Versus Systems Inc. (VS) — Financial statements
Income statement, balance sheet, and cash flow for Versus Systems Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2↑2550.2% | 0.08↓77.1% | 0.36↓75.9% | 1↑52.1% | 0.98 | |
| Cost of Revenue | 0.02↓71.6% | 0.06↓57.6% | 0.14↓83.5% | 0.83 | 0.00 | |
| Gross Profit | 2↑8758.1% | 0.02↓89.0% | 0.22↓66.3% | 0.66↓32.5% | 0.98 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.05↓86.4% | 0.35↓75.9% | 1↓54.6% | 3 | 0.00 | |
| General & Administrative Expenses | 6↓5.3% | 6↓16.4% | 7 | 0.00↓100.0% | 14 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00↓100.0% | 16↑1318.8% | 1 | |
| SG&A Expenses | 6↓5.3% | 6↓16.4% | 7↓53.4% | 16↑3.3% | 15 | |
| Other Expenses | -2 | 0.00↓100.0% | 6↓52.2% | 12↑125.5% | 5 | |
| Operating Expenses | 4↓33.9% | 7↓55.1% | 15↓53.1% | 31↑50.3% | 21 | |
| Total Costs & Expenses | 4↓34.3% | 7↓55.2% | 15↓53.9% | 32↑54.3% | 21 | |
| Operating Results | ||||||
| Operating Income | -2↑66.9% | -7↑54.6% | -14↑52.8% | -30↓54.4% | -20 | |
| Depreciation & Amortization | 0.00↓100.0% | 0.00↓99.9% | 3↓19.7% | 4↑36.2% | 3 | |
| EBITDA | -2↑66.9% | -7↓21.2% | -5↑62.6% | -14↑26.4% | -20 | |
| EBIT | -2↑66.9% | -7↑24.6% | -9↑53.2% | -18↑18.1% | -23 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00 | 0.00 | 0.00↑100.0% | -0.18↑51.5% | -0.38 | |
| Interest Income | 0.00 | 0.00 | 0.00↑100.0% | -0.06↑73.0% | -0.23 | |
| Interest Expense | 0.00 | 0.00 | 0.00↓100.0% | 0.12↓19.8% | 0.15 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -6↑52.2% | -12↓525.0% | 3 | |
| Other Income / Expenses | 0.02↑211.0% | -0.02↓103.6% | 0.45↑69.4% | 0.27↑108.8% | -3 | |
| Income Before Tax | -2↑67.3% | -7↑53.0% | -14↑53.9% | -30↓32.7% | -23 | |
| Income Tax Expense | 0.00↓95.4% | 0.03 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -2↑67.4% | -7↑52.8% | -14↑53.9% | -30↓32.7% | -23 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -2↑69.2% | -6↑54.0% | -13↑58.2% | -30↓32.7% | -23 | |
| Bottom-Line Net Income | -2↑69.2% | -6↑54.0% | -13↑58.2% | -30↓32.7% | -23 | |
| EPS (Basic) | -0.37↑83.3% | -2.21↑84.0% | -13.84↑94.7% | -259.18↑15.9% | -308.16 | |
| EPS (Diluted) | -0.37↑83.3% | -2.21↑84.0% | -13.84↑94.7% | -259.18↑15.9% | -308.16 | |
| Weighted Average Shares | 5↑86.5% | 3↑188.0% | 0.91↑779.5% | 0.10↑74.3% | 0.06 | |
| Weighted Average Diluted Shares | 5↑86.5% | 3↑188.0% | 0.91↑779.5% | 0.10↑74.3% | 0.06 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.