Versus Systems Inc. (VS)
NASDAQ: VS · Real-Time Price · USD
1.325
+0.015 (1.15%)
At close: Aug 10, 2026, 4:00 PM EDT
1.280
-0.045 (-3.40%)
Pre-market: Aug 11, 2026, 6:51 AM EDT

Versus Systems Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2.182.180.060.271.110.77
Revenue Growth
846.14%3711.30%-78.87%-75.55%44.26%-44.70%
Gross Profit
1.992.170.020.170.030.15
Operating Income
-0.87-2.16-4.54-10.85-22.06-15.48
Net Income
-1.51-1.79-4.04-9.53-21.93-16.91
Earnings Per Share
-0.31-0.37-1.54-10.44-192.89-241.76
EPS Growth
------

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
0.420.533.074.691.181.68
Total Debt
00002.732.35
Net Cash (Debt)
0.420.533.074.69-1.55-0.67
Net Cash Growth
-82.61%-82.80%-34.62%---
Net Cash Per Share
0.090.111.175.14-14.98-11.23

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-1.27-2.05-4.97-5.58-9.15-12.89
Capital Expenditures
-----0.04-0.07
Free Cash Flow
-1.27-2.05-4.97-5.58-9.19-12.97
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
91.54%99.25%29.69%61.99%2.66%19.97%
Operating Margin
-39.88%-98.99%-7923.52%-4002.07%-1989.70%-2014.18%
Pretax Margin
-72.34%-98.16%-7943.39%-3876.61%-1977.86%-2200.51%
Profit Margin
-72.27%-98.08%-7901.10%-3876.61%-1977.86%-2200.51%
FCF Margin
-58.21%-94.02%-8678.86%-2058.55%-829.13%-1687.07%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
3.252.73188.2410.201.8342.51