VerifyMe Stock (NASDAQ:VRME)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$1.31

52W Range

$0.85 - $2.45

50D Avg

$1.33

200D Avg

$1.36

Market Cap

$13.65M

Avg Vol (3M)

$17.50K

Beta

0.76

Div Yield

-

VRME Company Profile


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.

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Industry

Security & Protection Services

Sector

Industrials

Exchange

NASDAQ

ADR

-

Country

US

Employees

50

IPO Date

Dec 05, 2000

Website

VRME Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceMar 24
Premium Services$1.39M

Fiscal year ends in Dec 23 | Currency in USD

VRME Financial Summary


Dec 23Dec 22Dec 21
Revenue$25.31M$19.58M$867.00K
Operating Income$-3.33M$6.08M$-13.39M
Net Income$-3.39M$-14.49M$12.17M
EBITDA$-2.19M$6.85M$-13.27M
Basic EPS$-0.35$-1.71$1.71
Diluted EPS$-0.35$-1.71$1.65

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 13, 24 | 4:47 PM
Q1 24May 14, 24 | 12:00 AM
Q4 23Mar 21, 24 | 3:10 PM

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