VerifyMe, Inc. (VRME)

Market Cap	6.61M
Revenue (ttm)	25.26M
Net Income (ttm)	-3.32M
Shares Out	10.50M
EPS (ttm)	-0.33
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	277,088
Open	0.630
Previous Close	0.630
Day's Range	0.610 - 0.670
52-Week Range	0.578 - 2.450
Beta	0.64
Analysts	Buy
Price Target	1.50 (+138.36%)
Earnings Date	Nov 12, 2024

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...

• Industry: Security & Protection Services
• Sector: Industrials
• Founded: 1999
• Employees: 50
• Stock Exchange: NASDAQ
• Ticker Symbol: VRME
• Website: https://www.verifyme.com

Financial Performance

In 2023, VerifyMe's revenue was $25.31 million, an increase of 29.31% compared to the previous year's $19.58 million. Losses were -$3.39 million, -76.46% less than in 2022.

Analyst Forecast

According to one analyst, the rating for VRME stock is "Buy" and the 12-month stock price forecast is $1.5.

Price Target

$1.5

(138.36% upside)

Analyst Consensus: Buy