Viq Solutions Inc. income statement VQSSF

Annual Quarterly

In fiscal 2022, which ended Dec 31, 2022, Viq Solutions Inc. reported revenue of $45.8 million, up 47.7% from the year before. It recorded a net loss of $8.7 million. Diluted earnings per share were -$0.28.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
46
+47.7%
31
Cost of revenue
24
+48.3%
16
Gross profit
22
+46.9%
15
Research and development
1
-32.8%
1
Selling, general and administrative
25
+28.3%
19
Pretax income
-9
+50.3%
-19
Income tax
-1
-164.6%
1
Net income
-9
+55.8%
-20
Basic EPS
-0.28
+62.2%
-0.74
Diluted EPS
-0.28
+62.2%
-0.74
Weighted average shares, basic
32
+19.7%
26
Weighted average shares, diluted
32
+19.7%
26
Other measures
Depreciation and amortization
6
+31.2%
5
Margins
Gross margin
47.83%
48.07%
Pretax margin
-20.32%
-60.34%
Profit margin
-18.99%
-63.38%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry
Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as
VQSSF (OTC)
Fiscal year ends
December 31
Incorporated in
Ontario, Canada
Headquarters
Mississauga, Ontario, Canada
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
1777765

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.