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Versus Systems Inc. logo

Versus Systems Inc.

VS

NASDAQTechnologySoftware - Application

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Previous close

$1.2801

+$0.014 · +1.11%

Aug 21, 4:00 PM ET

VS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

67

Undervalued

Momentum

49

Neutral

Sentiment

44

Mixed

Risk resilience

27

High Risk

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Company profile

Company website

Operating across the United States and Canada, Versus Systems Inc. provides a business-to-business software platform. Their primary product, eXtreme Engagement Online, enables clients such as professional sports organizations, live event producers, and video game publishers and developers, along with other interactive media creators, to embed real-time prizing and incentives within their content. These rewards are typically earned through the completion of challenges and various other user engagement features. The company primarily distributes its platform access and service packages via its internal direct sales force. Versus Systems Inc. maintains its head office in Vancouver, Canada.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Luis Claudio Goldner
Listed since
Aug 13, 2012
Employees
5

Market position

Day range

Current $1.2801

52-week range

Current $1.2801

Open
$1.32
Previous close
$1.2661
Volume
3.75K
0.08× average
Average volume
49.68K
Average daily volume
Market cap
6.27M USD
Beta
1.36
Market reference 1
50-day average
$1.369
-6.49% below average
200-day average
$1.2627
+1.38% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.45M USD
P/E (TTM)
-2.78×
P/B (TTM)
0.54×
P/S (TTM)
4.15×
EV / EBITDA
-2.52×
Earnings yield
-29.97%
Free cash flow yield
-44.51%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
100.00%
Operating margin
-161.77%
Net margin
-127.09%
Return on equity
-17.59%
Return on assets
-86.95%
Return on invested capital
-112.67%

Financial health

Debt / equity
0×
Current ratio
10.17×
Altman Z-score
-40
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends902%-2307%-5517%-8726%Gross margin, FY2021: 100.00%Gross margin, FY2022: 44.35%Gross margin, FY2023: 61.99%Gross margin, FY2024: 29.69%Gross margin, FY2025: 99.25%Operating margin, FY2021: -2013.13%Operating margin, FY2022: -2044.60%Operating margin, FY2023: -4002.09%Operating margin, FY2024: -7923.59%Operating margin, FY2025: -98.99%Net margin, FY2021: -2321.98%Net margin, FY2022: -2026.73%Net margin, FY2023: -3513.32%Net margin, FY2024: -7056.22%Net margin, FY2025: -82.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 44.35%. Gross margin FY2023 61.99%. Gross margin FY2024 29.69%. Gross margin FY2025 99.25%. Operating margin FY2021 -2013.13%. Operating margin FY2022 -2044.60%. Operating margin FY2023 -4002.09%. Operating margin FY2024 -7923.59%. Operating margin FY2025 -98.99%. Net margin FY2021 -2321.98%. Net margin FY2022 -2026.73%. Net margin FY2023 -3513.32%. Net margin FY2024 -7056.22%. Net margin FY2025 -82.08%.

Income trends

Revenue

2.18M USD+3713.89%

Operating income

−2.16M USD+52.35%

Net income

−1.79M USD+55.64%
Income trends across reported periods4.67M USD−5.28M USD−15.24M USD−25.19M USDRevenue, FY2021: 768.65K USDRevenue, FY2022: 1.11M USDRevenue, FY2023: 270.63K USDRevenue, FY2024: 57.25K USDRevenue, FY2025: 2.18M USDOperating income, FY2021: −15.47M USDOperating income, FY2022: −22.7M USDOperating income, FY2023: −10.83M USDOperating income, FY2024: −4.54M USDOperating income, FY2025: −2.16M USDNet income, FY2021: −17.85M USDNet income, FY2022: −22.5M USDNet income, FY2023: −9.51M USDNet income, FY2024: −4.04M USDNet income, FY2025: −1.79M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 768.65K USD. Revenue FY2022 1.11M USD. Revenue FY2023 270.63K USD. Revenue FY2024 57.25K USD. Revenue FY2025 2.18M USD. Operating income FY2021 −15.47M USD. Operating income FY2022 −22.7M USD. Operating income FY2023 −10.83M USD. Operating income FY2024 −4.54M USD. Operating income FY2025 −2.16M USD. Net income FY2021 −17.85M USD. Net income FY2022 −22.5M USD. Net income FY2023 −9.51M USD. Net income FY2024 −4.04M USD. Net income FY2025 −1.79M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.18M USD57.25K USD270.63K USD1.11M USD768.65K USD
Cost of goods sold16.45K USD40.25K USD102.86K USD617.9K USD—
Gross profit2.17M USD17K USD167.77K USD492.47K USD768.65K USD
Research and development48.07K USD245.85K USD1.11M USD2.41M USD298.88K USD
Selling, general, and administrative5.87M USD4.31M USD5.58M USD11.85M USD12.07M USD
Operating expenses4.33M USD4.55M USD11M USD23.2M USD16.24M USD
Interest income———−45.29K USD−176.6K USD
Interest expense———91.66K USD120.32K USD
Depreciation and amortization—1.69K USD2.46M USD3.04M USD2.34M USD
Operating income−2.16M USD−4.54M USD−10.83M USD−22.7M USD−15.47M USD
Net income−1.79M USD−4.04M USD−9.51M USD−22.5M USD−17.85M USD

Company facts updated Aug 24, 2026.

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ETFs holding VS

Funds reporting this stock among their holdings, ordered by reported position size.

State Street SPDR Portfolio Emerging Markets ETF logoState Street SPDR Portfolio Emerging Markets ETFSPEM
Market value
646.15K
Weight
0.00%
AUM
17.57B USD
Expense ratio
0.07%
Price / 1D
$52.38+0.61%
State Street SPDR S&P Emerging Markets Small Cap ETF logoState Street SPDR S&P Emerging Markets Small Cap ETFEWX
Market value
112.84K
Weight
0.02%
AUM
685.65M USD
Expense ratio
0.65%
Price / 1D
$72.22+0.25%

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