VIQ Solutions Inc. News Releases

VIQ Solutions, AXL Partner to Reach up to 99% Accuracy in Telling Speakers Apart in Transcripts

Wed, 07 Oct 2026 17:01:00 -0400

New multi-speaker accuracy improvements deliver near-perfect diarization performance, addressing a longstanding pain point in transcription workflows Richmond Hill, Ontario--(Newsfile Corp. - October 7, 2026) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ" or the "Company"), a global provider of AI-driven digital voice and video capture technology and transcription services, has partnered with Canadian venture studio AXL to announce a significant breakthrough in identifying who is speaking in...

VIQ Solutions Launches NetScribe(R) Live, a Real-Time Recording and Multi-Lingual Transcription Platform for Multiple Industry Applications

Wed, 09 Sep 2026 17:01:00 -0400

New live capture and streaming platform delivers real-time, multi-language transcription for courts, tribunals, and multiple industries Richmond Hill, Ontario--(Newsfile Corp. - September 9, 2026) - VIQ Solutions (TSXV: VQS) today announced the launch of NetScribe® Live, a recording and streaming platform built for recorded proceedings. The platform captures in-person, hybrid, and remote proceedings and streams transcription and translation in real time, so participants can follow a proceeding...

VIQ Solutions Inc. Reports Adjusted EBITDA up 202% and 127%, Gross Margins up 9.8% and 4.7% for the Three and Six Months Ended June 30, 2026. Australian Operations Wound Down

Thu, 13 Aug 2026 17:45:00 -0400

VIQ Solutions reports another quarter of positive adjusted EBITDA including positive cash flow and improved gross margins.The Company initiated a significant cost reduction program in advance of winding down its Australian operations. Most of these cost savings are expected to be realized by the end of the third quarter of 2026 which will contribute to future EBITDA and cash flow.VIQ Solutions' Australian operations were wound down as onerous business conditions did not allow the company to...

VIQ Solutions Announces Client Contract Extensions and an Upcoming Product Release

Mon, 15 Jun 2026 17:01:00 -0400

Richmond Hill, Ontario--(Newsfile Corp. - June 15, 2026) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ" or "the Company"), a global leader in AI-powered digital documentation, today announced the extension of two multi-year, multi-million-dollar client contracts in the USA and UK business units. The first extension, with a Media client, pushes the next renewal date out to Q2 2029, and represents approximately US $1.6 million in annual revenue. The second, with a UK Government client, pushes the next...

VIQ Solutions Provides Update on Voluntary Administration of Australian Subsidiaries

Thu, 04 Jun 2026 17:01:00 -0400

Richmond Hill, Ontario--(Newsfile Corp. - June 4, 2026) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ Solutions" or the "Company") today provided an update on its Australian division, consisting of VIQ Australia Pty Ltd, VIQ Solutions Pty Ltd, VIQ Solutions Australia Pty Ltd, VIQ Pty Ltd and VIQ Australia Services Pty Ltd ("VIQ Australia"), which was placed into voluntary administration pursuant to Part 5.3A of the Corporations Act 2001 (Australia) (the "Corporations Act") in March 2026 (the "Voluntary...

VIQ Solutions Reports Adjusted EBITDA up 45% for the Three Months Ended March 31, 2026

Tue, 26 May 2026 20:15:00 -0400

Revenue of $9.8 million for the three months ended March 31, 2026 primarily driven by higher hardware sales and the strengthening of foreign currencies relative to the prior quarter.Adjusted EBITDA of $1.3 million for the three months ended March 31, 2026, up 45% versus the comparable period in 2025 (see "Non-IFRS Measures").The Company posted its eighth straight quarter of positive Adjusted EBITDA underscoring consistent progress.Richmond Hill, Ontario--(Newsfile Corp. - May 26, 2026) - VIQ...

VIQ Solutions Reports Adjusted EBITDA Up 264% and 152% for the Three months and Year Ended December 31, 2025

Tue, 31 Mar 2026 19:30:00 -0400

Revenue of $10.6 million and $41.5 million for the three months and year ended December 31, 2025, with gross margins up 7.1% and 4.6%, respectively.Adjusted EBITDA of $1.8 million and $5.0 million for the three and twelve months ended December 31, 2025, up 264% and 152% vs the comparable periods in 2024 (see "Non-IFRS Measures").The Company posted its seventh straight quarter of positive Adjusted EBITDA underscoring consistent progress.In Q425, VIQ secured a software license deal with an...

VIQ Solutions Announces Voluntary Administration of Australian Subsidiaries to Focus on its North American and United Kingdom Operations

Sun, 15 Mar 2026 21:00:00 -0400

Richmond Hill, Ontario--(Newsfile Corp. - March 15, 2026) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ Solutions" or the "Company") today announced that its Australian division, consisting of VIQ Australia Pty Ltd, VIQ Solutions Pty Ltd, VIQ Solutions Australia Pty Ltd, VIQ Pty Ltd and VIQ Australia Services Pty Ltd ("VIQ Australia"), has been placed into voluntary administration pursuant to Part 5.3A of the Corporations Act 2001 (Australia). VIQ Solutions is taking this action in order to focus its...

VIQ Solutions Identifies Data Incidents in Australia

Fri, 20 Feb 2026 18:25:00 -0500

Richmond Hill, Ontario--(Newsfile Corp. - February 20, 2026) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ", "VIQ Solutions" or the "Company") recently became aware of data privacy incidents involving unauthorized access to data by members of the Company's global personnel in the performance of Australian-based transcription services. Upon becoming aware of the matter, VIQ immediately activated its incident response protocols and commenced an internal investigation with a leading independent...

VIQ Announces Normal Course Issuer Bid

Wed, 17 Dec 2025 17:00:00 -0500

Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") has accepted a notice (the "Notice") filed by the Company of its intention to make a normal course issuer bid (the "NCIB") for purchases of its common shares (the "Shares"). The Company has entered into an issuer repurchase plan agreement with Beacon Securities Limited (the "Broker") to facilitate the NCIB.The Notice...