Verses AI files audited annual financial statements for fiscal year 2025

Published 02/07/2025, 22:40
Verses AI files audited annual financial statements for fiscal year 2025

Verses AI Inc. (OTCQB:VRSSF), currently trading at $22.27, announced Tuesday that it has filed its audited annual consolidated financial statements for the fiscal year ended March 31, 2025. The company, which has demonstrated strong revenue growth of ~7% over the last twelve months to $11 billion, maintains a "GOOD" financial health rating according to InvestingPro analysis. The company also submitted its related Management’s Discussion and Analysis (MD&A) and Annual Information Form (AIF) with securities regulators in each Canadian jurisdiction where it is a reporting issuer.

The annual financial statements were audited by Verses AI’s independent registered public accounting firm. According to the company, the documents were made available through its SEDAR+ profile, as well as attached as exhibits to its latest Form 8-K filed with the U.S. Securities and Exchange Commission.

The company’s filing states that the information provided, including the exhibits, is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as specifically referenced.

Verses AI Inc. is incorporated in British Columbia, Canada, with its principal executive offices located in Los Angeles, California. The company is classified as an emerging growth company under U.S. securities regulations.

This report is based on a statement in a press release filed with the SEC.

In other recent news, Coca-Cola (NYSE:KO) Europacific Partners has continued its share buyback program, purchasing a total of 53,344 ordinary shares on June 30, 2025. These transactions, conducted on both U.S. and London trading venues, are part of a previously announced plan to repurchase up to €1 billion of its shares. The company has been actively buying back shares throughout June, with significant purchases reported on various days, including June 17, 18, 20, and 23. All repurchased shares are slated for cancellation.

Meanwhile, Riskified (NYSE:RSKD) Ltd. has scheduled its Annual General Meeting of Shareholders for August 6, 2025, in Tel Aviv, Israel, providing shareholders with detailed voting instructions through a Notice and Proxy Statement. GH Research PLC also announced its annual general meeting, set for July 31, 2025, in Dublin, Ireland, and has made relevant proxy materials available to shareholders. Additionally, LATAM Airlines (NYSE:LTM) Group has entered into an underwriting agreement with J.P. Morgan Securities LLC for the sale of its common shares, as part of its ongoing financial activities. The agreement details were filed with the SEC but did not disclose the size or pricing of the share offering.

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