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Side-by-side financial comparison of Amber International Holding Ltd (AMBR) and Versus Systems Inc. (VS). Click either name above to swap in a different company.

Versus Systems Inc. is the larger business by last-quarter revenue ($2.2M vs $1.9M, roughly 1.2× Amber International Holding Ltd). Amber International Holding Ltd runs the higher net margin — 87.5% vs -44.7%, a 132.2% gap on every dollar of revenue.

Amber Road, Inc. (NYSE: AMBR) was a US-based software company specializing in Global Trade Management (GTM) solutions. It was acquired by E2open in 2019.

Versus Systems Inc. operates a proprietary interactive reward platform that integrates with video games, streaming content, live sports broadcasts and mobile apps. It enables content creators and brands to offer personalized real-time prizes to audiences across North America and global digital entertainment markets.

AMBR vs VS — Head-to-Head

Bigger by revenue
VS
VS
1.2× larger
VS
$2.2M
$1.9M
AMBR
Higher net margin
AMBR
AMBR
132.2% more per $
AMBR
87.5%
-44.7%
VS

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AMBR
AMBR
VS
VS
Revenue
$1.9M
$2.2M
Net Profit
$1.6M
$-964.9K
Gross Margin
39.9%
0.2%
Operating Margin
1.5%
-54.2%
Net Margin
87.5%
-44.7%
Revenue YoY
Net Profit YoY
-19.2%
EPS (diluted)
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMBR
AMBR
VS
VS
Q4 25
$2.2M
Q3 25
$0
Q2 25
$1.9M
$-176.0K
Q4 24
$0
Q2 23
$157.9K
Q3 22
$316.8K
Q2 22
$250.7K
Net Profit
AMBR
AMBR
VS
VS
Q4 25
$-964.9K
Q3 25
$-537.8K
Q2 25
$1.6M
$672.3K
Q4 24
$-809.5K
Q2 23
$-2.3M
Q3 22
$-3.5M
Q2 22
$-3.2M
Gross Margin
AMBR
AMBR
VS
VS
Q4 25
0.2%
Q3 25
Q2 25
39.9%
Q4 24
Q2 23
79.5%
Q3 22
Q2 22
Operating Margin
AMBR
AMBR
VS
VS
Q4 25
-54.2%
Q3 25
Q2 25
1.5%
Q4 24
Q2 23
-840.1%
Q3 22
Q2 22
Net Margin
AMBR
AMBR
VS
VS
Q4 25
-44.7%
Q3 25
Q2 25
87.5%
-382.0%
Q4 24
Q2 23
-1462.9%
Q3 22
-1107.9%
Q2 22
-1287.1%
EPS (diluted)
AMBR
AMBR
VS
VS
Q4 25
Q3 25
Q2 25
$0.02
$0.14
Q4 24
$-0.27
Q2 23
$-2.41
Q3 22
$-1.79
Q2 22
$-1.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMBR
AMBR
VS
VS
Cash + ST InvestmentsLiquidity on hand
$25.8M
$527.4K
Total DebtLower is stronger
Stockholders' EquityBook value
$91.3M
$10.2M
Total Assets
$248.2M
$2.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMBR
AMBR
VS
VS
Q4 25
$527.4K
Q3 25
Q2 25
$25.8M
Q4 24
$3.1M
Q2 23
$3.2M
Q3 22
$1.0M
Q2 22
$1.9M
Stockholders' Equity
AMBR
AMBR
VS
VS
Q4 25
$10.2M
Q3 25
$11.1M
Q2 25
$91.3M
$11.7M
Q4 24
$11.4M
Q2 23
$6.4M
Q3 22
$14.1M
Q2 22
$15.3M
Total Assets
AMBR
AMBR
VS
VS
Q4 25
$2.1M
Q3 25
$3.1M
Q2 25
$248.2M
$3.8M
Q4 24
$3.5M
Q2 23
$9.5M
Q3 22
$17.7M
Q2 22
$18.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMBR
AMBR
VS
VS
Operating Cash FlowLast quarter
$-4.1M
$-568.6K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-2.49×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMBR
AMBR
VS
VS
Q4 25
$-568.6K
Q3 25
$24.7K
Q2 25
$-4.1M
$-867.5K
Q4 24
$-716.6K
Q2 23
$-1.3M
Q3 22
$-1.7M
Q2 22
$-2.9M
Cash Conversion
AMBR
AMBR
VS
VS
Q4 25
Q3 25
Q2 25
-2.49×
-1.29×
Q4 24
Q2 23
Q3 22
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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