marketcaparena
Search

    VS

    Versus Systems Inc.

    Company overview

    Market capitalization
    $6.46M
    Employees
    5
    Latest publication
    2026-09-29
    About Versus Systems Inc.

    Versus Systems Inc. provides a business-to-business software platform to drive user engagement through gamification and rewards. The company offers the eXtreme Engagement Online platform, which is designed primarily to increase audience and customer engagement at stadiums and arenas, conferences, theme parks, and restaurants; the Filter Fan Cam platform, an augmented reality filtering tool that can be used for mobile and venue applications; and Winfinite, an interactive advertising tool that allows content creators, marketers, agencies, and other advertisers to increase customer acquisition and loyalty through a combination of games and rewards. Versus Systems Inc. was incorporated in 1988 and is headquartered in Dover, Delaware.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · CAD
    Total Revenue6,821USD17,300USD4,067USD0USD2,697,611USD283,892USD1,202USD5,222CAD
    Gross Profit1,491,821USD17,300USD4,067USD0USD2,686,409USD272,182USD601USD5,222CAD
    Selling General Administrative897,548USD835,995USD1,153,789USD741,931USD1,026,758USD1,357,736USD1,267,181USD707,605CAD
    Total Operating Expenses897,548USD835,995USD1,175,016USD1,052,494USD1,407,358USD1,942,322USD1,451,173USD723,160CAD
    Operating Income594,273USD-818,695USD-1,170,949USD-1,052,494USD1,279,050USD-1,670,140USD-1,451,173USD-717,938CAD
    Total Other Income Expense Net0USD-2,430USD-1,771USD—4,986USD23,190USD-16,014USD99CAD
    Income Before Tax594,273USD-818,695USD-1,172,720USD-1,052,494USD1,284,037USD-1,646,950USD-1,467,188USD-717,839CAD
    Income Tax Expense0USD-672,335USD—2,220USD——34,839USD-528,951CAD
    Net Income594,273USD-683,200USD-964,939USD-748,342USD916,009USD-1,369,632USD-736,237USD-717,839CAD
    Minority Interest120,976USD135,495USD207,781USD220,182USD-270,126USD194,731USD—-31,920CAD
    Net Income Applicable To Common Shares473,297USD———————
    Cost Of Revenue—0USD0USD0USD11,201USD11,710USD601USD878CAD
    Research Development—21,227USD21,227USD14,470USD8,472USD8,756USD183,992USD15,555CAD
    Tax Provision—0USD0USD1,596USD0USD0USD24,226USD0CAD
    Net Income From Continuing Ops—-818,695USD-1,172,720USD-757,997USD942,461USD-1,156,477USD-1,044,460USD-528,951CAD
    Ebitda—-818,695USD—-1,054,975USD1,279,050USD-1,670,140USD-1,451,173USD-715,648CAD
    Reconciled Depreciation——0USD———0USD1,688CAD
    Ebit————938,801USD-1,172,761USD-1,020,234USD-717,938CAD
    Selling And Marketing Expenses——————601USD—
    Depreciation And Amortization——————-4USD2,290CAD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · CADFY 20222022-12-31 · CADFY 20212021-12-31 · CADFY 20202020-12-31 · CADFY 20192019-12-31 · CADFY 20182018-12-31 · CAD
    Total Revenue2,183,415USD82,385USD359,432CAD1,489,884CAD979,632CAD1,768,686CAD650,740CAD1,189CAD
    Cost Of Revenue16,446USD57,921USD136,614CAD829,093CAD777,833CAD328,187CAD239,376CAD125CAD
    Gross Profit2,166,969USD24,463USD222,818CAD660,791CAD979,632CAD1,440,499CAD411,364CAD1,064CAD
    Research Development48,065USD353,797USD1,467,632CAD3,232,812CAD381,115CAD———
    Selling General Administrative5,873,010USD6,198,481USD7,410,570CAD13,982,317CAD14,275,063CAD1,910,728CAD1,648,790CAD4,281,040CAD
