Industrials -
Security & Protection Services - NASDAQ - US
$ 0.75
-0.465 %
$ 9.32 M
Market Cap
-2.03
P/E
1. INTRINSIC VALUE
Balance Sheet
VerifyMe, Inc.
| Current Assets | 6.36 M |
| Cash & Short-Term Investments | 2.82 M |
| Receivables | 3.37 M |
| Other Current Assets | 170 K |
| Non-Current Assets | 9.7 M |
| Long-Term Investments | 0 |
| PP&E | 352 K |
| Other Non-Current Assets | 9.35 M |
| Current Liabilities | 4.24 M |
| Accounts Payable | 2.97 M |
| Short-Term Debt | 608 K |
| Other Current Liabilities | 660 K |
| Non-Current Liabilities | 1.61 M |
| Long-Term Debt | 1.61 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
VerifyMe, Inc.
| Revenue | 24.2 M |
| Cost Of Revenue | 15.5 M |
| Gross Profit | 8.66 M |
| Operating Expenses | 10.7 M |
| Operating Income | -2.08 M |
| Other Expenses | 1.75 M |
| Net Income | -3.82 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
VerifyMe, Inc.
| Net Income | -3.82 M |
| Depreciation & Amortization | 1.21 M |
| Capital Expenditures | -523 K |
| Stock-Based Compensation | 255 K |
| Change in Working Capital | 304 K |
| Others | 3.04 M |
| Free Cash Flow | 348 K |
Wall Street Analysts Price Targets
VerifyMe, Inc.
Wall Street analysts predict an average 1-year price target for VRME of $1.42 , with forecasts ranging from
a
low of
$1.25 to a high of $1.5 .
VRME Lowest Price Target
Wall Street Target
1.25 USD
66.67%
VRME Average Price Target
Wall Street Target
1.42 USD
88.89%
VRME Highest Price Target
Wall Street Target
1.5 USD
100.00%
4. DIVIDEND
ANALYSIS
VRME does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
VerifyMe, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
86.2 K USD 2
3-6 MONTHS
38.9 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
VerifyMe, Inc. (VRME) Q1 2025 Earnings Call Transcript
VerifyMe, Inc. (NASDAQ:VRME ) Q1 2025 Earnings Conference Call May 13, 2025 11:00 AM ET Company Participants Adam Stedham - CEO Nancy Meyers - CFO Conference Call Participants Michael Petusky - Barrington Research Jack Vander Aarde - Maxim Group Operator Good day, and welcome to VerifyMe First Quarter 2025 Financial Results Conference Call. All participants will be in listen-only mode.
seekingalpha.com
- 2 months ago
VerifyMe Reports First Quarter 2025 Financial Results
Quarterly revenue of $4.5 million, compared to $5.8 million in Q1 2024 (1) Quarterly gross profit of $1.5 million or 33%, compared to $2.3 million or 39% in Q1 2024 Net loss of ($0.6) million in Q1 2025 and Q1 2024 (1) Adjusted EBITDA(2) of $0 million, compared to $0.1 million in Q1 2024 (1) Cash of $5.7 million as of March 31, 2025 LAKE MARY, Fla. , May 13, 2025 /PRNewswire/ -- VerifyMe , Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today the Company's financial results for its first quarter ended March 31, 2025 ("Q1 2025").
prnewswire.com
- 2 months ago
VerifyMe to Report First Quarter 2025 Financial Results on May 13, 2025
LAKE MARY, Fla. , May 8, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today that it will release its financial results for the first quarter ended March 31, 2025 on May 13, 2025.
prnewswire.com
- 2 months ago
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 Officer Conference Call Participants Michael Petusky - Barrington Research Operator Good morning, everyone, and welcome to the VerifyMe Fourth Quarter 2024 Financial Results Conference Call. All participants will be in a listen-only mode.
