VRSSF
VERSES AI Inc.
Price Chart
Latest Quote
$0.58
-0.06 (-9.89%)
Current Price
| Previous Close | $0.65 |
| Open | $0.60 |
| Day High | $0.62 |
| Day Low | $0.59 |
| Volume | 19,337 |
Stock Information
| Shares Outstanding | 14.31M |
| Total Debt | $1.97M |
| Cash Equivalents | $118K |
| Revenue | $819K |
| Net Income | $-33.70M |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Market Cap | $8.34M |
| EPS (TTM) | $-11.87 |
| Exchange | OQB |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $9.25M |
| Sales | $819K |
| Income | $-33.70M |
| Book/sh | $-1.05 |
| Cash/sh | $0.01 |
Financial Ratios
| Quick Ratio | 0.07 |
| Current Ratio | 0.14 |
Returns & Margins
| ROA | -552.21% |
| Gross Margin | -26.28% |
| Operating Margin | -1252.63% |
Ownership
| Insider Ownership | 34.68% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 10.19 |
| P/B | -0.56 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.62 |
| SMA50 | $0.68 |
| SMA200 | $2.33 |
| RSI | 44.49 |
| ATR | 0.0656 |
| Shares Float | 8.11M |
| Volatility | -0.83 |
| Rel Volume | 1.87 |
Performance History
| Week | +2.46% |
| Month | -20.14% |
| Quarter | -26.94% |
| 6 Months | -78.50% |
| YTD | -67.06% |
| Year | -95.26% |
| 3 Years | -98.65% |
| 10 Years | -97.17% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-03 | $0.58 | 62,300 |
| 2026-06-02 | $0.65 | 20,000 |
| 2026-06-01 | $0.55 | 23,400 |
| 2026-05-29 | $0.59 | 46,700 |
| 2026-05-28 | $0.57 | 15,600 |
| 2026-05-27 | $0.57 | 13,400 |
| 2026-05-26 | $0.62 | 9,500 |
| 2026-05-22 | $0.59 | 15,000 |
| 2026-05-21 | $0.58 | 32,500 |
| 2026-05-20 | $0.60 | 51,900 |
| 2026-05-19 | $0.59 | 89,200 |
| 2026-05-18 | $0.66 | 15,400 |
| 2026-05-15 | $0.65 | 61,000 |
| 2026-05-14 | $0.60 | 17,400 |
| 2026-05-13 | $0.64 | 47,500 |
| 2026-05-12 | $0.72 | 20,900 |
| 2026-05-11 | $0.67 | 37,500 |
| 2026-05-08 | $0.65 | 19,600 |
| 2026-05-07 | $0.64 | 12,900 |
| 2026-05-06 | $0.66 | 53,800 |
| 2026-05-05 | $0.68 | 39,500 |
| 2026-05-04 | $0.73 | 25,500 |
About VERSES AI Inc.
VERSES AI Inc., a cognitive computing company, engages in building system software in Canada. It focuses on developing Genius, an intelligence-as-a-service smart software platform that is designed to enable agentic intelligence for enterprises. The company was formerly known as Verses Technologies Inc. and changed its name to VERSES AI Inc. in March 2023. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.
