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Versus Systems Inc. (C:VS)

Business Focus: Application Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1558 West Hastings Street
VANCOUVER BC V6G 3J4
Tel: N/A
Website: https://www.versussystems.com
IR: See website
Key People
Keyvan Peymani
Executive Chairman
Matthew Pierce
Chief Executive Officer, Director
Craig Finster
Chief Financial Officer
Alex Peachey
Chief Technology Officer
Kelsey Chin
Corporate Secretary
 
Business Overview
Versus Systems Inc is developing in-game prizing and promotions engine. The Company is engaged in the technology sector and is developing a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games to their players. The Company enables players, viewers and users to choose from among the offered prizes and then complete in-game or in-application challenges to win the prizes. The Company's platform can be integrated into mobile, console, and personal computer (PC) games, as well as streaming media and mobile applications.
Financial Overview
For the three months ended 31 March 2021, VersusSystems Inc revenues remained flat at C$0K. Net lossapplicable to common stockholders increased 95% to C$3.3M.Revenues reflect market conditions. Higher net lossreflects Professional Fees increase from C$91K to C$757K(expense), Salaries and wages increase of 99% to C$1.2M(expense), Sales and marketing increase from C$12K toC$258K (expense).
Employees: 6 as of Dec 31, 2001
Reporting Currency: Canadian Dollars
Enterprise value: $50.98M as of Mar 31, 2021
Annual revenue (TTM): $1.48M as of Mar 31, 2021
EBITDA (TTM): -$5.83M as of Mar 31, 2021
Net annual income (TTM): -$7.46M as of Mar 31, 2021
Free cash flow (TTM): -$6.95M as of Mar 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 13,282,923 as of Apr 12, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization