
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Versus Systems Inc (VS)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: VS (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -46.16% | Avg. Invested days 13 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 10.27M USD | Price to earnings Ratio - | 1Y Target Price 1.98 |
Price to earnings Ratio - | 1Y Target Price 1.98 | ||
Volume (30-day avg) 48948 | Beta 2.04 | 52 Weeks Range 1.00 - 3.95 | Updated Date 04/1/2025 |
52 Weeks Range 1.00 - 3.95 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4.67 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -13748.03% |
Management Effectiveness
Return on Assets (TTM) -70.51% | Return on Equity (TTM) -264.55% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 9891755 | Price to Sales(TTM) 112.22 |
Enterprise Value 9891755 | Price to Sales(TTM) 112.22 | ||
Enterprise Value to Revenue 108.1 | Enterprise Value to EBITDA -0.86 | Shares Outstanding 4901680 | Shares Floating 1756555 |
Shares Outstanding 4901680 | Shares Floating 1756555 | ||
Percent Insiders 20.26 | Percent Institutions 5.14 |
Analyst Ratings
Rating 3 | Target Price 1.96 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Versus Systems Inc

Company Overview
History and Background
Versus Systems Inc. (VS) was founded in 2012. The company focuses on in-game prizing and engagement by allowing players to win real-world rewards while playing. It has evolved from focusing on traditional in-game prizing to developing technologies for interactive advertising and promotions.
Core Business Areas
- In-Game Prizing and Engagement: Allows players to win real-world rewards in video games and other interactive entertainment platforms, fostering increased player engagement and retention.
- Interactive Advertising: Develops technology that allows brands to offer interactive ads within games, creating a more engaging and measurable advertising experience.
- Promotional Platforms: Provides platforms for running promotional campaigns within games, offering brands increased reach and engagement with their target audience.
Leadership and Structure
Key leaders include Keyvan Peymani (CEO) and Matthew Pierce (CFO). Versus operates with a structured management team overseeing technology development, sales, and marketing.
Top Products and Market Share
Key Offerings
- Versus Engage: A proprietary platform that allows game developers to integrate real-world prizing into their games. Market share is difficult to pinpoint as the market is evolving, but it is a competitor against companies providing similar engagement platforms. Competitors include Skillz, Playfull, and various custom solutions developed by larger game publishers.
- Versus AdRewards: An in-game advertising platform where users can win real-world rewards. It is challenging to assess exact figures for user numbers and revenue. Competitors in the in-game ad space include Anzu.io, Adverty, and Bidstack.
Market Dynamics
Industry Overview
The interactive entertainment and advertising industries are experiencing substantial growth, with increasing emphasis on player engagement and innovative advertising solutions. There's growing demand for in-game prizing and advertising platforms.
Positioning
Versus Systems is positioned as a provider of technology solutions that enhance player engagement and provide new avenues for advertising and promotional initiatives. Their advantage lies in the integrated approach to prizing and advertising. They compete with specialized adtech and prizing vendors.
Total Addressable Market (TAM)
The TAM for in-game advertising and engagement solutions is estimated to be in the billions of dollars annually. Versus Systems, while a smaller player, is positioned to capture a share through its unique offerings. TAM is projected to grow significantly in the next 5-10 years
Upturn SWOT Analysis
Strengths
- Proprietary technology platform
- Focus on player engagement
- Potential for high-growth market
- Experienced leadership team
Weaknesses
- Limited financial resources
- Small market share relative to competitors
- Reliance on partnerships with game developers
- History of net losses and negative cash flow from operations.
Opportunities
- Expanding partnerships with major game publishers
- Increasing adoption of in-game advertising
- Growth in eSports and competitive gaming
- New product development and innovation
Threats
- Intense competition from established players
- Changing regulations regarding in-game advertising
- Technological advancements rendering current products obsolete
- Economic downturn impacting advertising budgets
Competitors and Market Share
Key Competitors
- SKLZ
- ADYXF
- UUUU
Competitive Landscape
Versus Systems' advantage lies in its integrated platform for in-game prizing and advertising. However, it faces intense competition from larger, more established players with greater financial resources and broader market reach.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been moderate, primarily driven by partnerships and expansion into new gaming platforms.
Future Projections: Future growth is dependent on securing additional partnerships, expanding into new markets, and realizing value from their technology. Analyst projections depend on successful execution of these strategies.
Recent Initiatives: Recent initiatives include focusing on in-game engagement with live events, integrating AI-driven personalized experiences, and partnerships to grow their reach.
Summary
Versus Systems Inc. is a small player in the growing interactive entertainment and advertising markets with a promising technology platform. Their strength lies in in-game prizing and engagement. Their biggest hurdle is competing against larger, better-funded competitors. The company needs to focus on strategic partnerships and innovation to achieve significant growth.
Similar Companies

SKLZ

Skillz Platform Inc



SKLZ

Skillz Platform Inc

UUUU

Energy Fuels Inc



UUUU

Energy Fuels Inc
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q), Company Website, Industry Reports, Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on independent research and consultation with a qualified financial advisor. Market share data is based on estimations and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Versus Systems Inc
Exchange NASDAQ | Headquaters Vancouver, BC, Canada | ||
IPO Launch date 2021-01-15 | CEO & Director Mr. Luis Claudio Goldner | ||
Sector Technology | Industry Software - Application | Full time employees 8 | Website https://www.versussystems.com |
Full time employees 8 | Website https://www.versussystems.com |
Versus Systems Inc. develops and operates a business-to-business software platform to drive user engagement through gamification and rewards in the United States and Canada. The company offers eXtreme Engagement Online platform that is designed primarily for in-venue main-board work in stadiums and arenas; Filter Fan Cam platform, an augmented reality filtering tool that can be used for mobile and in-venue applications; and Winfinite, an interactive advertising tool that allows content creators, marketers, agencies, and other advertisers to increase customer acquisition and loyalty through a combination of games and rewards. Versus Systems Inc. was incorporated in 1989 and is headquartered in Vancouver, Canada.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.