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Victory Square's Hydreight Named Among Canada’s Companies-to-Watch in Deloitte’s Technology Fast 50™ Program

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Message: VIDEO – Victory Square Technologies $VST.ca $VSQTF Enters Telehealth Sector with DiscreetCare, sees Fifth Consecutive Quarter of Positive Net Income

VIDEO – Victory Square Technologies $VST.ca $VSQTF Enters Telehealth Sector with DiscreetCare, sees Fifth Consecutive Quarter of Positive Net Income

posted on Jun 02, 2021 04:25PM

Victory Square Technologies (VST:CSE / VSQTF:OTC / 6F6:FWB) builds, acquires and invests in promising start-ups, then provides the senior leadership and resources needed for fast-track growth. 

Across its portfolio of 24 global companies, it covers A.I., Virtual Reality / Augmented Reality, Blockchain, Fintech, Health-tech, Gaming, Sports Betting and SaaS.


And the success its portfolio has achieved – by way of firms such as GameOn Entertainment Technologies, Hydreight and Immersive Tech – has led to a record fifth consecutive quarter with positive net income and earnings per share.

  • During the three months ending March 31, 2021, the adjusted net income of the Company was $5,146,648
  • Adjusted basic earnings per share were $0.06
  • Diluted earnings per share were $0.05

And speaking of GameOn, the company has this month begun trading on the CSE under the symbol $GET (see our first interview with GameOn CEO Matt Bailey here).

Victory Square has dividend out approximately 12.4% of its holdings in GameOn Entertainment Technologies Inc. to its shareholders.

Elsewhere, Victory Square in May launched DiscreetCare: a full-service web app for the treatment of sensitive and delicate medical issues. The launch marks part of the company’s multi-phase expansion into the rapidly growing Telehealth category.

  • Phase 1 of the DiscreetCare.com web app focuses on treating Hair Loss, Erectile Dysfunction, Premature Ejaculation, Genital Herpes, Cold Sores, Acne, and Bladder Control issues
  • Phase 2, launching later this year, will offer at-home testing for STDs, Testosterone and Fertility; as well as treatment for a broader range of sensitive medical issues

We sat down with Shafin Diamond Tejani, Victory Square’s CEO, for an update...

 

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