See more : Crown Crafts, Inc. (CRWS) Income Statement Analysis – Financial Results
Complete financial analysis of Versus Systems Inc. (VS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Versus Systems Inc., a leading company in the Software – Application industry within the Technology sector.
You may be interested
- Nitches Inc. (NICH) Income Statement Analysis – Financial Results
- Aston Martin Lagonda Global Holdings plc (AML.L) Income Statement Analysis – Financial Results
- Jewett-Cameron Trading Company Ltd. (JCTC) Income Statement Analysis – Financial Results
- Ellen AB (publ) (ELN.ST) Income Statement Analysis – Financial Results
- PropertyGuru Limited (PGRU) Income Statement Analysis – Financial Results
Versus Systems Inc. (VS)
About Versus Systems Inc.
Versus Systems Inc. develops and operates a business-to-business software platform in the United States and Canada. The company operates eXtreme Engagement Online, a platform that allows live event producers, professional sports franchises, video game publishers and developers, live event producers, and professional sports franchises, as well as other interactive media content creators, to offer in-game prizing and rewards based on the completion of in-content challenges alongside other user engagement tools. It primarily sells its access to platform and service offerings through its direct sales organization. Versus Systems Inc. is headquartered in Vancouver, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 271.17K | 1.11M | 768.65K | 1.46M | 509.02K | 1.19K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.02K | 688.77K | 386.42K | 228.45K | 0.00 | 0.00 | 0.00 | 5.88K | 30.39K | 17.54K |
| Cost of Revenue | 103.07K | 19,125.20B | 777.83K | 1,706.97B | 239.38K | 124.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.69K | 295.47K | 65.28K | 47.99K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 168.10K | -19,125.19B | -9.18K | -1,706.97B | 269.65K | 1.06K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -4.67K | 393.30K | 321.15K | 180.46K | 0.00 | 0.00 | 0.00 | 5.88K | 30.39K | 17.54K |
| Gross Profit Ratio | 61.99% | -1,724,792,926.95% | -1.19% | -116,729,263.28% | 52.97% | 89.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -93.15% | 57.10% | 83.11% | 78.99% | 0.00% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 1.11M | 699.54K | 381.12K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | -354.11K | 10.41M | 11.82M | 5.65M | 4.61M | 4.28M | 3.47M | 2.48M | 645.08K | 227.61K | 88.11K | 222.93K | 378.26K | 502.16K | 1.23M | 5.76M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 5.94M | 144.06K | 879.68K | 511.55K | 602.78K | 146.41K | 138.09K | 64.51K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.55K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.59M | 10.55M | 12.70M | 6.16M | 5.21M | 4.43M | 3.61M | 2.54M | 645.08K | 227.61K | 88.11K | 222.93K | 378.26K | 502.16K | 1.23M | 5.80M | 5.51M | 1.33M | 401.41K | 422.20K | 295.79K | 220.04K | 55.33K | 23.64K |
| Other Expenses | 4.22M | 4.29M | 2.31M | 1.59M | 2.19M | 894.99 | 914.51 | 1.06M | 0.00 | 0.00 | 0.00 | 407.00 | 5.76K | 243.83K | -284.58K | 349.00K | -12.98K | -1.53M | 438.16K | 85.83K | 45.30K | 192.62K | -92.39K | 36.15K |
| Operating Expenses | 10.92M | 14.84M | 15.01M | 7.76M | 7.40M | 6.63M | 5.54M | 3.33M | 645.08K | 227.61K | 88.11K | 223.34K | 378.66K | 502.56K | 1.28M | 5.89M | 5.79M | 1.35M | 377.27K | 71.40K | 34.93K | 122.35K | -58.04K | 24.11K |
| Cost & Expenses | 11.02M | 14.84M | 15.01M | 7.76M | 7.40M | 6.63M | 5.54M | 3.33M | 645.08K | 227.61K | 88.11K | 223.34K | 378.66K | 502.56K | 1.29M | 6.19M | 5.85M | 1.40M | 377.27K | 71.40K | 34.93K | 122.35K | -58.04K | 24.11K |
