VerifyMe Past Earnings Performance
Past criteria checks 0/6
VerifyMe's earnings have been declining at an average annual rate of -6.7%, while the Electronic industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 65.6% per year.
Key information
-6.7%
Earnings growth rate
22.4%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | 65.6% |
| Return on equity | -32.3% |
| Net Margin | -13.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 14Revenue & Expenses Breakdown
How VerifyMe makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 25 | -3 | 12 | 0 |
| 30 Jun 24 | 25 | -2 | 12 | 0 |
| 31 Mar 24 | 25 | -2 | 12 | 0 |
| 31 Dec 23 | 25 | -3 | 12 | 0 |
| 30 Sep 23 | 26 | -3 | 10 | 0 |
| 30 Jun 23 | 26 | -3 | 10 | 0 |
| 31 Mar 23 | 25 | -15 | 10 | 0 |
| 31 Dec 22 | 20 | -14 | 9 | 0 |
| 30 Sep 22 | 10 | -16 | 9 | 0 |
| 30 Jun 22 | 5 | -8 | 7 | 0 |
| 31 Mar 22 | 1 | 3 | 6 | 0 |
| 31 Dec 21 | 1 | 4 | 5 | 0 |
| 30 Sep 21 | 1 | 3 | 5 | 0 |
| 30 Jun 21 | 0 | -5 | 5 | 0 |
| 31 Mar 21 | 0 | -6 | 4 | 0 |
| 31 Dec 20 | 0 | -6 | 4 | 0 |
| 30 Sep 20 | 0 | -5 | 3 | 0 |
| 30 Jun 20 | 0 | -5 | 3 | 0 |
| 31 Mar 20 | 0 | -3 | 3 | 0 |
| 31 Dec 19 | 0 | -3 | 3 | 0 |
| 30 Sep 19 | 0 | -2 | 2 | 0 |
| 30 Jun 19 | 0 | -2 | 2 | 0 |
| 31 Mar 19 | 0 | -2 | 2 | 0 |
| 31 Dec 18 | 0 | -3 | 2 | 0 |
| 30 Sep 18 | 0 | -5 | 4 | 0 |
| 30 Jun 18 | 0 | -5 | 3 | 0 |
| 31 Mar 18 | 0 | -5 | 3 | 0 |
| 31 Dec 17 | 0 | -4 | 3 | 0 |
| 30 Sep 17 | 0 | -1 | 2 | 0 |
| 30 Jun 17 | 0 | -3 | 2 | 0 |
| 31 Mar 17 | 0 | 1 | 3 | 0 |
| 31 Dec 16 | 0 | -2 | 3 | 0 |
| 30 Sep 16 | 0 | -3 | 4 | 0 |
| 30 Jun 16 | 0 | -1 | 4 | 0 |
| 31 Mar 16 | 0 | -5 | 4 | 2 |
| 31 Dec 15 | 0 | -2 | 3 | 2 |
| 30 Sep 15 | 0 | -7 | 2 | 12 |
| 30 Jun 15 | 0 | -9 | 2 | 12 |
| 31 Mar 15 | 0 | -5 | 2 | 10 |
| 31 Dec 14 | 0 | -8 | 3 | 11 |
| 30 Sep 14 | 0 | 1 | 4 | 1 |
| 30 Jun 14 | 0 | 10 | 4 | 1 |
| 31 Mar 14 | 0 | -4 | 12 | 1 |
| 31 Dec 13 | 0 | -17 | 11 | 1 |
Quality Earnings: VRME is currently unprofitable.
Growing Profit Margin: VRME is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VRME is unprofitable, and losses have increased over the past 5 years at a rate of 6.7% per year.
Accelerating Growth: Unable to compare VRME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRME is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-5%).
Return on Equity
High ROE: VRME has a negative Return on Equity (-32.31%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:51 |
| End of Day Share Price | 2024/12/20 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 |
| |
| 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
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.
| Analyst | Institution |
|---|---|
| Alexander Paris | Barrington Research Associates, Inc. |
| Michael Petusky | Barrington Research Associates, Inc. |
| Christopher Howe | Barrington Research Associates, Inc. |