Growth Metrics

Versus Systems (VS) Amortization (2019 - 2023)

Versus Systems posted quarterly Amortization of $12.6 million for Q3 2023, down 37.2% year-on-year from $20.1 million in Q3 2022, and down 9.74% on a QoQ basis from $14.0 million in Q2 2023.

Versus Systems (VS) has 5 years of Amortization data on file, last reported at $12.6 million in Q3 2023.

  • For the quarter ending Q3 2023, Amortization fell 37.2% year-over-year to $12.6 million; the trailing twelve-month figure through Sep 2023 stood at $12.6 million (down 37.2% YoY), and the FY2022 full-year result was $11.9 million, down 47.57% from the prior year.
  • Amortization for Q3 2023 stood at $12.6 million, down from $14.0 million in the prior quarter.
  • Across five years, Amortization topped out at $35.1 million in Q4 2021 and bottomed at -$11.4 million in Q1 2021.
  • The 5-year median for Amortization is $2.4 million (2019), against an average of $7.7 million.
  • The widest annual swing landed in 2021, when Amortization sank 494.41%; it then surged 1372.13% in 2022.
  • A 5-year view of Amortization shows it stood at $2.4 million in 2019, then soared by 94.86% to $4.7 million in 2020, then surged by 653.31% to $35.1 million in 2021, then slipped by 14.03% to $30.1 million in 2022, then sank by 58.19% to $12.6 million in 2023.
  • The last three Amortization figures came in at $12.6 million (Q3 2023), $14.0 million (Q2 2023), and -$1.3 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortization (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn -
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn -
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 Versus Systems 5.24 Mn -3.59 Mn 17,300.00 -

Historic Data

Download Data 🔒
DateValue
Sep 30, 2023 12.61 Mn
Sep 30, 2023 12.61 Mn
Jun 30, 2023 13.97 Mn
Jun 30, 2023 13.97 Mn
Mar 31, 2023 15.90 Mn
Mar 31, 2023 15.90 Mn
Dec 31, 2022 -11.67 Mn
Dec 31, 2022 -11.67 Mn
Sep 30, 2022 20.07 Mn
Sep 30, 2022 20.07 Mn
Jun 30, 2022 -3.23 Mn
Jun 30, 2022 -3.23 Mn
Mar 31, 2022 -3.36 Mn
Mar 31, 2022 -3.36 Mn
Dec 31, 2021 35.07 Mn
Dec 31, 2021 35.07 Mn
Sep 30, 2021 23.39 Mn
Sep 30, 2021 23.39 Mn
Jun 30, 2021 20.87 Mn
Jun 30, 2021 20.87 Mn
Mar 31, 2021 -11.38 Mn
Mar 31, 2021 -11.38 Mn
Dec 31, 2020 4.66 Mn
Dec 31, 2020 4.66 Mn
Jun 30, 2020 -2.11 Mn
Jun 30, 2020 -2.11 Mn
Mar 31, 2020 -1.91 Mn
Mar 31, 2020 -1.91 Mn
Dec 31, 2019 2.39 Mn
Dec 31, 2019 2.39 Mn