| Interest Income | 0.00 | -60.77K | -225.20K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.99K | 0.00 | 0.00 | 0.00 | 85.28K | 91.05K | 0.00 | 53.03K | 36.07K | 0.00 | 1.01K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 122.99K | 153.43K | 649.81K | 574.64K | 81.72K | 5.64K | 0.00 | 9.66K | 21.92K | 23.90K | 29.55K | 39.44K | 0.00 | 0.00 | 0.00 | 0.00 | 29.94K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.47M | 3.03M | 2.35M | 1.53M | 2.19M | 2.20M | 1.93M | 790.24K | 4.52K | 0.00 | 4.99K | 409.12 | 397.65 | 406.93 | 39.19K | 78.73K | 251.28K | 35.12K | 48.28K | 701.61K | 521.72K | 195.37K | 226.73K | 0.00 |
| EBITDA | -8.04M | -17.86M | -17.33M | -5.66M | -4.83M | -4.63M | -3.61M | -4.23M | -645.08K | -227.61K | -70.25K | -191.61K | -378.26K | -91.81K | -1.25M | -5.42M | -5.21M | 4.99M | -353.13K | 279.41K | 225.93K | -18.78K | 201.79K | -6.57K |
| EBITDA Ratio | -2,966.40% | -954.30% | -1,576.95% | -342.46% | -962.71% | -379,848.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 113,997.56% | 1,512.33% | -1,191.51% | 2,186.37% | 0.00% | 0.00% | 0.00% | -319.23% | 664.04% | -37.46% |
| Operating Income | -10.75M | -22.06M | -15.48M | -6.60M | -7.09M | -6.79M | -5.54M | -3.33M | -649.60K | -227.61K | -88.11K | -223.34K | -378.66K | -502.56K | -1.29M | -5.50M | -6.08M | -7.30M | -401.41K | -422.20K | -295.79K | -214.15K | -24.94K | -6.57K |
| Operating Income Ratio | -3,964.06% | -1,989.70% | -2,014.18% | -451.33% | -1,392.51% | -570,894.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -25,655.07% | -798.58% | -1,572.29% | -3,197.38% | 0.00% | 0.00% | 0.00% | -3,639.68% | -82.07% | -37.46% |
| Total Other Income/Expenses | 237.15K | 268.29K | -2.99M | 1.03M | -471.79K | -538.63K | -3.02K | -1.83M | -245.79K | -56.04K | -18.91K | -26.89K | 5.76K | -166.52K | -7.25M | -15.49M | -623.05K | 7.30M | 6.92K | -333.76K | -260.86K | -97.69K | -113.36K | 6.57K |
| Income Before Tax | -10.51M | -21.76M | -17.85M | -7.27M | -7.37M | -6.88M | -5.55M | -3.72M | -645.24K | -297.80K | -107.02K | -250.23K | -372.90K | -669.08K | -8.54M | -20.99M | -6.70M | -14.96M | -394.49K | -755.96K | -556.65K | -311.84K | -138.30K | 0.00 |
| Income Before Tax Ratio | -3,876.61% | -1,962.62% | -2,321.98% | -497.19% | -1,447.93% | -578,590.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -170,199.33% | -3,047.39% | -1,733.53% | -6,549.84% | 0.00% | 0.00% | 0.00% | -5,299.91% | -455.12% | 0.00% |
| Income Tax Expense | 0.00 | 7.85M | 153.43K | -962.38K | -1.86M | -2.38M | -2.18M | -1.03M | 5.14K | 0.00 | 18.91K | 29.55K | 39.44K | 399.71K | 6.88M | 15.75M | 425.99K | 6.11M | -31.06K | -362.28K | -775.77 | 0.67 | 0.13 | 6.57K |
| Net Income | -10.51M | -29.61M | -18.00M | -6.31M | -5.51M | -3.40M | -3.36M | -2.69M | -645.24K | -297.80K | -107.02K | -250.23K | -412.34K | -658.45K | -8.45M | -20.90M | -5.90M | -8.81M | -394.49K | -393.68K | -555.87K | -311.84K | -138.30K | -6.57K |
| Net Income Ratio | -3,876.61% | -2,670.29% | -2,341.94% | -431.38% | -1,082.66% | -285,893.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -168,499.33% | -3,034.17% | -1,528.01% | -3,856.99% | 0.00% | 0.00% | 0.00% | -5,299.91% | -455.12% | -37.46% |
| EPS | -10.44 | -285.33 | -18.89 | -9.73 | -11.76 | -9.45 | -11.06 | -12.44 | -4.67 | -5.65 | -2.96 | -6.91 | -14.96 | -25.29 | -325.00 | -806.61 | -299.01 | -960.67 | -82.03 | -99.82 | -257.35 | -228.62 | -124.93 | -5.94 |
| EPS Diluted | -10.44 | -285.33 | -18.89 | -9.73 | -11.76 | -9.45 | -11.06 | -12.44 | -4.67 | -5.65 | -2.96 | -6.91 | -14.96 | -25.29 | -325.00 | -806.61 | -299.01 | -960.67 | -82.03 | -99.82 | -257.35 | -217.61 | -124.93 | -5.94 |
| Weighted Avg Shares Out | 912.72K | 103.77K | 952.83K | 648.31K | 468.81K | 359.89K | 304.02K | 216.05K | 138.11K | 52.69K | 36.21K | 36.21K | 27.57K | 26.03K | 26.01K | 25.91K | 19.75K | 9.17K | 4.81K | 3.94K | 2.16K | 1.36K | 1.11K | 1.11K |
| Weighted Avg Shares Out (Dil) | 912.72K | 103.77K | 952.83K | 648.31K | 468.81K | 359.89K | 304.02K | 216.05K | 138.11K | 52.69K | 36.21K | 36.21K | 27.57K | 26.03K | 26.01K | 25.91K | 19.75K | 9.17K | 4.81K | 3.94K | 2.16K | 1.43K | 1.11K | 1.11K |
Versus Systems sees sports partnerships blossom in 1Q report
Versus Systems Inc. (NASDAQ:VS, CSE:VS) made meaningful progress in increasing its total partnerships and boosting its average contract value in the first quarter, according to a corporate update released Monday. In recent weeks, Versus Systems entered into a strategic partnership...
Versus Systems enters strategic partnership with Red Moon Marketing
Versus Systems Inc. (NASDAQ:VS, CSE:VS) said it has entered into a strategic partnership with marketing agency Red Moon Marketing to support new client activations built around the Versus XEO platform. Versus' technology will bolster Red Moon's best-in-class digital and experiential capabilities,...
Versus Systems partners with branded entertainment agency for new client activations
Versus Systems Inc. (NASDAQ:VS, CSE:VS) said it has entered into a Master Service Agreement with branded entertainment agency ENT Marketing Inc to support new client activations using its Versus XEO platform for fan engagement and rewards. The company noted that the...
Versus Systems gets fans going at San Antonio Stock Show and Rodeo for fourth consecutive year
Versus Systems Inc. (NASDAQ:VS, CSE:VS) said it has successfully deployed its XEO Interactive Services at the San Antonio Stock Show and Rodeo, marking a fourth consecutive year of the partnership. The event is one of the largest in the city of...
Versus Systems partners with Diplomat Sports & Entertainment to bring XEO platform to Japanese baseball
Versus Systems Inc. (NASDAQ:VS, CSE:VS) said it has partnered with Tokyo-based advertising agency, Diplomat Sports & Entertainment Inc., to power interactive fan experiences for the Hokkaido Nippon-Ham Fighters at the Nippon Professional Baseball's 2022 season. The league is the highest level of professional...
Versus Systems closes previously announced public offering of 4,375,000 units for gross proceeds of U$7 million
Versus Systems Inc said it has closed its previously announced public offering of 4,375,000 units for gross proceeds of U$7 million before deducting underwriting discounts and commissions and other offering expenses. The company said it intends to use the net...
Versus Systems announces pricing of its public offering for gross proceeds of US$7 million
Versus Systems Inc has announced the pricing of its public offering of 4.37 million units for gross proceeds of US$7 million before deducting underwriting discounts and commissions and other offering expenses payable. The company, which has offices in Los Angeles...
Versus Systems to power interactive in-venue fan engagement experience for NHL's Anaheim Ducks
Versus Systems Inc. has announced that it is powering the interactive in-venue fan engagement experience for the National Hockey League's Anaheim Ducks at the team's home games at the Honda Center in Anaheim, California.
Versus Systems makes company record after featuring in 33 major live events last week
Versus Systems Inc announced that it carried out thirty-three activations of fan engagement products during the week of October 18, 2021 — the highest number to date in the company's history. The Los Angeles-based company said its in-venue activations were done...
Versus Systems reaches 10 million fans since July 1, approaching one-million-a-week in October
Versus Systems Inc. said that it has reached a “significant milestone” in fan engagement since the acquisition of Xcite Interactive Inc in June, which allows it to add its proprietary prizing engine to Xcite's newly developed XEO fan engagement platform. ...
Source: https://incomestatements.info
Category: Stock Reports