VerifyMe, Inc. (VRME)

NASDAQ: VRME · IEX Real-Time Price · USD
1.150
-0.030 (-2.54%)
At close: Mar 4, 2024, 12:03 PM
1.120
-0.030 (-2.61%)
After-hours: Mar 4, 2024, 7:37 PM EST
-2.54%
Market Cap 11.49M
Revenue (ttm) 26.30M
Net Income (ttm) -3.28M
Shares Out 9.99M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE 14.88
Dividend n/a
Ex-Dividend Date n/a
Volume 24,977
Open 1.180
Previous Close 1.180
Day's Range 1.110 - 1.180
52-Week Range 0.851 - 2.270
Beta 0.69
Analysts Strong Buy
Price Target 2.85 (+147.83%)
Earnings Date Mar 26, 2024

About VRME

VerifyMe, Inc., together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions. The VerifyMe Solutions segment offers technology solutions to connect brands with consumers allowing brand owners to gather business intelligence while engaging directly with their consumers. Its solutions... [Read more]

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

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for VRME stock is "Strong Buy." The 12-month stock price forecast is $2.85, which is an increase of 147.83% from the latest price.

Price Target
$2.85
(147.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 weeks 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...

3 months ago - PRNewsWire

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 ...

4 months 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...

4 months 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
6 months 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"...

6 months ago - PRNewsWire

Mildura Fruit Company delivers Traceability with VerifyMe, Inc

LAKE MARY, Fla. , Aug. 16, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Globa...

7 months ago - PRNewsWire

VerifyMe Reports Second Quarter 2023 Financial Results

Quarterly revenue of $5.3 million in Q2 2023, compared to $4.5 million in Q2 2022 Net loss of $0.9 million in Q2 2023, compared to a net loss of $12.6 million in Q2 2022 (inclusive of write off of $11...

7 months ago - PRNewsWire

VerifyMe to Report Second Quarter 2023 Financial Results on August 10, 2023

LAKE MARY, Fla. , Aug. 7, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...

7 months ago - PRNewsWire

VerifyMe Announces Strategic Reorganization

LAKE MARY, Fla. , July 14, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Globa...

8 months ago - PRNewsWire

VerifyMe Appoints new Chief Executive Officer

LAKE MARY, Fla. , May 31, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...

9 months ago - PRNewsWire

VerifyMe Reports First Quarter 2023 Financial Results

Quarterly revenue of $5.7 million in Q1 2023, compared to $0.2 million in Q1 2022 Net loss of $1.6 million in Q1 2023, compared to a net loss of $1.4 million in Q1 2022 Adjusted EBITDA(1) of ($0.5) mi...

10 months ago - PRNewsWire

VerifyMe to Report First Quarter 2023 Financial Results on May 11, 2023

LAKE MARY, Fla. , May 4, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"...

10 months ago - PRNewsWire

VerifyMe Announces Participation in Aegis Virtual Conference

LAKE MARY, Fla. , April 26, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Glob...

11 months ago - PRNewsWire

VerifyMe Reports Positive Net Income in Fourth Quarter 2022 Financial Results

Quarterly revenue of $9.7 million in Q4 2022, compared to $0.3 million in Q4 2021 Net income of $0.1 million in Q4 2022, compared to Net loss of $1.0 million in Q4 2021 Adjusted EBITDA(1) of $0.7 mill...

1 year ago - PRNewsWire

VerifyMe to Report Fourth Quarter 2022 Financial Results on March 28, 2023

LAKE MARY, Fla. , March 22, 2023 /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 Announces Leadership Change

LAKE MARY, Fla. , March 16, 2023 /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 Acquires Assets of Digital Identity Brand Protection Company, Trust Codes Limited

Strategic acquisition increases VerifyMe's service offerings, and geographic markets LAKE MARY, Fla. , March 2, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip...

1 year ago - PRNewsWire

VerifyMe Announces Select Preliminary Unaudited Fourth Quarter Record Revenue Results

LAKE MARY, Fla. , Feb. 21, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company")...

1 year ago - PRNewsWire

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")...

1 year ago - PRNewsWire

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")...

1 year ago - PRNewsWire

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") ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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") ...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire