VS
Income statement / Annual
Last year (2023), Versus Systems Inc.'s total revenue was $271,169.00,
a decrease of 75.54% from the previous year.
In 2023, Versus Systems Inc.'s net income was -$10.51 M.
See Versus Systems Inc.�s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$271,169.00
|
$1.11 M
|
$768,650.00
|
$1.46 M
|
$509,023.00
|
$1,189.40
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Cost of Revenue |
$103,067.00 |
$19.13 T |
$777,833.00 |
$1.71 T |
$239,376.00 |
$124.81 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$168,102.00 |
-$19.13 T |
-$9,183.00 |
-$1.71 T |
$269,647.00 |
$1,064.59 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit Ratio |
0.62 |
-17247929.27 |
-0.01 |
-1167292.63 |
0.53 |
0.9 |
0 |
0 |
0 |
0 |
| Research and Development
Expenses |
$1.11 M
|
$699,541.00
|
$381,115.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
-$354,105.00
|
$10.41 M
|
$11.82 M
|
$5.65 M
|
$4.61 M
|
$4.28 M
|
$3.47 M
|
$2.48 M
|
$645,084.00
|
$227,611.00
|
| Selling & Marketing
Expenses |
$5.94 M
|
$144,057.00
|
$879,683.00
|
$511,546.00
|
$602,783.00
|
$146,407.00
|
$138,091.00
|
$64,507.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$5.59 M
|
$10.55 M
|
$12.70 M
|
$6.16 M
|
$5.21 M
|
$4.43 M
|
$3.61 M
|
$2.54 M
|
$645,084.00
|
$227,611.00
|
| Other Expenses |
$4.22 M |
$4.29 M |
$2.31 M |
$1.59 M |
$2.19 M |
$894.99 |
$914.51 |
$1.06 M |
$0.00 |
$0.00 |
| Operating Expenses |
$10.92 M |
$14.84 M |
$15.01 M |
$7.76 M |
$7.40 M |
$6.63 M |
$5.54 M |
$3.33 M |
$645,084.00 |
$227,611.00 |
| Cost And Expenses |
$11.02 M |
$14.84 M |
$15.01 M |
$7.76 M |
$7.40 M |
$6.63 M |
$5.54 M |
$3.33 M |
$645,084.00 |
$227,611.00 |
| Interest Income |
$0.00 |
-$60,770.00 |
-$225,196.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$122,992.00 |
$153,425.00 |
$649,810.00 |
$574,642.00 |
$81,717.26 |
$5,640.56 |
$0.00 |
$9,657.06 |
$21,915.00 |
| Depreciation &
Amortization |
$2.47 M
|
$3.03 M
|
$2.35 M
|
$1.53 M
|
$2.19 M
|
$2.20 M
|
$1.93 M
|
$790,241.00
|
$4,519.02
|
$0.00
|
| EBITDA |
-$8.04 M
|
-$17.86 M
|
-$17.33 M
|
-$5.66 M
|
-$4.83 M
|
-$4.63 M
|
-$3.61 M
|
-$4.23 M
|
-$645,085.00
|
-$227,611.43
|
| EBITDA Ratio |
-29.66 |
-9.54 |
-15.77 |
-3.42 |
-9.63 |
-3798.49 |
0 |
0 |
0 |
0 |
| Operating Income Ratio
|
-39.64
|
-19.9
|
-20.14
|
-4.51
|
-13.93
|
-5708.94
|
0
|
0
|
0
|
0
|
| Total Other
Income/Expenses Net |
$237,150.00
|
$268,289.00
|
-$2.99 M
|
$1.03 M
|
-$471,788.00
|
-$538,634.31
|
-$3,015.00
|
-$1.83 M
|
-$245,791.98
|
-$56,042.00
|
| Income Before Tax |
-$10.51 M |
-$21.76 M |
-$17.85 M |
-$7.27 M |
-$7.37 M |
-$6.88 M |
-$5.55 M |
-$3.72 M |
-$645,242.09 |
-$297,803.35 |
| Income Before Tax Ratio
|
-38.77
|
-19.63
|
-23.22
|
-4.97
|
-14.48
|
-5785.91
|
0
|
0
|
0
|
0
|
| Income Tax Expense |
$0.00 |
$7.85 M |
$153,425.00 |
-$962,381.98 |
-$1.86 M |
-$2.38 M |
-$2.18 M |
-$1.03 M |
$5,138.04 |
$0.00 |
| Net Income |
-$10.51 M |
-$29.61 M |
-$18.00 M |
-$6.31 M |
-$5.51 M |
-$3.40 M |
-$3.36 M |
-$2.69 M |
-$645,242.09 |
-$297,803.35 |
| Net Income Ratio |
-38.77 |
-26.7 |
-23.42 |
-4.31 |
-10.83 |
-2858.94 |
0 |
0 |
0 |
0 |
| EPS |
-10.44 |
-285.33 |
-18.89 |
-9.73 |
-11.76 |
-9.45 |
-11.06 |
-12.44 |
-4.67 |
-5.65 |
| EPS Diluted |
-10.44 |
-285.33 |
-18.89 |
-9.73 |
-11.76 |
-9.45 |
-11.06 |
-12.44 |
-4.67 |
-5.65 |
| Weighted Average Shares
Out |
$912,717.00
|
$103,773.00
|
$952,827.00
|
$648,313.00
|
$468,810.00
|
$359,888.00
|
$304,018.00
|
$216,051.00
|
$138,110.00
|
$52,692.00
|
| Weighted Average Shares
Out Diluted |
$912,717.00
|
$103,773.00
|
$952,827.00
|
$648,313.00
|
$468,810.00
|
$359,888.00
|
$304,018.00
|
$216,051.00
|
$138,110.00
|
$52,692.00
|
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