Financials in USD. Standardized financial statements.
A compact view of how VIQ Solutions Inc. turns revenue into operating income and net income.
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $45.84M | $31.05M | $31.75M | $25.10M | $11.46M | $11.73M | $8.50M | $7.13M | $9.10M | $11.93M |
| Revenue Growth? | +47.7% | -2.2% | +26.5% | +118.9% | -2.3% | +38.0% | +19.2% | -21.6% | -23.7% | 0.0% |
| Cost of Revenue? | $23.92M | $16.12M | $15.60M | $14.28M | $7.87M | $7.11M | $5.07M | $4.41M | $5.92M | $7.29M |
| Gross Profit? | $21.93M | $14.92M | $16.15M | $10.82M | $3.59M | $4.62M | $3.43M | $2.72M | $3.18M | $4.65M |
| Gross Margin? | +47.8% | +48.1% | +50.9% | +43.1% | +31.3% | +39.4% | +40.3% | +38.1% | +34.9% | +38.9% |
| Operating Expenses? | $34.13M | $33.35M | $18.09M | $13.65M | $6.61M | $5.41M | $4.27M | $3.51M | $4.17M | $5.52M |
| Operating Income? | -$11.65M | -$18.17M | -$4.74M | -$1.26M | -$5.89M | -$786,075 | $844,128 | $791,003 | $988,976 | $1.08M |
| EBITDA? | -$943,621 | -$24.68M | -$678,628 | $1.54M | -$2.56M | -$548,093 | -$687,217.469 | -$662,659.528 | -$822,241.269 | -$642,097.354 |
| Income Before Tax | -$9.32M | -$18.74M | -$12.09M | -$4.43M | -$6.06M | -$970,433 | -$973,550.331 | -$752,900.143 | -$1.06M | -$1.07M |
| Income Tax Expense | -$609,621 | $943,727 | -$944,032 | $99,155 | $11,571 | -$119,316 | -$36,396.845 | -$28,703.817 | -$27,023.931 | -$72,695.512 |
| Net Income? | -$8.71M | -$19.68M | -$11.15M | -$4.52M | -$6.07M | -$851,117 | -$937,153.486 | -$724,196.326 | -$894,387.781 | -$999,649.69 |
| EPS? | $-0.28 | $-0.74 | $-0.62 | $-0.46 | $-0.75 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.01 |
| Diluted EPS? | $-0.28 | $-0.74 | $-0.62 | $-0.46 | $-0.75 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.01 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality