Topline Revenue for the three-months ended March 31, 2024, was $5,052,069 Cash & liquid securities approx. $4,410,203 Notable Portfolio Company Highlights: Hydreight, GameOn, XR Immersive, Covalent, FansUnite, Turnium, CoPilot AI, Stardust Solar, Safetest Comércio de Diagnósticos, CloudAdvisors and Insu Therapeutics Victory Square Q&A Investor Webinar with CoPilot AI CEO Jesse Chen. VANCOUVER, British Columbia, May 31, 2024 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. ("Victory Square" or the "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that gives investor access to a portfolio of 25+ innovative companies from around the world in a single stock, announces it has filed its Consolidated Financial Statements for the quarter ended March 31st, 2024 along with its Management Discussion and Analysis (MD&A). "We are living in the midst of the 4th Industrial Revolution; The Tech Revolution that will undoubtedly change everything as we know it," said Shafin Diamond Tejani, CEO Victory Square. "Artificial Intelligence, Machine Learning, Web3, Gaming, Virtual and Augmented Reality, the Creator Economy, Digital Health and Climate Tech are all sectors that Victory Square has invested in. We offer investors the chance to invest in the most exciting tech trends all in one place with a uniquely liquid, audited and secure way to gain access to these latest innovative technologies." Financial HighlightsThe Company's condensed consolidated interim financial statements comprise the financial statements of the Company and its subsidiaries: Futura Health and Wellness Inc. ("Futura"), Hydreight Technologies Inc. ("HTI"), Victory Square Digital Health Inc. ("VS Digital Health"), Draft Label Technologies Inc. ("Draft Label"), XR Immersive Tech Inc. ("XRI") and Synthesis VR Inc. ("SVR"), PDL USA Inc. ("PDL USA"), BlockX Capital Corp. ("BlockX Capital"), VS Blockchain Assembly ("VS Blockchain"), Insu Therapeutics Inc. ("Insu") Victory Square invests in early-stage technology companies. Increases and decreases in the value of those companies have the greatest impact on the results of operations of the Company from quarter to quarter. It is within the business cycle to see periods of net losses when first investing in a new company, spending up to 48 months incurring expenses and building the business, and then in subsequent periods realizing the gains and revenues from those early investments. The net loss for the quarter ended March 31, 2024, is primarily due to the fair value write-down on portfolio investments due to the market environment as well as operating losses from consolidated subsidiaries. RevenueTopline revenue for the three-months ended March 31, 2024, was $5,052,069. GAAP Revenue for the three-months ended March 31, 2024, was $3,559,675 compared to $2,851,471 for the comparative period. Cost of Goods SoldCost of goods sold for the three-months ended March 31, 2024, was $2,146,272 compared to $1,370,139 for the comparative period. Gross MarginThe gross margin for the three-months ended March 31, 2024, was $1,413,403 compared to $1,481,332 and for the corresponding comparative period. Cash & liquid securities approx. $4,410,203 The Company's consolidated financial statements for the quarter ended March 31, 2024 along with its Management Discussion and Analysis (MD&A) are available under the Company's profile on SEDAR+ (www.sedar.com). Notable Portfolio Company Highlights: Hydreight Technologies (TSXV:NURS) (OTCQB:HYDTF) (FSE: SO6) Hydreight recently announced record revenue for fiscal year 2023, Adjusted Revenue of $17.05M in 2023 compared to C$8,425,719 in 2022, an annual growth rate of 102% GameOn (CSE:GET) (OTCQB:GMETF) $GAME Token to Launch June 3, Promoted by Major Sports Leagues & Influencers