Versus Systems Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Luis Goldner

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	5.3yrs
Board average tenure	5.2yrs

Recent management updates

Shareholders Will Probably Hold Off On Increasing Versus Systems Inc.'s (NASDAQ:VS) CEO Compensation For The Time Being

May 24

Recent updates

Shareholders Will Probably Hold Off On Increasing Versus Systems Inc.'s (NASDAQ:VS) CEO Compensation For The Time Being

May 24

Versus Systems slides after proposes to raise $2.16M capital via registered direct offering

Jul 14

CEO

Luis Goldner (55 yo)

less than a year

Tenure

Mr. Luis Claudio Goldner serves as Director and Chief Executive Officer of Versus Systems Inc. from October 25, 2024 and served as Independent Director of Versus Systems Inc. since 2024 and also served as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Luis Goldner	CEO & Director	less than a year	no data	no data
Geoff Deller	Chief Financial Officer	less than a year	no data	no data
Christian Miranda	Head of Accounts	no data	US$174.08k	no data
John Magee	Vice President of Corporate Development	no data	no data	no data
Laura Webb	Head of Marketing	5.3yrs	no data	no data
John O'Connell	Head of Developer Relations & Advisor	no data	no data	no data
Kelsey Chin	Corporate Secretary	8.2yrs	no data	no data
Careen Yapp	Business Development Consultant & Member of Advisory Board	8.4yrs	no data	no data

5.3yrs

Average Tenure

55yo

Average Age

Experienced Management: VS's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Luis Goldner	CEO & Director	less than a year	no data	no data
Careen Yapp	Business Development Consultant & Member of Advisory Board	8.4yrs	no data	no data
Aaron Lassila	Member of Advisory Board	5.2yrs	no data	no data
Avril Millar	Member of Advisory Board	7.8yrs	no data	no data
Juan Barrera	Independent Chairman	less than a year	no data	no data
Javon Frazier	Member of Advisory Board	6.4yrs	no data	no data
Kurt Spenser	Member of Advisory Board	5.5yrs	no data	no data
Jay Tucker	Member of Advisory Board	5.3yrs	no data	no data
David Spiegel	Member of Advisory Board	4.3yrs	no data	no data
David Catzel	Independent Director	less than a year	no data	no data
Aric Spitulnik	Independent Director	less than a year	no data	no data

5.2yrs

Average Tenure

60yo

Average Age

Experienced Board: VS's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 06:36
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Versus Systems Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Douglas Ibbitson	Haywood Securities Inc.
Scott Buck	H.C. Wainwright & Co.

Versus Systems Management

Management criteria checks 2/4

Key information

Recent management updates

Versus Systems, Inc. Announces the Appointment of Geoff Deller as Interim Chief Financial Officer

Versus Systems Inc. Accepts the Resignation of Craig Finster as CFO

Shareholders Will Probably Hold Off On Increasing Versus Systems Inc.'s (NASDAQ:VS) CEO Compensation For The Time Being

Versus Systems Inc., Annual General Meeting, May 30, 2024

Versus Systems Inc., Annual General Meeting, Dec 29, 2023

Insufficient new directors

Recent updates

Third quarter 2024 earnings released: US$0.21 loss per share (vs US$2.35 loss in 3Q 2023)

Versus Systems Notifies Nasdaq Regarding the Company's Non Compliance with the Audit Committee Requirement

Versus Systems Provides Non Compliance Update Regarding Nasdaq Listing Rule 5550(b)(1)

Versus Systems Receives Nasdaq Notification Regarding Minimum Stockholders’ Equity Deficiency

Second quarter 2024 earnings released: US$0.60 loss per share (vs US$3.05 loss in 2Q 2023)

Versus Systems, Inc. Announces the Appointment of Geoff Deller as Interim Chief Financial Officer

Versus Systems Inc. Accepts the Resignation of Craig Finster as CFO

Shareholders Will Probably Hold Off On Increasing Versus Systems Inc.'s (NASDAQ:VS) CEO Compensation For The Time Being

First quarter 2024 earnings released: US$0.60 loss per share (vs US$2.58 loss in 1Q 2023)

Full year 2023 earnings released: US$10.44 loss per share (vs US$210 loss in FY 2022)

Versus Systems Inc., Annual General Meeting, May 30, 2024

Versus Systems Regains Compliance with Nasdaq Minimum Bid Price Requirement

Versus Systems Inc., Annual General Meeting, Dec 29, 2023

Third quarter 2023 earnings released: US$0.15 loss per share (vs US$2.12 loss in 3Q 2022)

New major risk - Share price stability

Insufficient new directors

Second quarter 2023 earnings released: US$0.22 loss per share (vs US$3.18 loss in 2Q 2022)

Versus Systems Receives Additional 180 Calendar Day Extension from Nasdaq to Regain Compliance with Minimum Bid Price Requirement

Versus Systems Inc. Launches Sign Up for Real-Money Skill-Based Gaming Beta Test

Versus Systems Launches New Self-Service, Ai-Powered, Rewarded Advertising Platform

First quarter 2023 earnings released: US$0.16 loss per share (vs US$2.03 loss in 1Q 2022)

Full year 2022 earnings released: US$13.11 loss per share (vs US$15.11 loss in FY 2021)

Versus Systems Inc., Annual General Meeting, Feb 15, 2023

Versus Systems Inc. has completed a Composite Units Offering in the amount of $2.1 million.

Versus Systems Regains Compliance with Nasdaq Minimum Bid Price Requirement

Versus Systems Inc. to Launch Click Play Win, an Interactive Advertising Campaign Tool Combining Games and Rewards

Versus Systems Inc. announced that it has received $1.119373 million in funding from Outblaze Limited

Versus Systems Inc. Appoints Ms. Shannon Pruitt to Its Board of Directors

Versus Systems Expands into Corporate Meeting and Events with First Activation for Finastra

Versus Systems Inc. has completed a Follow-on Equity Offering in the amount of $2.155196 million.

Versus Systems slides after proposes to raise $2.16M capital via registered direct offering

Versus Systems Inc. has completed a Composite Units Offering in the amount of $7 million.

Versus Systems Inc. has completed a Composite Units Offering in the amount of $7 million.

Versus Systems Inc. Launches Shopify App to Add Ecommerce and Small Business Rewards

Versus Systems Inc. (NasdaqCM:VS) completed the acquisition of Xcite Interactive, Inc.

Versus Systems Successfully Tests Rewards with Canelo Alvarez, Crush

Versus Systems Inc. (NasdaqCM:VS) entered into a definitive agreement to acquire Xcite Interactive, Inc. for $15.9 million.

Versus Systems to Power Second Screen Engagement in Canelo Alvarez Title Fight on May 8Th

Versus Systems Inc. announced delayed 20-F filing

Versus Systems Inc. Announces Strategic Partnership with Frias Agency

Versus Systems Announces Voluntary Delisting from CSE

Versus Systems Partners With Xcite Interactive to Bring Patented Rewards Platform to Television and Streaming

Versus Systems Inc. has completed a Composite Units Offering in the amount of $9.6 million.

Versus Systems Partners with Sparx Technology for Rewards in Live Television Events

Versus Systems Inc. announced that it has received CAD 2.5 million in funding

Versus Systems Inc. Announces Partnership with BTC Studios S.A

Versus Systems Partners with Predictmedix to Develop Products for Healthcare Applications in the Clinical Trial Market

Versus Systems Inc. announced that it has received CAD 0.690125 million in funding

Versus Systems Inc. Auditor Raises 'Going Concern' Doubt

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources