Complete Filing Data
Versus Systems Inc. reported Profit Loss of -$4.57 million for FY2024.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Versus Systems Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Net Income * | -$4.0M | -$9.5M | -$22.5M | -$17.8M | -$6.9M | -$7.3M | -$9.4M |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | $70.4K | $93.3K | $155.0K | ||||
| Selling General And Administrative Expense | $4.3M | $5.9M | $11.8M | ||||
| Research And Development Expense | $246.0K | $1.1M | $2.4M | ||||
| Operating Income Loss | -$4.5M | -$10.9M | -$22.7M | ||||
| Operating Expenses | $4.6M | $11.0M | $23.2M | ||||
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$4.6M | -$10.5M | -$22.5M | ||||
| Comprehensive Income Net Of Tax | -$4.0M | -$9.4M | -$20.2M | ||||
| Gross Profit | $17.0K | $168.1K | $491.8K | ||||
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$4.5M | -$10.4M | |||||
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | -$532.5K | -$985.2K | -$2.1M | ||||
| Revenues | $57.3K | $271.2K | $1.1M | ||||
| Cost Of Revenue | $40.3K | $103.1K | $617.0K | $170.00 | |||
| Other Comprehensive Income Loss Net Of Tax | $70.4K | $93.3K | -$22.3M | ||||
| Revenue | $57.3K | $271.2K | $1.1M | ||||
| Interest Expense | $123.0K | $153.4K | $234.1K | $248.5K | $77.7K | ||
| General And Administrative Expense | $1.0M | $557.6K | $255.9K | $320.3K | $854.2K | ||
| Amortization Of Intangible Asset | $2.9M | $2.0M | $1.3M | $1.9M | $3.0M | ||
| Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax | -$21.6M | -$17.8M | -$7.4M | -$7.5M | |||
| Sales And Marketing Expense | $144.1K | $879.7K | $486.2K | $593.5K | |||
| Other Comprehensive Income Net Of Tax Exchange Differences On Translation | -$19.5M | -$14.4M | -$5.9M | -$5.5M | |||
| Comprehensive Income From Continuing Operations Attributable To Noncontrolling Interests | -$21.6M | -$17.8M | -$7.4M | -$7.5M | |||
| Other Comprehensive Income Before Tax | -$21.8M | -$7.3M | -$6.9M | -$7.3M | |||
| Nonoperating Income Expense | -$11.4K | -$13.9K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$537.8K | $672.3K | -$961.7K | -$560.9K | -$1.3M | -$1.3M | -$1.4M | -$2.3M | -$1.3M |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | $1.3K | -$117.6K | -$7.8K | -$52.8K | $121.2K | $39.7K | -$4.8K | $18.8K | |
| Selling General And Administrative Expense | $741.9K | $1.0M | $1.4M | $521.4K | $1.4M | $1.5M | $1.6M | $1.6M | |
| Research And Development Expense | $14.5K | $6.2K | $6.1K | $11.5K | $67.2K | $39.4K | $272.1K | $717.7K | |
| Operating Income Loss | -$756.4K | $938.8K | -$1.2M | -$529.0K | -$1.5M | -$1.5M | -$1.9M | -$2.3M | |
| Operating Expenses | $756.4K | $1.0M | $1.4M | $532.9K | $1.5M | $1.5M | $1.9M | $2.3M | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$756.4K | $942.5K | -$1.2M | -$529.0K | -$1.5M | -$1.5M | -$1.5M | -$2.3M | |
| Comprehensive Income Net Of Tax | -$536.5K | $554.8K | -$969.5K | -$613.7K | -$1.2M | -$1.3M | -$1.3M | -$2.0M | |
| Gross Profit | $2.0M | $191.1K | $3.8K | $10.7K | $2.5K | -$620.00 | $32.5K | ||
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$756.7K | $824.9K | -$1.2M | -$581.8K | -$1.4M | -$1.5M | -$1.5M | -$2.3M | |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | -$220.2K | $270.1K | -$194.7K | $31.9K | -$156.2K | -$173.3K | -$216.0K | -$268.9K | |
