Versus Systems Inc. VS

FY2025 · ended Dec 31, 2025 · Revenue $2.18M, +3711.3% YoY · Filed Apr 15, 2026

Versus Systems Inc. (VS) files with the SEC under industry code 7374, Services-Computer Processing & Data Preparation. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $2.2 million and a net loss of $1.8 million.

Revenue (TTM)
$2.18M
+7931.3% vs year-ago TTM
Net income (TTM)
$-1.71M
-3.2% vs year-ago TTM
Operating cash flow (TTM)
$-875,093
+66.4% vs year-ago TTM
Free cash flow
$-9.19M
EPS (TTM)
$-0.35
+20.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
4.90M
+0.0% vs prior year
Net cash
$1.05M
FY 2022
Operating margin
-98.5%
FY 2026

Company profile

Industry
Services-Computer Processing & Data Preparation (SIC 7374)
Listed as
VS (Nasdaq)
Fiscal year ends
December 31
Incorporated in
British Columbia, Canada
Headquarters
Vancouver
SEC filer status
, Emerging growth company
SEC CIK
1701963

Other Services-Computer Processing & Data Preparation companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$2.2M
$57,288
$271,169
$1.1M
$768,650
Operating income
-$2.2M
-$4.5M
-$10.9M
—
—
Net income
-$1.8M
-$4.0M
-$9.5M
—
—
Diluted EPS
-$0.37
-$1.54
-$10.44
—
—
Operating cash flow
-$2.1M
-$5.0M
-$5.6M
-$9.2M
-$12.9M
Free cash flow
—
—
—
-$9.2M
—
Total assets
$2.1M
$3.5M
$4.9M
$8.1M
$18.5M
Total liabilities
$142,759
$26,288
$321,476
—
—
Stockholders' equity
$10.2M
$11.4M
$11.9M
—
—
Cash and investments
$527,388
$3.1M
—
$1.2M
$1.7M
Total debt
—
—
$128,560
$128,560
$367,884

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Officer or director change
Sep 10, 2026 Sep 8, 2026
10-Q Quarterly report Aug 14, 2026 Jun 30, 2026
8-K Current report
Regulation FD disclosure
Jul 24, 2026 Jul 23, 2026
8-K Current report
Shareholder vote results
Jul 16, 2026 Jul 16, 2026
8-K Current report
Unregistered share sale
Jun 29, 2026 Jun 26, 2026
10-Q Quarterly report May 15, 2026 Mar 31, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.