Financials in USD. Standardized financial statements.
A compact view of how Verses Ai Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $2.18M | $57,288 | $271,169 | $1.61M | $2.77M | $102,241 | $125,000 | $160,000 |
| Revenue Growth? | +3711.3% | -78.9% | -83.1% | -42.1% | +2613.0% | -18.2% | -21.9% | 0.0% |
| Cost of Revenue? | $555,326 | $40,277 | $103,067 | $1.14M | $2.38M | $697,880 | $377,119 | $0 |
| Gross Profit? | $2.17M | $17,011 | $168,102 | $469,556 | $389,794 | -$595,639 | -$252,118 | $160,000 |
| Gross Margin? | +99.2% | +29.7% | +62.0% | +29.3% | +14.1% | -582.6% | -201.7% | +100.0% |
| Operating Expenses? | $4.33M | $4.56M | $10.92M | $19.81M | $4.27M | $1.97M | $1.29M | $1.85M |
| Operating Income? | -$2.16M | -$4.54M | -$10.75M | -$19.32M | -$3.48M | -$2.57M | -$1.54M | -$1.69M |
| EBITDA? | -$25.78M | -$4.54M | -$10.75M | -$19.08M | -$3.46M | -$2.57M | $0 | $0 |
| Income Before Tax | -$2.14M | -$4.55M | -$10.51M | -$19.45M | -$8.88M | -$2.66M | -$1.83M | -$1.78M |
| Income Tax Expense | -$1,596 | -$24,226 | $0 | $5,600 | $1,600 | $0 | $0 | $0 |
| Net Income? | -$25.83M | -$4.04M | -$10.51M | -$19.46M | -$8.88M | -$2.66M | -$1.83M | -$1.78M |
| EPS? | $-0.37 | $-1.54 | $-11.52 | $-0.17 | $-0.09 | $-0.03 | $0.00 | $0.00 |
| Diluted EPS? | $-0.37 | $-1.54 | $-11.52 | $-0.17 | $-0.09 | $-0.03 | $0.00 | $0.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality