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Victory Square Technologies to Attend the Lytham Partners Summer Investor 1x1 Conference From June 14-16, 2021

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Victory Square Technologies reported positive financial performance, achieving a record net income of $19,733,031 and earnings per share of $0.30 for fiscal 2020. In the first quarter of 2021, adjusted net income was $5,146,648, with earnings per share at $0.06 and cash equivalents of $10,180,620. The company issued a special common share dividend in 2021 and will attend the Lytham Partners Summer Investor Conference from June 14-16, 2021, focusing on connecting with institutional investors.

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  • Victory Square has posted Five Consecutive Quarters of Positive Net Income & Earnings Per Share
  • Reported Record Net Income of $19,733,031 & Positive Earnings Per Share of $0.30 in Fiscal 2020
  • Reported adjusted Net Income of $5,146,648 & Positive Earnings Per Share of $0.06 for three months ending March 31, 2021. With cash and cash equivalents of $10,180,620
  • Issued a Special Common Share Dividend in 2021

VANCOUVER, British Columbia, June 11, 2021 (GLOBE NEWSWIRE) -- 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: digital health, gaming, blockchain, AR/VR, cybersecurity, the circular economy and cloud computing, is pleased to announce it will be attending the Lytham Partners Summer Investor 1x1 Conference being held from June 14-16, 2021.

Lytham Partners is one of the country’s leading investor relations firms. Their investor conferences are an ideal platform for bringing public companies and investors together.

Lytham Partners Summer Investor 1x1 Conference will take place over 3 days from June 14 to 16, 2021. This event is focused on connecting companies with institutional investors in a virtual 1x1 format with a focus on communicating positioning and strategies for the year ahead and beyond.

Management will be participating in virtual one-on-one meetings throughout the event, which run from June 14 through 16, 2021. VST’s Chief Executive Officer, Shafin Diamond Tejani and Chief Growth Officer, Vahid Shababi are scheduled to attend and connect virtually to an online audience through 1x1 meetings highlighting their current portfolio of 28 companies focused on 4th Industrial Revolution technologies: personalized and digital health, artificial intelligence, augmented and virtual reality, blockchain, cyber security and more. 

“I’m excited to connect with all of the investors and share Victory Square’s recent acquisitions, and successes along with our upcoming initiatives,'' said Tejani.

Victory Square Technologies recently provided a corporate update as at May 31, 2021, which included the following highlights:

  • Victory Square Technologies Reported Record Net Income of $19,733,031 and Positive Earnings Per Share of $0.30 in Fiscal 2020.
  • Issued a Special Common Share Dividend of Its Interest in Portfolio Company GameOn Entertainment Technologies Inc.
  • Victory Square Board of Directors Approved a Special Common Share Dividend of Its Interest in Portfolio Company Fantasy 360 Technologies Inc. dba Immersive Tech Upon Listing and is Subject to CSE and Other Necessary Approvals
  • Announced Oversubscribed Financings for Portfolio Companies: GameOn, Immersive Tech and Fansunite
  • Acquired IV Hydreight, a Mobile Health and Online Pharmacy Solution
  • IV Hydreight Teamed up with Victory Square Health to Expand its Offerings in Brazil
  • Launched DiscreetCare.com, a Telehealth Service Across the USA
  • Completed $6,000,000 Sale of VPN Platform
  • Signed Binding Letter of Intent to Invest in Renewable Energy Company - Stardust Solar
  • GameOn Began Trading June 1, 2021 on the CSE Under the Symbol (CSE:GET)
  • Featured in: Forbes, Entrepreneur & Worth Magazine

To arrange a virtual one-on-one meeting with Victory Square Technologies’ management, please contact Lytham Partners at 1x1@lythampartners.com or register at https://lythampartners.com/virtual/summer-2021/ . For general inquiries about the conference contact info@lythampartners.com .

Visit VictorySquare.com and sign up for the official newsletter of Victory Square at www.VictorySquare.com/newsletter.

On behalf of the board,

Shafin Diamond Tejani
Chief Executive Officer

For further information about the Company, please contact:

Investor Relations Contact – Edge Communications Group
Email: ir@victorysquare.com
Telephone: 604 283-9166

Media Relations Contact – Howard Blank, Director
Email: howard@victorysquare.com

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. VST's sweet spot is the cutting-edge tech that's shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn't just another investor. With real skin in the game, we're committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you'll scale and be ready to monetize.

What we do differently for investors

For investors, we offer early-stage access to the next unicorns before they're unicorns. Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we're able to provide strong and stable returns while also tapping into emerging global trends with big upsides.

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).

For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

The Canadian Securities Exchange, nor its Regulation Services Provider has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.


FAQ

What are the recent earnings reported by Victory Square Technologies (VSQTF)?

Victory Square Technologies (VSQTF) reported a record net income of $19,733,031 and earnings per share of $0.30 for fiscal 2020.

When is the Lytham Partners Summer Investor Conference for Victory Square (VSQTF)?

The Lytham Partners Summer Investor Conference for Victory Square (VSQTF) is scheduled from June 14-16, 2021.

What was the adjusted net income for Victory Square Technologies (VSQTF) in Q1 2021?

In the first quarter of 2021, Victory Square Technologies (VSQTF) reported an adjusted net income of $5,146,648.

Did Victory Square Technologies (VSQTF) issue any dividends recently?

Yes, Victory Square Technologies (VSQTF) issued a special common share dividend in 2021.

What is the significance of the recent financial results from Victory Square Technologies (VSQTF)?

The recent results indicate consistent profitability for Victory Square Technologies (VSQTF) with five consecutive quarters of positive net income.

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