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VERSES AI (VERSES AI) Revenue : $1.77 Mil (TTM As of Dec. 2023)


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What is VERSES AI Revenue?

VERSES AI's revenue for the three months ended in Dec. 2023 was $0.55 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1.77 Mil. VERSES AI's Revenue per Share for the three months ended in Dec. 2023 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.01.

Warning Sign:

VERSES AI Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of VERSES AI was -26.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.


VERSES AI Revenue Historical Data

The historical data trend for VERSES AI's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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VERSES AI Revenue Chart

VERSES AI Annual Data
Trend Mar22 Mar23
Revenue
2.77 1.61

VERSES AI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.56 0.39 0.28 0.56 0.55

Competitive Comparison of VERSES AI's Revenue

For the Software - Infrastructure subindustry, VERSES AI's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VERSES AI's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, VERSES AI's Revenue distribution charts can be found below:

* The bar in red indicates where VERSES AI's Revenue falls into.



VERSES AI Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.77 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VERSES AI  (OTCPK:VRSSF) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


VERSES AI Revenue Related Terms

Thank you for viewing the detailed overview of VERSES AI's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


VERSES AI (VERSES AI) Business Description

Traded in Other Exchanges
Address
205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9
VERSES AI Inc is a cognitive computing company specializing in next-generation AI and developer of KOSM, the world's first network operating system for enabling distributed intelligence. KOSM generates a shared world model of contextualized data, policies, simulations, and workflows.