Versus Systems Inc. income statement
In fiscal 2025, Versus Systems Inc. reported revenue of $2.2m, up 3711.3% on the year before, operating income of −$2.2m (a -99.0% margin) and net income of −$1.8m, or −$0.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 1 | 0 | 0 | 2 | 2 |
| Cost of revenue | 1 | 0 | 0 | 0 | — |
| Gross profit | 0 | 0 | 0 | 2 | 2 |
| Research and development | 2 | 1 | 0 | 0 | — |
| Selling, general and administrative | 12 | 6 | 4 | 4 | 4 |
| Operating income | −23 | −11 | −5 | −2 | −2 |
| Interest expense | — | — | 0 | — | — |
| Income before tax | −22 | −11 | −5 | −2 | −2 |
| Income tax | — | — | 0 | 0 | — |
| Net income | −22 | −10 | −4 | −2 | −2 |
| Diluted EPS | −$64.30 | −$3.48 | −$1.54 | −$0.37 | −$0.35 |
| Diluted shares (average) | — | 3m | 3m | 5m | 5m |
| EBITDA | — | −11 | −5 | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 0 | 199 | −176 | 0 | 2,160 | 17 | 7 |
| Cost of revenue | 0 | 0 | 8 | 8 | 0 | 0 | — | — |
| Gross profit | 4 | 0 | 191 | 1,972 | 0 | 4 | 17 | 1,492 |
| Research and development | 11 | 128 | 6 | 6 | 14 | 21 | — | — |
| Selling, general and administrative | 521 | 881 | 1,358 | 1,027 | 742 | 1,154 | 836 | 898 |
| Operating income | −529 | −1,009 | −1,173 | 939 | −756 | −1,171 | −819 | 594 |
| Interest expense | 0 | — | — | — | — | — | — | — |
| Income before tax | −529 | −1,020 | −1,156 | 942 | −756 | −1,173 | −819 | 594 |
| Income tax | — | — | — | — | 2 | 0 | — | — |
| Net income | −561 | −810 | −962 | 672 | −538 | −965 | −683 | 473 |
| Diluted EPS | −$0.22 | −$0.25 | −$0.20 | $0.14 | — | — | −$0.14 | $0.10 |
| EBITDA | −528 | −1,009 | — | — | — | — | — | — |
Compare with peers
- J & Friends Holdings Ltd income statement
- ZW Data Action Technologies Inc. income statement
- Trump Media & Technology Group Corp. income statement
- Professional Diversity Network, Inc. income statement
- Super League Enterprise, Inc. income statement
Head to head: JF vs VSCNET vs VSDJT vs VS
More: Interactive Media & Services stocks compared, Communication Services sector, rankings of US companies