | -25.41% | -58.53% | -14.93% | -5.01% | -27.96% | -6.70% | 9.93% | 11.09% | 10.86% | 9.02% | 0.76% | 1.57% | 13.82% | 7.74% | -0.37% | 2.81% | 11.33% | 29.98% | 82.23% |
| Total Other Income/Expenses | -9.44M | -4.95M | -4.47M | -892.22K | -4.43M | -3.03M | -180.78K | -366.28K | -28.45K | -70.29K | -194.17K | -248.15K | -69.67K | -4.28M | -1.75M | -96.40K | -1.30M | -2.23M | -5.88M | -4.87K |
| Income Before Tax | -14.50M | -9.32M | -18.74M | -12.09M | -4.43M | -6.06M | -970.43K | -973.55K | -752.90K | -1.06M | -1.07M | -126.93K | 103.40K | -2.82M | -914.59K | -196.28K | -953.21K | -1.13M | -3.07M | 53.73K |
| Income Before Tax Ratio | -35.35% | -20.32% | -60.34% | -38.08% | -17.63% | -52.82% | -8.27% | -11.45% | -10.56% | -11.66% | -8.99% | -0.80% | 0.69% | -23.06% | -8.44% | -2.00% | -7.68% | -11.70% | -32.71% | 75.39% |
| Income Tax Expense | 169.16K | -609.62K | 943.73K | -944.03K | 99.16K | 11.57K | -119.32K | -36.40K | -28.70K | -27.02K | -72.70K | 120.79K | 29.85K | -12.39K | 14.48K | 36.44K | 31.56K | -28.47K | 32.30K | 117.20K |
| Net Income | -14.33M | -8.71M | -19.68M | -11.15M | -4.52M | -6.07M | -851.12K | -937.15K | -724.20K | -894.39K | -999.65K | -247.73K | 73.55K | -2.81M | -929.07K | -232.72K | -984.76K | -1.10M | -3.10M | -63.47K |
| Net Income Ratio | -34.93% | -18.99% | -63.38% | -35.10% | -18.03% | -52.92% | -7.26% | -11.02% | -10.15% | -9.83% | -8.38% | -1.56% | 0.49% | -22.96% | -8.58% | -2.37% | -7.93% | -11.41% | -33.06% | -89.06% |
| EPS | -0.38 | -0.28 | -0.74 | -0.62 | -0.46 | -0.75 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | 0.00 | 0.00 | -0.03 | -0.01 | 0.00 | -0.01 | -0.02 | -0.05 | 0.00 |
| EPS Diluted | -0.38 | -0.28 | -0.74 | -0.62 | -0.46 | -0.75 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | 0.00 | 0.00 | -0.03 | -0.01 | 0.00 | -0.01 | -0.02 | -0.05 | 0.00 |
| Weighted Avg Shares Out | 37.29M | 31.09M | 26.45M | 17.98M | 9.75M | 8.09M | 143.05M | 123.45M | 97.67M | 90.96M | 90.96M | 90.88M | 89.05M | 83.40M | 82.88M | 79.75M | 73.07M | 72.06M | 61.37M | 41.36M |
| Weighted Avg Shares Out (Dil) | 37.29M | 31.65M | 26.45M | 18.08M | 9.75M | 8.09M | 143.05M | 123.45M | 97.67M | 90.96M | 90.96M | 90.88M | 90.79M | 83.40M | 82.88M | 79.75M | 73.07M | 72.06M | 61.37M | 41.36M |
Source: https://incomestatements.info
Category: Stock Reports