VerifyMe, Inc. (VRME)
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for VRME stock is "Buy" and the 12-month stock price forecast is $1.25.
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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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"...

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

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...

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...

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...

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...

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...

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

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 ...

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...

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...

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"...