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Side-by-side financial comparison of SOCIETY PASS INCORPORATED. (SOPA) 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 $1.4M, roughly 1.6× SOCIETY PASS INCORPORATED.). Versus Systems Inc. runs the higher net margin — -44.7% vs -370.8%, a 326.2% gap on every dollar of revenue.

The Wilderness Society is an Australian, community-based, not-for-profit non-governmental environmental advocacy organisation.

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.

SOPA vs VS — Head-to-Head

Bigger by revenue
VS
VS
1.6× larger
VS
$2.2M
$1.4M
SOPA
Higher net margin
VS
VS
326.2% more per $
VS
-44.7%
-370.8%
SOPA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SOPA
SOPA
VS
VS
Revenue
$1.4M
$2.2M
Net Profit
$-5.1M
$-964.9K
Gross Margin
64.3%
0.2%
Operating Margin
-379.9%
-54.2%
Net Margin
-370.8%
-44.7%
Revenue YoY
-17.6%
Net Profit YoY
-271.5%
-19.2%
EPS (diluted)
$-0.89

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
SOPA
SOPA
VS
VS
Q4 25
$2.2M
Q3 25
$1.4M
$0
Q2 25
$2.5M
$-176.0K
Q1 25
$1.5M
Q4 24
$1.9M
$0
Q3 24
$1.7M
Q2 24
$1.7M
Q1 24
$1.8M
Net Profit
SOPA
SOPA
VS
VS
Q4 25
$-964.9K
Q3 25
$-5.1M
$-537.8K
Q2 25
$479.0K
$672.3K
Q1 25
$-1.8M
Q4 24
$-4.1M
$-809.5K
Q3 24
$-1.4M
Q2 24
$-1.9M
Q1 24
$-2.8M
Gross Margin
SOPA
SOPA
VS
VS
Q4 25
0.2%
Q3 25
64.3%
Q2 25
56.5%
Q1 25
31.6%
Q4 24
28.9%
Q3 24
21.8%
Q2 24
27.1%
Q1 24
26.7%
Operating Margin
SOPA
SOPA
VS
VS
Q4 25
-54.2%
Q3 25
-379.9%
Q2 25
-6.1%
Q1 25
-126.6%
Q4 24
-165.6%
Q3 24
-70.1%
Q2 24
-126.0%
Q1 24
-156.6%
Net Margin
SOPA
SOPA
VS
VS
Q4 25
-44.7%
Q3 25
-370.8%
Q2 25
19.1%
-382.0%
Q1 25
-124.9%
Q4 24
-217.5%
Q3 24
-82.2%
Q2 24
-113.3%
Q1 24
-153.8%
EPS (diluted)
SOPA
SOPA
VS
VS
Q4 25
Q3 25
$-0.89
Q2 25
$0.10
$0.14
Q1 25
$-0.44
Q4 24
$-1.03
$-0.27
Q3 24
$-0.48
Q2 24
$-0.73
Q1 24
$-1.21

Balance Sheet & Financial Strength

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

Metric
SOPA
SOPA
VS
VS
Cash + ST InvestmentsLiquidity on hand
$6.6M
$527.4K
Total DebtLower is stronger
Stockholders' EquityBook value
$13.9M
$10.2M
Total Assets
$32.9M
$2.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SOPA
SOPA
VS
VS
Q4 25
$527.4K
Q3 25
$6.6M
Q2 25
$8.2M
Q1 25
$7.1M
Q4 24
$7.6M
$3.1M
Q3 24
$4.2M
Q2 24
$833.9K
Q1 24
$1.6M
Stockholders' Equity
SOPA
SOPA
VS
VS
Q4 25
$10.2M
Q3 25
$13.9M
$11.1M
Q2 25
$2.4M
$11.7M
Q1 25
$-663.0K
Q4 24
$-2.1M
$11.4M
Q3 24
$862.6K
Q2 24
$2.4M
Q1 24
$3.5M
Total Assets
SOPA
SOPA
VS
VS
Q4 25
$2.1M
Q3 25
$32.9M
$3.1M
Q2 25
$29.2M
$3.8M
Q1 25
$22.9M
Q4 24
$21.3M
$3.5M
Q3 24
$17.0M
Q2 24
$13.0M
Q1 24
$13.3M

Cash Flow & Capital Efficiency

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

Metric
SOPA
SOPA
VS
VS
Operating Cash FlowLast quarter
$-16.7M
$-568.6K
Free Cash FlowOCF − Capex
$-16.7M
FCF MarginFCF / Revenue
-1211.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SOPA
SOPA
VS
VS
Q4 25
$-568.6K
Q3 25
$-16.7M
$24.7K
Q2 25
$-1.8M
$-867.5K
Q1 25
$-4.0M
Q4 24
$3.7M
$-716.6K
Q3 24
$2.0M
Q2 24
$-864.6K
Q1 24
$-2.4M
Free Cash Flow
SOPA
SOPA
VS
VS
Q4 25
Q3 25
$-16.7M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
SOPA
SOPA
VS
VS
Q4 25
Q3 25
-1211.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
SOPA
SOPA
VS
VS
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
SOPA
SOPA
VS
VS
Q4 25
Q3 25
Q2 25
-3.70×
-1.29×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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