Versus Systems Inc.
VS Technology Software Application
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.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
0.53 | 3.07 | 4.69 | 1.18 | 1.68 | 2.28 | 0.07 | 0.02 | 0.18 | 0.90 |
Receivables |
0.84 | — | 0.02 | 0.06 | 0.12 | 0.46 | 0.03 | 0.00 | 0.01 | 0.01 |
Other current assets |
— | — | — | — | — | — | — | 0.05 | 0.03 | 0.03 |
Total current assets |
1.45 | 3.54 | 4.87 | 1.46 | 2.35 | 3.16 | 0.13 | 0.07 | 0.22 | 0.94 |
Property, Plant, Equpment (Net) |
— | — | 0.00 | 0.09 | 0.33 | 0.48 | 0.72 | 0.04 | 0.04 | 0.02 |
Long-Term Investments |
— | — | — | — | — | — | — | 0.01 | 0.01 | 0.01 |
Goodwill and Intangible Assets (Total) |
0.61 | — | — | 6.39 | 15.75 | 1.74 | 2.10 | 2.47 | 3.62 | 4.00 |
Long-term assets (Other) |
— | — | 0.01 | 0.11 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | — |
Total non-current assets |
0.61 | — | 0.01 | 6.60 | 16.19 | 2.33 | 2.92 | — | — | — |
Total Assets |
2.06 | 3.54 | 4.88 | 8.06 | 18.54 | 5.49 | 3.05 | 2.69 | — | 4.97 |
Notes Payable |
— | — | — | 2.60 | 2.11 | 2.29 | — | — | — | — |
Accounts Payable |
0.14 | 0.03 | 0.29 | 0.52 | 0.83 | 1.46 | 0.74 | 0.32 | — | — |
Current Part of Capital Lease |
— | — | — | 0.13 | 0.24 | 0.21 | 0.25 | — | — | — |
Current Revenue (Deferred) |
— | — | 0.04 | 0.07 | 0.19 | — | — | — | — | — |
Other current liabilities |
— | — | — | — | — | — | — | 0.44 | 0.38 | 0.24 |
Total current liabilities |
0.14 | 0.03 | 0.32 | 3.32 | 3.37 | 3.96 | 0.98 | 0.76 | 0.38 | 0.24 |
Long Term Debt (Total) |
— | — | — | — | 0.81 | 2.67 | 4.23 | 2.55 | 0.59 | — |
Non-current Liabilities (Other) |
— | — | — | — | 0.36 | — | — | 0.00 | 0.00 | — |
Total non-current liabilities |
— | — | — | — | 1.17 | 2.67 | 4.23 | — | — | — |
Total liabilities |
0.14 | 0.03 | 0.32 | 3.32 | 4.54 | 6.63 | 5.21 | 3.31 | 0.98 | 0.24 |
Common Stock (Net) |
151.02 | 150.59 | 147.13 | 136.89 | 110.26 | 82.07 | 75.02 | 67.18 | 70.51 | 63.56 |
Retained Earnings |
(141.27) | (139.48) | (135.43) | (125.91) | (101.00) | (86.60) | (80.27) | (69.54) | (72.10) | (64.21) |
Equity Equivalent |
— | — | — | — | 2.70 | — | — | — | — | — |
Shareholders Equity (Other) |
— | — | 0.25 | 0.16 | 10.66 | 8.58 | 7.64 | — | — | — |
Common Equity (Total) |
1.92 | 3.51 | 4.56 | 4.73 | 14.00 | (1.14) | (2.16) | 3.70 | 3.93 | 3.52 |
Shareholders Equity (Total) |
1.92 | 3.51 | 4.56 | 4.73 | 14.00 | (1.14) | (2.16) | 3.70 | 3.93 | 3.52 |
Shareholders Equity and Liabilities (Total) |
2.06 | 3.54 | 4.88 | 8.06 | 18.54 | 5.49 | 3.05 | — | — | — |
Shares (Common) |
4.90 | 4.90 | 2.51 | 0.26 | 0.06 | 0.05 | 0.04 | — | — | — |
Shareholders Equity (Tangible) |
1.31 | 3.51 | 4.56 | (1.66) | (1.75) | (2.88) | (4.26) | — | — | — |
Net Debt |
(0.53) | (3.07) | (4.69) | (1.18) | (0.87) | 0.39 | 4.15 | 2.52 | 0.41 | (0.90) |
Total Debt |
— | — | — | 2.73 | 0.81 | 2.67 | 4.23 | 2.55 | 0.59 | — |