VerifyMe, Inc. (VRME)
| Market Cap | 10.64M |
| Revenue (ttm) | 16.40M |
| Net Income (ttm) | -4.91M |
| Shares Out | 13.12M |
| EPS (ttm) | -0.39 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 20,037 |
| Open | 0.818 |
| Previous Close | 0.820 |
| Day's Range | 0.810 - 0.830 |
| 52-Week Range | 0.591 - 1.510 |
| Beta | 0.50 |
| Analysts | Strong Buy |
| Price Target | 1.50 (+84.87%) |
| Earnings Date | May 13, 2026 |
About VRME
VerifyMe, Inc. offers brand protection and precision logistics solutions. The company operates through two segments, Precision Logistics and Authentication. The Precision Logistics segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment provides PeriTrack customer dashboard, an integrated web portal tool that gives its customers an in-depth look at their shipping activities based on real-time data. It offers service center, pre-transit, post-delivery, and weather/traffic se... [Read more]
Financial Performance
In 2025, VerifyMe's revenue was $16.40 million, a decrease of -32.26% compared to the previous year's $24.21 million. Losses were -$4.91 million, 28.3% more than in 2024.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for VRME stock is "Strong Buy." The 12-month stock price target is $1.5, which is an increase of 84.87% from the latest price.
News
VerifyMe Reports Fourth Quarter 2025 Financial Results
LAKE MARY, Fla.--(BUSINESS WIRE)--VerifyMe Reports Fourth Quarter 2025 Financial Results.
Halper Sadeh LLC is Investigating Whether TPH and VRME are Obtaining Fair Deals for their Shareholders
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders. The proposed transactions may contain terms that could limit superior competing offers.
Open World and VerifyMe Sign Definitive Merger Agreement
LAKE MARY, Fla.--(BUSINESS WIRE)--VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe”), a provider of authentication and precision logistics technologies and Open World Ltd. (“Open World”), a blockchain infrast...
VerifyMe, Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement
LAKE MARY, Fla.--(BUSINESS WIRE)--VerifyMe, Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement.
Open World Launches Saudi Arabia's First RWA Tokenization Center of Excellence to Advance Vision 2030 Digital Economy Goals
AL KHOBAR, Saudi Arabia--(BUSINESS WIRE)--Open World Ltd. (“Open World”), a blockchain infrastructure company with experience supporting large-scale digital asset initiatives, today announced the esta...
Token Economy Leader Open World and VerifyMe Announce Plans to List on Nasdaq via Proposed Strategic Merger
NEW YORK--(BUSINESS WIRE)--Open World Ltd. (Open World), a trusted strategic partner behind many of the Web3 ecosystem's most influential launches, today announced it has entered into a letter of inte...
VerifyMe and Token Economy Leader Open World Announces Plan for Strategic Merger
LAKE MARY, Fla.--(BUSINESS WIRE)--VerifyMe and Token Economy Leader Open World Announce Plan for Strategic Merger.
VerifyMe Earnings Call Transcript: Q3 2025
Q3 2025 saw revenue decline year-over-year due to discontinued services and a major shipping partner transition, but gross margin improved to 41%. A $3.9 million non-cash impairment was recognized, while adjusted EBITDA and operating income improved. The company remains cash flow positive and expects stable margins despite near-term revenue headwinds.
VerifyMe Reports Third Quarter 2025 Financial Results
LAKE MARY, Fla.--(BUSINESS WIRE)--VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe,” “we,” “our,” or the “Company”), which provides brand owners time and temperature sensitive logistics, and brand protection ...
VerifyMe to Report Third Quarter 2025 Financial Results on November 17, 2025
LAKE MARY, Fla.--(BUSINESS WIRE)--VerifyMe to Report Third Quarter 2025 Financial Results on November 17, 2025.
VerifyMe Provides Services Update
LAKE MARY, Fla. , Sept. 11, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiary PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company"...
VerifyMe Earnings Call Transcript: Q2 2025
Q2 2025 saw revenue and gross profit declines due to prior customer losses, but cost reductions led to improved adjusted EBITDA and a stronger cash position. Integration with a second major carrier and strategic capital deployment are expected to drive growth in 2026.
VerifyMe Reports Second Quarter 2025 Financial Results
Cash of $6.1 million as of June 30, 2025, with cash provided by operations of $0.7 million in Q2 2025, compared to $0.4 million in Q2 2024 Quarterly revenue of $4.5 million in Q2 2025, compared to $5....
VerifyMe to Report First Quarter 2025 Financial Results on August 13, 2025
LAKE MARY, Fla. , Aug. 8, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand prote...
VerifyMe Earnings Call Transcript: Q1 2025
Revenue fell 23% year-over-year in Q1 2025 due to discontinued operations and customer insourcing, but cost reductions and a strong cash position helped offset margin pressure. The company expects continued revenue headwinds in Q2, with easier comparisons in the second half, and is focused on organic growth and strategic acquisitions.
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 20...
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 protec...
VerifyMe Earnings Call Transcript: Q4 2024
2024 saw a 4% revenue decline due to underperforming investments and the loss of a major customer, but gross margin improved to 36% and adjusted EBITDA was positive for the year. The company strengthened its balance sheet, divested a loss-making business, and expects continued top-line pressure in early 2025.
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 qu...
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...
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...
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...
VerifyMe Earnings Call Transcript: Q3 2024
Gross margin and Adjusted EBITDA improved in 2024, but revenue declined due to the loss of a premium customer and weak authentication segment performance. Strategic focus is shifting away from code services, with a $2.3M impairment recorded and investments redirected to higher-return areas.
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 ...
VerifyMe to Report Third Quarter 2024 Financial Results on November 12, 2024
LAKE MARY, Fla. , Nov. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global...