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Versatile Systems Inc.

09:46 AM EST - Versatile Systems Inc. : announced its results for the fourth quarter of the 2013 fiscal year. Revenue for the three months ended June 30, 2013 was $8,584,095, generating a gross profit of $1,050,994 or 12.2% of sales compared to $8,832,150, generating a gross profit of $1,942,201 or 22.0% of sales for the same quarter last year. The net loss for the quarter amounted to $2,175,031 ($0.01 per share) compared to a Net Loss of $14,075,239 ($0.09 per share) for the same period last year. Versatile Systems Inc. shares V.VV are trading unchanged at $0.04.