VIQ Solutions FY26 Q2 adjusted EBITDA more than doubled to USD 2.9 million; revenue rises 10.2% to USD 11.5 million
Reuters2026/08/13 21:46Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- VIQ Solutions posted IFRS net income of USD 1.3 million, swinging from a loss a year earlier; revenue rose 10.2% to USD 11.5 million.
- Adjusted EBITDA climbed to USD 2.9 million, more than doubled from a year earlier; gross margin expanded 9.8 percentage points to 57.8%.
- For the first half, revenue increased 6.3% to USD 21.3 million; adjusted EBITDA rose to USD 4.2 million, up USD 2.3 million.
- Australian operations were wound down after an unsuccessful sale or recapitalization process; much of the operational wind-down finished in June.
- Management said most cost-savings from its reduction program should be realized by end-Q3 2026, sharpening focus on North America and the UK.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VIQ Solutions Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608131745NEWSFILECNPR____20260813_309584_1) on August 13, 2026, and is solely responsible for the information contained therein.
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