Victory Square Technologies (OTC: VSQTF) Announces Filling its Audited Annual Financial Statements on April 30th, 2021 and Reports Record Net Income of $19,733,031 and Positive Earnings Per Share of $0.30 in Fiscal 2020

  • Net income increased to $19,733,031 from ($8,917,573) during the same period year over year, for an increase of $28,650,604
  • Earnings per share increased to $0.30 from ($0.10) during the same period year over year
  • The Company ended the year with a healthy balance sheet with cash and cash equivalents of $4,551,751
  • The company is issuing this news release to correct the filing date in the April 30th, 2021 release. The company filed its audited annual consolidated financial statements for 2020 along with its Management Discussion and Analysis (MD&A) on “Friday, April 30th, 2021”.

VANCOUVER, British Columbia, May 04, 2021 — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that provides investors access to a diverse portfolio of next generation internet companies in key sectors including: the circular economy, digital health, gaming, blockchain, AR/VR, cybersecurity, and fintech, announces it has filed its its audited annual consolidated financial statements for 2020 along with its Management Discussion and Analysis (MD&A) on Friday, April 30th, 2021.

Financial Highlights for the year ending December 31, 2020:

  • Net income increased to $19,733,031 from ($8,917,573) during the same period year over year for an increase of $28,650,604
  • Earnings per share increased to $0.30 from ($0.10) during the same period year over year
  • VST ended the quarter with a healthy balance sheet with cash and cash equivalents of $4,551,751

The Company’s audited annual consolidated financial statements for the year ending December 31st, 2020 along with its Management Discussion and Analysis (MD&A) are available under the Company’s profile on SEDAR (www.sedar.com).

Check out VictorySquare.com and sign up to VST’s official newsletter at www.VictorySquare.com/newsletter.

On behalf of the Board of Directors

“Shafin Diamond Tejani”
Director and Chief Executive Officer
Victory Square Technologies Inc.
www.victorysquare.com