| Revenues | $199.3K | $3.8K | $26.9K | $26.5K | $23.0K | $56.1K | |||
| Cost Of Revenue | $8.2K | $8.2K | $16.2K | $24.0K | $23.6K | $23.6K | |||
| Other Comprehensive Income Loss Net Of Tax | -$52.8K | $121.2K | -$4.8K | $18.8K | |||||
| Revenue | $199.3K | $3.8K | $26.9K | $26.5K | $23.0K | $56.1K | |||
| Interest Expense | |||||||||
| General And Administrative Expense | |||||||||
| Amortization Of Intangible Asset | |||||||||
| Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax | |||||||||
| Sales And Marketing Expense | |||||||||
| Other Comprehensive Income Net Of Tax Exchange Differences On Translation | |||||||||
| Comprehensive Income From Continuing Operations Attributable To Noncontrolling Interests | |||||||||
| Other Comprehensive Income Before Tax | |||||||||
| Nonoperating Income Expense | $3.7K | $16.3K | $73.00 | -$74.00 | -$247.00 | $354.1K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $11.9M | $11.1M | $14.0M | ||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $1.2M | $1.7M | |||||
| Assets | $4.9M | $8.1M | $18.5M | $5.5M | $3.1M | ||
| Equity | $11.9M | $4.7M | $14.0M | ||||
| Cash And Cash Equivalents | $1.2M | $1.7M | $2.3M | $76.4K | $24.9K | $230.7K | |
| Retained Earnings Accumulated Deficit | -$135.4M | -$125.9M | |||||
| Minority Interest | -$7.4M | -$6.4M | |||||
| Liabilities Current | $321.5K | $3.3M | |||||
| Liabilities And Stockholders Equity | $4.9M | $8.1M | |||||
| Assets Current | $4.9M | $1.5M | |||||
| Additional Paid In Capital Common Stock | $147.1M | $136.9M | |||||
| Accounts Payable And Accrued Liabilities Current | $286.4K | $522.0K | |||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | $248.3K | $155.0K | |||||
| Property Plant And Equipment Net | $1.9K | ||||||
| Receivables Net Current | $18.2K | $60.7K | |||||
| Property Plant And Equipment | $172.8K | $326.9K | $481.9K | $730.6K | $59.1K | ||
| Cash Flows From Used In Operating Activities | -$9.2M | -$12.9M | -$4.2M | -$4.1M | -$5.1M | ||
| Cash Flows From Used In Investing Activities | -$2.5M | -$2.5M | -$944.9K | -$1.5M | -$1.8M | ||
| Cash Flows From Used In Financing Activities | $11.2M | $14.8M | $7.4M | $5.6M | $6.7M | ||
| Adjustments For Increase Decrease In Trade And Other Payables | -$310.4K | -$1.2M | $381.9K | -$8.3K | $478.2K | ||
| Adjustments For Decrease Increase In Other Operating Receivables | $62.9K | $379.0K | -$430.7K | -$30.7K | $5.5K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $11.1M | $11.7M | $10.8M | $11.4M | $8.9M | $9.5M | $10.7M | $4.6M | $5.1M | $6.4M | $8.6M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $1.4M | $1.7M | $2.3M | $3.1M | $471.2K | $905.9K | $2.9M | $4.7M | $2.2M | $3.2M | $5.3M | |
| Assets | $3.1M | $3.8M | $2.7M | $3.5M | $1.2M | $1.8M | $3.4M | |||||
| Equity | $3.1M | $11.7M | $10.8M | $11.4M | $8.9M | $1.8M | $10.7M | $4.6M | $5.1M | $6.4M | $8.6M | |
| Cash And Cash Equivalents | ||||||||||||
| Retained Earnings Accumulated Deficit | -$140.3M | -$139.8M | -$140.4M | -$139.5M | -$138.7M | -$138.1M | -$136.8M | |||||
| Minority Interest | -$8.1M | -$7.8M | -$8.1M | -$7.9M | -$7.7M | -$7.7M | -$7.6M | |||||
| Liabilities Current | $2.5K | $34.2K | $2.1K | $26.3K | $26.9K | $32.9K | $179.0K | |||||
