VIQ Solutions Inc. (TSX: VQS)

VIQ Solutions Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.02	1.62	1.66	10.58	16.84	1.71
Cash & Short-Term Investments	1.02	1.62	1.66	10.58	16.84	1.71
Cash Growth	-41.08%	-2.16%	-84.34%	-37.14%	885.89%	-11.19%
Accounts Receivable	5.15	4.27	5.19	4.91	4.41	3.17
Other Receivables	0.13	0.11	0.22	0.68	0.07	-
Receivables	5.28	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	1.26	1.64	2.05	2.05	0.25	0.18
Total Current Assets	7.59	7.67	9.16	18.28	21.62	5.13
Property, Plant & Equipment	1.1	1.66	2.49	1.6	0.53	0.76
Goodwill	12.21	12.09	12.05	12.44	6.98	4.3
Other Intangible Assets	6.63	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	0.19	0.19	0.46	0.3	0.04	0.04
Total Assets	27.71	29.68	35.54	48.02	42.72	20.77
Accounts Payable	6.45	6.27	5.94	5.32	4.99	3.52
Accrued Expenses	-	-	-	-	0.13	0.15
Current Portion of Long-Term Debt	14.27	0.02	8.63	1.11	1.49	3.44
Current Portion of Leases	0.34	0.48	0.49	0.29	0.11	0.31
Current Income Taxes Payable	0.06	0.06	0.05	0.1	0.2	0.09
Current Unearned Revenue	1.4	1.81	1.75	1	1.25	0.46
Other Current Liabilities	0.1	0.21	0.32	2.77	0.31	-
Total Current Liabilities	22.63	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	0.01	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	1.23	1.18	1.12	1.21	1.94	0.1
Total Liabilities	23.86	23.5	19.9	25.93	22.93	18.56
Common Stock	77.57	76.23	74.69	72.19	50.23	21.99
Additional Paid-In Capital	9.15	8.67	5.89	4.84	4.97	4.55
Retained Earnings	-81.55	-78.06	-63.72	-55.02	-35.34	-24.19
Comprehensive Income & Other	-1.32	-0.67	-1.21	0.07	-0.08	-0.14
Shareholders' Equity	3.85	6.18	15.64	22.09	19.79	2.21
Total Liabilities & Equity	27.71	29.68	35.54	48.02	42.72	20.77
Total Debt	14.62	13.97	9.86	14.3	13.98	14.24
Net Cash (Debt)	-13.6	-12.35	-8.2	-3.71	2.86	-12.53
Net Cash Per Share	-0.29	-0.33	-0.26	-0.14	0.16	-1.28
Filing Date Shares Outstanding	52.25	51.2	34.65	29.88	24.89	10.85
Total Common Shares Outstanding	52.25	40.96	34.65	29.88	23.59	10.85
Working Capital	-15.04	-1.18	-8.02	7.69	13.13	-2.84
Book Value Per Share	0.07	0.15	0.45	0.74	0.84	0.20
Tangible Book Value	-14.99	-13.98	-7.14	-5.28	0.69	-12.3
Tangible Book Value Per Share	-0.29	-0.34	-0.21	-0.18	0.03	-1.13
Machinery	-	3.25	3.2	2.13	1.77	1.55
Leasehold Improvements	-	0.05	0.05	0.04	0	0

Source: S&P Capital IQ. Standard template. Financial Sources.