Versus Systems Inc.

Versus Systems Inc.

VS
Versus Systems Inc.US flagNASDAQ Capital Market
1.53
USD
-0.16
- -
7.50MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
0.05
17.1
34.31
12.91
10.69
0.3
0.02
- -
0.41
Basic EPS, GAAP
-47.29
-90.44
-74.76
-157.81
-169.47
-151.18
-247.66
-170.56
-299.71
-216.56
-10.44
-1.54
- -
-0.31
Free Cash Flow per Basic Share
-27.31
-117.65
-77.59
-96.36
-190.55
-225.83
-190.91
-131.39
-257.26
-112.65
-6.14
-1.89
- -
-0.39
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-33,724.02
-21,347.74
-6,888.25
-3,761.44
-80.21
-104.85
-209.99
-111.59
155.49
105.82
12.81
4.23
- -
-1.61
Tangible Book Value per Share
-231.72
-42.66
36.39
42.37
-30.54
-137.31
-148.5
-70.97
-29.39
-15.99
4.99
1.34
- -
0.05
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
3
- -
5
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
1
1
1
1
- -
- -
2
2
Operating Margin (%)
- -
- -
- -
- -
- -
-557,008.95
-1,353.79
-430.43
-1,852.78
-1,240.25
-2,408.07
-7,923.52
-98.99
-90.3
Depreciation Expense
- -
- -
- -
1
2
2
2
2
2
3
2
- -
- -
- -
Net Income, GAAP
- -
- -
-1
-3
-3
-3
-7
-7
-18
-22
-10
-4
-2
-2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
-285,893.64
-1,447.93
-497.19
-2,321.98
-2,026.73
-3,513.31
-7,056.16
-82.08
-75.63
Working Capital
-1
- -
- -
1
- -
-1
-1
-1
-1
-2
5
4
1
- -
LT Debt
- -
- -
- -
- -
1
3
4
3
1
- -
- -
- -
- -
- -
Total Equity
-1
- -
- -
5
3
-1
-2
-1
14
5
5
4
2
1
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-60.82
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-222.05
-84.02
-35.45
-17.18
-44.41

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
14
8
8

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3
1
1
Cash, Cash Equivalents & STI
1
1
- -
Accounts Receivable, Net
- -
1
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.3%
-293.67%
-45.34%
Free Cash Flow
36.94%
10.86%
-46.46%
Net Income, GAAP
46.48%
2.66%
-55.67%
Sales/Revenue/Turnover
- -
711.29%
3,711.3%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
2
- -
- -
2
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.53
-0.54
-0.22
- -
-1.54
2025
-0.2
0.14
-0.11
- -
- -
2026
-0.14
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Luis Claudio Goldner
Full Time Employees
5
Sector
Technology
Industry
Software - Application
Address
1558 West Hastings Street Vancouver BC Canada V6C 3J4
IPO Date
Aug 13, 2012
Business
Versus Systems Inc. is a technology company specializing in interactive engagement and rewards platforms primarily for digital entertainment sectors including video games, live events, and professional sports. The company offers a suite of proprietary software products including the eXtreme Engagement Online (XEO) platform designed for stadiums and arenas; the Filter Fan Cam, an augmented reality tool for mobile and venue applications; and the Winfinite platform, an interactive advertising solution used by brands, advertisers, and content creators to drive customer engagement through gamification and real-world prize rewards. These platforms enable game publishers, broadcasters, sports teams, and marketers to integrate real-money and prize-based matches, interactive polling, trivia, and branded engagement features across North America and internationally. Versus Systems operates mainly on a SaaS model, licensing its technology with revenues stemming from platform access fees, prize campaign usage fees, and potential revenue-sharing agreements. Recent major developments include the acquisition of Xcite Interactive, a leader in second-screen engagement working with NFL, NBA, MLB, and NHL teams, which broadened Versus Systems’ footprint into live events and expanded its product offerings and market reach. In 2024 and 2025, Versus Systems entered strategic agreements with ASPIS Cyber Technologies, involving a $2.5 million investment and a technology license allowing ASPIS to use Versus Systems’ gamification and QR code technologies within the cybersecurity sector, improving the company’s financial position and supporting Nasdaq compliance efforts. The company also announced expansion into Brazil’s large gaming market with tailored offerings aimed at esports and mobile gaming sectors, reflecting a strategic geographic and market diversification. Leadership changes accompanying this period include the appointment of Luis Goldner as CEO, bringing extensive executive experience from international gaming and technology firms. Additionally, Versus Systems initiated a collaboration with Drinkfinger Enterprises to enhance global fan engagement technologies and partnered with LiftMedia to integrate its interactive engagement tools within Digital Out-of-Home advertising in the Iberian market. Founded in 2013 and headquartered in Vancouver, Canada, Versus Systems positions itself within the software application industry targeting interactive content creators, advertisers, and live event organizers across North America, Latin America, and other regions. The company focuses on enabling its clients to increase customer acquisition, engagement, and loyalty through innovative gamification and real-world prize incentives embedded in digital content and live experiences. Versus Systems maintains a strong emphasis on leveraging intellectual property related to in-game prizing and advertising and continues to explore strategic partnerships and acquisitions to drive growth in the digital engagement economy. The firm employees a small team and offers its platforms primarily through licensing agreements with professional sports teams, broadcasters, brands, and advertising agencies. This comprehensive product portfolio combined with recent capital investments, strategic acquisitions, and geographic expansions reflect Versus Systems’ active efforts to broaden its influence from video gaming into live event fan engagement and interactive advertising globally. The company remains a key player in the emerging market of audience engagement technology leveraging gamification, rewards, and augmented reality to transform fan and consumer experiences.

Company News

APIChat
  • LG ELECTRONICS ANNOUNCES NEW SOLUTIONS FOR AUTOMOTIVE INNOVATION PARTNERSHIP WITH GOOGLE

  • Versus Systems (NASDAQ:VS) and DoubleVerify (NYSE:DV) Head to Head Analysis

  • Versus Systems Inc. (NASDAQ:VS) Sees Significant Drop in Short Interest

  • Versus Systems Executes Definitive Agreement with Drinkfinger to Power Global Beverage Engagement Network

  • Versus Systems Executes Definitive Agreement with LiftMedia to Launch Interactive Digital Out-of-Home Engagement Platform Across Key European Markets

  • Versus Systems to Collaborate with LiftMedia to Launch Audience-Enhancing Digital Out-of-Home Experiences Across Key Markets

  • Versus Systems to Collaborate with Drinkfinger to Ignite Global Fan Experiences Across Sports and Entertainment

  • Versus Systems Inc. (VS) is a Great Momentum Stock: Should You Buy?

  • Versus Systems Expands into Brazil, One of the World's Largest Gaming Markets

  • Take the Zacks Approach to Beat the Markets: Versus Systems, Palantir Technologies, Walmart in Focus

  • Versus Systems Inc. Names Luis Goldner as Chief Executive Officer

  • Versus Systems Enters Agreements with ASPIS Cyber Technologies for Nasdaq Compliance Plan and to Strengthen Compliance and Technology Offerings

  • Versus Systems Receives NASDAQ Notification Regarding Minimum Stockholders' Equity Deficiency

  • Versus Systems Announces New Interim CFO

  • Versus Systems appoints Curtis Wolfe as interim CEO

  • Versus Systems Announces Strategic Restructuring, New Interim CEO, and Key Investor Engagement

  • Why Is Versus Systems (VS) Stock Up 25% Today?

  • Versus Systems Announces Cancellation of Special Meeting Scheduled for May 30, 2024

  • Versus Systems (VS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

  • Versus Systems to Participate in the 36th Annual ROTH Conference