Victory Square’s Hydreight Shows Strong Growth

Victory Square Technologies Inc (TSE:VST) has released an update.

Victory Square Technologies Inc. announces robust growth of Hydreight, a portfolio company specializing in mobile, at-home healthcare services across the U.S., reporting a 33% year-over-year increase in Q1-2024 revenue to $4.87M. Hydreight serves all 50 states, leveraging its technology to provide compliant medical services and aiming to become North America’s leading mobile clinical network. The company’s strong financial performance is underpinned by a significant rise in GAAP revenue, gross margin, and an expanding network of white-label locations.

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