Versus Historical Income Statement

VS Stock  USD 1.65  0.06  3.77%   
Historical analysis of Versus Systems income statement accounts such as Interest Expense of 148.5 K, Selling General Administrative of 336.4 K or Total Revenue of 430.9 K can show how well Versus Systems performed in making a profits. Evaluating Versus Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Versus Systems's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Versus Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Versus Systems is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Versus Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.

About Versus Income Statement Analysis

Versus Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Versus Systems shareholders. The income statement also shows Versus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Versus Systems Income Statement Chart

At this time, Versus Systems' Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 430.9 K in 2024, despite the fact that Operating Income is likely to grow to (10.2 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Versus Systems. It is also known as Versus Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on Versus Systems income statement and represents the costs associated with goods and services Versus Systems provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Versus Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Versus Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Versus Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.At this time, Versus Systems' Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 430.9 K in 2024, despite the fact that Operating Income is likely to grow to (10.2 M).
 2022 2023 2024 (projected)
Research Development699.5K1.1M802.2K
Reconciled Depreciation3.2M2.5M2.9M

Versus Systems income statement Correlations

0.380.85-0.10.42-0.31-0.33-0.310.42-0.26-0.050.37-0.330.240.10.16-0.64-0.9-0.23-0.220.08
0.380.71-0.560.74-0.8-0.85-0.860.96-0.790.440.64-0.84-0.50.56-0.2-0.67-0.56-0.840.26-0.06
0.850.71-0.540.7-0.69-0.7-0.70.74-0.70.410.58-0.710.030.540.12-0.76-0.8-0.680.060.2
-0.1-0.56-0.54-0.470.690.60.62-0.580.79-0.92-0.420.65-0.17-1.00.120.360.080.76-0.57-0.27
0.420.740.7-0.47-0.96-0.97-0.940.89-0.890.310.94-0.97-0.30.470.5-0.92-0.56-0.860.420.56
-0.31-0.8-0.690.69-0.960.990.97-0.920.97-0.54-0.891.00.26-0.69-0.340.840.450.95-0.53-0.52
-0.33-0.85-0.70.6-0.970.991.0-0.940.96-0.48-0.871.00.39-0.6-0.310.850.480.95-0.44-0.45
-0.31-0.86-0.70.62-0.940.971.0-0.940.96-0.53-0.820.990.43-0.62-0.270.810.450.97-0.41-0.42
0.420.960.74-0.580.89-0.92-0.94-0.94-0.880.410.81-0.94-0.420.580.04-0.82-0.61-0.890.370.18
-0.26-0.79-0.70.79-0.890.970.960.96-0.88-0.71-0.770.970.25-0.79-0.250.740.360.98-0.5-0.49
-0.050.440.41-0.920.31-0.54-0.48-0.530.41-0.710.16-0.510.040.92-0.15-0.140.1-0.70.410.22
0.370.640.58-0.420.94-0.89-0.87-0.820.81-0.770.16-0.88-0.130.420.49-0.92-0.54-0.720.560.55
-0.33-0.84-0.710.65-0.971.01.00.99-0.940.97-0.51-0.880.33-0.65-0.310.850.480.95-0.48-0.48
0.24-0.50.03-0.17-0.30.260.390.43-0.420.250.04-0.130.330.170.110.110.050.370.070.22
0.10.560.54-1.00.47-0.69-0.6-0.620.58-0.790.920.42-0.650.17-0.12-0.36-0.08-0.760.570.27
0.16-0.20.120.120.5-0.34-0.31-0.270.04-0.25-0.150.49-0.310.11-0.12-0.47-0.11-0.160.170.87
-0.64-0.67-0.760.36-0.920.840.850.81-0.820.74-0.14-0.920.850.11-0.36-0.470.770.72-0.39-0.49
-0.9-0.56-0.80.08-0.560.450.480.45-0.610.360.1-0.540.480.05-0.08-0.110.770.37-0.01-0.02
-0.23-0.84-0.680.76-0.860.950.950.97-0.890.98-0.7-0.720.950.37-0.76-0.160.720.37-0.5-0.37
-0.220.260.06-0.570.42-0.53-0.44-0.410.37-0.50.410.56-0.480.070.570.17-0.39-0.01-0.50.32
0.08-0.060.2-0.270.56-0.52-0.45-0.420.18-0.490.220.55-0.480.220.270.87-0.49-0.02-0.370.32
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Versus Systems Account Relationship Matchups

Versus Systems income statement Accounts

201920202021202220232024 (projected)
Interest Expense252.4K649.8K153.4K123.0K141.4K148.5K
Selling General Administrative4.6M5.7M11.8M10.4M354.1K336.4K
Total Revenue509.0K1.5M768.7K1.1M271.2K430.9K
Gross Profit269.6K(1.7T)(9.2K)(19.1T)168.1K176.5K
Other Operating Expenses7.4M7.8M15.0M14.8M11.1M11.7M
Operating Income(7.1M)(6.6M)(15.5M)(22.1M)(10.7M)(10.2M)
Ebit(7.1M)(7.2M)(19.7M)(20.9M)(10.5M)(10.0M)
Ebitda(4.9M)(5.7M)(17.3M)(17.9M)(8.0M)(7.6M)
Total Operating Expenses7.4M7.8M15.0M14.8M4.6M3.8M
Net Income(5.5M)(6.3M)(18.0M)(29.6M)(10.5M)(10.0M)
Income Tax Expense(1.9M)(962.4K)153.4K7.8M(985.2K)(935.9K)
Depreciation And Amortization2.2M1.5M2.3M3.0M2.5M2.6M
Income Before Tax(7.4M)(7.3M)(17.8M)(21.8M)(10.5M)(10.0M)
Total Other Income Expense Net(282.1K)1.0M(3.0M)268.3K237.2K249.0K
Cost Of Revenue239.4K1.7T777.8K19.1T103.1K97.9K
Selling And Marketing Expenses602.8K511.5K879.7K144.1K5.9M6.2M
Net Income Applicable To Common Shares(6.9M)(7.7M)(14.4M)(21.8M)(19.6M)(18.6M)
Minority Interest(1.2M)(5.9M)(6.0M)(7.5M)(6.8M)(6.5M)
Net Interest Income(587.2K)(685.1K)(378.6K)(183.8K)(165.4K)(173.7K)
Net Income From Continuing Ops(9.6M)(9.3M)(17.8M)(21.8M)(10.5M)(11.0M)
Reconciled Depreciation2.9M2.0M2.3M3.2M2.5M2.9M

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Additional Tools for Versus Stock Analysis

When running Versus Systems' price analysis, check to measure Versus Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Versus Systems is operating at the current time. Most of Versus Systems' value examination focuses on studying past and present price action to predict the probability of Versus Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Versus Systems' price. Additionally, you may evaluate how the addition of Versus Systems to your portfolios can decrease your overall portfolio volatility.