seekingalpha.com
- 4 months ago
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 quarter revenue of $7.7 million, compared to $8.7 million in Q4 2023 (1) 2024 annual gross profit of $8.7 million or 36%, compared to $8.0 million or 32% in 2023; Gross Profit of $2.4 million or 32% in Q4 2024, compared to $2.9 million or 33% in Q4 2023 2024 annual net loss of $3.8 million (including $1.6 million of one-time adjustments), compared to a net loss of $3.4 million in 2023; Net loss of $0.5 million in Q4 2024, compared to net income of less than $0.1 million in Q4 2023(1) 2024 annual adjusted EBITDA(2) of $0.9 million, compared to $0.4 million in 2023; Adjusted EBITDA of $0.5 million in Q4 2024, compared to $1.1 million in Q4 2023(1) Cash of $5.7 million as of February 28, 2025 or $0.46 per share, senior long-term debt of $0.9 million repaid in 2025 LAKE MARY, Fla. , March 6, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today the Company's financial results for its fourth quarter ended December 31, 2024 ("Q4 2024").
prnewswire.com
- 4 months ago
VerifyMe Gears Up to Report Q4 Earnings: What's in the Offing?
Declining revenues in the precision logistics segment are likely to have affected VRME's top line in the fourth quarter of 2024.
zacks.com
- 4 months ago
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, anti-counterfeiting, and brand protection and enhancement solutions, announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on March 6, 2025.
prnewswire.com
- 4 months ago
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, anti-counterfeiting, and brand enhancement services, today announced its entry into a warrant inducement agreement with an existing institutional investor for the immediate exercise of an outstanding warrant held by the existing investor to purchase an aggregate of 1,461,896 shares of the Company's common stock.
prnewswire.com
- 6 months ago
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, anti-counterfeiting, and brand enhancement services, announced today that the Company's board of directors (the "Board") approved an extension of its share repurchase plan.
prnewswire.com
- 7 months ago
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 - Barrington Research Jack Vander Aarde - Maxim Group Operator Hello, and welcome to the VerifyMe Third Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.
seekingalpha.com
- 8 months ago
VerifyMe, Inc. (VRME) Reports Q3 Loss, Lags Revenue Estimates
VerifyMe, Inc. (VRME) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.06 per share a year ago.
zacks.com
- 8 months ago
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 in Q3 2024, including $1.8M of one-time adjustments, compared to a net loss of ($0.9) million in Q3 2023 Adjusted EBITDA1 of $0.2 million in Q3 2024, compared to Adjusted EBITDA of $0.2 million in Q3 2023 LAKE MARY, Fla. , Nov. 12, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today the Company's financial results for its third quarter ended September 30, 2024 ("Q3 2024").
prnewswire.com
- 8 months ago
8. Profile
Summary
VerifyMe, Inc. VRME
COUNTRY
US
INDUSTRY
Security & Protection Services
MARKET CAP
$ 9.32 M
Dividend Yield
0.00%
Description
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 with a smartphone and the VerifyMe app to authenticate and decode VerifyInk codes; VerifyLabel, a tamper proof labels; and VerifyChecker, a handheld device that is tuned to authenticate the unique frequency of VerifyInk invisible ink. In addition, the company provides VerifyMe Track & Trace, a supply chain serialization, track and trace technology utilizing overt dynamic codes, such as VerifyCode, which is tied to cloud-based authentication and track and trace system. Further, it offers VerifyMe Online that includes technologies and services that enable customers to tackle counterfeit websites, domains and e-commerce platforms, and social media sites offering or promoting counterfeit products. VerifyMe, Inc. has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Rochester, New York.
Contact
Clinton Square, Lake Mary, NY, 14604
https://www.verifyme.com
IPO
Date
Dec. 5, 2000
Employees
40
Officers
Mr. Jack Wang
Senior Vice President of Technology & Chief Information Officer
Ms. Nancy L. Meyers CPA, CGA
Executive Vice President, Chief Financial Officer, Treasurer & Corporate Secretary
Mr. Paul Ryan
Executive Vice President of Authentication Segment
Fred G Volk, III
Vice President of Operations of PeriShip Global
Mr. Adam H. Stedham
President, Chief Executive Officer & Director