Victory Square Technologies (OTCMKTS:VSQTF) Posts Earnings Results

Victory Square Technologies (OTCMKTS:VSQTF) announced its earnings results on Friday. The company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. Victory Square Technologies had a negative return on equity of 85.13% and a negative net margin of 28.04%.The company had revenue of $10.72 million for the quarter.

Victory Square Technologies Stock Performance

Shares of VSQTF opened at $0.51 on Friday. The business’s 50 day moving average is $0.39 and its two-hundred day moving average is $0.49. Victory Square Technologies has a 52-week low of $0.12 and a 52-week high of $0.72. The firm has a market cap of $53.07 million, a price-to-earnings ratio of 50.95 and a beta of 1.84. The company has a quick ratio of 3.64, a current 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.