Name: Versus Systems Inc. (VS) Financial Statements
Creator: FinSpry

Versus Systems Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Versus Systems Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	0.06	0.27	1.11	0.77	1.39
Cost of Revenue	0.04	0.10	0.62	0.62	0.26
Gross Profit	0.02	0.17	0.49	0.15	1.13
Operating Expenses
Research & Development	0.25	1.11	2.41	0.00	0.00
Selling, General & Administrative	4.31	5.59	11.84	12.08	4.55
Operating Expenses	4.56	6.70	14.24	15.01	7.12
Operating Income	-4.54	-6.53	-13.75	-14.24	-5.98
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.12	0.15	-0.51
Other Income/Expense	-0.01	-3.98	0.20	-3.23	-0.01
Income
Income Before Tax	-4.55	-10.51	-22.47	-17.85	-6.91
Income Tax Expense	0.02	0.00	0.00	0.00	0.00
Net Income	-4.04	-9.53	-22.47	-17.85	-6.91
Net Income - Continuous Operations	-4.57	-10.51	-22.47	-17.85	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-4.54	-4.06	-13.19	-15.35	-4.45
EBIT	-4.54	-6.53	-13.75	-17.69	-5.98
Depreciation & Amortization	0.00	2.47	0.56	2.31	1.53
Earnings Per Share
Basic EPS	-2.00	-10.00	-217.00	-242.00	-171.00
Diluted EPS	-2.00	-10.00	-217.00	-242.00	-171.00
Basic Shares Outstanding	2.63	0.91	0.10	0.06	0.04
Diluted Shares Outstanding	2.63	0.91	0.10	0.06	0.04