Invezz

Versus Systems (VS)

Nasdaq Market Closed

Versus Systems Inc. is a technology company that develops tools for adding interactive rewards, promotions, and prizing features to digital and live experiences. Its core platform is designed to let content owners, game developers, broadcasters, event organizers, and brands offer real-world incentives to audiences as part of entertainment, marketing, and customer engagement campaigns.

The company’s technology is aimed at a market where media companies and advertisers compete for attention across games, streaming content, live events, mobile apps, and connected venues. By embedding prizes, sweepstakes, trivia, challenges, or other promotional mechanics into those environments, Versus Systems helps partners encourage participation rather than relying only on passive viewing or standard advertising formats. The approach can also give brands a way to connect campaigns to measurable user actions.

Versus Systems operates primarily in North America, with activities in the United States and Canada. Its business sits at the intersection of advertising technology, fan engagement, gaming, and experiential marketing. The company’s proposition is especially relevant for organizations looking to turn audiences into active participants, whether through second-screen experiences, in-game promotions, loyalty-style activations, or sponsor-supported contests.

As a listed micro-cap technology company, Versus Systems is typically viewed by investors as an early-stage, high-risk business tied to the broader demand for interactive media and performance-based marketing tools. Its prospects depend on its ability to secure commercial partnerships, scale usage of its platform, and demonstrate that prize-based engagement can deliver value for publishers, venues, agencies, and consumer brands.

1.62 USD
1.52 USD
+0.16 (+10.96%)
Pre-market

Last updated

Market Cap
$10,064,487
P/E
P/FCF
P/S
5.03
Enterprise Value
$9,641,584
Sector
Information Technology
Industry
Data Processing & Outsourced Services
Address
#302-1620, VANCOUVER
Market Cap
$10,064,487
Enterprise Value
$9,641,584
P/E
P/B
1.05
P/S
5.03
EV / EBITDA
-5.33
EV / Sales
4.82
EPS
-0.24
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
-15.75%
ROA
-91.24%
Debt / Equity
0
Current Ratio
1.57
Quick Ratio
1.57
Cash
0.92
Avg Volume
$61,647
Fundamentals Snapshot Price
1.62

Income Statement

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Revenue 2.18M 57.29K 271.17K 1.11M 768.65K
Cost of revenue 16.45K 40.28K 103.07K 617.05K 0
Gross profit 2.17M 17.01K 168.1K 491.79K 768.65K
Operating income -2.16M -4.54M -10.5M -22.67M -14.24M
EBITDA -2.16M -4.54M -4.06M -10.72M -12.23M
Net income -1.79M -4.04M -9.53M -20.17M -14.4M
Income taxes 1.6K 24.23K
Interest expense 13.89K -378.62K
Other operating expenses 0 0 3.97M 8.92M 615.12K
Total operating expenses 4.33M 4.56M 10.67M 23.16M 15.01M
Basic EPS -0.37 -1.54 -10.44 -194.39 -241.76
Diluted EPS -0.37 -1.54 -10.44 -194.39 -241.76

Balance Sheet

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Total assets 2.06M 3.54M 4.88M 8.06M 18.54M
Total liabilities 142.76K 26.29K 321.48K 3.32M 4.54M
Total equity 1.92M 3.51M 4.56M 4.73M 14M
Cash & equivalents 527.39K 3.07M 4.69M 1.18M 1.68M
Current assets 1.45M 3.54M 4.87M 1.46M 2.35M
Current liabilities 142.76K 26.29K 321.48K 3.32M 3.37M
Accounts payable 142.76K 26.29K 286.43K 522.01K 832.4K
Receivables 836K 0 18.22K 60.75K 123.62K
Goodwill 6.58M

Cash Flow

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Operating cash flow -2.05M -4.97M -5.58M -9.15M -12.89M
Investing cash flow -609K -14.51K -2.54M -2.51M
Financing cash flow 3.28M 9.05M 11.19M 14.8M
Change in cash -2.54M -1.62M 3.51M -499.31K -605.11K
Net income -2.14M -4.57M -10.51M -22.47M -17.85M
Kind Filing Date Link
edgar index 8-K — Versus Systems Inc. View Filing
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edgar index 8-K — Versus Systems Inc. View Filing
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edgar index DEF 14A — Versus Systems Inc. View Filing
edgar index 10-Q — Versus Systems Inc. View Filing
edgar index 10-K — Versus Systems Inc. View Filing
ten k section 10-K — business View Filing
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ten k section 10-K — risk_factors View Filing
edgar index 8-K — Versus Systems Inc. View Filing
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edgar index 424B3 — Versus Systems Inc. View Filing
edgar index 8-K — Versus Systems Inc. View Filing
edgar index EFFECT — Versus Systems Inc. View Filing
edgar index POS AM — Versus Systems Inc. View Filing
edgar index SC 13G/A — Versus Systems Inc. View Filing
edgar index 10-Q — Versus Systems Inc. View Filing
edgar index POS AM — Versus Systems Inc. View Filing
edgar index POS AM — Versus Systems Inc. View Filing
edgar index 8-K — Versus Systems Inc. View Filing
edgar index D — Versus Systems Inc. View Filing
edgar index 8-K — Versus Systems Inc. View Filing
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form 3 Form 3 — WOLFE CURTIS ANDREW View Filing
edgar index 8-K — Versus Systems Inc. View Filing
edgar index 10-Q — Versus Systems Inc. View Filing
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form 3 Form 3 — Deller Geoff View Filing
edgar index 8-K — Versus Systems Inc. View Filing
edgar index 8-K — Versus Systems Inc. View Filing
edgar index 10-Q — Versus Systems Inc. View Filing
edgar index 424B3 — Versus Systems Inc. View Filing
edgar index EFFECT — Versus Systems Inc. View Filing
edgar index CORRESP — Versus Systems Inc. View Filing
edgar index S-4/A — Versus Systems Inc. View Filing
edgar index S-4/A — Versus Systems Inc. View Filing
edgar index 10-K — Versus Systems Inc. View Filing
ten k section 10-K — business View Filing
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edgar index 3 — Versus Systems Inc. View Filing
edgar index 3 — Versus Systems Inc. View Filing
edgar index 3 — Versus Systems Inc. View Filing
edgar index 3 — Versus Systems Inc. View Filing
edgar index 3 — Versus Systems Inc. View Filing
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