Q: i see a lot of management changes and positive press releases as well as a financing bought up mostly by management . given the rise in popularity out there in Ai was
wondering how vqs and the space they are in looks to you.
many thanks
wondering how vqs and the space they are in looks to you.
many thanks
5i Research Answer:
VQS is quite small so the usual small-cap risks apply here. The company offers voice and video capture technology and transcription to various businesses. The recent capital raise will help provide some runway and the company is roughly at break even for operating cash flows. They are making changes to cut their expenses which is a good thing, but maybe less of what you want to see in the context of smaller, growth oriented companies. Our main concern here is that revenues have been 'stuck' at the $10 mln a quarter level since early 2022.