Victory Square Technologies Delays Annual Financial Filings

Victory Square Technologies Inc ( (TSE:VST) ) has provided an announcement.

Victory Square Technologies Inc. has announced a delay in filing its audited annual financial statements and related documents for the fiscal year ending December 31, 2024, resulting in a management cease trade order for its CEO and CFO. Despite the delay, Victory Square is working diligently to complete these filings by June 11, 2025, and has assured stakeholders that no material changes or undisclosed information have occurred since the default announcement.

Spark’s Take on TSE:VST Stock

According to Spark, TipRanks’ AI Analyst, TSE:VST is a Neutral.

Victory Square Technologies Inc displays promising technical momentum and strategic growth initiatives, particularly through its recent corporate events. However, significant challenges remain in terms of profitability and valuation. The company’s financial performance shows ongoing operational inefficiencies and negative cash flow, which weigh heavily on the overall score. Despite this, the technical indicators and positive corporate developments provide a potential for improved future performance.

To see Spark’s full report on TSE:VST stock, click here.

More about Victory Square Technologies Inc

Victory Square Technologies Inc. builds, acquires, and invests in promising startups, providing them with senior leadership and resources for rapid growth. The company focuses on cutting-edge technologies shaping the 4th Industrial Revolution, with a portfolio of over 20 global companies in sectors like fintech, insurance, health, and gaming, utilizing AI, VR/AR, and blockchain.

Average Trading Volume: 69,065

Technical Sentiment Signal: Buy

Current Market Cap: C$23.9M

Learn more about VST stock on TipRanks’ Stock Analysis page.