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VerifyMe NasdaqCM:VRME Stock Report

Last Price

US$0.63

Market Cap

US$6.6m

7D

-0.3%

1Y

-40.1%

Updated

20 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

VerifyMe, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for VerifyMe
Historical stock prices
Current Share PriceUS$0.63
52 Week HighUS$2.45
52 Week LowUS$0.58
Beta0.64
1 Month Change-15.98%
3 Month Change-56.30%
1 Year Change-40.07%
3 Year Change-81.05%
5 Year Change-79.02%
Change since IPO-99.88%

Recent News & Updates

VerifyMe, Inc. (NASDAQ:VRME) Not Doing Enough For Some Investors As Its Shares Slump 34%

Dec 14
VerifyMe, Inc. (NASDAQ:VRME) Not Doing Enough For Some Investors As Its Shares Slump 34%

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

Nov 26
Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?

Recent updates

VerifyMe, Inc. (NASDAQ:VRME) Not Doing Enough For Some Investors As Its Shares Slump 34%

Dec 14
VerifyMe, Inc. (NASDAQ:VRME) Not Doing Enough For Some Investors As Its Shares Slump 34%

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

Nov 26
Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?

VerifyMe, Inc.'s (NASDAQ:VRME) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Sep 04
VerifyMe, Inc.'s (NASDAQ:VRME) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Is VerifyMe (NASDAQ:VRME) A Risky Investment?

Aug 27
Is VerifyMe (NASDAQ:VRME) A Risky Investment?

Market Cool On VerifyMe, Inc.'s (NASDAQ:VRME) Revenues Pushing Shares 25% Lower

Jun 22
Market Cool On VerifyMe, Inc.'s (NASDAQ:VRME) Revenues Pushing Shares 25% Lower

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

Shareholder Returns

VRMEUS ElectronicUS Market
7D-0.3%-4.3%-3.5%
1Y-40.1%17.5%22.1%

Return vs Industry: VRME underperformed the US Electronic industry which returned 17.5% over the past year.

Return vs Market: VRME underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is VRME's price volatile compared to industry and market?
VRME volatility
VRME Average Weekly Movement14.4%
Electronic Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: VRME's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

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$6.61m
Earnings (TTM)-US$3.32m
Revenue (TTM)US$25.26m

0.3x

P/S Ratio

-2.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRME income statement (TTM)
RevenueUS$25.26m
Cost of RevenueUS$15.16m
Gross ProfitUS$10.10m
Other ExpensesUS$13.42m
Earnings-US$3.32m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.32
Gross Margin39.97%
Net Profit Margin-13.15%
Debt/Equity Ratio20.4%

How did VRME perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 03:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

VerifyMe, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander ParisBarrington Research Associates, Inc.
Michael PetuskyBarrington Research Associates, Inc.
Christopher HoweBarrington Research Associates, Inc.