VerifyMe, Inc. (VRME)
Market Cap | 16.99M |
Revenue (ttm) | 10.13M |
Net Income (ttm) | -15.51M |
Shares Out | 9.04M |
EPS (ttm) | -1.92 |
PE Ratio | n/a |
Forward PE | 14.88 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 11,534 |
Open | 1.83 |
Previous Close | 1.82 |
Day's Range | 1.81 - 1.95 |
52-Week Range | 1.01 - 3.59 |
Beta | 0.67 |
Analysts | Buy |
Price Target | 3.57 (+89.89%) |
Earnings Date | Mar 13, 2023 |
About VRME
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 wit... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for VRME stock is "Buy." The 12-month stock price forecast is $3.57, which is an increase of 89.89% from the latest price.
News

VerifyMe Signs Mutual Sales Referral Agreement with The Agrarian Group
ROCHESTER, N.Y. , Jan. 12, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company")...

VerifyMe Corporate Update
ROCHESTER, N.Y. , Dec. 15, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company")...

VerifyMe and HP Indigo Ltd. enter into Five-Year Extension and Expansion of Agreement
ROCHESTER, N.Y. , Dec. 1, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") ...

VerifyMe, Inc. (VRME) Reports Q3 Loss, Tops Revenue Estimates
VerifyMe, Inc. (VRME) delivered earnings and revenue surprises of -100% and 0.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

VerifyMe Reports Third Quarter 2022 Financial Results and Positive Outlook
Quarterly revenue of $5.2 million, compared to $0.3 million in Q3 2021 Net Loss of $0.6 million in Q3 2022, compared to Net Income of $7.2 million in Q3 2021 (inclusive of non-cash gain on equity inve...

VerifyMe to Report Third Quarter 2022 Financial Results on November 10, 2022
ROCHESTER, N.Y. , Nov. 8, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") ...

Analysts Estimate VerifyMe, Inc. (VRME) to Report a Decline in Earnings: What to Look Out for
VerifyMe, Inc. (VRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

VerifyMe Enters into Contract with International Luxury Apparel Company
ROCHESTER, N.Y. , Oct. 6, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), together with its wholly owned subsidiary PeriShip Global LLC, provides brand ...

VerifyMe Subsidiary Enters into a $2 million Term Loan Agreement and a $1 million line of credit with PNC Bank and Repays $2.0 million promissory note from PeriShip Acquisition
ROCHESTER, N.Y. , Sept. 27, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), together with its wholly owned subsidiary PeriShip Global LLC ("PeriShip"), ...

VerifyMe Enters into Multi-Year Contract Extension with Strategic Partner and Largest Customer of PeriShip
ROCHESTER, N.Y. , Aug. 31, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), together with its subsidiary PeriShip Global LLC ("PeriShip"), provides brand...

VerifyMe Reports Significant Revenue Growth in Second Quarter 2022 Results
Quarterly revenue of $4.5 million, compared to $0.1 million in Q2 2021 Significant growth from acquisition while continuing organic growth trend Net Loss of $12.6 million in Q2 2022 (inclusive of non-...

VerifyMe to Present at the 15th Annual Barrington Research Virtual Fall Conference
ROCHESTER, N.Y. , July 18, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), together with its subsidiary PeriShip Global LLC ("PeriShip"), provides brand...

Here's Why VerifyMe Shares Are Trading Higher Today
VerifyMe, Inc (NASDAQ: VRME) elected not to extend the period for a special purpose acquisition company (SPAC) merger with G3 VRM Acquisition Corp (NASDAQ: GGGVU). VerifyMe's board determined that it...

VerifyMe Announces SPAC Liquidation and Initiates New Share Repurchase Program
ROCHESTER, N.Y. , July 1, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), together with its subsidiary PeriShip Global LLC ("PeriShip"), provides brand ...

VerifyMe Wholly Owned Subsidiary PeriShip Global LLC Adds Two Former FedEx Executives to Board of Directors
Dave Edmonds Retired Senior VP of FedEx World Wide Services and Curt Kole Former FedEx Cold Chain Pharmaceutical Logistics Specialist Officially Join PeriShip Global LLC Board of Directors ROCHESTER, ...

VerifyMe Launches Covert Brand Protection Ink for Direct to Product Continuous Inkjet Printers
Technologic Advance Greatly Expands the Market for VerifyMe's Brand Protection and Consumer Engagement Solutions ROCHESTER, N.Y., June 1, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe,...

VerifyMe Expands Into the UK With A New Customer
VerifyMe's EMEA strategy pays off with its first UK based customer ROCHESTER, N.Y. , May 26, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), providing b...

VerifyMe Reports First Quarter 2022 Results and Future Outlook
Quarterly revenue of $161 thousand, compared to $188 thousand in Q1 2021 Second Quarter revenue expected to have significant organic and acquisition growth Closing of transformative PeriShip acquisiti...

ID Verification Firm VerifyMe Acquires PeriShip for $10.5M
Identity verification provider VerifyMe has acquired logistics firm PeriShip for $10.5 million, the company said in a news release Monday (April 25). Based in Connecticut, PeriShip provides shipping a...

VerifyMe Scoops Assets Of Logistics Management Company PeriShip To Gain New Entry Point In Pharma Market
VerifyMe Inc (NASDAQ: VRME) acquired the assets of PeriShip, LLC in a transaction worth $10.5 million. The consideration consisted of $7.5 million cash, $1.0 million in VerifyMe shares, and a $2.0 mil...

VerifyMe Acquires Assets of Logistics Management Company, PeriShip, LLC
Combined annual revenues expected to exceed $25.0 million in 2023 Strategic acquisition increases and diversifies VerifyMe's revenue, gross profitability, service offerings, industry verticals, and cu...

VerifyMe Announces Closing of $5.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
ROCHESTER, N.Y., April 14, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), providing brand owners authentication, supply chain monitoring, and data-rich...

VerifyMe Announces $5.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
ROCHESTER, N.Y. , April 12, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), providing authentication, supply chain monitoring, and data-rich consumer en...

VerifyMe Announces Changes to Board of Directors
ROCHESTER, N.Y. , April 12, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), providing brand owners authentication, supply chain monitoring, and data-ric...

Adam Stedham Joins the Board of Directors of VerifyMe
ROCHESTER, N.Y. , April 12, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), providing brand owners authentication, supply chain monitoring, and data-ric...