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Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
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VERSES (VERS) investor relations material
VERSES Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary14 Aug, 2025
Executive summary
Launched flagship Genius platform, targeting enterprise AI with SaaS model; public beta expanded in 2024 and full launch in April 2025.
Closed a public offering in July 2025, raising $7.0M, and continued to invest in R&D and product development.
Ongoing legal proceedings, including a $9.9M arbitration award confirmed in May 2025, with insurance proceeds partially offsetting liability.
Financial highlights
Revenue for Q2 2025 was $300,000, up from $0 in Q2 2024, driven by the first Genius Platform customer.
Net loss for Q2 2025 was $9.64M, a 9% improvement from $10.56M in Q2 2024.
Operating expenses decreased 3% year-over-year to $9.99M, with lower consulting and contract settlement costs offset by higher share-based payments and legal fees.
Cash balance at June 30, 2025 was $3.26M, down from $4.82M at March 31, 2025.
Working capital deficit increased to $10.71M from $8.92M at prior year-end.
Outlook and guidance
Management expects continued investment in R&D and marketing to drive Genius adoption.
Ongoing need for additional financing to support operations and growth; substantial doubt remains about ability to continue as a going concern without further capital.
Anticipates further product enhancements and customer acquisition for Genius platform.
What's the status of Genius 1.0 launch?
Assess impact of legal claim on VTU.
Explain the increase in share-based payments.
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Next VERSES earnings date
Q2 202612 Nov, 2025
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Frequently asked questions
VERSES AI Inc is a Canadian technology company focused on spatial computing and artificial intelligence. It develops software platforms that enable contextualized data interaction and dynamic digital environments using AI, knowledge graphs, and 3D simulation. The company's solutions are used in sectors such as logistics, smart cities, and industrial automation. It is headquartered in Vancouver, British Columbia, and its shares are listed on the NEO.
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