Financial Snapshot

Revenue
$344.6K
TTM
Gross Margin
37.01%
TTM
Net Earnings
-$15.08M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
5555.52%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
-$7.684M
Q2 2024
Book Value
$9.515M
Q2 2024
Cash
Q2 2024
P/E
-0.2993
Nov 11, 2024 EST
Free Cash Flow
-$2.020M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $271.2K $1.109M $768.7K $1.860M $660.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $840.0K $380.0K $270.0K $0.00 $0.00 $0.00 $0.00 $50.00K $30.00K $0.00 $0.00
YoY Change -75.54% 44.26% -58.67% 181.82% -100.0% -98.81% 121.05% 40.74% -100.0% 66.67%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $271.2K $1.109M $768.7K $1.860M $660.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $840.0K $380.0K $270.0K $0.00 $0.00 $0.00 $0.00 $50.00K $30.00K $0.00 $0.00
Cost Of Revenue $103.1K $617.0K $0.00 $0.00 $0.00 $10.00K $360.0K $290.0K $60.00K $0.00
Gross Profit $168.1K $491.8K $1.860M $660.0K $0.00 $0.00 $480.0K $100.0K $210.0K $0.00
Gross Profit Margin 61.99% 44.35% 100.0% 100.0% 0.0% 57.14% 26.32% 77.78%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Selling, General & Admin $7.052M $11.63M $12.70M $7.860M $6.810M $6.030M $4.540M $3.420M $800.0K $260.0K $90.00K $220.0K $390.0K $800.0K $1.300M $7.070M $5.460M $1.550M $470.0K $510.0K $380.0K $350.0K $90.00K $40.00K $60.00K $0.00
YoY Change -39.36% -8.39% 61.52% 15.42% 12.94% 32.82% 32.75% 327.5% 207.69% 188.89% -59.09% -43.59% -51.25% -38.46% -81.61% 29.49% 252.26% 229.79% -7.84% 34.21% 8.57% 288.89% 125.0% -33.33%
% of Gross Profit 4195.21% 2364.77% 422.58% 1031.82% 1472.92% 5460.0% 738.1%
Research & Development $1.107M $2.406M $0.00 $20.00K $10.00K $0.00 $100.0K $0.00
YoY Change -53.98% -100.0% 100.0% -100.0%
% of Gross Profit 658.68% 489.23%
Depreciation & Amortization $2.468M $3.211M $2.345M $2.030M $2.860M $3.000M $2.420M $1.060M $0.00 $0.00 $0.00 $0.00 $40.00K $100.0K $250.0K $40.00K $0.00 $0.00 $0.00 $0.00
YoY Change -23.13% 36.89% 15.54% -29.02% -4.67% 23.97% 128.3% -100.0% -60.0% -60.0% 525.0%
% of Gross Profit 1468.29% 652.86% 109.14% 433.33% 20.83% 250.0% 19.05%
Operating Expenses $7.052M $14.84M $15.01M $9.890M $9.670M $9.030M $6.960M $4.480M $900.0K $260.0K $90.00K $220.0K $390.0K $890.0K $1.340M $7.170M $5.510M $1.570M $460.0K $510.0K $380.0K $350.0K $90.00K $40.00K $60.00K $0.00
YoY Change -52.48% -1.13% 51.77% 2.28% 7.09% 29.74% 55.36% 397.78% 246.15% 188.89% -59.09% -43.59% -56.18% -33.58% -81.31% 30.13% 250.96% 241.3% -9.8% 34.21% 8.57% 288.89% 125.0% -33.33%
Operating Profit -$6.884M -$22.67M -$8.030M -$9.010M -$9.030M -$1.340M -$6.690M -$5.410M -$1.360M -$460.0K
YoY Change -69.64% -10.88% -0.22% -79.97% 23.66% 297.79% 195.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Interest Expense $123.0K -$3.606M -$1.230M -$630.0K -$350.0K -$20.00K -$30.00K -$10.00K -$30.00K -$30.00K -$30.00K -$40.00K -$20.00K -$210.0K $540.0K $170.0K $80.00K $40.00K $20.00K $0.00 $10.00K
YoY Change -103.41% 193.21% 95.24% 80.0% 1650.0% -33.33% 200.0% -66.67% 0.0% 0.0% -25.0% 100.0% -90.48% -138.89% 217.65% 112.5% 100.0% 100.0% -100.0%
% of Operating Profit
Other Income/Expense, Net $340.2K $0.00 $0.00 -$20.00K $0.00 $0.00 $0.00 $0.00 $10.00K $0.00 $10.00K $0.00 $10.00K $0.00
YoY Change -100.0% -100.0% -100.0% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Pretax Income -$10.51M -$21.76M -$17.85M -$9.270M -$9.630M -$9.370M -$6.980M -$5.000M -$900.0K -$350.0K -$110.0K -$250.0K -$420.0K -$650.0K -$8.850M -$25.43M -$5.850M -$10.27M -$460.0K -$910.0K -$720.0K -$490.0K -$220.0K -$10.00K -$50.00K $0.00
YoY Change -51.7% 21.93% 92.53% -3.74% 2.77% 34.24% 39.6% 455.56% 157.14% 218.18% -56.0% -40.48% -35.38% -92.66% -65.2% 334.7% -43.04% 2132.61% -49.45% 26.39% 46.94% 122.73% 2100.0% -80.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$440.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$10.51M -$21.76M -$14.40M -$7.750M -$6.870M -$4.630M -$4.230M -$3.610M -$900.0K -$350.0K -$110.0K -$250.0K -$420.0K -$650.0K -$8.850M -$25.43M -$5.850M -$10.27M -$460.0K -$470.0K -$720.0K -$490.0K -$220.0K -$10.00K -$50.00K $0.00
YoY Change -51.7% 51.14% 85.79% 12.81% 48.38% 9.46% 17.17% 301.11% 157.14% 218.18% -56.0% -40.48% -35.38% -92.66% -65.2% 334.7% -43.04% 2132.61% -2.13% -34.72% 46.94% 122.73% 2100.0% -80.0%
Net Earnings / Revenue -3876.59% -1962.62% -1873.29% -416.67% -1040.91% -88500.0% -3027.38% -1539.47% -3803.7% -440.0% -33.33%
Basic Earnings Per Share -$10.44 -$192.90
Diluted Earnings Per Share -$11.52 -$13.11 -$1.007M -$797.3K -$977.2K -$857.4K -$927.6K -$1.114M -$434.8K -$443.0K -$203.7K -$463.0K -$1.024M -$1.667M -$22.69M -$65.21M -$19.50M -$73.36M -$6.571M -$11.75M -$24.00M -$24.50M -$11.00M -$500.0K -$2.500M $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Cash & Short-Term Investments $4.689M $1.179M $1.678M $2.970M $100.0K $30.00K $230.0K $1.210M $20.00K $0.00 $0.00 $0.00 $0.00 $110.0K $270.0K $460.0K $5.140M $1.210M $430.0K $320.0K $300.0K $240.0K $30.00K $0.00 $20.00K $0.00
YoY Change 297.76% -29.75% -43.5% 2870.0% 233.33% -86.96% -80.99% 5950.0% -100.0% -59.26% -41.3% -91.05% 324.79% 181.4% 34.38% 6.67% 25.0% 700.0% -100.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $160.5K $223.2K $552.7K $540.0K $30.00K $60.00K $30.00K $40.00K $10.00K $10.00K $0.00 $0.00 $20.00K $50.00K $80.00K $510.0K $470.0K $0.00 $0.00 $110.0K
YoY Change -28.11% -59.61% 2.36% 1700.0% -50.0% 100.0% -25.0% 300.0% 0.0% -100.0% -60.0% -37.5% -84.31% 8.51% -100.0%
Inventory $0.00 $10.00K $20.00K $0.00
Prepaid Expenses
Receivables $8.680K $46.59K $90.81K $600.0K $40.00K $0.00 $10.00K $10.00K $10.00K $10.00K $0.00 $0.00 $10.00K $10.00K $440.0K $480.0K $1.140M $1.130M $590.0K $390.0K $150.0K $10.00K $0.00 $10.00K $0.00 $0.00
Other Receivables $9.540K $14.16K $32.81K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $4.868M $1.463M $2.355M $4.110M $170.0K $100.0K $270.0K $1.250M $40.00K $10.00K $0.00 $0.00 $10.00K $130.0K $750.0K $1.020M $6.820M $2.810M $1.020M $700.0K $560.0K $250.0K $30.00K $10.00K $20.00K $0.00
YoY Change 232.76% -37.87% -42.71% 2317.65% 70.0% -62.96% -78.4% 3025.0% 300.0% -100.0% -92.31% -82.67% -26.47% -85.04% 142.7% 175.49% 45.71% 25.0% 124.0% 733.33% 200.0% -50.0%
Property, Plant & Equipment $1.940K $172.8K $327.0K $630.0K $950.0K $60.00K $50.00K $30.00K $570.0K $150.0K $0.00 $0.00 $0.00 $8.680M $25.03M $3.490M $4.780M $2.490M $1.270M $760.0K $110.0K $160.0K $130.0K $70.00K
YoY Change -98.88% -47.14% -48.1% -33.68% 1483.33% 20.0% 66.67% -94.74% 280.0% -100.0% -65.32% 617.19% -26.99% 91.97% 96.06% 67.11% 590.91% -31.25% 23.08% 85.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.680K $108.5K $109.1K $140.0K $140.0K $150.0K $140.0K $10.00K $350.0K $0.00 $40.00K $40.00K $40.00K $40.00K $40.00K $40.00K $40.00K $40.00K $40.00K
YoY Change -92.0% -0.53% -22.09% 0.0% -6.67% 7.14% 1300.0% -97.14% -100.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Total Long-Term Assets $10.62K $7.340M $16.19M $3.020M $3.870M $3.580M $4.730M $5.410M $920.0K $160.0K $0.00 $0.00 $0.00 $0.00 $160.0K $8.680M $25.03M $3.520M $4.820M $2.520M $1.300M $790.0K $150.0K $190.0K $170.0K $100.0K
YoY Change -99.86% -54.66% 436.07% -21.96% 8.1% -24.31% -12.57% 488.04% 475.0% -100.0% -98.16% -65.32% 611.08% -26.97% 91.27% 93.85% 64.56% 426.67% -21.05% 11.76% 70.0%
Total Assets $4.878M $8.803M $18.54M $7.130M $4.040M $3.680M $5.000M $6.660M $960.0K $170.0K $0.00 $0.00 $10.00K $130.0K $910.0K $9.700M $31.85M $6.330M $5.840M $3.220M $1.860M $1.040M $180.0K $200.0K $190.0K $100.0K
YoY Change
Accounts Payable $82.58K $138.3K $386.0K $720.0K $980.0K $1.040M $480.0K $330.0K $190.0K $220.0K $250.0K $230.0K $90.00K $30.00K $410.0K $510.0K $1.560M $340.0K $50.00K $240.0K $30.00K $80.00K $80.00K $10.00K $0.00 $60.00K
YoY Change -40.28% -64.18% -46.38% -26.53% -5.77% 116.67% 45.45% 73.68% -13.64% -12.0% 8.7% 155.56% 200.0% -92.68% -19.61% -67.31% 358.82% 580.0% -79.17% 700.0% -62.5% 0.0% 700.0% -100.0%
Accrued Expenses $26.35K $79.11K $143.5K $460.0K
YoY Change -66.69% -44.87% -68.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $580.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $2.733M $2.347M $3.250M $330.0K $750.0K $20.00K $110.0K $310.0K $220.0K $120.0K $250.0K $0.00 $50.00K $30.00K $0.00 $0.00 $0.00 $0.00 $10.00K
YoY Change -100.0% 16.46% -27.78% 884.85% -81.82% -64.52% 40.91% 83.33% -52.0% -100.0% 66.67% -100.0%
Total Short-Term Liabilities $321.5K $3.325M $3.373M $5.140M $1.300M $1.040M $1.230M $330.0K $290.0K $330.0K $560.0K $450.0K $210.0K $280.0K $410.0K $530.0K $3.110M $970.0K $80.00K $240.0K $30.00K $80.00K $80.00K $10.00K $0.00 $70.00K
YoY Change -90.33% -1.43% -34.38% 295.38% 25.0% -15.45% 272.73% 13.79% -12.12% -41.07% 24.44% 114.29% -25.0% -31.71% -22.64% -82.96% 220.62% 1112.5% -66.67% 700.0% -62.5% 0.0% 700.0% -100.0%
Long-Term Debt $0.00 $0.00 $807.1K $3.470M $5.610M $3.480M $0.00 $0.00 $240.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $30.00K $20.00K $0.00 $0.00 $20.00K $20.00K $20.00K $10.00K $20.00K
YoY Change -100.0% -76.74% -38.15% 61.21% -100.0% -100.0% 50.0% -100.0% 0.0% 0.0% 100.0% -50.0%
Other Long-Term Liabilities $0.00 $361.1K $0.00 $0.00 $20.00K $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $0.00 $0.00 $1.168M $3.470M $5.610M $3.480M $0.00 $0.00 $240.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.00K $30.00K $20.00K $0.00 $0.00 $20.00K $20.00K $20.00K $10.00K $20.00K
YoY Change -100.0% -66.34% -38.15% 61.21% -100.0% -100.0% -33.33% 50.0% -100.0% 0.0% 0.0% 100.0% -50.0%
Total Liabilities -$7.066M -$3.059M -$4.081M $1.060M $890.0K -$1.380M $80.00K $1.940M $520.0K $330.0K $560.0K $450.0K $210.0K $280.0K $410.0K $530.0K $3.130M $1.000M $100.0K $240.0K $30.00K $100.0K $100.0K $20.00K $20.00K $90.00K
YoY Change 131.03% -25.05% -484.96% 19.1% -164.49% -1825.0% -95.88% 273.08% 57.58% -41.07% 24.44% 114.29% -25.0% -31.71% -22.64% -83.07% 213.0% 900.0% -58.33% 700.0% -70.0% 0.0% 400.0% 0.0% -77.78%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.5148 Million

About Versus Systems Inc.

Versus Systems, Inc. engages in the development of business-to-business video game support software. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2001-09-21. The firm offers a suite of business-to-business software tools that drive user engagement through gamification, interactivity, and rewards. These tools allow its partners to offer in-game prizing and rewards, including merchandise, coupons, digital goods, and sweepstakes entries - inside their websites, their venues, or their streaming media content. The firm's customers, such as sports teams, venues, and advertising agencies, use its products, including Winfinite, XEO, and its suite of skill-based games as part of their live events or as part of an advertising campaign. End users of its products earn prizes by registering on its system and completing in-content challenges, such as trivia, polls, or casual, skill-based mobile games. Players can use its system to play a variety of games and earn a range of prize types, including coupons, sweepstakes-style prizes, consumer packaged goods downloadable content or web3 prizing.

Industry: Services-Computer Processing & Data Preparation Peers: