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VerifyMe NasdaqCM:VRME Stock Report

Last Price

US$1.60

Market Cap

US$16.3m

7D

8.8%

1Y

12.7%

Updated

11 Jun, 2024

Data

Company Financials +

VerifyMe, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VerifyMe
Historical stock prices
Current Share PriceUS$1.60
52 Week HighUS$2.45
52 Week LowUS$0.85
Beta0.53
1 Month Change-9.09%
3 Month Change32.23%
1 Year Change12.68%
3 Year Change-55.92%
5 Year Change-80.51%
Change since IPO-99.70%

Recent News & Updates

Is VerifyMe (NASDAQ:VRME) Using Debt In A Risky Way?

May 29
Is VerifyMe (NASDAQ:VRME) Using Debt In A Risky Way?

Recent updates

Is VerifyMe (NASDAQ:VRME) Using Debt In A Risky Way?

May 29
Is VerifyMe (NASDAQ:VRME) Using Debt In A Risky Way?

A Piece Of The Puzzle Missing From VerifyMe, Inc.'s (NASDAQ:VRME) 25% Share Price Climb

Apr 02
A Piece Of The Puzzle Missing From VerifyMe, Inc.'s (NASDAQ:VRME) 25% Share Price Climb

US$2.85: That's What Analysts Think VerifyMe, Inc. (NASDAQ:VRME) Is Worth After Its Latest Results

Mar 24
US$2.85: That's What Analysts Think VerifyMe, Inc. (NASDAQ:VRME) Is Worth After Its Latest Results

Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?

Feb 17
Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?

VerifyMe, Inc.'s (NASDAQ:VRME) Subdued P/S Might Signal An Opportunity

Nov 13
VerifyMe, Inc.'s (NASDAQ:VRME) Subdued P/S Might Signal An Opportunity

Does VerifyMe (NASDAQ:VRME) Have A Healthy Balance Sheet?

Jul 31
Does VerifyMe (NASDAQ:VRME) Have A Healthy Balance Sheet?

Rock star Growth Puts VerifyMe (NASDAQ:VRME) In A Position To Use Debt

Mar 21
Rock star Growth Puts VerifyMe (NASDAQ:VRME) In A Position To Use Debt

VerifyMe enters into contract with international luxury apparel company

Oct 06

VerifyMe subsidiary enters into a $2M term loan agreement and a $1M line of credit

Sep 27

VerifyMe extends services deal with client by two years

Aug 31

Here's Why VerifyMe (NASDAQ:VRME) Can Manage Its Debt Despite Losing Money

Aug 19
Here's Why VerifyMe (NASDAQ:VRME) Can Manage Its Debt Despite Losing Money

VerifyMe soars 35% after liquidation of G3 VRM SPAC, launch of new buyback plan

Jul 01

Venture Capital Pick: VerifyMe Primed For High Growth

Apr 25

VerifyMe: Set For Triple-Digit Revenue Growth

Dec 06

VerifyMe's (NASDAQ:VRME) Robust Earnings Are Not All Good News For Shareholders

Nov 17
VerifyMe's (NASDAQ:VRME) Robust Earnings Are Not All Good News For Shareholders

VerifyMe (NASDAQ:VRME) Is In A Strong Position To Grow Its Business

Aug 17
VerifyMe (NASDAQ:VRME) Is In A Strong Position To Grow Its Business

Analysts Expect Breakeven For VerifyMe, Inc. (NASDAQ:VRME) Before Long

Apr 14
Analysts Expect Breakeven For VerifyMe, Inc. (NASDAQ:VRME) Before Long

When Will VerifyMe, Inc. (NASDAQ:VRME) Turn A Profit?

Dec 30
When Will VerifyMe, Inc. (NASDAQ:VRME) Turn A Profit?

VerifyMe approves up to $1.5M share buyback

Nov 17

Shareholder Returns

VRMEUS ElectronicUS Market
7D8.8%1.1%1.2%
1Y12.7%15.1%20.8%

Return vs Industry: VRME underperformed the US Electronic industry which returned 17.2% over the past year.

Return vs Market: VRME underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is VRME's price volatile compared to industry and market?
VRME volatility
VRME Average Weekly Movement16.8%
Electronic Industry Average Movement6.3%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: VRME's share price has been volatile over the past 3 months.

Volatility Over Time: VRME's weekly volatility has increased from 10% to 17% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199950Adam Stedhamwww.verifyme.com

VerifyMe, Inc., together with its subsidiaries, provides traceability and customer support services through software and process technology. 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.

VerifyMe, Inc. Fundamentals Summary

How do VerifyMe's earnings and revenue compare to its market cap?
VRME fundamental statistics
Market capUS$16.28m
Earnings (TTM)-US$2.36m
Revenue (TTM)US$25.41m

0.6x

P/S Ratio

-6.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRME income statement (TTM)
RevenueUS$25.41m
Cost of RevenueUS$15.67m
Gross ProfitUS$9.74m
Other ExpensesUS$12.11m
Earnings-US$2.36m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin38.34%
Net Profit Margin-9.30%
Debt/Equity Ratio19.0%

How did VRME perform over the long term?

See historical performance and comparison
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