Saturday 17 October 2026 Export VS’s income statement to Excel — free account

Versus Systems Inc.

In the quarter to June 2026, revenue grew 648.5%, EPS fell 28.6% and free cash flow grew 7.54%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

1.01 0.03 −2.88%

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Market cap: $6.5M
P/E: 0.0×
Fwd P/E: 17.3×
Dividend yield: —
F-score: 4/9
Altman Z: −72.52
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 38.10%

Capital & Financial Ratios $m

Market Cap 6.46

Revenue 3.49

Net Income (2.16)

Free Cash Flow (2.14)

Net Debt (1.36)

Current Ratio 4.00

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E 17.30

P/S ratio 1.43

P/B ratio 1.41

Past 5Y EPS Growth —

This Y EPS Growth 83.35%

Next Y EPS Growth 32.12%

Next Y revenue growth 52,925.07%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 4.74%

10-year low 10-year high

P/B against its own 10 years 37.94%

10-year low 10-year high

EV/Sales against its own 10 years 10.31%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	5	3	1	1
Receivables	0	—	1	2
Inventory	—	—	—	—
Other	—	—	—	—
	5	4	1	3

	2023	2024	2025	Q'26
Payables	0	0	0	1
ST’ Debt	—	—	—	—
Other	—	—	—	—
	0	0	0	1

Compound Annual Growth %

	10y	5y	3y
Sales	—	9.45%	25.34%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	19.85%	0.00%	(26.00%)

Revenue $m

	Jun	Sep	Dec	Year
’26	1	—	—	—
’25	2	—	0	2
’24	0	0	0	0
’23	0	0	0	0
’22	0	0	0	1
’21	0	0	0	1
’20	0	1	0	1

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	0	0	—	—	—
’25	(1)	(1)	0	(1)	(2)
’24	(2)	(2)	0	(1)	(5)
’23	(2)	(1)	(1)	(1)	(6)
’22	(3)	(3)	(2)	(2)	(9)
’21	(3)	(6)	(3)	(1)	(13)
’20	(1)	0	(3)	(2)	(4)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	0	(1)	—	—	—
’25	(1)	(1)	0	(1)	(3)
’24	(2)	(2)	0	(1)	(5)
’23	(2)	(1)	(1)	(1)	(6)
’22	(3)	(3)	(2)	(2)	(12)
’21	(3)	(6)	(3)	(3)	(15)
’20	(1)	0	(3)	(2)	(5)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.14)	0.10	—	—	—
’25	(0.20)	0.14	(0.11)	(0.20)	(0.37)
’24	(0.53)	(0.54)	(0.22)	(0.25)	(1.54)
’23	(2.24)	(3.04)	(2.08)	(3.19)	(10.44)
’22	(33.58)	(38.38)	(28.64)	(92.16)	(186.08)
’21	(254.36)	(110.34)	(25.02)	(14.39)	(242.28)
’20	(2.40)	(2.40)	(31.23)	(38.38)	(151.12)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	384.00	599.04	438.91	498.82	476.16	432.00	6.04	2.08	1.00	1.15	Analyst estimates 2026–2028 Powerpack
	High	1,036.80	2,320.13	1,325.57	1,339.78	3,576.05	3,000.00	600.00	53.44	9.59	3.79
People
People	Employees	—	—	—	27	29	51	39	8	5	5
	Revenue/emp, $m	—	—	0.00	0.02	0.05	0.02	0.03	0.03	0.01	0.44
Income, $m
Income, $m	Revenue	—	—	0	1	1	1	1	0	0	2
	Gross margin, %	0.00	0.00	(339,415.38)	100.00	100.00	100.00	44.35	61.98	29.67	99.25
	EBT	(4)	(5)	(7)	(7)	(7)	(18)	(22)	(11)	(5)	(2)
	EBT margin, %	0.00	0.00	(556,276.92)	(1,447.89)	(497.19)	(2,321.83)	(2,026.80)	(3,876.18)	(7,941.71)	(98.15)
	Net income	(3)	0	(4)	(7)	(7)	(18)	(22)	(11)	(5)	(2)
	Depreciation	1	2	2	2	1	2	12	6	0	—
Per share, $
Per share, $	Revenue	0.00	0.00	0.00	17.10	34.32	12.90	9.52	0.30	0.02	0.45
	Earnings	(0.85)	(11.09)	(9.93)	(11.99)	(151.12)	(242.28)	(186.08)	(10.44)	(1.54)	(0.37)
	Cash flow	(0.39)	(7.96)	(10.88)	(140.63)	(104.61)	(216.33)	(78.57)	(6.12)	(1.89)	(0.42)
	Capex	0.00	0.00	0.00	(49.89)	(26.83)	(40.72)	(21.78)	(0.02)	0.00	(0.12)
	Free cash flow	(0.39)	(7.96)	(10.88)	(190.53)	(131.45)	(257.05)	(100.35)	(6.13)	(1.89)	(0.54)
	Book value	1.09	12.92	10.29	(73.82)	(28.11)	234.94	40.64	4.99	1.34	0.39
	Shares, m	3	0	0	0	0	0	0	1	3	5
Valuation, ×
Valuation, ×	P/E	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	0.00	0.00	87.41	39.08	0.79	9.32	101.08	2.74
	P/B	—	—	0.00	0.00	0.00	2.15	0.19	0.55	1.65	3.12
	EV/Sales	—	—	0.00	0.00	87.87	38.27	(0.03)	(7.00)	52.05	2.62
	EV/FCF	—	—	0.00	0.00	(22.96)	(1.93)	0.00	0.34	(0.60)	(2.15)
Cash, $m
Cash, $m	Operating cash flow	(1)	(2)	(4)	(4)	(4)	(13)	(9)	(6)	(5)	(2)
	Capex	0	(1)	(1)	(1)	(1)	(2)	(3)	0	—	(1)
	Free cash flow	(1)	(2)	(4)	(6)	(5)	(15)	(12)	(6)	(5)	(3)
Balance, $m
Balance, $m	Working capital	1	0	(1)	(1)	(1)	(1)	(2)	5	4	1
	Total debt	—	1	3	4	3	1	3	—	—	—
	Net debt	(1)	0	3	4	0	(1)	(1)	(5)	(3)	(1)
	Shareholders’ equity	4	4	4	(2)	(1)	14	5	5	4	2
Returns, %
Returns, %	ROA	(96.40)	(131.10)	(93.28)	(180.37)	(161.90)	(148.52)	(168.96)	(147.28)	(96.09)	(64.04)
	ROIC	0.00	0.00	0.00	(213.16)	0.00	(67.78)	(241.76)	0.00	(639.83)	(97.12)
	ROE	(142.30)	(87.46)	(93.64)	(672.11)	418.67	(277.48)	(239.88)	(205.08)	(100.23)	(66.04)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RTCJF Baijiayun Group Ltd.	$7.3M	— (loss-making)	12.8×	+162.50% (above 0%: growing)	n/m	−107.43% (below 0%: shrinking)	17.68%	0.00%	Compare
IFBD Infobird Co., Ltd.	$6.8M	— (loss-making)	— (loss-making)	−64.75% (below 0%: shrinking)	+85.14% (above 0%: growing)	+80.81% (above 0%: growing)	36.20%	0.00%	Compare
NVNIF Nvni Group Limited	$6.6M	0.1×	— (loss-making)	—	+552.83% (above 0%: growing)	+35.38% (above 0%: growing)	—	—	Compare
VS Versus Systems Inc.	$6.5M	— (loss-making)	17.3×	+648.52% (above 0%: growing)	−28.57% (below 0%: shrinking)	+7.54% (above 0%: growing)	100.00%	39.84%
RCT RedCloud Holdings plc	$6.1M	—	—	—	—	−194.13% (below 0%: shrinking)	—	—	Compare
BTTC Black Titan Corporation	$5.9M	— (loss-making)	— (loss-making)	−100.83% (below 0%: shrinking)	n/m	−474.20% (below 0%: shrinking)	100.00%	0.00%	Compare
AUUD Auddia Inc.	$5.9M	0.3×	— (loss-making)	−88.27% (below 0%: shrinking)	n/m	−110.94% (below 0%: shrinking)	(768.42%)	(39,789.47%)	Compare
AMST Amesite Inc.	$5.8M	— (loss-making)	2.8×	+41.76% (above 0%: growing)	n/m	−30.31% (below 0%: shrinking)	100.00%	(1,329.58%)	Compare
ORKT Orangekloud Technology Inc.	$5.8M	—	—	—	—	—	—	—	Compare
Median of peers	$6.0M	—	—	−64.75%	—	−107.43%	36.20%	0.00%

All 237 Software Application stocks →

Versus Systems Inc. (VS) key facts

Versus Systems Inc. (VS) is a Software Application company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, VS traded at $1.01, a market capitalization of $6.5 million.
Return on equity was −66.0% and debt-to-equity 0.00.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −72.52 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.