The company’s net income reached $6.5 million for the six-month period ending June 30, a sharp turnaround from a $0.1 million loss in the first half of 2025. This financial momentum was mirrored in the second quarter, where revenue hit $28.0 million, up 421% year-over-year. As of mid-year, Victory Square maintains a cash position of $20.2 million and working capital of $34.5 million.
Victory Square Technologies Revenue Surges 434% in First Half
Vancouver-based venture builder Victory Square Technologies reported $53.0 million in revenue for the first half of 2026, a 434% increase over the same period last year, fueled primarily by the aggressive scaling of its healthcare infrastructure subsidiary, Hydreight Technologies.
Chief Executive Officer Shafin Diamond Tejani attributed the growth to the company’s venture-building model, which focuses on identifying large-market opportunities and providing operational support to scale. Hydreight Technologies remains the primary driver of this performance, managing a U.S. network of over 3,000 nurses and 300 independent doctors. Beyond digital health, Victory Square is diversifying its portfolio, advancing Insu Therapeutics’ buccal drug-delivery platform and launching a $10 million venture fund under the Pawsible brand to target the pet-health market.
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