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VIQ Solutions Delivers $6.0M Adjusted EBITDA Year-Over-Year Improvement in FY 2024

Mar 28, 2025•about 1 year ago

Contract Type

contract

MississaugaInformation Technology

Description

VIQ Solutions Inc. has announced a $6.0 million year-over-year improvement in Adjusted EBITDA, reaching $2.0 million for the fiscal year 2024. This significant financial turnaround underscores VIQ’s commitment to sustainable profitability and positions the company for continued margin expansion and positive free cash flow generation in 2025.

Company Information

Company

VIQ Solutions

Location

5915 AIRPORT ROAD

Mississauga, Ontario, Canada

About

VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.

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