Last C$0.01 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 9:51 AM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

versatile systems inc (VV) Snapshot

Open
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Previous Close
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Day High
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Day Low
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52 Week High
03/18/14 - C$0.04
52 Week Low
09/25/14 - C$0.01
Market Cap
2.0M
Average Volume 10 Days
31.7K
EPS TTM
C$-0.02
Shares Outstanding
196.6M
EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for VERSATILE SYSTEMS INC (VV)

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versatile systems inc (VV) Details

Versatile Systems Inc., through its subsidiaries, engages in the software development; and sales of computer software, hardware, and system integration services related to wired and wireless mobile business solutions in Canada. The company develops solutions that solve customers’ problems in the storage, security, transmission, and collection of mission critical data. It offers Mobiquit Solution Suite that enables companies to improve the sales, marketing, and distribution of their products. The company’s Mobiquit solution suite products include Mobiquity Route, Mobiquity Kiosk, and Mobiquity Transaction Engine. It delivers wireless/wired solutions to the consumer packaged goods, retail, financial, pharmaceutical, healthcare, and logistics verticals through an integrated combination of licensed software, professional services, and the re-sale of mobile and storage related hardware. The company also offers virtualized infrastructure solutions; custom mobile application design and development, enterprise systems integration, mobile hardware support, and leasing and renting programs; and self-service solutions, as well as intelligent event processing, a data aggregation solution. In addition, it provides maintenance and support through call centre. Versatile Systems Inc. was founded in 1955 and is headquartered in Vancouver, Canada.

Founded in 1955

versatile systems inc (VV) Top Compensated Officers

Vice President of Mobile Solutions
Total Annual Compensation: C$112.2K
Consultant
Total Annual Compensation: C$261.7K
Compensation as of Fiscal Year 2013.

versatile systems inc (VV) Key Developments

Versatile Systems Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014

Versatile Systems Inc. reported unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported sales of $8,748,198 against $6,639,475 a year ago. Loss from operations was $180,641 against $1,214,721 a year ago. Loss before income taxes was $442,069 against $1,248,426 a year ago. Net loss was $443,269 against $1,249,421 a year ago. Cash flow from operating activities was $77,324 against $303,928 a year ago. Purchase of capital assets was $5,764 against $4,304 a year ago.

Versatile Systems Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2014

Versatile Systems Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2014. For the quarter, the company's revenue was $8,485,599 compared to $8,584,095 for the same quarter last year. Net Loss for 3,675,953 or $0.02 per share compared to net loss of $2,172,843 ($0.01 per share) for the same quarter last year; Excluding the non-cash items of $2,718,970 for goodwill impairment, write down of deferred income tax assets in the amount of $336,275 the loss was $620,708. For the year, the company’s sales were $36,369,343 against $36,272,893 a year ago. Loss from operations was $3,921,708 against $2,904,286 a year ago. Loss before income taxes was $6,097,318 against $3,305,340 a year ago. Net loss was $6,438,120 against $3,854,602 a year ago.

Versatile Systems Inc. Announces Management Changes

Versatile Systems Inc. announced the departure of Company CEO and President Kenny Kahn as Versatile Board and Management moves to facilitate strategic implementation of its growth strategy under the interim leadership of Executive Chairman Bertrand des Pallieres. Versatile CEO Kenny Kahn leaves the company and is replaced on an interim basis by Bertrand des Pallieres, Executive Chairman.

 

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