VerifyMe (VRME) Revenue & Revenue Breakdown


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VerifyMe Revenue Highlights


Latest Revenue (Y)

$25.31M

Latest Revenue (Q)

$5.76M

VerifyMe Revenue by Period


VerifyMe Revenue by Year

DateRevenueChange
2023-12-31$25.31M29.31%
2022-12-31$19.58M2157.90%
2021-12-31$867.00K152.77%
2020-12-31$343.00K40.14%
2019-12-31$244.75K226.84%
2018-12-31$74.88K100.00%
2017-12-31--100.00%
2016-12-31$37.05K-82.95%
2015-12-31$217.27K74.38%
2014-12-31$124.60K3868.09%
2013-12-31$3.14K-81.56%
2012-12-31$17.03K91.68%
2011-12-31$8.88K-83.46%
2010-12-31$53.72K168.61%
2009-12-31$20.00K-66.67%
2008-12-31$60.00K-80.14%
2007-12-31$302.19K145.47%
2006-12-31$123.10K-41.14%
2005-12-31$209.16K93.33%
2004-12-31$108.19K74.16%
2003-12-31$62.12K-50.81%
2002-12-31$126.30K970.06%
2001-12-31$11.80K-

VerifyMe generated $25.31M in revenue during NA 2023, up 29.31% compared to the previous quarter, and up 33802.95% compared to the same period a year ago.

VerifyMe Revenue by Quarter

DateRevenueChange
2024-03-31$5.76M-33.90%
2023-12-31$8.71M55.48%
2023-09-30$5.60M5.04%
2023-06-30$5.33M-5.76%
2023-03-31$5.66M-41.66%
2022-12-31$9.70M86.06%
2022-09-30$5.21M15.97%
2022-06-30$4.50M2693.17%
2022-03-31$161.00K-36.86%
2021-12-31$255.00K-15.00%
2021-09-30$300.00K141.94%
2021-06-30$124.00K-34.04%
2021-03-31$188.00K150.00%
2020-12-31$75.20K-25.32%
2020-09-30$100.70K33.81%
2020-06-30$75.26K-18.06%
2020-03-31$91.85K-9.59%
2019-12-31$101.59K80.68%
2019-09-30$56.23K38.90%
2019-06-30$40.48K-12.86%
2019-03-31$46.45K16.68%
2018-12-31$39.81K40.81%
2018-09-30$28.27K315.84%
2018-06-30$6.80K100.00%
2018-03-31--100.00%
2017-12-31$-392.00-200.00%
2017-09-30$392.00100.00%
2017-06-30-100.00%
2017-03-31--100.00%
2016-12-31$25.35K100.00%
2016-09-30--100.00%
2016-06-30$11.71K100.00%
2016-03-31--100.00%
2015-12-31$1.00-100.00%
2015-09-30$142.64K108.62%
2015-06-30$68.38K994.00%
2015-03-31$6.25K0.97%
2014-12-31$6.19K-88.38%
2014-09-30$53.26K-18.25%
2014-06-30$65.15K100.00%
2014-03-31-100.00%
2013-12-31-100.00%
2013-09-30-100.00%
2013-06-30--100.00%
2013-03-31$3.14K100.00%
2012-12-31--100.00%
2012-09-30$3.29K100.00%
2012-06-30--100.00%
2012-03-31$13.74K100.00%
2011-12-31--100.00%
2011-09-30$2.40K-34.85%
2011-06-30$3.69K-43.06%
2011-03-31$6.48K-35.20%
2010-12-31$10.00K-
2010-09-30$10.00K-66.67%
2010-06-30$30.00K100.00%
2010-03-31--100.00%
2008-12-31$30.00K320.46%
2008-09-30$7.13K-53.35%
2008-06-30$15.29K-3.07%
2008-03-31$15.78K-396.71%
2007-12-31$-5.32K-108.45%
2007-09-30$62.96K206.96%
2007-06-30$20.51K-90.84%
2007-03-31$224.03K710.35%
2006-12-31$27.65K-

VerifyMe generated $5.76M in revenue during Q1 2024, up -33.90% compared to the previous quarter, and up 59.35% compared to the same period a year ago.

VerifyMe Revenue Breakdown


VerifyMe Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceMar 24
Premium Services$1.39M

VerifyMe's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Premium Services (100.00%).

VerifyMe Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
USIOUsio$82.59M$20.32M
SSNTQXO$54.52M$14.44M
MDIAMediaCo$32.39M$26.20M
VRMEVerifyMe$25.31M$5.76M
WHLMWilhelmina$17.21M$4.17M
OBLGOblong$3.81M$626.00K

VRME Revenue FAQ


VerifyMe's yearly revenue for 2023 was $25.31M, representing an increase of 29.31% compared to 2022. The company's yearly revenue for 2022 was $19.58M, representing an increase of 2157.90% compared to 2021. VRME's yearly revenue for 2021 was $867K, representing an increase of 152.77% compared to 2020.

VerifyMe's quarterly revenue for Q1 2024 was $5.76M, a -33.90% decrease from the previous quarter (Q4 2023), and a 1.73% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $8.71M, a 55.48% increase from the previous quarter (Q3 2023), and a -10.20% decrease year-over-year (Q4 2022). VRME's quarterly revenue for Q3 2023 was $5.6M, a 5.04% increase from the previous quarter (Q2 2023), and a 7.46% increase year-over-year (Q3 2022).

VerifyMe's revenue growth rate for the last 3 years (2021-2023) was 2819.61%, and for the last 5 years (2019-2023) was 10242.47%.