VIQ Solutions Inc.

OTCPK:VQSS.F Stock Report

Market Cap: US$3.9m

VIQ Solutions Past Earnings Performance

Past criteria checks 0/6

VIQ Solutions has been growing earnings at an average annual rate of 10.7%, while the Software industry saw earnings growing at 21% annually. Revenues have been growing at an average rate of 5.9% per year.

Key information

10.73%

Earnings growth rate

29.80%

EPS growth rate

Software Industry Growth17.33%
Revenue growth rate5.86%
Return on equityn/a
Net Margin-33.22%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Seeking Alpha Aug 11

VIQ Solutions reports mixed Q2 earnings; reaffirms FY22 guidance

VIQ Solutions press release (NASDAQ:VQS): Q2 GAAP EPS of -$0.11 misses by $0.01. Revenue of $12.4M (+51.4% Y/Y) beats by $0.37M. Adjusted EBITDA was negative $0.7M versus a negative Adjusted EBITDA of $0.3M in the second quarter of 2021. VIQ is reaffirming its goals for 2022. Financial expectations include generating at least $50 million in revenue vs. consensus of $49.25M with an expected gross margin in the range of 47%-55%.
Seeking Alpha Jul 26

VIQ Solutions rallies on acquisition of AI-powered media platform 'Carbon'

VIQ Solutions (NASDAQ:VQS) told Tuesday that it has acquired AI-enabled media technology platform- Carbon - under media segment. Carbon is a cloud-based media content and text workflow platform that provides fast creation of indexed text, integration of multiple audio and video codecs, and captioned video/audio elements utilizing artificial intelligence, designed to cut production costs and timelines. VQS shares are up 8% in premarket trading, Tuesday. "The platform will bolster the offering and will transform how journalists work, creating a real-time and collaborative process to speed complex projects. This solution will accelerate revenue within the media segment and provide a foundation to expand this service offering to our core industries worldwide," said Susan Sumner, President and Chief Operating Officer, VIQ Solutions. Details of the transaction not disclosed. Earlier: VIQ Solutions to raise $4.8M in stock and warrants offering
Seeking Alpha Jul 19

VIQ Solutions to raise $4.8M in stock and warrants offering

VIQ Solutions (NASDAQ:VQS) entered into definitive agreements with a current U.S. institutional shareholder and a new U.S. institutional investor for the purchase and sale on a private placement of 3.55M shares and warrants leading to total gross proceeds of ~4.8M. Shares and accompanying warrants are being sold together at a combined offering price of $1.35 warrants have an exercise price of $1.39/share and are exercisable any time after Jan.21, 2023 and will expire five years post issuance date. Offer is expected to close on or about July 21, 2022. Net proceeds to be used for continuing development of product and service offerings, potential future acquisitions and general corporate purposes.

Revenue & Expenses Breakdown

How VIQ Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:VQSS.F Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2541-14151
30 Sep 2541-8161
30 Jun 2542-7171
31 Mar 2543-7171
31 Dec 2443-7171
30 Sep 2443-6191
30 Jun 2442-10201
31 Mar 2441-13211
31 Dec 2341-14221
30 Sep 2341-14231
30 Jun 2343-11241
31 Mar 2344-10251
31 Dec 2246-9251
30 Sep 2243-10251
30 Jun 2238-13251
31 Mar 2234-20301
31 Dec 2131-20271
30 Sep 2131-19251
30 Jun 2132-16211
31 Mar 2132-6141
31 Dec 2032-11121
30 Sep 2030-11121
30 Jun 2028-10111
31 Mar 2026-1091
31 Dec 1925-591
30 Sep 1921-781
30 Jun 1918-871
31 Mar 1915-771
31 Dec 1811-660
30 Sep 1812-260
30 Jun 1812-150
31 Mar 1812-150
31 Dec 1712-150
30 Sep 1711040
30 Jun 1710040
31 Mar 1710-140
31 Dec 169-140
30 Sep 169-140
30 Jun 168-140
31 Mar 168-130
31 Dec 157-130
30 Sep 157-131
30 Jun 158-131

Quality Earnings: VQSS.F is currently unprofitable.

Growing Profit Margin: VQSS.F is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VQSS.F is unprofitable, but has reduced losses over the past 5 years at a rate of 10.7% per year.

Accelerating Growth: Unable to compare VQSS.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VQSS.F is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (13%).


Return on Equity

High ROE: VQSS.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/13 21:10
End of Day Share Price 2026/05/11 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VIQ Solutions Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Scott BuckH.C. Wainwright & Co.
Marla MarinZacks Small-Cap Research