Viq Solutions Inc
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- Market Cap.:
- $10.52 million
- Book Value:
- Revenue TTM:
- $42.54 million
- Operating Margin TTM:
- Gross Profit TTM:
- $21.93 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Viq Solutions Inc had its IPO on 2021-08-12 under the ticker symbol VQS.
The company operates in the Technology sector and Software-Application industry. Viq Solutions Inc has a staff strength of 0 employees.
Shares of Viq Solutions Inc opened at $0.25 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0.22 - $0.26, and closed at $0.25.
This is a +4.13% increase from the previous day's closing price.
A total volume of 17,426 shares were traded at the close of the day’s session.
In the last one week, shares of Viq Solutions Inc have slipped by -2.08%.
Viq Solutions Inc's Key Ratios
Viq Solutions Inc has a market cap of $10.52 million, indicating a price to book ratio of 0.5019 and a price to sales ratio of 0.206.
In the last 12-months Viq Solutions Inc’s revenue was $42.54 million with a gross profit of $21.93 million and an EBITDA of $-7409559. The EBITDA ratio measures Viq Solutions Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Viq Solutions Inc’s operating margin was -27.68% while its return on assets stood at -20.52% with a return of equity of -72.2%.
In Q1, Viq Solutions Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 14.8%.
Viq Solutions Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.31 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Viq Solutions Inc’s profitability.
Viq Solutions Inc stock is trading at a EV to sales ratio of 0.3417 and a EV to EBITDA ratio of -4.3862. Its price to sales ratio in the trailing 12-months stood at 0.206.
Viq Solutions Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $32.86 million
- Total Liabilities
- $9.98 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Viq Solutions Inc ended 2023 with $32.86 million in total assets and $0 in total liabilities. Its intangible assets were valued at $32.86 million while shareholder equity stood at $11.76 million.
Viq Solutions Inc ended 2023 with $0 in deferred long-term liabilities, $9.98 million in other current liabilities, 74764440.00 in common stock, $-70742799.00 in retained earnings and $11.95 million in goodwill. Its cash balance stood at $1.79 million and cash and short-term investments were $1.79 million. The company’s total short-term debt was $706,803 while long-term debt stood at $9.37 million.
Viq Solutions Inc’s total current assets stands at $8.95 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $5.16 million compared to accounts payable of $7.11 million and inventory worth $32452.00.
In 2023, Viq Solutions Inc's operating cash flow was $0 while its capital expenditure stood at $501306.
Comparatively, Viq Solutions Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Viq Solutions Inc stock is currently trading at $0.25 per share. It touched a 52-week high of $0.8083 and a 52-week low of $0.8083. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $0.3 and 200-day moving average was $0.31 The short ratio stood at 3.03 indicating a short percent outstanding of 0%.
Around 2249.5% of the company’s stock are held by insiders while 253.3% are held by institutions.
Frequently Asked Questions About Viq Solutions Inc
Similar Industry Stocks (Software-Application)
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 and Related Revenue 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 comprehensive transcription creation and management platform that consolidates, accelerates, and optimizes workflows; aiAssist, a multi-tenant workflow and analysis platform to manage, convert, and analyze large volumes of audio and visual content; FirstDraft that converts audio files to text to provide access to interviews, testimonies, recorded calls, and dictations; and AccessPoint, a secure online portal that simplify court recording management, playback, and distribution. It also provides Carbon, a media-centric, and web-based platform that uses automatic speech-to-text; and Lexel, a cloud-based legal evidence management solution. In addition, the company provides legal, criminal justice, insurance, government, medical, corporate finance, media, and transcription services. VIQ Solutions Inc. was incorporated in 2004 and is headquartered in Mississauga, Canada.