VerifyMe, Inc. (VRME)

VerifyMe Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	22.07	24.21	25.31	19.58	0.87	0.34
Revenue Growth (YoY)	-13.20%	-4.37%	29.31%	2157.90%	152.77%	40.00%
Cost of Revenue	14.68	15.55	17.29	13.09	0.27	0.06
Gross Profit	7.39	8.66	8.03	6.49	0.6	0.28
Selling, General & Admin	9.19	10.67	11.16	10.15	5.38	3.83
Research & Development	0.07	0.07	0.11	0.09	0.05	0.02
Other Operating Expenses	-	2.32	0.09	-	-	-
Total Operating Expenses	9.26	13.05	11.35	10.24	5.43	3.85
Operating Income	-4.12	-4.39	-3.33	-3.75	-4.83	-3.57
Total Non-Operating Income (Expense)	0.48	0.57	-0.06	-10.65	8.44	-2.33
Pretax Income	-3.64	-3.82	-3.39	-14.4	3.61	-5.9
Net Income	-3.79	-3.82	-3.39	-14.4	3.61	-5.9
Net Income to Common	-3.79	-3.82	-3.39	-14.4	3.61	-5.9
Shares Outstanding (Basic)	12	10	10	8	7	4
Shares Outstanding (Diluted)	12	10	10	8	7	4
Shares Change (YoY)	15.40%	6.51%	15.36%	14.66%	85.50%	85.20%
EPS (Basic)	-0.35	-0.37	-0.35	-1.70	0.51	-1.48
EPS (Diluted)	-0.35	-0.37	-0.35	-1.70	0.49	-1.48
Free Cash Flow	0.87	0.86	0.21	-2.55	-3.31	-2.3
Free Cash Flow Growth	0.12%	313.40%	-	-	-	-
Free Cash Flow Per Share	0.07	0.08	0.02	-0.30	-0.45	-0.58
Gross Margin	33.50%	35.78%	31.71%	33.14%	69.09%	81.92%
Operating Margin	-18.68%	-18.14%	-13.15%	-19.14%	-557.21%	-1040.23%
Profit Margin	-17.16%	-15.80%	-13.39%	-73.55%	416.61%	-1720.70%
FCF Margin	3.92%	3.57%	0.83%	-13.03%	-381.89%	-671.43%
EBITDA	-2.94	-3.18	-2.19	-2.98	-4.83	-3.47
EBITDA Margin	-13.31%	-13.13%	-8.67%	-15.21%	-557.21%	-1011.66%
EBIT	-4.12	-4.39	-3.33	-3.75	-4.83	-3.57
EBIT Margin	-18.68%	-18.14%	-13.15%	-19.14%	-557.21%	-1040.23%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q