VIQ Solutions
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. VIQ Solutions's past years’ income statements indicate that its last revenue has increased compared to the previous period by 48% to $45,843,929. The net income raised on -$8,706,015 and profit margin reached -19%. Total operating expenses were $34,127,933.
Profit Margin
| 2013 | 11.93M | -999.64K | -8.38% |
|---|---|---|---|
| 2014 | 9.10M | -894.38K | -9.83% |
| 2015 | 7.13M | -724.19K | -10.15% |
| 2016 | 8.50M | -937.15K | -11.02% |
| 2017 | 11.73M | -851.11K | -7.26% |
| 2018 | 11.46M | -6.06M | -52.92% |
| 2019 | 25.09M | -4.52M | -18.03% |
| 2020 | 31.74M | -11.14M | -35.1% |
| 2021 | 31.04M | -19.67M | -63.38% |
| 2022 | 45.84M | -8.70M | -18.99% |
VQS Income Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 45.84M | 31.04M | 31.74M | 25.09M | 11.46M | 11.73M | 8.50M | 7.13M | 9.10M | 11.93M |
Cost of revenue | 23.91M | 16.12M | 15.59M | 14.27M | 7.87M | 7.10M | 5.07M | 4.41M | 5.92M | 7.28M |
Gross profit | 21.92M | 14.92M | 16.15M | 10.81M | 3.58M | 4.62M | 3.42M | 2.71M | 3.17M | 4.64M |
Operating exp. | ||||||||||
Research and development | 734.11K | 1.09M | 1.07M | 994.64K | 458.67K | 292.73K | 125.98K | 393.66K | 527.93K | 648.88K |
Selling and marketing | 0 | 19.11M | 11.03M | 8.95M | 5.53M | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 34.12M | 33.34M | 18.09M | 13.64M | 6.60M | 5.41M | 4.27M | 3.51M | 4.16M | 5.51M |
Operating income | -11.65M | -18.17M | -4.73M | -1.25M | -5.89M | -786.07K | 844.12K | 791.00K | 988.97K | 1.07M |
Other income (expenses), net | 2.33M | -563.96K | -7.35M | -3.16M | -2.87M | -184.35K | -78.11K | -1.54M | -2.05M | -207.74K |
Income before tax | -9.31M | -18.73M | -12.08M | -4.42M | -6.05M | -970.43K | -973.55K | -752.9K | -1.06M | -1.07M |
Income tax expense | -609.62K | 943.72K | -944.03K | 99.15K | 11.57K | -119.31K | -36.39K | -28.70K | -27.02K | -72.69K |
Net income | -8.70M | -19.67M | -11.14M | -4.52M | -6.06M | -851.11K | -937.15K | -724.19K | -894.38K | -999.64K |
Earnings per share | ||||||||||
Basic EPS | -0.28 | -0.74 | -0.62 | -0.46 | -0.75 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 |
Diluted EPS | -0.28 | -0.74 | -0.62 | -0.46 | -0.75 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 |
| Data source | Data source |