VIQ Solutions Inc. Logo

VIQ Solutions Inc.

VQS.TO

(1.0)
Stock Price

0,25 CAD

-128.4% ROA

-160.07% ROE

-0.57x PER

Market Cap.

8.350.088,18 CAD

268.05% DER

0% Yield

-31.09% NPM

VIQ Solutions Inc. Stock Analysis

VIQ Solutions Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

VIQ Solutions Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.31x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a reasonable amount of debt compared to its ownership (75%), suggesting a balanced financial position and a moderate level of risk.

3 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

4 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-1), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

5 ROE

The stock's ROE indicates a negative return (-43.71%) on shareholders' equity, suggesting poor financial performance.

6 ROA

The stock's ROA (-51.62%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

VIQ Solutions Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

VIQ Solutions Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

VIQ Solutions Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

VIQ Solutions Inc. Revenue
Year Revenue Growth
2004 71.266
2005 9.378.104 99.24%
2006 9.668.466 3%
2007 12.416.999 22.14%
2008 9.808.365 -26.6%
2009 10.831.329 9.44%
2010 12.218.901 11.36%
2011 14.973.963 18.4%
2012 15.922.731 5.96%
2013 11.932.057 -33.44%
2014 9.102.736 -31.08%
2015 7.132.581 -27.62%
2016 8.501.830 16.11%
2017 11.730.471 27.52%
2018 11.462.804 -2.34%
2019 25.096.308 54.32%
2020 31.749.693 20.96%
2021 31.046.812 -2.26%
2022 45.843.929 32.28%
2023 40.411.308 -13.44%
2023 41.024.024 1.49%
2024 39.686.692 -3.37%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

VIQ Solutions Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 888.846 100%
2006 675.091 -31.66%
2007 350.757 -92.47%
2008 363.527 3.51%
2009 457.088 20.47%
2010 623.848 26.73%
2011 710.725 12.22%
2012 670.280 -6.03%
2013 648.884 -3.3%
2014 527.933 -22.91%
2015 393.665 -34.11%
2016 125.985 -212.47%
2017 292.734 56.96%
2018 458.675 36.18%
2019 994.640 53.89%
2020 1.074.178 7.4%
2021 1.092.108 1.64%
2022 734.115 -48.77%
2023 747.076 1.73%
2023 679.589 -9.93%
2024 660.440 -2.9%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

VIQ Solutions Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 3.116.657 100%
2016 4.144.998 24.81%
2017 4.882.960 15.11%
2018 5.502.263 11.26%
2019 9.149.625 39.86%
2020 11.760.218 22.2%
2021 27.614.902 57.41%
2022 27.305.615 -1.13%
2023 22.201.284 -22.99%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

VIQ Solutions Inc. EBITDA
Year EBITDA Growth
2004 -58.600
2005 -2.521.120 97.68%
2006 -668.187 -277.31%
2007 92.141 825.18%
2008 187.808 50.94%
2009 -543.858 134.53%
2010 -1.322.197 58.87%
2011 477.285 377.02%
2012 131.254 -263.63%
2013 -642.097 120.44%
2014 -822.241 21.91%
2015 -662.660 -24.08%
2016 -687.217 3.57%
2017 -548.093 -25.38%
2018 -2.556.511 78.56%
2019 2.245.451 213.85%
2020 519.990 -331.83%
2021 -13.529.453 103.84%
2022 -5.562.476 -143.23%
2023 -5.571.900 0.17%
2023 -7.051.018 20.98%
2024 -2.228.480 -216.4%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

VIQ Solutions Inc. Gross Profit
Year Gross Profit Growth
2004 20.263
2005 3.289.436 99.38%
2006 3.564.818 7.72%
2007 4.566.502 21.94%
2008 4.152.590 -9.97%
2009 4.346.959 4.47%
2010 4.255.981 -2.14%
2011 6.344.849 32.92%
2012 6.376.409 0.49%
2013 4.646.015 -37.24%
2014 3.178.635 -46.16%
2015 2.719.321 -16.89%
2016 3.426.856 20.65%
2017 4.624.027 25.89%
2018 3.588.585 -28.85%
2019 10.819.987 66.83%
2020 16.150.256 33%
2021 14.922.959 -8.22%
2022 21.925.703 31.94%
2023 17.328.336 -26.53%
2023 18.112.072 4.33%
2024 17.570.232 -3.08%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

VIQ Solutions Inc. Net Profit
Year Net Profit Growth
2004 -63.469
2005 -3.100.245 97.95%
2006 -1.102.949 -181.09%
2007 -984.764 -12%
2008 -232.725 -323.15%
2009 -929.065 74.95%
2010 -2.805.097 66.88%
2011 73.549 3913.92%
2012 -247.726 129.69%
2013 -999.650 75.22%
2014 -894.388 -11.77%
2015 -724.196 -23.5%
2016 -937.153 22.72%
2017 -851.117 -10.11%
2018 -6.066.634 85.97%
2019 -4.524.198 -34.09%
2020 -11.145.306 59.41%
2021 -19.678.749 43.36%
2022 -8.706.015 -126.04%
2023 -17.516.064 50.3%
2023 -14.331.196 -22.22%
2024 -7.360.552 -94.7%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

VIQ Solutions Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 -1 0%
2019 0 0%
2020 -1 0%
2021 -1 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

VIQ Solutions Inc. Free Cashflow
Year Free Cashflow Growth
2004 -9.378
2005 -2.555.861 99.63%
2006 -905.804 -182.17%
2007 -196.538 -360.88%
2008 -516.993 61.98%
2009 -415.536 -24.42%
2010 -1.354.149 69.31%
2011 503.861 368.75%
2012 -426.582 218.12%
2013 -391.698 -8.91%
2014 -563.112 30.44%
2015 -787.473 28.49%
2016 -586.309 -34.31%
2017 -2.236.930 73.79%
2018 -3.448.457 35.13%
2019 -2.333.566 -47.78%
2020 1.578.003 247.88%
2021 -10.682.344 114.77%
2022 -5.367.348 -99.02%
2023 -1.894.375 -183.33%
2023 -2.836.046 33.2%
2024 113.394 2601.05%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

VIQ Solutions Inc. Operating Cashflow
Year Operating Cashflow Growth
2004 -9.378
2005 -2.289.336 99.59%
2006 -783.883 -192.05%
2007 -92.238 -749.86%
2008 -401.251 77.01%
2009 -145.545 -175.69%
2010 -1.159.725 87.45%
2011 601.403 292.84%
2012 -349.719 271.97%
2013 -320.531 -9.11%
2014 -533.349 39.9%
2015 -744.079 28.32%
2016 -80.897 -819.8%
2017 -821.959 90.16%
2018 -1.517.573 45.84%
2019 -551.184 -175.33%
2020 3.423.083 116.1%
2021 -8.238.407 141.55%
2022 -2.335.876 -252.69%
2023 -1.384.927 -68.66%
2023 -2.810.254 50.72%
2024 113.394 2578.31%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

VIQ Solutions Inc. Capital Expenditure
Year Capital Expenditure Growth
2004 0
2005 266.525 100%
2006 121.921 -118.61%
2007 104.301 -16.89%
2008 115.743 9.89%
2009 269.991 57.13%
2010 194.424 -38.87%
2011 97.542 -99.32%
2012 76.863 -26.9%
2013 71.167 -8.01%
2014 29.762 -139.12%
2015 43.394 31.41%
2016 505.413 91.41%
2017 1.414.971 64.28%
2018 1.930.884 26.72%
2019 1.782.382 -8.33%
2020 1.845.080 3.4%
2021 2.443.937 24.5%
2022 3.031.472 19.38%
2023 509.448 -495.05%
2023 25.792 -1875.22%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

VIQ Solutions Inc. Equity
Year Equity Growth
2004 1.700.707
2005 1.187.577 -43.21%
2006 1.635.867 27.4%
2007 1.066.448 -53.39%
2008 2.865.656 62.79%
2009 2.765.275 -3.63%
2010 713.792 -287.41%
2011 3.582.951 80.08%
2012 3.589.637 0.19%
2013 2.257.537 -59.01%
2014 1.206.258 -87.15%
2015 1.444.089 16.47%
2016 2.725.878 47.02%
2017 6.761.854 59.69%
2018 2.714.905 -149.06%
2019 2.210.522 -22.82%
2020 19.786.399 88.83%
2021 22.089.558 10.43%
2022 15.643.410 -41.21%
2023 8.631.784 -81.23%
2023 6.175.098 -39.78%
2024 5.198.701 -18.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

VIQ Solutions Inc. Assets
Year Assets Growth
2004 5.673.098
2005 4.672.007 -21.43%
2006 5.240.994 10.86%
2007 5.058.037 -3.62%
2008 5.028.283 -0.59%
2009 5.262.448 4.45%
2010 4.903.460 -7.32%
2011 5.772.647 15.06%
2012 5.963.870 3.21%
2013 4.392.380 -35.78%
2014 3.679.342 -19.38%
2015 3.860.794 4.7%
2016 5.024.423 23.16%
2017 9.747.514 48.45%
2018 21.320.106 54.28%
2019 20.768.799 -2.65%
2020 42.719.659 51.38%
2021 47.691.704 10.43%
2022 35.544.882 -34.17%
2023 30.970.804 -14.77%
2023 29.675.195 -4.37%
2024 29.179.515 -1.7%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

VIQ Solutions Inc. Liabilities
Year Liabilities Growth
2004 3.972.390
2005 3.484.429 -14%
2006 3.605.126 3.35%
2007 3.991.589 9.68%
2008 2.162.626 -84.57%
2009 2.497.173 13.4%
2010 4.189.667 40.4%
2011 2.189.696 -91.34%
2012 2.374.232 7.77%
2013 2.134.843 -11.21%
2014 2.473.083 13.68%
2015 2.416.704 -2.33%
2016 2.298.544 -5.14%
2017 2.985.660 23.01%
2018 18.605.201 83.95%
2019 18.558.277 -0.25%
2020 22.933.260 19.08%
2021 25.602.146 10.42%
2022 19.901.472 -28.64%
2023 22.339.020 10.91%
2023 23.500.097 4.94%
2024 23.980.814 2%

VIQ Solutions Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.91
Net Income per Share
-0.28
Price to Earning Ratio
-0.57x
Price To Sales Ratio
0.2x
POCF Ratio
-3.94
PFCF Ratio
-2.93
Price to Book Ratio
1.39
EV to Sales
0.49
EV Over EBITDA
-3.74
EV to Operating CashFlow
-10.94
EV to FreeCashFlow
-7.04
Earnings Yield
-1.76
FreeCashFlow Yield
-0.34
Market Cap
0,01 Bil.
Enterprise Value
0,02 Bil.
Graham Number
0.86
Graham NetNet
-0.41

Income Statement Metrics

Net Income per Share
-0.28
Income Quality
0.14
ROE
-1.6
Return On Assets
-0.44
Return On Capital Employed
-1.41
Net Income per EBT
1
EBT Per Ebit
1.42
Ebit per Revenue
-0.22
Effective Tax Rate
-0.1

Margins

Sales, General, & Administrative to Revenue
0.28
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.44
Operating Profit Margin
-0.22
Pretax Profit Margin
-0.31
Net Profit Margin
-0.31

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.04
Free CashFlow per Share
-0.06
Capex to Operating CashFlow
-0.55
Capex to Revenue
0.02
Capex to Depreciation
0.25
Return on Invested Capital
-0.52
Return on Tangible Assets
-1.28
Days Sales Outstanding
42.42
Days Payables Outstanding
104.59
Days of Inventory on Hand
0.5
Receivables Turnover
8.6
Payables Turnover
3.49
Inventory Turnover
724.42
Capex per Share
0.02

Balance Sheet

Cash per Share
0,05
Book Value per Share
0,12
Tangible Book Value per Share
-0.31
Shareholders Equity per Share
0.12
Interest Debt per Share
0.35
Debt to Equity
2.68
Debt to Assets
0.48
Net Debt to EBITDA
-2.18
Current Ratio
0.36
Tangible Asset Value
-0,01 Bil.
Net Current Asset Value
-0,02 Bil.
Invested Capital
6179522
Working Capital
-0,01 Bil.
Intangibles to Total Assets
0.66
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
30321
Debt to Market Cap
1.67

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

VIQ Solutions Inc. Dividends
Year Dividends Growth

VIQ Solutions Inc. Profile

About VIQ Solutions Inc.

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 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 speech-to-text engine to consolidate, accelerate, and optimize transcription workflows; aiAssist, a multi-tenant workflow and analysis platform to manage, convert, and analyze large volumes of audio and visual content; and FirstDraft that converts audio files to text to provide access to interviews, testimonies, recorded calls, and dictations. It also provides legal, criminal justice, insurance, government, medical, corporate finance, media, and transcription services. The company was incorporated in 2004 and is based in Mississauga, Canada.

CEO
Mr. Sebastien Pare
Employee
334
Address
5915 Airport Road
Mississauga, L4V 1T1

VIQ Solutions Inc. Executives & BODs

VIQ Solutions Inc. Executives & BODs
# Name Age
1 Mr. Tony Incardona
Senior Vice President of Global Sales & Business Development
70
2 Mr. Larry Douglas Taylor CMA, CMC, CPA
Executive Chairman
70
3 Mr. Alexie Edwards
Chief Financial Officer
70
4 Mr. Vahram Sukyas
Chief Technology Officer
70
5 Mr. Sebastien Pare
Chief Executive Officer & Director
70
6 Ms. Susan Sumner
President, Chief Operating Officer & Director
70
7 Mr. Gilles-André Morin
Chief Information Officer
70
8 Mr. Tim Johnson
Senior Vice President Of International
70

VIQ Solutions Inc. Competitors