
Victory Square Technologies Posts Q3âŊ2025 Results â Cash, Growth, and Big Moves Ahead
âĒBy ADMIN
Related Stocks:VST
Victory Square Technologies Inc. (CSE: VST / FSE: 6F6 / OTC Pink: VSQTF) has published its financial results for the three- and nine-month periods ended SeptemberâŊ30,âŊ2025 â and delivered an ambitious update on its expanding global portfolio.
ð Q3 2025 Financial Snapshot
Adjusted Revenue:âŊUS$âŊ12.83âŊmillion
GAAP Revenue:âŊUS$âŊ10.52âŊmillion
Gross Margin:âŊUS$âŊ2.33âŊmillion
Adjusted EBITDA:âŊUS$âŊ1.26âŊmillion
Cash & Marketable Securities (as of quarter-end):âŊUS$âŊ25.91âŊmillion
For the first 9 months of 2025: Adjusted RevenueâŊUS$âŊ26.71âŊmillion, GAAP RevenueâŊUS$âŊ20.44âŊmillion
ð§ Whatâs Going On Behind the Numbers
According to CEO Shafin Diamond Tejani, Q3 was driven by strong execution across the companyâs diverse businesses â from digital health to biotech, pet wellness, climate tech, and immersive tech.
Here are the biggest developments:
Hydreight Technologies Inc. â Victory Squareâs flagship digitalâhealth arm â continued its national expansion and remained the companyâs operational engine.
Insu Therapeutics Inc. is advancing development of an oral insulin pill, with plans targeting firstâinâhuman studies (subject to regulatory approval) in 2026.
Pawsible Ventures Inc. launched a US$10âŊmillion fund and studio to back ventures in pet health & wellness â marking the companyâs broader push beyond human health.
XR Immersive Tech boosted efforts to integrate immersive technologies into healthârelated IP â from virtual diagnostics to 3D health data visualization and patientâeducation tools.
Other portfolio moves include divesting nonâcore assets (e.g. sale of AI fintech tools and a previous business called BlockX) and executing a normal course issuer bid (NCIB) to repurchase up to 5,000,000 common shares.
ðŪ Whatâs Next?
Looking ahead, Victory Square aims to:
Back continued growth in its core verticals: Hydreight (digital health), VSDHOne / VSDH platforms, pet wellness via Pawsible, XR Immersive health tech, and Insuâs oralâinsulin program.
Keep driving value via selective capitalârecycling and shareâbuyback activity.
Build long-term, sustainable value by backing earlyâstage companies that can scale globally across tech, health, wellness, and climate sectors.
Bottom line: Victory Square isnât just showing healthy financials now â itâs laying the groundwork for a diversified growth engine that spans digital health, biotech, pet wellness, and immersive tech.
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