Victory Square Technologies Inc
Victory Square Technologies Inc. is a private equity and venture capital firm specializing in incubation, acquisition and invests in startups, Early stage and provides the senior leadership and resources needed to growth. Through its portfolio companies it focuses on technologies in blockchain, digital health, web3, creator economy, metaverse, machine learning, climate tech, youth, mental health,… Read more
Victory Square Technologies Inc (VSQTF) - Net Assets
Latest net assets as of September 2025: $18.12 Million USD
Based on the latest financial reports, Victory Square Technologies Inc (VSQTF) has net assets worth $18.12 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.79 Million) and total liabilities ($13.67 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $18.12 Million |
| % of Total Assets | 57.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | -92.89% |
| 10-Year Change | 599.93% |
| Growth Volatility | 227.8 |
Victory Square Technologies Inc - Net Assets Trend (2014–2024)
This chart illustrates how Victory Square Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Victory Square Technologies Inc (2014–2024)
The table below shows the annual net assets of Victory Square Technologies Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.75 Million | +1061.76% |
| 2023-12-31 | $-285.96K | -102.16% |
| 2022-12-31 | $13.25 Million | -57.49% |
| 2021-12-31 | $31.16 Million | -19.50% |
| 2020-12-31 | $38.70 Million | +347.38% |
| 2019-12-31 | $8.65 Million | -46.27% |
| 2018-12-31 | $16.10 Million | +63.86% |
| 2017-12-31 | $9.83 Million | +579.44% |
| 2016-12-31 | $1.45 Million | +268.04% |
| 2015-12-31 | $392.94K | +4400.99% |
| 2014-12-31 | $-9.14K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Victory Square Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5584742000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $62.16 Million | 1013.16% |
| Total Equity | $6.13 Million | 100.00% |
Victory Square Technologies Inc Competitors by Market Cap
The table below lists competitors of Victory Square Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Triton Holding Public Company Limited
BK:TRITN
|
$10.82 Million |
|
Orient Ceratech Limited
NSE:ORIENTCER
|
$10.82 Million |
|
Beryl 8 Plus Public Company Limited
BK:BE8
|
$10.83 Million |
|
Advanced Braking Technology Ltd
AU:ABV
|
$10.83 Million |
|
Belysse Group N.V.
BR:BELYS
|
$10.82 Million |
|
Otto Energy Limited
PINK:OTTEF
|
$10.81 Million |
|
Legacy Minerals Holdings Ltd
AU:LGM
|
$10.81 Million |
|
Citius Oncology, Inc.
NASDAQ:CTOR
|
$10.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Victory Square Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,955,495 to 6,134,864, a change of 2,179,369 (55.1%).
- Net income of 1,233,501 contributed positively to equity growth.
- Other factors increased equity by 945,868.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.23 Million | +20.11% |
| Other Changes | $945.87K | +15.42% |
| Total Change | $- | 55.10% |
Book Value vs Market Value Analysis
This analysis compares Victory Square Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.76x to 1.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.16 | $0.12 | x |
| 2018-12-31 | $0.20 | $0.12 | x |
| 2019-12-31 | $0.11 | $0.12 | x |
| 2020-12-31 | $0.43 | $0.12 | x |
| 2021-12-31 | $0.28 | $0.12 | x |
| 2022-12-31 | $0.14 | $0.12 | x |
| 2023-12-31 | $0.04 | $0.12 | x |
| 2024-12-31 | $0.06 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Victory Square Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.38%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 1.67x
- Recent ROE (20.11%) is above the historical average (-97.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -2731.80% | 0.04x | 0.00x | $-117.56K |
| 2015 | -175.95% | -1905.18% | 0.05x | 1.82x | $-730.68K |
| 2016 | -187.88% | -626.78% | 0.17x | 1.82x | $-2.86 Million |
| 2017 | -27.87% | -369.44% | 0.06x | 1.19x | $-3.72 Million |
| 2018 | -88.99% | -284.43% | 0.25x | 1.24x | $-14.20 Million |
| 2019 | -89.10% | -210.12% | 0.27x | 1.59x | $-8.25 Million |
| 2020 | 60.45% | 1336.91% | 0.03x | 1.29x | $16.62 Million |
| 2021 | -50.59% | -927.03% | 0.04x | 1.36x | $-16.59 Million |
| 2022 | -173.20% | -407.99% | 0.25x | 1.73x | $-25.59 Million |
| 2023 | -357.85% | -117.42% | 1.02x | 2.98x | $-14.55 Million |
| 2024 | 20.11% | 7.38% | 1.64x | 1.67x | $620.01K |
Industry Comparison
This section compares Victory Square Technologies Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Victory Square Technologies Inc (VSQTF) | $18.12 Million | 0.00% | 0.75x | $10.82 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |