VIQ Solutions Inc. (TSX: VQS)

VIQ Solutions Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.22	1.62	1.66	10.58	16.84	1.71
Cash & Short-Term Investments	2.22	1.62	1.66	10.58	16.84	1.71
Cash Growth	-11.62%	-2.16%	-84.34%	-37.14%	885.89%	-11.19%
Accounts Receivable	4.75	4.27	5.19	4.91	4.41	3.17
Other Receivables	0.07	0.11	0.22	0.68	0.07	-
Total Receivables	4.83	4.38	5.41	5.59	4.48	3.17
Inventory	0.03	0.03	0.04	0.05	0.05	0.06
Prepaid Expenses	1.22	1.64	2.05	2.05	0.25	0.18
Total Current Assets	8.3	7.67	9.16	18.28	21.62	5.13
Gross Property, Plant & Equipment	-	5.34	5.29	4.29	2.91	2.64
Accumulated Depreciation	-	-3.67	-2.8	-2.7	-2.39	-1.88
Net Property, Plant & Equipment	1.42	1.66	2.49	1.6	0.53	0.76
Goodwill	11.86	12.09	12.05	12.44	6.98	4.3
Other Intangible Assets	7.42	8.07	10.73	14.93	12.12	10.22
Long-Term Deferred Tax Assets	-	-	0.66	0.46	1.44	0.33
Other Long-Term Assets	0.18	0.19	0.46	0.3	0.04	0.04
Total Assets	29.18	29.68	35.54	48.02	42.72	20.77
Accounts Payable	6.54	6.27	5.94	5.32	4.99	3.52
Accrued Expenses	-	-	-	-	0.13	0.15
Current Portion of Long-Term Debt	13.81	0.02	8.63	1.11	1.49	3.44
Current Portion of Leases	0.46	0.48	0.49	0.29	0.11	0.31
Current Income Taxes Payable	0.07	0.06	0.05	0.1	0.2	0.09
Current Unearned Revenue	1.79	1.81	1.75	1	1.25	0.46
Other Current Liabilities	0.15	0.21	0.32	2.77	0.31	-
Total Current Liabilities	22.82	8.85	17.17	10.59	8.49	7.96
Long-Term Debt	-	13.25	0.02	12	12.14	10.11
Long-Term Leases	0.12	0.22	0.72	0.9	0.24	0.38
Long-Term Unearned Revenue	-	-	-	-	0.07	-
Long-Term Deferred Tax Liabilities	-	-	0.87	1.22	0.06	0
Other Long-Term Liabilities	1.03	1.18	1.12	1.21	1.94	0.1
Total Liabilities	23.98	23.5	19.9	25.93	22.93	18.56
Common Stock	77.4	76.23	74.69	72.19	50.23	21.99
Additional Paid-In Capital	8.67	8.67	5.89	4.84	4.97	4.55
Retained Earnings	-79.9	-78.06	-63.72	-55.02	-35.34	-24.19
Comprensive Income & Other	-0.98	-0.67	-1.21	0.07	-0.08	-0.14
Shareholders' Equity	5.2	6.18	15.64	22.09	19.79	2.21
Total Liabilities & Equity	29.18	29.68	35.54	48.02	42.72	20.77
Total Debt	14.4	13.97	9.86	14.3	13.98	14.24
Net Cash (Debt)	-12.18	-12.35	-8.2	-3.71	2.86	-12.53
Net Cash Per Share	-0.31	-0.33	-0.26	-0.14	0.16	-1.28
Filing Date Shares Outstanding	51.2	51.2	34.65	29.88	24.89	10.85
Total Common Shares Outstanding	51.2	40.96	34.65	29.88	23.59	10.85
Working Capital	-14.52	-1.18	-8.02	7.69	13.13	-2.84
Book Value Per Share	0.10	0.15	0.45	0.74	0.84	0.20
Tangible Book Value	-14.08	-13.98	-7.14	-5.28	0.69	-12.3
Tangible Book Value Per Share	-0.28	-0.34	-0.21	-0.18	0.03	-1.13
Machinery	-	3.25	3.2	2.13	1.77	1.55

Source: S&P Capital IQ. Standard template.