Period:
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Income Statement (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $631,691 | $1,699,170 | $1,135,548 | $2,384,047 |
| Cost Of Revenue | $631,691 | $1,699,170 | $1,135,548 | $2,384,047 |
| Total Revenue | $155,000 | $1,966,731 | $1,605,104 | $2,773,841 |
| Operating Revenue | $155,000 | $1,966,731 | $1,605,104 | $2,773,841 |
| Expenses | ||||
| Interest Expense | $1,953,499 | $552,359 | $131,793 | $160,806 |
| Total Expenses | $42,221,918 | $43,824,513 | $20,950,454 | $6,652,192 |
| Rent Expense Supplemental | $90,965 | $26,838 | $27,549 | $81,010 |
| Other Income Expense | $908,213 | $-9,921,298 | $5,532 | $-4,856,544 |
| Other Non Operating Income Expenses | $60,000 | - | $5,532 | $377,737 |
| Net Non Operating Interest Income Expense | $-1,834,019 | $-312,066 | $-113,020 | $-144,766 |
| Interest Expense Non Operating | $1,953,499 | $552,359 | $131,793 | $160,806 |
| Operating Expense | $41,590,227 | $42,125,343 | $19,814,906 | $4,268,145 |
| Other Operating Expenses | $4,887,503 | $8,739,270 | $1,189,570 | $669,248 |
| General And Administrative Expense | $21,421,690 | $21,100,038 | $10,749,683 | $2,941,428 |
| Selling And Marketing Expense | - | $4,328,186 | $1,757,983 | $628,079 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Net Interest Income | $-1,834,019 | $-312,066 | $-113,020 | $-144,766 |
| Interest Income | $119,480 | $240,293 | $18,773 | $16,040 |
| Normalized Income | $-43,840,937 | $-43,660,556 | $-19,458,438 | $-5,018,885 |
| Net Income From Continuing And Discontinued Operation | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Net Income Common Stockholders | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Net Income | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Net Income Including Noncontrolling Interests | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Net Income Continuous Operations | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Pretax Income | $-42,992,724 | $-52,091,146 | $-19,452,838 | $-8,879,661 |
| Special Income Charges | $848,213 | $-9,921,298 | $0 | $-5,352,659 |
| Interest Income Non Operating | $119,480 | $240,293 | $18,773 | $16,040 |
| Operating Income | $-42,066,918 | $-41,857,782 | $-19,345,350 | $-3,878,351 |
| Depreciation Amortization Depletion Income Statement | $172,425 | $261,747 | $236,130 | $29,390 |
| Depreciation And Amortization In Income Statement | $172,425 | $261,747 | $236,130 | $29,390 |
| Depreciation Income Statement | $172,425 | $261,747 | $236,130 | $29,390 |
| Gross Profit | $-476,691 | $267,561 | $469,556 | $389,794 |
| Per Share | ||||
| Diluted EPS | $-16.47 | $-28.32 | $-4.86 | $-0.77 |
| Basic EPS | $-16.47 | $-28.32 | $-4.86 | $-0.77 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $-1,488,195 | $0 | $-1,371,905 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-41,715,013 | $-41,355,742 | $-19,084,915 | $-3,455,184 |
| Total Unusual Items | $848,213 | $-9,921,298 | $0 | $-5,234,281 |
| Total Unusual Items Excluding Goodwill | $848,213 | $-9,921,298 | $0 | $-5,234,281 |
| Reconciled Depreciation | $172,425 | $261,747 | $236,130 | $29,390 |
| EBITDA (Bullshit earnings) | $-40,866,800 | $-51,277,040 | $-19,084,915 | $-8,689,465 |
| EBIT | $-41,039,225 | $-51,538,787 | $-19,321,045 | $-8,718,855 |
| Diluted Average Shares | $2,608,523 | $1,840,046 | $1,845,778 | $11,495,648 |
| Basic Average Shares | $2,608,523 | $1,840,046 | $1,845,778 | $11,495,648 |
| Diluted NI Availto Com Stockholders | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Tax Provision | $0 | $2,513 | $5,600 | $1,600 |
| Other Special Charges | $-848,213 | $9,921,298 | - | - |
| Other Taxes | $-33,933 | $0 | - | - |
| Research And Development | $15,142,542 | $12,024,288 | $5,881,540 | $0 |
| Selling General And Administration | $21,421,690 | $21,100,038 | $12,507,666 | $3,569,507 |
| Other Gand A | $10,069,556 | $9,509,220 | $5,061,943 | $1,817,669 |
| Rent And Landing Fees | $90,965 | $26,838 | $27,549 | $81,010 |
| Salaries And Wages | $11,261,169 | $11,563,980 | $5,660,191 | $1,042,749 |
| Restructuring And Mergern Acquisition | - | - | $0 | $5,352,659 |
| Gain On Sale Of Security | - | - | - | $118,378 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-8,868,756 | $-11,676,112 | $841,373 | $6,715,939 |
| Total Assets | $6,376,575 | $3,827,306 | $8,640,747 | $9,028,388 |
| Total Non Current Assets | $193,493 | $332,195 | $604,873 | $451,974 |
| Non Current Accounts Receivable | $68,080 | $64,936 | $261,022 | - |
| Current Assets | $6,183,082 | $3,495,111 | $8,035,874 | $8,576,414 |
| Current Deferred Assets | $118,546 | $80,993 | $0 | - |
| Prepaid Assets | $636,064 | $794,351 | $1,442,677 | $354,581 |
| Inventory | $6,654 | $0 | - | - |
| Receivables | $604,912 | $1,727,040 | $2,195,916 | $1,757,842 |
| Taxes Receivable | $604,912 | $374,964 | $204,815 | $26,553 |
| Accounts Receivable | $0 | $100,000 | $35,000 | $143,000 |
| Cash Cash Equivalents And Short Term Investments | $4,816,906 | $892,727 | $4,397,281 | $6,369,903 |
| Cash And Cash Equivalents | $4,816,906 | $892,727 | $4,397,281 | $6,369,903 |
| Cash Financial | $4,816,906 | $892,727 | $4,397,281 | $6,369,903 |
| Other Receivables | - | $1,252,076 | $1,350,435 | $1,402,035 |
| Restricted Cash | - | - | $0 | $94,088 |
| Non Current Prepaid Assets | - | - | - | $354,581 |
| Debt | ||||
| Total Debt | $139,039 | $2,140,904 | $5,157,538 | $366,166 |
| Long Term Debt And Capital Lease Obligation | $139,039 | $140,904 | $143,331 | $250,872 |
| Long Term Debt | $139,039 | $140,904 | $143,331 | $145,743 |
| Net Debt | - | $1,248,177 | $651,384 | - |
| Current Debt And Capital Lease Obligation | - | $2,000,000 | $5,014,207 | $115,294 |
| Current Debt | - | $2,000,000 | $4,905,334 | - |
| Other Current Borrowings | - | $2,000,000 | $4,905,334 | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $15,245,331 | $15,503,418 | $7,799,374 | $2,312,449 |
| Total Non Current Liabilities Net Minority Interest | $139,039 | $140,904 | $143,331 | $250,872 |
| Current Liabilities | $15,106,292 | $15,362,514 | $7,656,043 | $2,061,577 |
| Other Current Liabilities | $3,911,823 | $576,214 | $1,327,537 | $1,000,000 |
| Current Deferred Liabilities | $167,732 | $0 | $65,000 | $326,321 |
| Current Notes Payable | $0 | $2,000,000 | $0 | - |
| Payables And Accrued Expenses | $2,078,652 | $2,865,002 | $1,249,299 | $619,962 |
| Payables | $2,036,916 | $2,782,502 | $1,175,409 | $539,532 |
| Accounts Payable | $2,036,916 | $2,782,502 | $1,175,409 | $539,532 |
| Equity | ||||
| Common Stock Equity | $-8,868,756 | $-11,676,112 | $841,373 | $6,715,939 |
| Total Equity Gross Minority Interest | $-8,868,756 | $-11,676,112 | $841,373 | $6,715,939 |
| Stockholders Equity | $-8,868,756 | $-11,676,112 | $841,373 | $6,715,939 |
| Gains Losses Not Affecting Retained Earnings | $-675,018 | $-920,958 | $-636,527 | $-234,186 |
| Other Equity Adjustments | $-675,018 | $-920,958 | $-636,527 | $-234,186 |
| Retained Earnings | $-129,562,625 | $-86,569,901 | $-34,476,242 | $-15,017,804 |
| Other Equity Interest | - | - | $83,456 | - |
| Other | ||||
| Ordinary Shares Number | $2,608,523 | $13,205,318 | $12,066,886 | $11,495,648 |
| Share Issued | $2,608,523 | $13,205,318 | $12,066,886 | $11,495,648 |
| Tangible Book Value | $-8,868,756 | $-11,676,112 | $841,373 | $6,715,939 |
| Invested Capital | $-8,729,717 | $-9,535,208 | $5,890,038 | $6,861,682 |
| Working Capital | $-8,923,210 | $-11,867,403 | $379,831 | $6,514,837 |
| Total Capitalization | $-8,729,717 | $-11,535,208 | $984,704 | $6,861,682 |
| Additional Paid In Capital | $15,891,737 | $13,342,560 | $5,606,507 | $1,583,782 |
| Capital Stock | $105,477,150 | $62,472,187 | $30,264,179 | $20,384,147 |
| Common Stock | $105,477,150 | $62,472,187 | $30,264,179 | $20,384,147 |
| Current Deferred Revenue | $167,732 | $0 | $65,000 | $326,321 |
| Current Provisions | $8,948,085 | $9,921,298 | - | - |
| Current Accrued Expenses | $41,736 | $82,500 | $73,890 | $80,430 |
| Duefrom Related Parties Non Current | $68,080 | $64,936 | $261,022 | - |
| Net PPE | $125,413 | $267,259 | $343,851 | $451,974 |
| Accumulated Depreciation | $-455,338 | $-282,913 | $-130,177 | $-19,822 |
| Gross PPE | $580,751 | $550,172 | $474,028 | $471,796 |
| Other Properties | $580,751 | $550,172 | $365,017 | $251,729 |
| Work In Process | $6,654 | $0 | - | - |
| Capital Lease Obligations | - | $0 | $108,873 | $220,423 |
| Current Capital Lease Obligation | - | $0 | $108,873 | $115,294 |
| Buildings And Improvements | - | $0 | $109,011 | $220,067 |
| Properties | - | $0 | $0 | $0 |
| Duefrom Related Parties Current | - | $983,120 | $605,666 | $186,254 |
| Long Term Capital Lease Obligation | - | - | $0 | $105,129 |
| Machinery Furniture Equipment | - | - | $365,017 | $251,729 |
| Dueto Related Parties Current | - | - | - | $0 |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-33,121,666 | $-29,778,662 | $-16,855,665 | $-6,609,559 |
| Operating Activities | ||||
| Operating Cash Flow | $-33,091,087 | $-29,593,507 | $-16,707,633 | $-6,357,830 |
| Cash Flow From Continuing Operating Activities | $-33,091,087 | $-29,593,507 | $-16,707,633 | $-6,357,830 |
| Operating Gains Losses | - | $154,109 | $371,507 | - |
| Investing Activities | ||||
| Capital Expenditure | $-30,579 | $-185,155 | $-148,032 | $-251,729 |
| Investing Cash Flow | $-510,387 | $-1,255,737 | $-828,466 | $1,043,475 |
| Cash Flow From Continuing Investing Activities | $-510,387 | $-1,255,737 | $-828,466 | $1,043,475 |
| Net Other Investing Changes | $-479,808 | $-1,070,582 | $-680,434 | - |
| Financing Activities | ||||
| Issuance Of Capital Stock | $32,223,966 | $27,357,726 | $11,774,713 | $13,214,404 |
| Financing Cash Flow | $37,658,432 | $27,538,420 | $15,871,730 | $11,141,247 |
| Cash Flow From Continuing Financing Activities | $37,658,432 | $27,538,420 | $15,871,730 | $11,141,247 |
| Net Other Financing Charges | $-2,558,428 | $-1,697,576 | $-1,308,785 | $89,174 |
| Net Common Stock Issuance | $32,223,966 | $27,357,726 | $11,774,713 | $13,214,404 |
| Common Stock Issuance | $32,223,966 | $27,357,726 | $11,774,713 | $13,214,404 |
| Other | ||||
| Repayment Of Debt | $-2,007,106 | $-121,730 | $-139,528 | $-2,437,331 |
| Issuance Of Debt | $10,000,000 | $2,000,000 | $5,545,330 | $275,000 |
| Interest Paid Supplemental Data | $5,241 | $5,325 | $11,530 | $2,022 |
| End Cash Position | $4,816,906 | $892,727 | $4,397,281 | $6,463,991 |
| Beginning Cash Position | $892,727 | $4,397,281 | $6,463,991 | $871,285 |
| Effect Of Exchange Rate Changes | $-132,779 | $-193,730 | $-402,341 | $-234,186 |
| Changes In Cash | $4,056,958 | $-3,310,824 | $-1,664,369 | $5,826,892 |
| Net Issuance Payments Of Debt | $7,992,894 | $1,878,270 | $5,405,802 | $-2,162,331 |
| Net Short Term Debt Issuance | $0 | $2,000,000 | - | $0 |
| Short Term Debt Issuance | $0 | $2,000,000 | - | $0 |
| Net Long Term Debt Issuance | $7,992,894 | $-121,730 | $5,405,802 | $-2,162,331 |
| Long Term Debt Payments | $-2,007,106 | $-121,730 | $-139,528 | $-2,437,331 |
| Long Term Debt Issuance | $10,000,000 | $0 | $5,545,330 | $275,000 |
| Net PPE Purchase And Sale | $-30,579 | $-185,155 | $-148,032 | $-251,729 |
| Purchase Of PPE | $-30,579 | $-185,155 | $-148,032 | $-251,729 |
| Change In Working Capital | $-708,733 | $1,981,246 | $-738,742 | $-2,522,971 |
| Change In Other Working Capital | $62,447 | $-145,993 | $-261,321 | $-300,275 |
| Change In Payables And Accrued Expense | $-792,865 | $1,615,703 | $629,337 | $-200,910 |
| Change In Prepaid Assets | $158,287 | $648,326 | $-1,088,096 | $-295,304 |
| Change In Receivables | $-136,602 | $-136,790 | $-18,662 | $-1,726,482 |
| Changes In Account Receivables | $100,000 | $-65,000 | $108,000 | $-137,310 |
| Other Non Cash Items | $1,825,355 | $552,359 | $151,714 | $5,017,012 |
| Stock Based Compensation | $7,728,919 | $7,911,168 | $3,077,575 | $0 |
| Provisionand Write Offof Assets | $883,671 | $11,793,632 | $0 | - |
| Depreciation Amortization Depletion | $172,425 | $261,747 | $236,130 | $29,390 |
| Depreciation And Amortization | $172,425 | $261,747 | $236,130 | $29,390 |
| Depreciation | $172,425 | $261,747 | $236,130 | $29,390 |
| Net Income From Continuing Operations | $-42,992,724 | $-52,093,659 | $-19,458,438 | $-8,881,261 |
| Change In Other Current Assets | - | $-80,993 | $0 | - |
| Asset Impairment Charge | - | $0 | $24,128 | - |
| Net Foreign Currency Exchange Gain Loss | - | $154,109 | $0 | - |
| Income Tax Paid Supplemental Data | - | - | $0 | $0 |
| Net Business Purchase And Sale | - | - | $0 | $1,295,204 |
| Sale Of Business | - | - | $0 | $1,295,204 |
| Gain Loss On Investment Securities | - | - | $371,507 | - |
| Proceeds From Stock Option Exercised | - | - | - | $13,214,404 |
| Short Term Debt Payments | - | - | - | $0 |
Fetched: 2026-02-02