Logo image of VS

VERSUS SYSTEMS INC (VS) Stock Fundamental Analysis

USA - NASDAQ:VS - US92540Q1067 - Common Stock

2 USD
-0.08 (-3.85%)
Last: 10/17/2025, 8:00:02 PM
1.98 USD
-0.02 (-1%)
After Hours: 10/17/2025, 8:00:02 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to VS. VS was compared to 81 industry peers in the Entertainment industry. VS has a great financial health rating, but its profitability evaluates not so good. VS is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

VS had negative earnings in the past year.
VS had a negative operating cash flow in the past year.
In the past 5 years VS always reported negative net income.
In the past 5 years VS always reported negative operating cash flow.
VS Yearly Net Income VS EBIT VS OCF VS FCFVS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -5M -10M -15M -20M

1.2 Ratios

VS has a Return On Assets of -34.63%. This is amonst the worse of the industry: VS underperforms 86.25% of its industry peers.
With a Return On Equity value of -11.42%, VS perfoms like the industry average, outperforming 46.25% of the companies in the same industry.
Industry RankSector Rank
ROA -34.63%
ROE -11.42%
ROIC N/A
ROA(3y)-192.36%
ROA(5y)-150.81%
ROE(3y)-102.28%
ROE(5y)-100.95%
ROIC(3y)N/A
ROIC(5y)N/A
VS Yearly ROA, ROE, ROICVS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -100 -200 -300

1.3 Margins

VS has a better Gross Margin (99.24%) than 97.50% of its industry peers.
VS's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for VS so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 99.24%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-21.57%
VS Yearly Profit, Operating, Gross MarginsVS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2K -4K -6K

7

2. Health

2.1 Basic Checks

VS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for VS has been increased compared to 1 year ago.
VS has more shares outstanding than it did 5 years ago.
There is no outstanding debt for VS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
VS Yearly Shares OutstandingVS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M
VS Yearly Total Debt VS Total AssetsVS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

2.2 Solvency

Based on the Altman-Z score of -51.44, we must say that VS is in the distress zone and has some risk of bankruptcy.
VS has a worse Altman-Z score (-51.44) than 87.50% of its industry peers.
There is no outstanding debt for VS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z -51.44
ROIC/WACCN/A
WACC8.66%
VS Yearly LT Debt VS Equity VS FCFVS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M

2.3 Liquidity

A Current Ratio of 112.35 indicates that VS has no problem at all paying its short term obligations.
VS has a better Current ratio (112.35) than 100.00% of its industry peers.
A Quick Ratio of 112.35 indicates that VS has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 112.35, VS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 112.35
Quick Ratio 112.35
VS Yearly Current Assets VS Current LiabilitesVS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M

1

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 86.29% over the past year.
Looking at the last year, VS shows a very strong growth in Revenue. The Revenue has grown by 533.58%.
The Revenue for VS have been decreasing by -35.16% on average. This is quite bad
EPS 1Y (TTM)86.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%122.79%
Revenue 1Y (TTM)533.58%
Revenue growth 3Y-57.94%
Revenue growth 5Y-35.16%
Sales Q2Q%7515.38%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y25.09%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2099.57%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
VS Yearly Revenue VS EstimatesVS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 500K 1M 1.5M 2M
VS Yearly EPS VS EstimatesVS Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2021 2022 2023 2024 2025 -50 -100 -150 -200

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for VS. In the last year negative earnings were reported.
Also next year VS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
VS Price Earnings VS Forward Price EarningsVS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
VS Per share dataVS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

VS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

VERSUS SYSTEMS INC

NASDAQ:VS (10/17/2025, 8:00:02 PM)

After market: 1.98 -0.02 (-1%)

2

-0.08 (-3.85%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)08-12 2025-08-12
Earnings (Next)11-14 2025-11-14
Inst Owners3.09%
Inst Owner Change0%
Ins Owners0.05%
Ins Owner Change0%
Market Cap9.80M
Analysts40
Price TargetN/A
Short Float %2.62%
Short Ratio0.32
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 4.49
P/FCF N/A
P/OCF N/A
P/B 0.84
P/tB 0.84
EV/EBITDA N/A
EPS(TTM)-1.54
EYN/A
EPS(NY)-1.15
Fwd EYN/A
FCF(TTM)-0.55
FCFYN/A
OCF(TTM)-0.55
OCFYN/A
SpS0.45
BVpS2.38
TBVpS2.38
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -34.63%
ROE -11.42%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 99.24%
FCFM N/A
ROA(3y)-192.36%
ROA(5y)-150.81%
ROE(3y)-102.28%
ROE(5y)-100.95%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-21.57%
F-Score5
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 112.35
Quick Ratio 112.35
Altman-Z -51.44
F-Score5
WACC8.66%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)86.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%122.79%
EPS Next Y25.09%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)533.58%
Revenue growth 3Y-57.94%
Revenue growth 5Y-35.16%
Sales Q2Q%7515.38%
Revenue Next Year2099.57%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y85.01%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year49.38%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y68.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y62.79%
OCF growth 3YN/A
OCF growth 5YN/A