VerifyMe Management
Management criteria checks 1/4
VerifyMe's CEO is Adam Stedham, appointed in Jun 2023, has a tenure of 1.58 years. total yearly compensation is $1.28M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 2.27% of the company’s shares, worth $324.24K. The average tenure of the management team and the board of directors is 1.4 years and 5.8 years respectively.
Key information
Adam Stedham
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 12.7% |
| CEO tenure | 1.6yrs |
| CEO ownership | 2.1% |
| Management average tenure | 1.4yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
VerifyMe, Inc. (NASDAQ:VRME) Not Doing Enough For Some Investors As Its Shares Slump 34%
Dec 14
Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?
Nov 26VerifyMe, Inc.'s (NASDAQ:VRME) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Sep 04Is VerifyMe (NASDAQ:VRME) A Risky Investment?
Aug 27Market Cool On VerifyMe, Inc.'s (NASDAQ:VRME) Revenues Pushing Shares 25% Lower
Jun 22Is VerifyMe (NASDAQ:VRME) Using Debt In A Risky Way?
May 29A Piece Of The Puzzle Missing From VerifyMe, Inc.'s (NASDAQ:VRME) 25% Share Price Climb
Apr 02US$2.85: That's What Analysts Think VerifyMe, Inc. (NASDAQ:VRME) Is Worth After Its Latest Results
Mar 24Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?
Feb 17VerifyMe, Inc.'s (NASDAQ:VRME) Subdued P/S Might Signal An Opportunity
Nov 13Does VerifyMe (NASDAQ:VRME) Have A Healthy Balance Sheet?
Jul 31Rock star Growth Puts VerifyMe (NASDAQ:VRME) In A Position To Use Debt
Mar 21VerifyMe enters into contract with international luxury apparel company
Oct 06VerifyMe subsidiary enters into a $2M term loan agreement and a $1M line of credit
Sep 27VerifyMe extends services deal with client by two years
Aug 31Here's Why VerifyMe (NASDAQ:VRME) Can Manage Its Debt Despite Losing Money
Aug 19VerifyMe soars 35% after liquidation of G3 VRM SPAC, launch of new buyback plan
Jul 01Venture Capital Pick: VerifyMe Primed For High Growth
Apr 25VerifyMe: Set For Triple-Digit Revenue Growth
Dec 06VerifyMe's (NASDAQ:VRME) Robust Earnings Are Not All Good News For Shareholders
Nov 17VerifyMe (NASDAQ:VRME) Is In A Strong Position To Grow Its Business
Aug 17Analysts Expect Breakeven For VerifyMe, Inc. (NASDAQ:VRME) Before Long
Apr 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$3m |
| Jun 30 2024 | n/a | n/a | -US$2m |
| Mar 31 2024 | n/a | n/a | -US$2m |
| Dec 31 2023 | US$1m | US$162k | -US$3m |
| Sep 30 2023 | n/a | n/a | -US$3m |
| Jun 30 2023 | n/a | n/a | -US$3m |
| Mar 31 2023 | n/a | n/a | -US$15m |
| Dec 31 2022 | US$92k | n/a | -US$14m |
Compensation vs Market: Adam's total compensation ($USD1.28M) is above average for companies of similar size in the US market ($USD649.25K).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
CEO
Adam Stedham (55 yo)
1.6yrs
Tenure
US$1,276,377
Compensation
Mr. Adam H. Stedham serves as President of VerifyMe, Inc. since August 1, 2023. He served as Independent Director at VerifyMe, Inc. since April 07, 2022 until June 19, 2023 and serves as its Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | US$1.28m | 2.06% $ 294.3k | |
| Executive VP | 1.4yrs | US$343.90k | 0.056% $ 8.1k | |
| Senior VP of Technology & Chief Information Officer | 1.4yrs | no data | 0.35% $ 50.4k | |
| Executive Vice President of Authentication Segment | 1.4yrs | no data | no data |
1.4yrs
Average Tenure
53yo
Average Age
Experienced Management: VRME's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$1.28m | 2.06% $ 294.3k | |
| Chairman | 5.2yrs | US$213.07k | 1.73% $ 246.5k | |
| Advisory Council | no data | no data | no data | |
| Independent Non-Executive Vice Chairman | 7.5yrs | US$125.00k | 4.35% $ 621.6k | |
| Independent Director | 5.8yrs | US$125.00k | 2.61% $ 372.0k | |
| Lead Independent Director | 7.5yrs | US$125.00k | 2.37% $ 339.1k | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data |
5.8yrs
Average Tenure
73yo
Average Age
Experienced Board: VRME's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 18:54 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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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.
| Analyst | Institution |
|---|---|
| Alexander Paris | Barrington Research Associates, Inc. |
| Michael Petusky | Barrington Research Associates, Inc. |
| Christopher Howe | Barrington Research Associates, Inc. |