VerifyMe, Inc. (VRME)

NASDAQ: VRME · Real-Time Price · USD
0.755
-0.047 (-5.90%)
At close: Mar 25, 2025, 4:00 PM
0.752
-0.003 (-0.40%)
After-hours: Mar 25, 2025, 5:36 PM EST
-5.90%
Market Cap 9.33M
Revenue (ttm) 24.21M
Net Income (ttm) -3.82M
Shares Out 12.35M
EPS (ttm) -0.37
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 156,642
Open 0.770
Previous Close 0.802
Day's Range 0.750 - 0.802
52-Week Range 0.578 - 5.000
Beta 0.51
Analysts Buy
Price Target 1.25 (+65.56%)
Earnings Date Mar 6, 2025

About VRME

VerifyMe, Inc., together with its subsidiaries, provides traceability and customer support services through software and process technology. The company operates through two segments, Precision Logistics and Authentication. The Precision Logistics segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment provides PeriTrack customer dashboard, an integrated web portal tool that gives its customers an in-depth look at their shipping activities based on real-time data. It also o... [Read more]

Sector Industrials
Founded 1999
Employees 50
Stock Exchange NASDAQ
Ticker Symbol VRME
Full Company Profile

Financial Performance

In 2024, VerifyMe's revenue was $24.21 million, a decrease of -4.37% compared to the previous year's $25.31 million. Losses were -$3.82 million, 12.8% more than in 2023.

Financial Statements

Analyst Forecast

According to one analyst, the rating for VRME stock is "Buy" and the 12-month stock price forecast is $1.25.

Price Target
$1.25
(65.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

VerifyMe, Inc. (VRME) Q4 2024 Earnings Call Transcript

VerifyMe, Inc. (NASDAQ:VRME) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Nancy Meyers - Chief Financial Officer Adam Stedham - President and Chief Executive Office...

19 days ago - Seeking Alpha

VerifyMe Reports Fourth Quarter 2024 Financial Results and Improved Liquidity in the First Quarter of 2025

Cash flow provided by operations of $0.6 million in Q4 2024 and $0.9 million in the year ended December 31, 2024 2024 annual revenue of $24.2 million, compared to $25.3 million in 2023; with fourth qu...

19 days ago - PRNewsWire

VerifyMe to Report Fourth Quarter 2024 Financial Results on March 6, 2025

LAKE MARY, Fla. , Feb. 27, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, anti-diversion...

26 days ago - PRNewsWire

VerifyMe Enters into a Warrant Inducement Transaction for $4.7 Million in Proceeds

LAKE MARY, Fla. , Jan. 14, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, authentication...

2 months ago - PRNewsWire

VerifyMe announces extension of Share Repurchase Plan

LAKE MARY, Fla. , Nov. 26, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, authentication...

4 months ago - PRNewsWire

VerifyMe, Inc. (VRME) Q3 2024 Earnings Call Transcript

VerifyMe, Inc. (NASDAQ:VRME) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Nancy Meyers - CFO Adam Stedham - CEO Conference Call Participants Michael Petusky - B...

4 months ago - Seeking Alpha

VerifyMe Reports Third Quarter 2024 Financial Results

Quarterly revenue of $5.4 million in Q3 2024, compared to $5.6 million in Q3 2023 Gross Profit of $1.9 million or 35% in Q3 2024, compared to $2.0 million or 37% in Q3 2023 Net loss of ($2.4) million ...

4 months ago - PRNewsWire

VerifyMe to Report Third Quarter 2024 Financial Results on November 12, 2024

LAKE MARY, Fla. , Nov. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...

4 months ago - PRNewsWire

VerifyMe, Inc. (VRME) Q2 2024 Earnings Call Transcript

VerifyMe, Inc. (NASDAQ:VRME) Q2 2024 Earnings Conference Call August 13, 2024 11:00 AM ET Company Participants Nancy Meyers - CFO Adam Stedham - CEO Conference Call Participants Jack Vander Aarde - M...

8 months ago - Seeking Alpha

VerifyMe Reports Second Quarter 2024 Financial Results

Quarterly revenue of $5.4 million in Q2 2024, compared to $5.3 million in Q2 2023 Gross Profit of $2.1 million or 39% in Q2 2024, compared to $1.6 million or 30% in Q2 2023, an increase of 32% Net los...

8 months ago - PRNewsWire

VerifyMe to Report Second Quarter 2024 Financial Results on August 13, 2024

LAKE MARY, Fla. , Aug. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...

8 months ago - PRNewsWire

VerifyMe Provides 2024 Outlook Update

LAKE MARY, Fla. ,  May 23, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Globa...

10 months ago - PRNewsWire

VerifyMe Reports Improved First Quarter 2024 Financial Results including a Gross Profit increase of 49%

Quarterly revenue of $5.8 million in Q1 2024, compared to $5.7 million in Q1, 2023 Gross Profit of $2.3 million or 39% in Q1 2024, compared to $1.5 million or 27% in Q1 2023, an increase of 49% Net lo...

11 months ago - PRNewsWire

VerifyMe to Report First Quarter 2024 Financial Results on May 14, 2024

LAKE MARY, Fla. , May 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"...

11 months ago - PRNewsWire

VerifyMe, Inc. (VRME) Q4 2023 Earnings Call Transcript

VerifyMe, Inc. (VRME) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

VerifyMe Reports Full Year and Fourth Quarter 2023 Financial Results

Cash of $3.1 million as of December 31, 2023 (with cash flow provided by operations of $0.8 million in Q4 2023 and $0.2 million in the year ended December 31, 2023) 2023 annual revenue of $25.3 millio...

1 year ago - PRNewsWire

Manuka Health Limited leverages VerifyMe QR codes to participate in Amazon Transparency

LAKE MARY, Fla. , March 20, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Glob...

1 year ago - PRNewsWire

VerifyMe to Report Fourth Quarter 2023 Financial Results on March 21, 2024

LAKE MARY, Fla. , March 18, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Glob...

1 year ago - PRNewsWire

VerifyMe to Host Investor Day on February 6, 2024

LAKE MARY, Fla., Jan. 11, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...

1 year ago - PRNewsWire

VerifyMe announces Share Repurchase Plan and Changes to Board Compensation Program

LAKE MARY, Fla. , Dec. 8, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...

1 year ago - PRNewsWire

VerifyMe, Inc. (VRME) Q3 2023 Earnings Call Transcript

VerifyMe, Inc. (VRME) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

VerifyMe Reports Third Quarter 2023 Financial Results

Quarterly revenue of $5.6 million in Q3 2023, compared to $5.2 million in Q3 2022 Gross Profit of $2.3 million or 41% in Q3 2023, compared to $1.9 million or 36% in Q3 2022 Net loss of ($0.9) million ...

1 year ago - PRNewsWire

VerifyMe to Report Third Quarter 2023 Financial Results on November 8, 2023

LAKE MARY, Fla. , Nov. 2, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...

1 year ago - PRNewsWire

Amcor Demonstrating Connected Packaging at Pack Expo 2023 with VerifyMe, Inc

LAKE MARY, Fla. , Sept. 5, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Globa...

Other symbols: AMCR
1 year ago - PRNewsWire

Leadership Team Leads $1.1 Million Convertible Note Capital Raise

LAKE MARY, Fla., Aug. 28, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limitd ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"...

1 year ago - PRNewsWire