VerifyMe, Inc. (VRME) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
VerifyMe, Inc. (VRME) stock price & volume — 10-year historical chart
VerifyMe, Inc. (VRME) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
VerifyMe, Inc. (VRME) competitors in Electronic Security Systems and Monitoring — business model, growth, and fundamentals comparison
VerifyMe, Inc. (VRME) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
VerifyMe, Inc. (VRME) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 37.05K | 0 | 74.88K | 245K | 343K | 867K | 19.58M | 25.31M | 24.21M | 21.67M |
| Revenue Growth % | -82.95% | -100% | - | 227.17% | 40% | 152.77% | 2157.9% | 29.31% | -4.37% | -14.21% |
| Cost of Goods Sold | 24.36K | 43.09K | 28.8K | 45K | 62K | 268K | 13.09M | 17.29M | 15.54M | 14.1M |
| COGS % of Revenue | 65.75% | - | 38.46% | 18.37% | 18.08% | 30.91% | 66.86% | 68.29% | 64.22% | - |
| Gross Profit | 12.69K▲ 0% | -43.09K▼ 439.5% | 46.08K▲ 206.9% | 200K▲ 334.0% | 281K▲ 40.5% | 599K▲ 113.2% | 6.49M▲ 983.1% | 8.03M▲ 23.7% | 8.66M▲ 7.9% | 7.57M▲ 0% |
| Gross Margin % | 34.25% | - | 61.54% | 81.63% | 81.92% | 69.09% | 33.14% | 31.71% | 35.78% | 34.94% |
| Gross Profit Growth % | -91.62% | -439.54% | 206.93% | 334.01% | 40.5% | 113.17% | 983.14% | 23.71% | 7.92% | - |
| Operating Expenses | 3.75M | 2.84M | 2.64M | 2.63M | 3.85M | 5.43M | 10.23M | 11.26M | 10.74M | 9.24M |
| OpEx % of Revenue | 10112.08% | - | 3527.97% | 1074.52% | 1122.16% | 626.3% | 52.28% | 44.5% | 44.35% | - |
| Selling, General & Admin | 3.5M | 2.71M | 2.45M | 2.63M | 3.83M | 5.38M | 10.15M | 6.06M | 5.21M | 4.48M |
| SG&A % of Revenue | 9436.92% | - | 3277.37% | 1072.24% | 1116.62% | 620.42% | 51.83% | 23.94% | 21.54% | - |
| Research & Development | 250.18K | 128.04K | 187.66K | 5K | 19K | 51K | 89K | 107K | 70K | 20K |
| R&D % of Revenue | 675.16% | - | 250.59% | 2.04% | 5.54% | 5.88% | 0.45% | 0.42% | 0.29% | - |
| Other Operating Expenses | 0 | -331.52K | 0 | 573 | 0 | 0 | 0 | 5.1M | 5.45M | 3.85M |
| Operating Income | -3.73M▲ 0% | -2.84M▲ 24.1% | -2.6M▲ 8.5% | -2.43M▲ 6.3% | -3.57M▼ 46.7% | -4.83M▼ 35.4% | -3.75M▲ 22.4% | -3.24M▲ 13.6% | -2.08M▲ 35.9% | -1.67M▲ 0% |
| Operating Margin % | -10077.82% | - | -3466.43% | -992.89% | -1040.23% | -557.21% | -19.14% | -12.79% | -8.57% | -7.73% |
| Operating Income Growth % | 28.77% | 24.07% | 8.45% | 6.29% | -46.68% | -35.4% | 22.44% | 13.58% | 35.92% | - |
| EBITDA | -3.7M | -2.79M | -2.57M | -2.4M | -3.47M | -4.71M | -2.98M | -2.1M | -863K | -514K |
| EBITDA Margin % | -9996.33% | - | -3438.44% | -979.01% | -1011.66% | -543.71% | -15.21% | -8.31% | -3.57% | -2.37% |
| EBITDA Growth % | 28.05% | 24.61% | 7.79% | 6.85% | -44.67% | -35.85% | 36.85% | 29.32% | 58.98% | -8.9% |
| D&A (Non-Cash Add-back) | 30.2K | 43.09K | 20.96K | 34K | 98K | 117K | 770K | 1.13M | 1.21M | 1.16M |
| EBIT | -1.63M | -3.17M | -2.6M | -2.41M | -3.57M | -4.83M | -14.31M | -3.23M | -3.69M | -4.63M |
| Net Interest Income | -12.87K | 0 | 6.66K | -97K | -2.05M | 0 | -88K | -161K | -130K | -34K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54K |
| Interest Expense | 12.87K | 218.32K | 6.66K | 97K | 2.05M | 0 | 88K | 161K | 130K | 88K |
| Other Income/Expense | 2.09M | -549.84K | -336.66K | -74.43K | -2.33M | 8.44M | -10.65M | -152K | -1.75M | -3.04M |
| Pretax Income | -1.65M▲ 0% | -3.39M▼ 105.6% | -2.93M▲ 13.4% | -2.51M▲ 14.5% | -5.9M▼ 135.4% | 3.61M▲ 161.2% | -14.4M▼ 498.6% | -3.39M▲ 76.5% | -3.82M▼ 12.8% | -4.72M▲ 0% |
| Pretax Margin % | -4442.73% | - | -3916.01% | -1023.27% | -1720.7% | 416.61% | -73.55% | -13.39% | -15.8% | -21.78% |
| Income Tax | 12.87K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.78% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -1.65M▲ 0% | -3.39M▼ 105.6% | -2.93M▲ 13.4% | -2.51M▲ 14.5% | -5.9M▼ 135.4% | 3.61M▲ 161.2% | -14.4M▼ 498.6% | -3.39M▲ 76.5% | -3.82M▼ 12.8% | -4.72M▲ 0% |
| Net Margin % | -4442.73% | - | -3916.01% | -1023.27% | -1720.7% | 416.61% | -73.55% | -13.39% | -15.8% | -21.78% |
| Net Income Growth % | 28.48% | -105.64% | 13.38% | 14.51% | -135.42% | 161.2% | -498.62% | 76.46% | -12.8% | -42.1% |
| Net Income (Continuing) | -1.65M | -3.39M | -2.93M | -2.51M | -5.9M | 3.61M | -14.4M | -3.39M | -3.82M | -4.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -9.88▲ 0% | -3.16▲ 68.0% | -1.43▲ 54.7% | -1.20▲ 16.1% | -1.48▼ 23.3% | 0.49▲ 133.1% | -1.70▼ 446.9% | -0.35▲ 79.4% | -0.37▼ 5.7% | -0.37▲ 0% |
| EPS Growth % | 48.7% | 68.02% | 54.75% | 16.08% | -23.33% | 133.11% | -446.94% | 79.41% | -5.71% | -18.56% |
| EPS (Basic) | -9.88 | -3.16 | -1.43 | -1.20 | -1.48 | 0.51 | -1.70 | -0.35 | -0.37 | - |
| Diluted Shares Outstanding | 166.61K | 1.07M | 2.04M | 2.15M | 3.98M | 7.38M | 8.47M | 9.77M | 10.4M | 12.68M |
| Basic Shares Outstanding | 166.61K | 1.07M | 2.04M | 2.15M | 3.98M | 7.11M | 8.47M | 9.69M | 10.4M | 12.68M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
VerifyMe, Inc. (VRME) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 49.16K | 711.67K | 1.77M | 447K | 8.2M | 10.01M | 9.46M | 7.69M | 6.36M | 7.87M |
| Cash & Short-Term Investments | 22.64K | 693K | 1.67M | 253K | 7.94M | 9.42M | 3.41M | 3.1M | 2.82M | 4.01M |
| Cash Only | 22.64K | 693K | 1.67M | 253K | 7.94M | 9.42M | 3.41M | 3.1M | 2.82M | 4.01M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 30.37K | 81K | 31K | 297K | 5.63M | 4.3M | 3.37M | 3.5M |
| Days Sales Outstanding | - | - | 148.04 | 120.67 | 32.99 | 125.03 | 105.03 | 61.99 | 50.8 | 41.63 |
| Inventory | 17.09K | 0 | 41.98K | 30K | 54K | 52K | 81K | 38K | 39K | 32K |
| Days Inventory Outstanding | 256.08 | - | 532.03 | 243.33 | 317.9 | 70.82 | 2.26 | 0.8 | 0.92 | 1.03 |
| Other Current Assets | 0 | 0 | 25.78K | 51K | 0 | 0 | 100K | 0 | 131K | 0 |
| Total Non-Current Assets | 231.95K | 191.51K | 279.28K | 496K | 573K | 11.68M | 11.29M | 13.02M | 9.71M | 5.39M |
| Property, Plant & Equipment | 0 | 0 | 0 | 177K | 200K | 204K | 761K | 708K | 352K | 146K |
| Fixed Asset Turnover | - | - | - | 1.38x | 1.72x | 4.25x | 25.72x | 35.75x | 68.77x | 101.38x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 3.99M | 5.38M | 3.99M | 2.93M |
| Intangible Assets | 231.95K | 191.51K | 279.28K | 319K | 373K | 509K | 6.41M | 6.75M | 5.37M | 2.32M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 10.96M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 133K | 174K | 0 | 313K |
| Total Assets | 281.11K▲ 0% | 903.18K▲ 221.3% | 2.05M▲ 127.0% | 943K▼ 54.0% | 8.77M▲ 830.4% | 21.69M▲ 147.2% | 20.75M▼ 4.3% | 20.7M▼ 0.2% | 16.07M▼ 22.4% | 13.26M▲ 0% |
| Asset Turnover | 0.13x | - | 0.04x | 0.26x | 0.04x | 0.04x | 0.94x | 1.22x | 1.51x | 1.36x |
| Asset Growth % | -16.62% | 221.28% | 127.05% | -54.01% | 830.43% | 147.18% | -4.32% | -0.23% | -22.4% | -39.51% |
| Total Current Liabilities | 1.56M | 1.1M | 480.25K | 1.01M | 383K | 450K | 5.43M | 5.14M | 4.24M | 2.13M |
| Accounts Payable | 867.44K | 923.2K | 411.21K | 422K | 383K | 341K | 3.91M | 3.31M | 2.97M | 978K |
| Days Payables Outstanding | 13K | 7.82K | 5.21K | 3.42K | 2.25K | 464.42 | 109.1 | 69.89 | 69.76 | 44.03 |
| Short-Term Debt | 68.07K | 50K | 0 | 298K | 0 | 0 | 500K | 500K | 500K | 750K |
| Deferred Revenue (Current) | -803.42K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 623.46K | 122.48K | 0 | 171K | 0 | 0 | 0 | 173K | 0 | 0 |
| Current Ratio | 0.03x | 0.65x | 3.69x | 0.44x | 21.41x | 22.25x | 1.74x | 1.50x | 1.50x | 1.50x |
| Quick Ratio | 0.02x | 0.65x | 3.60x | 0.41x | 21.27x | 22.13x | 1.73x | 1.49x | 1.49x | 1.49x |
| Cash Conversion Cycle | - | - | -4.53K | -3.06K | -1.9K | -268.57 | -1.81 | -7.1 | -18.05 | -1.38 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 0 | 72K | 71K | 1.74M | 3.03M | 1.61M | 32K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 72K | 0 | 1.38M | 1.98M | 1.48M | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 359K | 307K | 139K | 268K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 71K | 3K | 751K | 0 | 0 |
| Total Liabilities | 1.56M | 1.1M | 480.25K | 1.01M | 455K | 521K | 7.17M | 8.17M | 5.85M | 2.16M |
| Total Debt | 68.07K | 50K | 0 | 298K | 72K | 0 | 2.35M | 2.95M | 2.22M | 833K |
| Net Debt | 45.42K | -643K | -1.67M | 45K | -7.87M | -9.42M | -1.06M | -143K | -601K | -3.17M |
| Debt / Equity | - | - | - | - | 0.01x | - | 0.17x | 0.24x | 0.22x | 0.22x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -1.62x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 6.18x |
| Interest Coverage | -290.14x | -12.99x | -389.53x | -25.08x | -1.74x | - | -42.58x | -20.11x | -15.96x | -52.63x |
| Total Equity | -1.28M▲ 0% | -192.5K▲ 84.9% | 1.57M▲ 915.8% | -67K▼ 104.3% | 8.32M▲ 12516.4% | 21.17M▲ 154.4% | 13.59M▼ 35.8% | 12.53M▼ 7.8% | 10.21M▼ 18.5% | 11.1M▲ 0% |
| Equity Growth % | 41.06% | 84.94% | 915.76% | -104.27% | 12516.42% | 154.44% | -35.82% | -7.77% | -18.49% | 25.48% |
| Book Value per Share | -7.67 | -0.18 | 0.77 | -0.03 | 2.09 | 2.87 | 1.60 | 1.28 | 0.98 | 0.88 |
| Total Shareholders' Equity | -1.28M | -192.5K | 1.57M | -67K | 8.32M | 21.17M | 13.59M | 12.53M | 10.21M | 11.1M |
| Common Stock | 8.33K | 53.52K | 102.2K | 2K | 6K | 7K | 10K | 10K | 11K | 13K |
| Retained Earnings | -41.64M | -56.33M | -59.26M | -61.77M | -67.67M | -64.06M | -78.46M | -81.85M | -85.67M | -89.89M |
| Treasury Stock | -113.39K | -113.39K | -113.39K | -113K | -113K | -838K | -949K | -659K | -480K | -502K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | -3K | -2K | 12K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
VerifyMe, Inc. (VRME) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -1.34M | -935.92K | -2.38M | -1.58M | -2.28M | -3.25M | -2.55M | 244K | 871K | 871K |
| Operating CF Margin % | -3628.95% | - | -3173.86% | -644.49% | -665.01% | -375.32% | -13.03% | 0.96% | 3.6% | - |
| Operating CF Growth % | 10.07% | 30.4% | -153.94% | 33.56% | -44.46% | -42.66% | 21.6% | 109.56% | 256.97% | 2015.02% |
| Net Income | -1.65M | -3.39M | -2.93M | -2.51M | -5.9M | 3.61M | -14.4M | -3.39M | -3.82M | -4.72M |
| Depreciation & Amortization | 30.2K | 43.09K | 20.96K | 34K | 98K | 117K | 770K | 1.13M | 1.21M | 1.16M |
| Stock-Based Compensation | 2.11M | 139.81K | 323.12K | 138K | 590K | 1.63M | 145K | 200K | 255K | 167K |
| Deferred Taxes | -1.38M | 1.3M | 245.53K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 712.6K | 901.06K | 102.88K | 740K | 3.09M | -8.36M | 11.95M | 1.68M | 2.92M | 4.98M |
| Working Capital Changes | 253.83K | 69.72K | -136.74K | 16K | -156K | -258K | -1.02M | 620K | 304K | -468K |
| Change in Receivables | 0 | 0 | -30.37K | -51K | 50K | -354K | -3.35M | 1.2M | 819K | 440K |
| Change in Inventory | 11.59K | 17.09K | -41.98K | 12K | -24K | 2K | -29K | -57K | 0 | 3K |
| Change in Payables | 251.66K | 61.87M | -352.01M | 0 | -37K | 69K | 3.62M | -531K | -630K | -695K |
| Cash from Investing | 0 | -2.65K | -108.74K | -302K | -125K | -2.85M | -7.88M | -1.2M | -575K | -2.79M |
| Capital Expenditures | 0 | -2.65K | -108.74K | -228K | -22K | -258K | -276K | -35K | -7K | -566K |
| CapEx % of Revenue | - | - | 145.21% | 93.06% | 6.41% | 29.76% | 1.41% | 0.14% | 0.03% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -2.59M | -7.5M | -363K | -52K | -52K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -2.65K | -108.74K | -74K | -103K | 0 | -140K | -797K | -516K | -2.17M |
| Cash from Financing | 1.36M | 1.61M | 3.47M | 461K | 10.09M | 7.59M | 4.42M | 634K | -616K | 3.02M |
| Debt Issued (Net) | 79K | 281K | 0 | 461K | 1.07M | -3K | 118K | 600K | -500K | -1M |
| Equity Issued (Net) | 1000K | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 70K | 3K | 762K |
| Dividends Paid | -1.28M | -596.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -725K | -291K | -10K | -18K | -238K |
| Other Financing | -17.5K | 598.21M | 2.31M | 0 | 0 | -131K | 68K | -36K | -119K | -87K |
| Net Change in Cash | 18.49K▲ 0% | 670.36K▲ 3525.1% | 980.2K▲ 46.2% | -1.42M▼ 244.9% | 7.69M▲ 641.3% | 1.48M▼ 80.7% | -6.01M▼ 505.3% | -316K▲ 94.7% | -272K▲ 13.9% | 1.4M▲ 0% |
| Free Cash Flow | -1.34M▲ 0% | -938.57K▲ 30.2% | -2.49M▼ 164.8% | -1.88M▲ 24.3% | -2.41M▼ 27.9% | -3.51M▼ 46.0% | -2.83M▲ 19.5% | -530K▲ 81.3% | 348K▲ 165.7% | 615K▲ 0% |
| FCF Margin % | -3628.95% | - | -3319.07% | -767.76% | -701.46% | -405.07% | -14.44% | -2.09% | 1.44% | 2.84% |
| FCF Growth % | 10.22% | 30.2% | -164.81% | 24.32% | -27.91% | -45.97% | 19.5% | 81.25% | 165.66% | -9.16% |
| FCF per Share | -8.07 | -0.88 | -1.22 | -0.88 | -0.60 | -0.48 | -0.33 | -0.05 | 0.03 | 0.03 |
| FCF Conversion (FCF/Net Income) | 0.82x | 0.28x | 0.81x | 0.63x | 0.39x | -0.90x | 0.18x | -0.07x | -0.23x | -0.13x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 165K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
VerifyMe, Inc. (VRME) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -425.65% | -333.52% | -143.04% | 24.5% | -82.86% | -25.96% | -33.63% | -37.45% |
| Return on Invested Capital (ROIC) | - | - | - | - | -1244.65% | -59.41% | -23.16% | -19.5% | -14.15% | -14.15% |
| Gross Margin | 34.25% | - | 61.54% | 81.63% | 81.92% | 69.09% | 33.14% | 31.71% | 35.78% | 34.94% |
| Net Margin | -4442.73% | - | -3916.01% | -1023.27% | -1720.7% | 416.61% | -73.55% | -13.39% | -15.8% | -21.78% |
| Debt / Equity | - | - | - | - | 0.01x | - | 0.17x | 0.24x | 0.22x | 0.22x |
| Interest Coverage | -290.14x | -12.99x | -389.53x | -25.08x | -1.74x | - | -42.58x | -20.11x | -15.96x | -52.63x |
| FCF Conversion | 0.82x | 0.28x | 0.81x | 0.63x | 0.39x | -0.90x | 0.18x | -0.07x | -0.23x | -0.13x |
| Revenue Growth | -82.95% | -100% | - | 227.17% | 40% | 152.77% | 2157.9% | 29.31% | -4.37% | -14.21% |
VerifyMe, Inc. (VRME) stock FAQ — growth, dividends, profitability & financials explained
VerifyMe, Inc. (VRME) reported $21.7M in revenue for fiscal year 2024. This represents a 183489% increase from $0.0M in 2001.
VerifyMe, Inc. (VRME) saw revenue decline by 4.4% over the past year.
VerifyMe, Inc. (VRME) reported a net loss of $4.7M for fiscal year 2024.
VerifyMe, Inc. (VRME) has a return on equity (ROE) of -33.6%. Negative ROE indicates the company is unprofitable.
VerifyMe, Inc. (VRME) generated $0.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
VerifyMe, Inc. (VRME) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates