Victory Square Technologies reported a significant net income of $10.66 million in Q3 2024, driven by strategic growth initiatives and demand in the tech sector.
Target Information
Victory Square Technologies Inc. (CSE:VST, OTC:VSQTF, FWB:6F6) is a prominent venture builder based in Vancouver, British Columbia, focused on technology-driven startups across various sectors such as artificial intelligence, blockchain, and digital health. The company is dedicated to creating long-term value for its shareholders by building, acquiring, and investing in high-potential startups.
In the third quarter of 2024, Victory Square reported a net income of $10,661,274 and earnings per share of $0.11, a significant recovery from the net loss of $4,926,854 and an earnings per share of $(0.04) in the same quarter of the previous year. This turnaround is indicative of the company's resilience and effective strategies in navigating the dynamic technology landscape.
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Industry Overview in Canada
The Canadian technology sector continues to experience robust growth, driven by innovative startups and increased investments in emerging technologies. The rise of artificia
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Victory Square Technologies Inc.
invested in
Edge Total Intelligence
in 2024
in a Strategic Partnership deal
Disclosed details
Revenue: $6M
Net Income: $11M