VERSES AI (VERSES AI) Net Margin % : -2,734.50% (As of Dec. 2023)

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What is VERSES AI Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. VERSES AI's Net Income for the three months ended in Dec. 2023 was $-14.90 Mil. VERSES AI's Revenue for the three months ended in Dec. 2023 was $0.55 Mil. Therefore, VERSES AI's net margin for the quarter that ended in Dec. 2023 was -2,734.50%.

The historical rank and industry rank for VERSES AI's Net Margin % or its related term are showing as below:

VRSSF' s Net Margin % Range Over the Past 10 Years
Min: -2043.47 Med: -766.26 Max: -320.13
Current: -2043.47

VRSSF's Net Margin % is ranked worse than
98.12% of 2761 companies
in the Software industry
Industry Median: 1.78 vs VRSSF: -2043.47

VERSES AI Net Margin % Historical Data

The historical data trend for VERSES AI's Net Margin % 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 Net Margin % Chart

VERSES AI Annual Data

Trend

Mar22

Mar23

Net Margin %

-320.15

-1,212.34

VERSES AI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial						-828.70	-1,344.90	-2,948.91	-1,430.23	-2,734.50

Competitive Comparison of VERSES AI's Net Margin %

For the Software - Infrastructure subindustry, VERSES AI's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Software Industry

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

* The bar in red indicates where VERSES AI's Net Margin % falls into.

VERSES AI Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

VERSES AI's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	-19.458	/	1.605
	=	-1,212.34 %

VERSES AI's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-14.903	/	0.545
	=	-2,734.50 %

VERSES AI (OTCPK:VRSSF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

VERSES AI Net Margin % Related Terms

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VERSES AI (VERSES AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VERSES AI Inc (OTCPK:VRSSF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

J9A:Germany VERS:Canada

Address

205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9

Website

https://www.verses.ai

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.