VerifyMe, Inc. (VRME)

VerifyMe Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	25.41	25.31	19.58	0.87	0.34	0.25
Revenue Growth (YoY)	1.34%	29.31%	2157.90%	152.77%	40.00%	227.17%
Cost of Revenue	15.9	16.31	13.09	0.27	0.06	0.05
Gross Profit	9.51	9	6.49	0.6	0.28	0.2
Selling, General & Admin	11.83	12.22	10.15	5.38	3.83	2.63
Research & Development	0.15	0.11	0.09	0.05	0.02	0.01
Operating Expenses	11.98	12.33	10.24	5.43	3.85	2.63
Operating Income	-2.47	-3.33	-3.75	-4.83	-3.57	-2.43
Interest Expense / Income	0.16	0.16	0.09	-0	2.05	0.1
Other Expense / Income	-0.27	-0.1	10.56	-8.44	0.28	-0.02
Pretax Income	-2.36	-3.39	-14.4	3.61	-5.9	-2.51
Net Income	-2.36	-3.39	-14.4	3.61	-5.9	-2.51
Shares Outstanding (Basic)	10	10	8	7	4	2
Shares Outstanding (Diluted)	10	10	8	7	4	2
Shares Change	7.94%	15.36%	19.06%	78.66%	85.20%	14.50%
EPS (Basic)	-0.23	-0.35	-1.70	0.51	-1.48	-1.17
EPS (Diluted)	-0.23	-0.35	-1.70	0.49	-1.48	-1.17
Free Cash Flow	-0.35	-0.53	-2.83	-3.51	-2.41	-1.88
Free Cash Flow Per Share	-0.04	-0.05	-0.33	-0.49	-0.60	-0.88
Gross Margin	37.42%	35.57%	33.14%	69.09%	81.92%	81.63%
Operating Margin	-9.72%	-13.15%	-19.14%	-557.21%	-1040.23%	-992.65%
Profit Margin	-9.30%	-13.39%	-73.55%	416.61%	-1720.70%	-1023.27%
Free Cash Flow Margin	-1.39%	-2.09%	-14.44%	-405.07%	-701.46%	-767.76%
EBITDA	-1.06	-2.1	-13.54	3.73	-3.75	-2.38
EBITDA Margin	-4.15%	-8.28%	-69.17%	429.87%	-1093.59%	-969.80%
Depreciation & Amortization	1.15	1.13	0.77	0.12	0.1	0.03
EBIT	-2.21	-3.23	-14.31	3.61	-3.85	-2.41
EBIT Margin	-8.68%	-12.76%	-73.10%	416.38%	-1122.16%	-983.67%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).