| Liabilities And Stockholders Equity | $3.1M | $3.8M | $2.7M | $3.5M | $1.2M | $1.8M | $3.4M | |||||
| Assets Current | $2.8M | $3.8M | $2.7M | $3.5M | $1.2M | $1.8M | $3.3M | |||||
| Additional Paid In Capital Common Stock | $151.0M | $151.0M | $151.0M | $150.6M | $147.3M | $147.3M | $147.3M | |||||
| Accounts Payable And Accrued Liabilities Current | $2.5K | $34.2K | $2.1K | $26.3K | $25.8K | $23.6K | $163.5K | |||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | $442.6K | $444.0K | $326.4K | $318.7K | $276.9K | $329.8K | $208.6K | |||||
| Property Plant And Equipment Net | $878.00 | $1.2K | $18.5K | $114.8K | $94.0K | |||||||
| Receivables Net Current | $754.00 | $10.3K | $12.7K | |||||||||
| Property Plant And Equipment | ||||||||||||
| Cash Flows From Used In Operating Activities | ||||||||||||
| Cash Flows From Used In Investing Activities | ||||||||||||
| Cash Flows From Used In Financing Activities | ||||||||||||
| Adjustments For Increase Decrease In Trade And Other Payables | ||||||||||||
| Adjustments For Decrease Increase In Other Operating Receivables |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition | $160.9K | -$1.5M | $1.6M | ||||
| Share Based Compensation | $160.9K | -$1.5M | $1.6M | ||||
| Net Cash Provided By Used In Operating Activities | -$5.0M | -$5.6M | -$9.2M | ||||
| Increase Decrease In Accounts Payable And Accrued Liabilities | -$260.1K | -$239.1K | -$61.1K | ||||
| Payments For Development Project Expenditure | $2.5M | $2.4M | $1.1M | $1.5M | $1.8M | ||
| Increase Decrease In Prepaid Expense | |||||||
| Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes | -$499.3K | -$605.1K | $2.2M | $51.5K | -$196.7K | ||
| Net Cash Provided By Used In Investing Activities | -$14.5K | -$2.5M | |||||
| Net Cash Provided By Used In Financing Activities | $3.3M | $9.0M | $11.2M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|
| Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition | $21.5K | $21.5K | $366.0K | $160.9K | $1.9K | $90.9K | -$1.2M |
| Share Based Compensation | $366.0K | $160.9K | -$1.2M | ||||
| Net Cash Provided By Used In Operating Activities | -$641.4K | -$1.8M | -$2.3M | ||||
| Increase Decrease In Accounts Payable And Accrued Liabilities | -$24.2K | -$122.9K | -$259.7K | ||||
| Payments For Development Project Expenditure | |||||||
| Increase Decrease In Prepaid Expense | -$173.3K | $280.2K | $179.1K | ||||
| Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes | |||||||
| Net Cash Provided By Used In Investing Activities | -$8.6K | ||||||
| Net Cash Provided By Used In Financing Activities | $6.4M |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Earnings Per Share Basic | $-1.54 | $-10.44 | $-192.89 | ||||
| Earnings Per Share Diluted | $-1.54 | $-10.44 | $-192.89 | ||||
| Weighted Average Number Of Shares Outstanding Basic | 2.6M | 912.7K | |||||
| Weighted Average Number Of Diluted Shares Outstanding | 2.6M | 912.7K | |||||
| Weighted Average Shares | 1.7M | 952.8K | 648.3K | 7.0M | 5.4M | ||
| Basic Earnings Loss Per Share | $-11.63 | $-15.11 | $-8.85 | $-0.74 | $-0.86 | ||
| Common Stock Shares Issued | 2.5M | 260.8K | |||||
| Diluted Earnings Loss Per Share | $-11.63 | $-15.11 | $-8.85 | ||||
| Common Stock Shares Outstanding | 2.5M | 260.8K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share Basic | $-0.11 | $0.14 | $-0.20 | $-0.22 | $-0.54 | $-0.51 | $-1.99 | $-3.05 | |
| Earnings Per Share Diluted | $0.14 | $-0.20 | $-0.22 | $-0.54 | $-0.51 | $-1.99 | $-3.05 | ||
| Weighted Average Number Of Shares Outstanding Basic | 4.9M | 4.9M | 4.9M | 2.5M | 2.5M | 2.5M | 669.6K | 669.6K | |
| Weighted Average Number Of Diluted Shares Outstanding | 4.9M | 4.9M | 4.9M | 2.5M | 2.5M | 2.5M | 669.6K | 669.6K | |
| Weighted Average Shares | |||||||||
| Basic Earnings Loss Per Share | |||||||||
| Common Stock Shares Issued | 4.9M | 4.9M | 4.9M | 4.9M | 2.5M | ||||
| Diluted Earnings Loss Per Share | |||||||||
| Common Stock Shares Outstanding | 4.9M | 4.9M | 4.9M | 4.9M | 2.5M |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Cumulative Translation Adjustment Net Of Tax Period Increase Decrease | -$70.4K | -$93.3K | |||||
| Prepaid Expense Current | $160.5K | $223.2K | |||||
| Wages And Salaries | $5.9M | $5.2M | $2.6M | $2.5M | $2.1M | ||
| Total Operating Expense | -$22.1M | -$15.5M | -$6.2M | -$7.1M | -$9.2M | ||
| Software Delivery Costs | $1.1M | $615.1K | $257.9K | $184.4K | $451.4K | ||
| Professional Fees Expense | $1.0M | $2.7M | $780.5K | $335.9K | $622.0K | ||
| Increase Decrease Through Sharebased Payment Transactions | $1.6M | $2.1M | $1.0M | $632.5K | |||
| Consulting Fees Note11 | $861.9K | $583.0K | $465.3K | $613.6K | $1.2M | ||
| Adjustments For Sharebased Payments | $1.6M | $2.1M | $1.0M | $632.5K | $651.3K | ||
| Noncontrolling Interestin Dollars | -$2.1M | -$3.4M | -$1.5M | -$2.0M | |||
| Foreign Exchanges Loss | -$46.0K | $1.1M | $24.7K | $29.2K | |||
| Amortization Of Equipment | $273.3K | $304.9K | $240.8K | $246.6K | |||
| Finance Expense | $0.00 | $60.8K | $225.2K | $276.6K | $194.0K | ||
| Repayments Of Borrowings Classified As Financing Activities | $63.8K | $462.2K | $258.7K | $968.6K | |||
| Finance Expense1 | $60.8K | $225.2K | $276.6K | $194.0K | |||
| Amortisation Expense | $2.9M | $2.0M | $1.3M | $1.9M | $29.6K | ||
| Adjustments For Depreciation And Amortisation Expense | $273.3K | $335.7K | $258.8K | $21.5K | $29.6K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cumulative Translation Adjustment Net Of Tax Period Increase Decrease | -$1.3K | $117.6K | $7.8K | -$52.8K | $121.2K | -$39.7K | $4.8K | -$18.8K | -$9.3K | |
| Prepaid Expense Current | $201.0K | $180.0K | $296.4K | $469.6K | $770.9K | $913.7K | $440.7K | |||
| Wages And Salaries | ||||||||||
| Total Operating Expense | ||||||||||
| Software Delivery Costs | ||||||||||
| Professional Fees Expense | ||||||||||
| Increase Decrease Through Sharebased Payment Transactions | ||||||||||
| Consulting Fees Note11 | ||||||||||
| Adjustments For Sharebased Payments | ||||||||||
| Noncontrolling Interestin Dollars | ||||||||||
| Foreign Exchanges Loss | ||||||||||
| Amortization Of Equipment | ||||||||||
| Finance Expense | ||||||||||
| Repayments Of Borrowings Classified As Financing Activities | ||||||||||
| Finance Expense1 | ||||||||||
| Amortisation Expense | ||||||||||
| Adjustments For Depreciation And Amortisation Expense |
Most recent annual filing with the SEC: March 31, 2025
Data sourced from SEC EDGAR public filings as of August 6, 2026.