    Unclassified Operating Expenses-1,592,796USD—5,729,360CAD13,907,853CAD4,933,828CAD6,853,288CAD7,162,279CAD2,198,688CAD
    Total Operating Expenses4,328,279USD6,552,278USD14,607,562CAD31,122,982CAD20,711,147CAD9,382,728CAD9,581,673CAD6,626,135CAD
    Operating Income-2,161,310USD-6,527,815USD-14,384,744CAD-30,462,190CAD-19,731,515CAD-7,942,229CAD-9,170,309CAD-6,790,222CAD
    Income Before Tax-2,143,137USD-6,544,186USD-13,933,789CAD-30,195,943CAD-22,746,852CAD-8,793,745CAD-9,422,266CAD-6,881,765CAD
    Income Tax Expense1,596USD34,839USD-985,159CAD7,846,960CAD153,425CAD-962,381CAD-1,859,313CAD-2,379,376CAD
    Tax Provision1,596USD24,226USD0CAD0CAD————
    Net Income-1,792,166USD-5,813,235USD-12,627,966CAD-30,195,943CAD-22,746,852CAD-8,793,745CAD-9,422,266CAD-3,400,422CAD
    Net Income From Continuing Ops-2,144,733USD-4,574,836USD-10,512,157CAD-21,762,333CAD-17,847,892CAD-9,271,160CAD-9,627,605CAD-9,373,171CAD
    Ebitda-2,161,310USD-6,525,388USD-5,383,804CAD-14,405,701CAD-19,562,126CAD-5,664,600CAD-6,305,177CAD-4,626,054CAD
    Reconciled Depreciation0USD1,688USD2,468,199CAD3,210,732CAD2,345,411CAD2,030,032CAD2,857,811CAD2,994,677CAD
    Total Other Income Expense Net18,173USD-16,371USD450,955CAD266,246CAD-3,015,337CAD-851,516CAD-251,957CAD-91,542CAD
    Minority Interest352,567USD532,505USD985,160CAD——-7,547,035CAD-6,024,450CAD-5,893,609CAD
    Ebit—-6,527,816USD-8,655,384CAD-18,478,236CAD-22,551,314CAD-7,612,919CAD-8,809,652CAD-6,824,740CAD
    Depreciation And Amortization—2,428USD3,271,580CAD4,072,535CAD2,989,188CAD1,948,319CAD2,504,475CAD2,198,686CAD
    Interest Expense———122,992CAD153,425CAD649,810CAD574,642CAD81,717CAD
    Net Interest Income———-183,762CAD-378,621CAD-685,089CAD-587,166CAD-203,572CAD
    Net Income Applicable To Common Shares———-21,762,333CAD-14,399,072CAD-7,748,575CAD-6,869,121CAD-4,631,477CAD
    Selling And Marketing Expenses————1,121,141CAD618,712CAD770,604CAD146,407CAD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · CAD
    Total Assets4,312,004USD1,658,953USD2,061,062USD4,275,473USD3,842,233USD3,926,083USD5,083,039USD1,242,937CAD
    Cash And Equivalents1,361,714USD———————
    Total Current Assets3,049,004USD722,953USD1,452,062USD3,858,038USD3,842,233USD3,926,083USD5,083,039USD1,242,937CAD
    Total Liabilities761,499USD———————
    Total Current Liabilities761,499USD459,340USD142,759USD3,454USD34,187USD2,967USD37,793USD1,164CAD
    Total Stockholder Equity11,837,643USD9,607,727USD10,190,922USD15,493,838USD11,652,703USD15,599,153USD16,431,824USD8,901,106CAD
    Total Equity Including Noncontrolling Interest3,550,505USD———————
    Net Receivables1,596,000USD193,300USD836,000USD1,622,430USD1,980,000USD—0USD754CAD
    Intangible Assets1,263,000USD936,000USD609,000USD417,435USD————
    Accounts Payable761,499USD459,340USD0USD3,454USD34,187USD2,967USD37,793USD0CAD
    Common Stock152,754,541USD151,038,922USD—210,103,342USD150,974,494USD217,200,259USD216,497,449USD147,290,988CAD
    Retained Earnings-141,478,422USD-141,951,719USD-141,268,519USD-195,225,414USD-139,765,764USD-202,070,763USD-200,523,757USD-138,666,829CAD
    Accumulated Other Comprehensive Income561,524USD520,524USD—615,911USD443,973USD469,656USD458,132USD276,947CAD
    Other Current Assets—106,750USD—279,746USD179,977USD426,461USD675,206USD770,935CAD
