Verses Ai Inc. (VRSSF) intrinsic value & 10-year financials

Verses Ai Inc. (VRSSF) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue shrank 92.1% a year to $155.0K, with an average return on invested capital of 579.7%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$0.25
Revenue (FY2025)
$155.0K
Revenue growth (4-yr CAGR)
-92.1%
ROIC (10-yr avg)
579.7%
Free cash flow (FY2025)
-$33.1M

VRSSF 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $155.0K -$43.0M — -$33.1M -26953.5% 418.5%
FY2024 $2.0M -$52.1M — -$29.8M -2041.0% 741.0%
FY2023 — — — — — —
FY2020 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Verses AI Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Verses AI Inc. has historically struggled to out-earn its cost of capital, averaging just 5.8% ROIC.

Verses AI Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Verses AI Inc. is modeled at -92.1% normalized earnings growth with a 5.1% bond-yield adjustment.

VRSSF stock: frequently asked questions

Does Verses Ai Inc. generate free cash flow?

Verses Ai Inc. generated -$33.1M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 2 reported years.

What is VRSSF's return on invested capital?

Average ROIC over the last 4 fiscal years was 579.7%, and average return on equity was 690.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this VRSSF data come from?

From Verses Ai Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Feb 20, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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