Added to YB: 2025-02-19
Pitch date: 2025-02-17
VERS.NE [neutral]
VERSES AI Inc.
-91.8%
current return
Author Info
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Company Info
VERSES AI Inc., a cognitive computing company, engages in building system software in Canada. The company offers Genius, a computing system to generate models for automated solutions.
Market Cap
CAD 185.2M
Pitch Price
CAD 36.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
-4.60
P/E
-2.75
EV/Sales
148.79
Sector
Software
Category
N/A
Verses AI ($VERS.N) FINS Review
VERS.NE (0.5/5 stars): Pre-revenue AI co with poor financials. Q3: $0 rev, $24.2M OCF burn YTD. 0.19 current ratio, $27.4M short-term liabilities. Dilutive raises, high SBC. Promising AI challenge results, but lack of major partnerships/contracts. Concerns over management, cash burn, and past embellishments. Skepticism warranted.
Read full article (8 min)