    Total Liab—459,340USD142,759USD3,455USD34,187USD2,966USD37,794USD26,947CAD
    Other Current Liab—142,759USD—2,483USD—2,062USD-11,505USD—
    Capital Stock—134,075,745USD151,017,446USD150,995,970USD150,974,494USD150,953,018USD150,587,018USD147,290,988CAD
    Cash—422,903USD527,388USD1,955,861USD1,682,256USD3,499,622USD4,407,833USD471,248CAD
    Cash And Short Term Investments—422,903USD—1,955,861USD1,682,256USD3,499,622USD4,407,833USD471,248CAD
    Net Debt—-422,903USD—-1,955,861USD-1,682,256USD-3,499,622USD-4,407,833USD-471,248CAD
    Common Stock Shares Outstanding—4,901,677shares4,901,677shares4,901,677shares4,927,369shares4,901,677shares3,263,861shares2,506,015shares
    Non Current Assets Total—936,000USD609,000USD417,435USD0USD0USD0USD0CAD
    Non Current Liabilities Total—0USD0USD0USD0USD-1USD0USD25,783CAD
    Net Working Capital—263,613USD1,309,303USD2,770,192USD3,808,046USD2,726,545USD3,509,272USD1,215,990CAD
    Unclassified Equity—-134,075,745USD—-150,995,971USD-150,974,494USD-150,953,017USD-150,587,018USD-147,290,988CAD
    Property Plant Equipment Net——————0USD0CAD
    Property Plant Equipment Gross——————24,004USD24,004CAD
    Current Deferred Revenue———————1,164CAD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · CADFY 20222022-12-31 · CADFY 20212021-12-31 · CADFY 20202020-12-31 · CADFY 20192019-12-31 · CADFY 20182018-12-31 · CAD
    Total Assets2,061,062USD5,083,039USD4,878,317CAD10,911,006CAD18,543,692CAD5,491,157CAD3,111,897CAD2,701,218CAD
    Intangible Assets609,000USD——8,656,295CAD9,172,507CAD1,737,416CAD2,140,375CAD2,475,040CAD
    Other Current Assets88,674USD675,206USD160,474CAD321,404CAD552,739CAD416,501CAD21,558CAD45,793CAD
    Total Liab142,759USD37,794USD321,476CAD4,501,287CAD4,541,024CAD6,629,507CAD5,322,483CAD3,314,684CAD
    Total Stockholder Equity10,190,922USD16,431,824USD11,944,388CAD15,078,230CAD22,624,249CAD4,055,351CAD1,518,455CAD3,713,610CAD
    Other Current Liab142,759USD26,288USD203,848CAD613,356CAD446,369CAD907,350CAD408,703CAD443,788CAD
    Common Stock151,017,446USD216,497,449USD147,130,123CAD185,301,980CAD110,254,962CAD82,074,919CAD74,667,604CAD67,370,721CAD
    Capital Stock151,017,446USD150,587,018USD147,130,123CAD122,381,772CAD110,254,962CAD85,343,260CAD76,204,372CAD67,370,722CAD
    Retained Earnings-141,268,519USD-200,523,757USD-135,434,022CAD-170,471,816CAD-100,995,334CAD-86,596,261CAD-80,820,208CAD-98,334,000CAD
    Cash527,388USD4,407,833USD4,689,007CAD1,596,099CAD1,678,156CAD2,283,262CAD76,373CAD24,962CAD
    Cash And Short Term Investments527,388USD4,407,833USD4,689,007CAD1,596,099CAD1,678,156CAD2,283,262CAD76,373CAD24,962CAD
    Total Current Assets1,452,062USD5,083,039USD4,867,703CAD1,980,587CAD2,354,512CAD3,164,636CAD132,111CAD74,264CAD
    Total Current Liabilities142,759USD37,793USD321,476CAD4,501,288CAD3,372,894CAD3,959,642CAD1,003,678CAD760,441CAD
    Net Debt-527,388USD-4,407,833USD-4,689,007CAD2,104,615CAD1,475,910CAD2,886,538CAD4,495,221CAD2,529,281CAD
    Net Receivables836,000USD0USD18,222CAD63,083CAD123,617CAD464,873CAD34,180CAD3,507CAD
    Accounts Payable0USD37,793USD82,579CAD187,218CAD386,030CAD552,357CAD342,186CAD316,653CAD
    Accumulated Other Comprehensive Income441,995USD458,132USD248,287CAD209,821CAD10,661,294CAD8,576,692CAD7,440,112CAD6,071,958CAD
    Common Stock Shares Outstanding4,901,677shares2,628,226shares912,717shares103,773shares59,551shares40,519shares29,300shares22,493shares
    Non Current Assets Total609,000USD0USD10,614CAD8,930,419CAD16,189,180CAD2,338,470CAD2,983,856CAD2,626,953CAD
    Non Current Liabilities Total0USD0USD0CAD-1CAD1,168,130CAD2,669,865CAD4,318,805CAD2,554,243CAD
    Net Working Capital1,309,303USD3,509,272USD4,546,227CAD-1,861,737CAD-1,018,382CAD-1,031,379CAD-1,132,166CAD-934,594CAD
    Unclassified Equity-151,017,446USD-150,587,018USD-147,130,123CAD-122,343,527CAD-107,551,635CAD-85,343,259CAD-75,973,425CAD-38,765,791CAD
    Property Plant Equipment Net—0USD1,935CAD127,234CAD326,945CAD493,810CAD734,630CAD43,398CAD
    Property Plant Equipment Gross—24,004USD773,453CAD1,160,124CAD1,094,795CAD625,938CAD948,998CAD59,110CAD
    Current Deferred Revenue——35,049CAD69,273CAD193,504CAD2CAD1CAD—
    Inventory——0CAD1CAD174,813CAD1CAD-1CAD-16,579CAD
    Non Currrent Assets Other——8,679CAD146,890CAD109,068CAD107,244CAD108,851CAD108,515CAD
    Good Will———0CAD6,580,660CAD0CAD0CAD-896,039CAD
    Other Assets———-10,000CAD109,068CAD-11,949CAD-4,070CAD1CAD
    Short Term Debt———3,700,714CAD2,346,991CAD2,499,935CAD252,789CAD—
    Short Long Term Debt———2,604,713CAD2,107,668CAD2,975,747CAD——
    Short Long Term Debt Total———3,700,714CAD3,154,066CAD5,169,800CAD4,571,594CAD2,554,243CAD
    Net Tangible Assets———4,774,475CAD6,842,835CAD3,774,822CAD335,958CAD1,649,043CAD
    Unclassified Current Liabilities———-2,673,986CAD-2,107,668CAD-2,975,749CAD——
    Other Liab————361,055CAD———
    Long Term Debt————678,515CAD2,906,838CAD4,814,767CAD3,478,956CAD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Stock Based Compensation37,095USD
    Change To Liabilities618,739USD
    Change In Working Capital618,739USD
    Operating Cash Flow-331,203USD
    Investing Cash Flow-654,000USD
    Financing Cash Flow1,700,000USD
    Effect Of Forex Changes On Cash119,529USD
    Change In Cash834,326USD
    End Cash Flow1,361,714USD
    SourceDisclosureDeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · CADQ2 20242024-06-30 · CAD
    Net Income-683,200USD-964,939USD-537,815USD672,335USD-961,746USD-1,044,460USD-702,243CAD-1,499,742CAD
    Stock Based Compensation21,476USD21,476USD-6,850,906USD21,476USD366,000USD0USD0CAD0CAD
    Other Non Cash Items-135,495USD—-210,440USD294,768USD171,269USD17,795USD-805,449CAD129,959CAD
    Change To Account Receivables642,700USD—832,402USD-2,016,145USD—754USD9,495CAD2,404CAD
    Change In Working Capital941,205USD582,649USD777,921USD-1,862,177USD149,032USD310,062USD1,033,751CAD-616,658CAD
    Total Cash From Operating Activities143,986USD-568,595USD29,665USD-895,073USD-641,445USD-716,603USD-472,253CAD-1,986,441CAD
    Capital Expenditures-5USD-309,000USD-4USD-4USD-5USD-3USD-5CAD0CAD
    Free Cash Flow143,986USD-877,595USD29,670USD-895,070USD-641,450USD-716,603USD-472,253CAD-1,986,441CAD
    Total Cashflows From Investing Activities-327,000USD—-304,565USD—————
    Change In Cash-104,485USD-878,240USD-276,628USD-749,963USD-633,695USD2,594,666USD-434,667CAD-1,986,441CAD
    Begin Period Cash Flow527,388USD1,405,628USD1,682,256USD2,432,219USD3,065,914USD471,248USD905,915CAD2,892,356CAD
    End Period Cash Flow422,903USD527,388USD1,405,628USD1,682,256USD2,432,219USD3,065,914USD471,248CAD905,915CAD
    Other Cashflows From Investing Activities-327,000USD—-215,921USD—————
    Depreciation—0USD-44,181USD——0USD1,688CAD291CAD
    Total Cash From Financing Activities——-6,234,714USD——3,278,235USD0CAD0CAD
    Other Cashflows From Financing Activities——-6,234,714USD——66,771USD——
    Unclassified Operating Cash Flow——6,895,086USD—————
    Investments—————0USD0CAD0CAD
    Net Borrowings—————2,500,000USD0CAD—
    Issuance Of Capital Stock—————0USD0CAD0CAD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · CADFY 20222022-12-31 · CADFY 20212021-12-31 · CADFY 20202020-12-31 · CADFY 20192019-12-31 · CADFY 20182018-12-31 · CAD
    Net Income-2,144,733USD-4,574,836USD-10,512,157CAD-22,473,192CAD-17,847,890CAD-5,776,909CAD-5,176,828CAD-6,881,765CAD
    Depreciation0USD1,688USD2,468,199CAD3,030,966CAD2,345,411CAD1,513,479CAD2,153,754CAD2,198,686CAD
    Stock Based Compensation430,428USD160,865USD-1,452,380CAD1,567,583CAD2,145,928CAD1,049,135CAD642,477CAD478,195CAD
    Other Non Cash Items-338,557USD17,795USD3,982,219CAD8,688,874CAD471,647CAD510,172CAD-1,111,116CAD149,463CAD
    Change To Account Receivables-836,000USD18,222USD42,527CAD62,868CAD378,975,000,000CAD-417,109CAD-29,860CAD6,349CAD
    Change In Working Capital-338,557USD-577,460USD-68,020CAD32,225CAD-886,245CAD-44,221CAD13,394CAD328,671CAD
    Total Cash From Operating Activities-2,052,862USD-4,971,948USD-5,582,139CAD-9,153,544CAD-12,893,217CAD-3,797,478CAD-4,120,796CAD-3,726,749CAD
    Capital Expenditures-609,000USD0USD-19,413CAD-2,536,832CAD-2,426,726CAD-2CAD-3CAD-1,352,899CAD
    Free Cash Flow-2,052,862USD-4,971,948USD-5,601,552CAD-11,690,376CAD-15,319,943CAD-3,797,480CAD-4,120,800CAD-5,079,649CAD
    Total Cashflows From Investing Activities-609,000USD—-14,514CAD-2,536,832CAD-2,511,827CAD-910,609CAD-1,461,950CAD-1,352,899CAD
    Net Borrowings0USD2,500,000USD-2,648,395CAD-324,004CAD-744,316CAD1,345,372CAD1,016,354CAD7,168,552CAD
    Total Cash From Financing Activities0USD3,278,235USD9,045,578CAD11,191,067CAD14,799,938CAD6,845,376CAD5,631,891CAD4,935,201CAD
    Change In Cash-2,538,526USD-1,623,093USD3,510,160CAD-499,309CAD-605,106CAD2,251,561CAD51,612CAD-144,448CAD
    Begin Period Cash Flow3,065,914USD4,689,007USD1,178,847CAD1,678,156CAD2,283,262CAD76,505CAD24,893CAD169,410CAD
    End Period Cash Flow527,388USD3,065,914USD4,689,007CAD1,178,847CAD1,678,156CAD2,328,066CAD76,505CAD24,962CAD
    Other Cashflows From Investing Activities-609,000USD—4,899CAD-2,496,621CAD0CAD0CAD0CAD360CAD
    Investments—0USD-14,514CAD-2,536,832CAD-2,511,827CAD190,396CAD190,396CAD190,396CAD
    Issuance Of Capital Stock—0USD7,812,663CAD13,251,733CAD11,040,000CAD6,258,362CAD4,823,871CAD2,982,240CAD
    Other Cashflows From Financing Activities—778,235USD3,881,310CAD-1,736,662CAD4,504,254CAD205,803CAD-270,645CAD-327,937CAD
    Change To Liabilities———-434,618CAD-1,081,829CAD495,829CAD23,026CAD478,207CAD
    Unclassified Investing Cash Flow———5,033,453CAD2,426,726CAD-1,101,003CAD-1,652,343CAD—
    Change To Inventory————773,187,000,000CAD0CAD211CAD—
    Unclassified Operating Cash Flow—————-1,049,134CAD——
    Unclassified Financing Cash Flow———————-4,887,654CAD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    No revenue breakdown is currently published for this company.

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.