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VerifyMe (VRME) Company Overview

Profile

Full Name:

VerifyMe, Inc.

Country:

United States

IPO:

December 5, 2000

Indexes:

Not included

Description:

VerifyMe (VRME) is a technology company that provides secure authentication and verification solutions. They help businesses protect their products and brands from counterfeiting and fraud using advanced technologies like blockchain and digital tracking. Their services enhance trust and transparency in various industries, including retail and pharmaceuticals.

Key Details

Price

$1.30

Annual Revenue

$25.31 M(+29.31% YoY)

Annual EPS

-$0.35(+79.41% YoY)

Annual ROE

-25.96%

Beta

-0.16

Events Calendar

Earnings

Next earnings date:

Mar 21, 2025

Recent quarterly earnings:

Nov 12, 2024

Recent annual earnings:

Mar 21, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Jun 18, 2020

Analyst ratings

Recent major analysts updates

Aug 14, 24 Barrington Research
Outperform
May 24, 24 Barrington Research
Outperform
May 15, 24 Barrington Research
Outperform
Mar 22, 24 Barrington Research
Outperform
Aug 15, 23 Barrington Research
Outperform
Aug 14, 23 Maxim Group
Buy
May 12, 23 Barrington Research
Outperform
Mar 29, 23 Barrington Research
Outperform
Aug 17, 22 Maxim Group
Buy
Jul 14, 22 Barrington Research
Outperform

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VerifyMe, Inc. (VRME) Q3 2024 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q3 2024 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q3 2024 Earnings Call Transcript
VRME
seekingalpha.comNovember 12, 2024

VerifyMe, Inc. (NASDAQ:VRME ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Nancy Meyers - CFO Adam Stedham - CEO Conference Call Participants Michael Petusky - Barrington Research Jack Vander Aarde - Maxim Group Operator Hello, and welcome to the VerifyMe Third Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.

VerifyMe, Inc. (VRME) Reports Q3 Loss, Lags Revenue Estimates
VerifyMe, Inc. (VRME) Reports Q3 Loss, Lags Revenue Estimates
VerifyMe, Inc. (VRME) Reports Q3 Loss, Lags Revenue Estimates
VRME
zacks.comNovember 12, 2024

VerifyMe, Inc. (VRME) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.06 per share a year ago.

VerifyMe Reports Third Quarter 2024 Financial Results
VerifyMe Reports Third Quarter 2024 Financial Results
VerifyMe Reports Third Quarter 2024 Financial Results
VRME
prnewswire.comNovember 12, 2024

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 in Q3 2024, including $1.8M of one-time adjustments, compared to a net loss of ($0.9) million in Q3 2023 Adjusted EBITDA1 of $0.2 million in Q3 2024, compared to Adjusted EBITDA of $0.2 million in Q3 2023 LAKE MARY, Fla. , Nov. 12, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today the Company's financial results for its third quarter ended September 30, 2024 ("Q3 2024").

VerifyMe, Inc. (VRME) Q2 2024 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q2 2024 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q2 2024 Earnings Call Transcript
VRME
seekingalpha.comAugust 13, 2024

VerifyMe, Inc. (NASDAQ:VRME ) Q2 2024 Earnings Conference Call August 13, 2024 11:00 AM ET Company Participants Nancy Meyers - CFO Adam Stedham - CEO Conference Call Participants Jack Vander Aarde - Maxim Group Michael Petusky - Barrington Research Operator Good day, and welcome to the VerifyMe Second Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.

VerifyMe Reports Second Quarter 2024 Financial Results
VerifyMe Reports Second Quarter 2024 Financial Results
VerifyMe Reports Second Quarter 2024 Financial Results
VRME
prnewswire.comAugust 13, 2024

Quarterly revenue of $5.4 million in Q2 2024, compared to $5.3 million in Q2 2023 Gross Profit of $2.1 million or 39% in Q2 2024, compared to $1.6 million or 30% in Q2 2023, an increase of 32% Net loss of ($0.3) million in Q2 2024, compared to a net loss of ($0.9) million in Q2 2023 Adjusted EBITDA(1) of $0.2 million in Q2 2024, compared to Adjusted EBITDA loss of ($0.4) million in Q2 2023 LAKE MARY, Fla. , Aug. 13, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today the Company's financial results for its second quarter ended June 30, 2024 ("Q2 2024").

VerifyMe to Report Second Quarter 2024 Financial Results on August 13, 2024
VerifyMe to Report Second Quarter 2024 Financial Results on August 13, 2024
VerifyMe to Report Second Quarter 2024 Financial Results on August 13, 2024
VRME
prnewswire.comAugust 7, 2024

LAKE MARY, Fla. , Aug. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the second quarter ended June 30, 2024 on August 13, 2024.

VerifyMe Provides 2024 Outlook Update
VerifyMe Provides 2024 Outlook Update
VerifyMe Provides 2024 Outlook Update
VRME
prnewswire.comMay 23, 2024

LAKE MARY, Fla. ,  May 23, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability,  authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today an update on its 2024 outlook.

VerifyMe, Inc. (VRME) Q4 2023 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q4 2023 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q4 2023 Earnings Call Transcript
VRME
Seeking AlphaMarch 21, 2024

VerifyMe, Inc. (VRME) Q4 2023 Earnings Call Transcript

VerifyMe, Inc. (VRME) Q4 Earnings and Revenues Miss Estimates
VerifyMe, Inc. (VRME) Q4 Earnings and Revenues Miss Estimates
VerifyMe, Inc. (VRME) Q4 Earnings and Revenues Miss Estimates
VRME
Zacks Investment ResearchMarch 21, 2024

VerifyMe, Inc. (VRME) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.01 per share a year ago.

VerifyMe, Inc. (VRME) Q3 2023 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q3 2023 Earnings Call Transcript
VerifyMe, Inc. (VRME) Q3 2023 Earnings Call Transcript
VRME
Seeking AlphaNovember 8, 2023

VerifyMe, Inc. (VRME) Q3 2023 Earnings Call Transcript

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FAQ

  • What is the ticker symbol for VerifyMe?
  • Does VerifyMe pay dividends?
  • What sector is VerifyMe in?
  • What industry is VerifyMe in?
  • What country is VerifyMe based in?
  • When did VerifyMe go public?
  • Is VerifyMe in the S&P 500?
  • Is VerifyMe in the NASDAQ 100?
  • Is VerifyMe in the Dow Jones?
  • When was VerifyMe's last earnings report?
  • When does VerifyMe report earnings?
  • Should I buy VerifyMe stock now?

What is the ticker symbol for VerifyMe?

The ticker symbol for VerifyMe is NASDAQ:VRME

Does VerifyMe pay dividends?

No, VerifyMe does not pay dividends

What sector is VerifyMe in?

VerifyMe is in the Industrials sector

What industry is VerifyMe in?

VerifyMe is in the Security & Protection Services industry

What country is VerifyMe based in?

VerifyMe is headquartered in United States

When did VerifyMe go public?

VerifyMe's initial public offering (IPO) was on December 5, 2000

Is VerifyMe in the S&P 500?

No, VerifyMe is not included in the S&P 500 index

Is VerifyMe in the NASDAQ 100?

No, VerifyMe is not included in the NASDAQ 100 index

Is VerifyMe in the Dow Jones?

No, VerifyMe is not included in the Dow Jones index

When was VerifyMe's last earnings report?

VerifyMe's most recent earnings report was on Nov 12, 2024

When does VerifyMe report earnings?

The next expected earnings date for VerifyMe is Mar 21, 2025

Should I buy VerifyMe stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions