Flagship explainer

How VERSUS SYSTEMS INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.2M · 100%Cost of revenue$16446 · 1%Gross profit$2.2M · 99%Operating income−$2.2M · −99%Income before tax−$2.1M · −98%Income tax$1596 · 0%Net income−$1.8M · −82%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.2M100%
Cost of revenue$164461%
$2.2M99%
−$2.2M−99%
Income before tax−$2.1M−98%
Income tax$15960%
−$1.8M−82%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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