Versus Systems Inc.
VS Nasdaq· Services-Computer Processing & Data Preparation
Last close · Oct 27, 2026
$0.96
KIRA · Stoqly’s AI analyst, in plain words
- Versus Systems Inc. had $2.2M of revenue in fiscal 2025, up 3,710.5% on the year before.
- Its operating margin was −99.0%, up 7,822.8 pts: of every 100 in sales, about −99 is left after running the business.
- Versus Systems Inc. lost $1.8M in fiscal 2025.
Market cap
$4.8M
P/E
—
Revenue
$2.2M
Net income
−$1.8M
Free cash flow
—
Operating margin
−99.0%
Versus Systems Inc. in 30 seconds · fiscal 2025
Are sales growing?
+3,710.5%
Yes. Sales grew 3,710.5% last year.
Does it make a profit?
−82.1%
No. It lost money last year.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Versus Systems Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 15, 2026
- Legal name
- Versus Systems Inc.
- CIK
- 0001701963
Versus Systems Inc. · VS
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $1.1M | $0.3M | $0.1M | $2.2M |
| Revenue growth | — | −75.5% | −78.9% | 3,710.5% |
| Gross margin | 44.4% | 62.0% | 29.7% | 99.2% |
| Operating margin | −2,044.7% | −4,001.6% | −7,921.8% | −99.0% |
| Net income | −$22.5M | −$9.5M | −$4.0M | −$1.8M |
| Net margin | −2,026.8% | −3,512.9% | −7,054.6% | −82.1% |
| Diluted EPS | −$192.89 | −$10.44 | −$1.54 | −$0.37 |
| Cash | ||||
| Cash from operations | −$9.2M | −$5.6M | −$5.0M | −$2.1M |
| Capital expenditure | $0.0M | — | — | — |
| Free cash flow | −$9.2M | — | — | — |
| FCF margin | −829.2% | — | — | — |
| Share count change | — | — | 188.0% | 86.5% |
| Debt and strength | ||||
| Cash and short-term investments | $1.2M | $4.7M | $3.1M | $0.5M |
| Deposits | $0.1M | — | — | — |
| Shareholders' equity | $11.1M | $11.9M | $11.4M | $10.2M |
| Current ratio | 0.4x | 15.1x | 134.4x | 10.2x |
| Interest coverage | — | — | −255.0x | — |
| Returns and quality | ||||
| Return on equity | −201.8% | −82.6% | −34.6% | −16.6% |
| Return on tangible equity | −473.8% | −79.8% | −35.4% | −18.7% |
| Piotroski F-score | — | 4 | 2 | 3 |
| Altman Z'' | −67.8 | −60.3 | 325.6 | −151.4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Versus Systems Inc. · VS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.96 a share, the company is worth $4.8M.
Source: SEC EDGAR XBRL filings (CIK 0001701963). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.