VRME Stock - VerifyMe, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $24.21M | $25.31M | $19.58M | $867,000 | $343,000 |
| Gross Profit | $8.66M | $8.03M | $6.49M | $599,000 | $281,000 |
| Gross Margin | 35.8% | 31.7% | 33.1% | 69.1% | 81.9% |
| Operating Income | $-2,075,000 | $-3,238,000 | $-3,747,000 | $-4,831,000 | $-3,568,000 |
| Net Income | $-3,824,000 | $-3,390,000 | $-14,398,000 | $3.61M | $-5,902,000 |
| Net Margin | -15.8% | -13.4% | -73.5% | 416.6% | -1720.7% |
| EPS | $-0.37 | $-0.35 | $-1.70 | $0.51 | $-1.48 |
VerifyMe, Inc., a technology solutions provider, provides products to connect brands with consumers in the United States. The company offers VerifyMe Engage services that provides the ability for the brand owner to gather business intelligence and engage with the consumer using authentication test as the initial contact with the consumer. It also offers VerifyMe Authenticate services that provide an assortment of tools through its patented products comprising VerifyInk, a patented invisible ink; VerifyAuthenticator technology, a device used with a smartphone and the VerifyMe app to authenticate and decode VerifyInk codes; VerifyLabel, a tamper proof labels; and VerifyChecker, a handheld device that is tuned to authenticate the unique frequency of VerifyInk invisible ink. In addition, the company provides VerifyMe Track & Trace, a supply chain serialization, track and trace technology utilizing overt dynamic codes, such as VerifyCode, which is tied to cloud-based authentication and track and trace system. Further, it offers VerifyMe Online that includes technologies and services that enable customers to tackle counterfeit websites, domains and e-commerce platforms, and social media sites offering or promoting counterfeit products. VerifyMe, Inc. has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Rochester, New York.
Visit WebsiteEarnings History & Surprises
VRMEEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Mar 5, 2026 | $-0.02 | — | — | — |
Q4 2025 | Nov 14, 2025 | $-0.04 | $-0.02 | +50.0% | ✓ BEAT |
Q3 2025 | Aug 13, 2025 | $-0.06 | $-0.02 | +66.7% | ✓ BEAT |
Q2 2025 | May 13, 2025 | $-0.06 | $-0.05 | +16.7% | ✓ BEAT |
Q1 2025 | Mar 6, 2025 | $-0.04 | $-0.03 | +25.0% | ✓ BEAT |
Q4 2024 | Nov 12, 2024 | $-0.09 | $-0.06 | +33.3% | ✓ BEAT |
Q3 2024 | Aug 13, 2024 | $-0.06 | $-0.03 | +50.0% | ✓ BEAT |
Q2 2024 | May 14, 2024 | $-0.06 | $-0.05 | +16.7% | ✓ BEAT |
Q1 2024 | Mar 21, 2024 | $0.01 | $0.02 | +100.0% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $-0.08 | $-0.06 | +25.0% | ✓ BEAT |
Q3 2023 | Aug 10, 2023 | $-0.07 | $-0.11 | -57.1% | ✗ MISS |
Q2 2023 | May 11, 2023 | $-0.09 | $-0.11 | -22.2% | ✗ MISS |
Q1 2023 | Mar 28, 2023 | $0.00 | $0.01 | +128.3% | ✓ BEAT |
Q4 2022 | Nov 10, 2022 | $-0.04 | $-0.06 | -60.0% | ✗ MISS |
Q3 2022 | Aug 15, 2022 | $-0.18 | $-0.17 | +5.6% | ✓ BEAT |
Q2 2022 | May 11, 2022 | $-0.14 | $-0.19 | -35.7% | ✗ MISS |
Q1 2022 | Mar 14, 2022 | $-0.20 | $-0.13 | +35.0% | ✓ BEAT |
Q4 2021 | Nov 10, 2021 | $-0.21 | $0.95 | +552.4% | ✓ BEAT |
Q3 2021 | Aug 13, 2021 | $-0.19 | $-0.18 | +5.3% | ✓ BEAT |
Latest News
VerifyMe Q3 EPS $(0.26) Misses $(0.04) Estimate, Sales $5.033M Beat $4.696M Estimate
➖ NeutralVerifyMe Transitions PeriShip Proactive Logistics Customers From FedEx To New Shipping Partner Starting Sept. 24, Aiming For Cost Savings And Service Continuity
📈 PositiveTrading Halt: Halt status updated at 8:20:00 AM ET: Quotation Resumption: News and Resumption Times
➖ NeutralTrading Halt: Halted at 8:00:00 a.m. ET - Trading Halt: Halt News Pending
➖ NeutralVerifyMe Q2 Revenue Rises Cash Grows
📈 PositiveVerifyMe Beats Q2 Loss Revenue Drops 16%
📉 NegativeFrequently Asked Questions about VRME
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