Victory Square Technologies (VST:CSE / VSQTF:OTC / 6F6:FWB) builds, acquires and invests in promising start-ups, then provides the senior leadership and resources needed for fast-track growth.
Across its portfolio of 24 global companies, it covers A.I., Virtual Reality / Augmented Reality, Blockchain, Fintech, Health-tech, Gaming, Sports Betting and SaaS.
And the success its portfolio has achieved – by way of firms such as GameOn Entertainment Technologies, Hydreight and Immersive Tech – has led to a record sixth consecutive quarter with positive net income and earnings per share:
- The firm reported record net income of $19,733,031 and positive Earnings Per Share of $0.30 in Fiscal 2020
- During the six months ending June 30, 2021, the adjusted net income of the Company was $7,653,255
- During the three months ending June 30, 2021, the adjusted net income of the Company was $2,222,180
- VST Issued a special dividend of common shares of its portfolio company GameOn Entertainment Technologies (GET: CSE) in May 2021
- Followed by a special dividend of common shares of its portfolio company Fantasy 360 Technologies Inc. (CSE (reserved):VRAR) aka Immersive Tech in August
We sat down with Shafin Diamond Tejani, Victory Square’s CEO, to break down the numbers and look ahead to the future…