Victory Square Technologies Inc. (CSE:VST)

CSE:VST Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	20.21	16.27	1.23	2.2	3.84	4.38
Cash & Short-Term Investments	20.21	16.27	1.23	2.2	3.84	4.38
Cash Growth	-	1222.80%	-44.14%	-42.60%	-12.33%	-4.14%
Accounts Receivable	19.14	1.73	0.11	0.1	0.03	0.29
Other Receivables	-	-	-	-	0.09	0.12
Receivables	19.14	1.73	0.16	0.1	0.11	0.41
Inventory	-	-	-	0.1	0.1	0.15
Prepaid Expenses	13.95	3.49	0.09	0.16	0.45	0.38
Other Current Assets	0.29	0.11	0.16	0.02	0.03	0.13
Total Current Assets	53.59	21.61	1.64	2.59	4.53	5.44
Property, Plant & Equipment	0.01	0	0	0	0.43	0.91
Long-Term Investments	17.14	16.43	5.2	6.18	11.81	23.95
Goodwill	1.64	1.64	1.64	1.64	2.5	1.64
Other Intangible Assets	3.65	2.57	1.62	1.01	4.64	5.19
Other Long-Term Assets	-0.96	-0.93	-0.97	0.36	0.27	0.01
Total Assets	76.35	42.6	10.22	11.78	24.18	37.33

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	14.56	1.88	1.62	1.77	0.78	0.38
Accrued Expenses	2.4	1.93	1.7	1.56	1.21	0.73
Short-Term Debt	0.1	0.22	0.15	0.47	1.19	3.52
Current Portion of Long-Term Debt	0.27	0.27	2.2	2.43	0.54	-
Current Portion of Leases	-	-	-	-	0.21	0.17
Current Income Taxes Payable	-	0.12	-	0.11	0.08	-
Current Unearned Revenue	1.82	2.15	1.73	1.75	1.7	0.37
Other Current Liabilities	-	-	-	-	0.16	0.16
Total Current Liabilities	19.14	6.55	7.4	8.09	5.88	5.34
Long-Term Debt	8.79	8.36	0.06	3.94	4.43	0.12
Long-Term Leases	-	-	-	-	0.24	0.46
Long-Term Unearned Revenue	0	0.02	0	0.03	0.02	0.01
Long-Term Deferred Tax Liabilities	-	-	-	0.01	0.37	0.24
Total Liabilities	27.93	14.93	7.47	12.07	10.93	6.17

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	45.26	45.25	44.12	43.92	43.92	42.8
Retained Earnings	-51.04	-53.99	-56.02	-57.25	-43.53	-19.34
Comprehensive Income & Other	51.18	39.5	18.04	17.29	13.58	3.92
Total Common Equity	45.4	30.76	6.13	3.96	13.97	27.38
Minority Interest	3.02	-3.1	-3.38	-4.24	-0.72	3.78
Shareholders' Equity	48.42	27.67	2.75	-0.29	13.25	31.16
Total Liabilities & Equity	76.35	42.6	10.22	11.78	24.18	37.33

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	9.16	8.84	2.41	6.84	6.6	4.28
Net Cash (Debt)	11.05	7.44	-1.18	-4.64	-2.77	0.1
Net Cash Growth	-	-	-	-	-	-95.10%
Net Cash Per Share	0.11	0.07	-0.01	-0.04	-0.03	0.00
Filing Date Shares Outstanding	104.29	104.28	100.81	99.56	99.56	97.93
Total Common Shares Outstanding	104.28	104.26	100.81	99.56	99.56	97.93
Working Capital	34.45	15.06	-5.76	-5.51	-1.35	0.1
Book Value Per Share	0.44	0.30	0.06	0.04	0.14	0.28
Tangible Book Value	40.11	26.55	2.88	1.3	6.83	20.55
Tangible Book Value Per Share	0.38	0.25	0.03	0.01	0.07	0.21
Machinery	-	-	-	-	0.06	0.06
Leasehold Improvements	-	-	-	-	0.05	0.25

Data Source: S&P Global Market Intelligence Last updated: Sep 1, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 10, 2026

Data Sources Report a data error