VerifyMe Stock (NASDAQ:VRME)


RevenueOwnershipFinancialsChartTranscripts

Previous Close

$0.68

52W Range

$0.59 - $1.51

50D Avg

$0.76

200D Avg

$0.89

Market Cap

$9.05M

Avg Vol (3M)

$78.76K

Beta

0.33

Div Yield

-

VRME Company Profile


VerifyMe, Inc. functions as a technology firm dedicated to forging connections between brands and consumers across the United States. The company offers a suite of distinct services, notably VerifyMe Engage, which empowers brand owners to collect crucial business intelligence and initiate customer engagement via an initial authentication check. Another primary offering is VerifyMe Authenticate, a comprehensive collection of patented tools. These include VerifyInk, an invisible ink; VerifyAuthenticator, a device that pairs with smartphones and the VerifyMe app to decode VerifyInk; VerifyLabel, which are specialized tamper-proof labels; and VerifyChecker, a handheld unit calibrated to identify the unique frequency of VerifyInk. Beyond these, VerifyMe supplies VerifyMe Track & Trace, an advanced solution for supply chain serialization and monitoring. This system employs visible dynamic codes, such as VerifyCode, linked to a cloud-based authentication and tracking platform. The company also confronts online counterfeiting through VerifyMe Online, providing technologies and services to tackle fake websites, unauthorized domains, fraudulent e-commerce platforms, and counterfeit product promotions on social media. VerifyMe, Inc. maintains a significant strategic alliance with INX International Ink Company. Established in 1999, the company, originally known as LaserLock Technologies, Inc., officially changed its name to VerifyMe, Inc. in July 2015 and is based in Rochester, New York.

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Industry

Security & Protection Services

Sector

Industrials

Exchange

NASDAQ

ADR

-

Country

US

Employees

40

IPO Date

Dec 05, 2000

Website

VRME Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24
Premium Services$3.08M$4.40M

Fiscal year ends in Dec 25 | Currency in USD

VRME Financial Summary


Dec 25Dec 24Dec 23
Revenue$16.40M$24.21M$25.31M
Operating Income$1.92M$-2.08M$-3.24M
Net Income-$-3.82M$-3.39M
EBITDA$1.92M$-2.48M$-2.10M
Basic EPS$-0.39$-0.37$-0.35
Diluted EPS$-0.39$-0.37$-0.35

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q3 25Nov 17, 25 | 9:00 AM
Q2 25Aug 13, 25 | 11:00 AM
Q1 25May 13, 25 | 11:00 AM

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