J & Friends Holdings vs Versus Systems
Versus Systems is the larger business, with $2.2m of revenue in fiscal 2025 against $1.6m for J & Friends Holdings (1.4 times as much). Versus Systems grew faster (3711.3% against -66.8%). Versus Systems kept more of each dollar of sales as profit: a net margin of -82.1% against -82.9%. Versus Systems carries less debt relative to equity (0.0% against 120.8%).
| Latest fiscal year | J & Friends HoldingsJF, 2025 | Versus SystemsVS, 2025 |
|---|---|---|
| Revenue | $1.6m | $2.2m |
| Revenue growth | -66.8% | 3711.3% |
| Net income | −$1.3m | −$1.8m |
| Operating margin | -83.9% | -99.0% |
| Net margin | -82.9% | -82.1% |
| Return on equity | — | -16.6% |
| Free cash flow | — | −$2.1m |
| Cash | $945,000 | $527,388 |
| Total debt | $1.8m | $0 |
| Debt to equity | 120.8% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $16.6m | $5.1m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |