Viq Historical Income Statement

VQS Stock  CAD 0.21  0.01  5.00%   
Historical analysis of Viq Solutions income statement accounts such as Depreciation And Amortization of 4.1 M, Total Revenue of 49.5 M, Gross Profit of 21.9 M or Other Operating Expenses of 63.6 M can show how well Viq Solutions performed in making a profits. Evaluating Viq Solutions income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Viq Solutions's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Viq Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Viq Solutions is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viq Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Viq Income Statement Analysis

Viq Solutions Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Viq Solutions shareholders. The income statement also shows Viq investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Viq Solutions Income Statement Chart

At this time, Viq Solutions' Income Tax Expense is very stable compared to the past year. As of the 26th of March 2025, Interest Expense is likely to grow to about 3.4 M, though Operating Income is likely to grow to (8.9 M).

Total Revenue

Total revenue comprises all receipts Viq Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Viq Solutions minus its cost of goods sold. It is profit before Viq Solutions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Viq Solutions. It is also known as Viq Solutions overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Viq Solutions income statement and represents the costs associated with goods and services Viq Solutions provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Viq Solutions' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Viq Solutions current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viq Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Viq Solutions' Income Tax Expense is very stable compared to the past year. As of the 26th of March 2025, Interest Expense is likely to grow to about 3.4 M, though Operating Income is likely to grow to (8.9 M).
 2022 2023 2024 2025 (projected)
Gross Profit21.9M18.1M20.8M21.9M
Total Revenue45.8M41.0M47.2M49.5M

Viq Solutions income statement Correlations

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0.890.990.99-0.79-0.77-0.621.00.96-0.83-0.2-0.81-0.040.780.43-0.370.580.86-0.74-0.810.920.87
0.920.990.98-0.81-0.79-0.610.980.96-0.84-0.16-0.82-0.080.820.47-0.380.630.87-0.78-0.820.940.88
0.880.990.98-0.87-0.86-0.730.980.99-0.88-0.16-0.870.080.740.43-0.240.520.91-0.7-0.860.920.91
-0.82-0.79-0.81-0.870.990.92-0.77-0.920.94-0.010.94-0.3-0.6-0.49-0.09-0.43-0.940.590.95-0.82-0.91
-0.8-0.77-0.79-0.860.990.94-0.75-0.910.93-0.040.94-0.32-0.57-0.45-0.12-0.41-0.940.560.94-0.8-0.9
-0.56-0.62-0.61-0.730.920.94-0.61-0.790.83-0.010.85-0.53-0.33-0.27-0.31-0.18-0.830.30.85-0.62-0.8
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0.890.960.960.99-0.92-0.91-0.790.95-0.91-0.11-0.90.140.720.45-0.170.510.94-0.68-0.90.920.93
-0.85-0.83-0.84-0.880.940.930.83-0.81-0.910.281.0-0.2-0.78-0.530.06-0.61-0.890.771.0-0.88-0.88
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-0.83-0.81-0.82-0.870.940.940.85-0.79-0.91.00.26-0.26-0.75-0.540.0-0.57-0.890.741.0-0.86-0.88
-0.16-0.04-0.080.08-0.3-0.32-0.53-0.010.14-0.20.05-0.26-0.30.080.86-0.550.170.33-0.27-0.060.16
0.870.780.820.74-0.6-0.57-0.330.740.72-0.78-0.4-0.75-0.30.63-0.50.890.64-0.99-0.750.840.66
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-0.31-0.37-0.38-0.24-0.09-0.12-0.31-0.35-0.170.060.370.00.86-0.50.02-0.66-0.080.49-0.01-0.35-0.13
0.710.580.630.52-0.43-0.41-0.180.530.51-0.61-0.39-0.57-0.550.890.49-0.660.48-0.91-0.570.690.51
0.850.860.870.91-0.94-0.94-0.830.840.94-0.890.02-0.890.170.640.46-0.080.48-0.62-0.880.920.99
-0.87-0.74-0.78-0.70.590.560.3-0.7-0.680.770.350.740.33-0.99-0.650.49-0.91-0.620.74-0.82-0.64
-0.83-0.81-0.82-0.860.950.940.85-0.79-0.91.00.251.0-0.27-0.75-0.56-0.01-0.57-0.880.74-0.85-0.86
0.920.920.940.92-0.82-0.8-0.620.910.92-0.88-0.22-0.86-0.060.840.54-0.350.690.92-0.82-0.850.95
0.840.870.880.91-0.91-0.9-0.80.860.93-0.88-0.06-0.880.160.660.47-0.130.510.99-0.64-0.860.95
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Viq Solutions Account Relationship Matchups

Viq Solutions income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization5.3M4.6M6.1M3.4M3.9M4.1M
Total Revenue31.7M31.0M45.8M41.0M47.2M49.5M
Gross Profit16.2M14.9M21.9M18.1M20.8M21.9M
Other Operating Expenses33.7M49.5M58.0M52.7M60.6M63.6M
Operating Income(4.7M)(18.2M)(11.7M)(10.4M)(9.4M)(8.9M)
Ebit(4.7M)(18.2M)(11.7M)(10.4M)(9.4M)(8.9M)
Ebitda520.0K(13.5M)(5.6M)(7.1M)(6.3M)(6.0M)
Cost Of Revenue15.6M16.1M23.9M22.9M26.3M27.7M
Total Operating Expenses18.1M33.3M34.1M29.8M34.2M36.0M
Income Before Tax(12.1M)(18.7M)(9.3M)(14.5M)(13.1M)(12.4M)
Total Other Income Expense Net(4.0M)2.0M5.2M(4.1M)(3.7M)(3.5M)
Net Income(11.1M)(19.7M)(8.7M)(14.3M)(12.9M)(12.3M)
Income Tax Expense(944.0K)943.7K(609.6K)169.2K152.2K159.9K
Interest Expense6.2M2.3M2.3M2.9M3.3M3.4M
Research Development1.1M1.1M734.1K679.6K781.5K681.0K
Tax Provision(944.0K)943.7K(609.6K)(393.2K)(353.9K)(336.2K)
Interest Income1.3K6.2M930.0K2.0M2.3M1.3M
Selling General Administrative11.8M27.6M27.3M23.7M27.2M14.3M
Net Income Applicable To Common Shares(4.5M)(11.1M)(19.7M)(8.7M)(7.8M)(8.2M)
Net Interest Income(6.2M)(2.3M)(2.3M)(2.9M)(2.6M)(2.7M)
Net Income From Continuing Ops(11.1M)(19.7M)(8.7M)(13.6M)(12.2M)(12.8M)
Reconciled Depreciation5.3M4.6M6.1M6.5M7.5M4.2M

Other Information on Investing in Viq Stock

Viq Solutions Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Viq Solutions shareholders. The income statement also shows Viq investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).