With company fundamentals improving every quarter, VIQ’s equity profile and shareholder base has evolved considerably, particularly after the first half of this fiscal year. Today, the company’s clients, revenue, operations, human expertise and technology infrastructure are predominantly in the United States, which has helped drive growth in the percentage of shareholders being based in the U.S. and abroad. As the company continues to execute on its core growth strategy of driving operational excellence and financial performance, new investors are entering the stock. The proposed stock consolidation is an important step toward contributing to the overall strategy to drive long term shareholder value as the structure of the company evolves and the company’s equity profile, and shareholder make-up, continues to improve.
The evidentiary data capture and transcription industry is at a significant inflection point. Explosive growth in the amount, and types, of information being captured is unrelenting. New threats to information privacy and security appear weekly. Advancements within artificial intelligence (AI) and machine learning (ML), create the perfect opportunity to employ enhanced technologies and an experienced services team to drive a new standard in the industry.