Versus Systems (NASDAQ:VS) & BIT Mining (NYSE:BTCM) Critical Comparison

Versus Systems (NASDAQ:VS) and BIT Mining (NYSE:BTCM) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk and profitability.

Analyst Recommendations

This is a summary of current ratings and target prices for Versus Systems and BIT Mining, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Versus Systems	0	1	0	0	2.00
BIT Mining	0	0	0	0	N/A

Versus Systems currently has a consensus target price of $1.50, suggesting a potential upside of 7.14%. Given Versus Systems’ higher possible upside, equities analysts clearly believe Versus Systems is more favorable than BIT Mining.

Institutional & Insider Ownership

60.7% of Versus Systems shares are held by institutional investors. Comparatively, 5.3% of BIT Mining shares are held by institutional investors. 20.1% of Versus Systems shares are held by insiders. Comparatively, 19.7% of BIT Mining shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Volatility and Risk

Versus Systems has a beta of 2.08, suggesting that its share price is 108% more volatile than the S&P 500. Comparatively, BIT Mining has a beta of 2.53, suggesting that its share price is 153% more volatile than the S&P 500.

Profitability

This table compares Versus Systems and BIT Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Versus Systems	-7,480.35%	-204.20%	-165.00%
BIT Mining	-6.16%	-32.20%	-16.69%

Valuation and Earnings

This table compares Versus Systems and BIT Mining’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Versus Systems	$270,000.00	13.02	-$10.51 million	N/A	N/A
BIT Mining	$43.10 million	0.71	-$28.71 million	($1.31)	-2.09

Versus Systems has higher earnings, but lower revenue than BIT Mining.

About Versus Systems

Versus Systems Inc. develops and operates a business-to-business software platform in the United States and Canada. The company offers eXtreme Engagement Online platform that is designed primarily for in-venue main-board work in stadiums and arenas; Filter Fan Cam (FFC) platform, an augmented reality filtering tool that can be used for mobile and in-venue applications; and Winfinite, which allows brands, media companies, and advertising agencies to reach out to customers directly on their mobile devices. It also offers business-to-business software platform that allows video game publishers, developers, and other interactive media content creators in-game prizing and rewards based on the completion of in-content challenges. In addition, the company provides XEO technology platform that offers online audience engagement. It primarily sells its access to platform and service offerings through its direct sales organization. Versus Systems Inc. is headquartered in Vancouver, Canada.

About BIT Mining

BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates in two segments: Data Center and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines. In addition, it engages in online gaming activities; and provision of technology services. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in 2001 and is based in Akron, Ohio.