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Versus Systems Inc.

$1.30 ▼ -0.06 (-4.41%) at close

7 Visible periods

27 Metrics

Peer-ranked Benchmarks

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Health

Poor

Bearish

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Analytical Summary

Versus Systems Inc. faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $6.4M

Dividend Yield —

Revenue Growth 3711.3% ↗

Op. Margin -99.0%

ROIC -21.2% ↗

FCF / Share $-0.42 ↗

Trailing P/E —

Price / Book 0.6x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

7-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$2.18M

↑ +3711.3% —

Net Income Profit after all expenses

$-1.79M

↑ +55.7% —

FCF / Share Free cash flow per share

$-0.42

↑ +77.9% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability

Returns ↑

Cash Quality ↑

Financial view

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Annual Quarterly

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📈 Is growth accelerating? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗
Revenue Growth YoY (%)	3711.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+30827%)	-78.9% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-757%)	-75.5% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-730%)	—	—	—	—
EPS Growth YoY (%)	76.0% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	85.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	94.6% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	55.7% Excellent ↑ Excellent Improving Year-over-year change in net income	57.6% Excellent ↑ Excellent Improving Year-over-year change in net income	57.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-25.9% Weak ↑ Weak Improving Year-over-year change in net income	-158.3% Weak Weak Year-over-year change in net income	4.8% Caution Caution Year-over-year change in net income	—
FCF Growth YoY (%)	77.9% Excellent Excellent Year-over-year change in free cash flow	69.1% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—
Revenue CAGR 3Y (%)	25.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗
Operating Margin (%) (%)	-99.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-595%)	—	—	—	—	—	—
Effective Tax Rate (%) (%)	-0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.5% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—
Profit Margin (%) (%)	-82.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-647%)	—	—	—	—	—	—
FCF Margin (%) (%)	-94.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—
FCF / Net Income (x)	1.15x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.23x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.59x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.41x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗
Return on Invested Capital (%)	-21.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-39.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-71.8% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-160.8% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	—
Return on Capital (%) (%)	-104.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-128.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-222.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	-281.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—
Return on Common Equity (%) (%)	-17.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-195%)	-35.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-291%)	-79.8% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-531%)	-201.8% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1191%)	—	—	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗
Interest Coverage (x)	—	-255.08x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—
Net Debt (USD)	$-527.39K	$-3.07M	$-4.69M	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗
Revenue per Share (USD)	$0.45	$0.02	$0.30	—	—	—	—
Basic EPS, GAAP (USD)	$-0.37	$-1.54	$-10.44	$-192.89	—	—	—
Free Cash Flow per Share (USD)	$-0.42	$-1.89	$-6.12	—	—	—	—
Book Value per Share (USD)	$2.08	$2.33	$4.77	$42.71	—	—	—
Tangible Book Value per Share (USD)	$1.95	$2.33	$4.77	$18.19	—	—	—
Basic Weighted Avg Shares (shares)	4.90M	2.63M	912,717	—	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗
Working Capital (USD)	$1.31M	$3.51M	$4.55M	$-1.86M	—	—	—
Total Equity (USD)	$10.19M	$11.43M	$11.94M	$11.14M	—	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗
Sales/Revenue/Turnover (USD)	$2.18M	$57.29K	$271.17K	$1.11M	—	—	—
Depreciation Expense (USD)	—	$1.69K	$23.57K	—	—	—	—
Net Income, GAAP (USD)	$-1.79M	$-4.04M	$-9.53M	$-22.47M	$-17.85M	$-6.91M	$-7.26M
Operating Cash Flow (USD)	$-2.05M	$-4.97M	$-5.58M	$-9.15M	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 7 years · 17 quarters

Versus Systems Inc.

Analytical Summary

7-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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