Financial Snapshot

Revenue
$25.26M
TTM
Gross Margin
37.29%
TTM
Net Earnings
-$3.321M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
174.32%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$10.28M
Q3 2024
Cash
Q3 2024
P/E
-3.035
Nov 13, 2024 EST
Free Cash Flow
$957.0K
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $25.31M $19.58M $867.0K $340.0K $240.0K $70.00K $0.00 $40.00K $220.0K $124.6K $3.140K $20.00K $10.00K $50.00K $20.00K $60.00K $300.0K $120.0K
YoY Change 29.31% 2157.9% 155.0% 41.67% 242.86% -100.0% -81.82% 76.57% 3868.09% -84.3% 100.0% -80.0% 150.0% -66.67% -80.0% 150.0%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $25.31M $19.58M $867.0K $340.0K $240.0K $70.00K $0.00 $40.00K $220.0K $124.6K $3.140K $20.00K $10.00K $50.00K $20.00K $60.00K $300.0K $120.0K
Cost Of Revenue $16.31M $13.09M $268.0K $60.00K $50.00K $30.00K $0.00 $20.00K $70.00K $113.0K $2.710K $0.00 $0.00 $0.00 $0.00 $20.00K $200.0K $20.00K
Gross Profit $9.003M $6.488M $599.0K $280.0K $200.0K $50.00K $0.00 $10.00K $150.0K $11.57K $430.00 $10.00K $10.00K $50.00K $20.00K $40.00K $100.0K $100.0K
Gross Profit Margin 35.57% 33.14% 69.09% 82.35% 83.33% 71.43% 25.0% 68.18% 9.29% 13.69% 50.0% 100.0% 100.0% 100.0% 66.67% 33.33% 83.33%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $12.22M $10.15M $4.900M $3.510M $2.380M $2.040M $2.460M $3.080M $2.520M $1.030M $1.024M $810.0K $460.0K $480.0K $450.0K $460.0K $660.0K $1.170M
YoY Change 20.48% 107.06% 39.6% 47.48% 16.67% -17.07% -20.13% 22.22% 144.57% 0.57% 26.48% 76.09% -4.17% 6.67% -2.17% -30.3% -43.59%
% of Gross Profit 135.78% 156.38% 818.03% 1253.57% 1190.0% 4080.0% 30800.0% 1680.0% 8902.36% 238249.3% 8100.0% 4600.0% 960.0% 2250.0% 1150.0% 660.0% 1170.0%
Research & Development $107.0K $89.00K $51.00K $20.00K $10.00K $190.0K $130.0K $250.0K $2.413M $10.59M $655.8K $10.00K $10.00K $10.00K $20.00K $20.00K $20.00K $30.00K
YoY Change 20.22% 74.51% 155.0% 100.0% -94.74% 46.15% -48.0% -89.64% -77.22% 1514.76% 6458.4% 0.0% 0.0% -50.0% 0.0% 0.0% -33.33%
% of Gross Profit 1.19% 1.37% 8.51% 7.14% 5.0% 380.0% 2500.0% 1608.56% 91500.53% 152520.93% 100.0% 100.0% 20.0% 100.0% 50.0% 20.0% 30.0%
Depreciation & Amortization $1.134M $770.0K $117.0K $100.0K $30.00K $20.00K $40.00K $30.00K $90.00K $69.25K $68.84K $10.00K $10.00K $10.00K $10.00K $10.00K $10.00K $20.00K
YoY Change 47.27% 558.12% 17.0% 233.33% 50.0% -50.0% 33.33% -66.67% 29.96% 0.6% 588.39% 0.0% 0.0% 0.0% 0.0% 0.0% -50.0%
% of Gross Profit 12.6% 11.87% 19.53% 35.71% 15.0% 40.0% 300.0% 60.0% 598.35% 16009.07% 100.0% 100.0% 20.0% 50.0% 25.0% 10.0% 20.0%
Operating Expenses $12.33M $10.24M $5.068M $3.520M $2.380M $2.230M $2.590M $3.340M $2.413M $13.58M $11.64M $820.0K $460.0K $490.0K $480.0K $480.0K $690.0K $1.210M
YoY Change 20.48% 101.95% 43.98% 47.9% 6.73% -13.9% -22.46% 38.43% -82.23% 16.62% 1319.71% 78.26% -6.12% 2.08% 0.0% -30.43% -42.98%
Operating Profit -$3.328M -$3.747M -$4.469M -$3.240M -$2.180M -$2.180M -$2.590M -$3.330M -$2.263M -$13.57M -$11.64M -$810.0K -$450.0K -$440.0K -$460.0K -$440.0K -$590.0K -$1.110M
YoY Change -11.18% -16.16% 37.93% 48.62% 0.0% -15.83% -22.22% 47.16% -83.32% 16.53% 1337.18% 80.0% 2.27% -4.35% 4.55% -25.42% -46.85%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense -$261.0K -$11.01M $8.373M -$2.050M -$80.00K $10.00K -$220.0K $2.090M $2.610M $199.4K $127.8K -$280.0K -$320.0K -$250.0K -$190.0K -$410.0K -$260.0K -$300.0K
YoY Change -97.63% -231.47% -508.44% 2462.5% -900.0% -104.55% -110.53% -19.92% 1209.16% 55.97% -145.65% -12.5% 28.0% 31.58% -53.66% 57.69% -13.33%
% of Operating Profit
Other Income/Expense, Net -$62.00K -$10.65M $8.443M $0.00 -$780.0K -$330.0K $5.647M -$4.750M $0.00 $0.00
YoY Change -99.42% -226.15% -100.0% 136.36% -218.89%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income -$3.389M -$14.40M $3.612M -$5.900M -$2.510M -$2.930M -$3.390M -$1.650M -$2.300M -$7.918M -$16.39M -$1.200M -$670.0K -$720.0K -$690.0K -$930.0K -$970.0K -$1.610M
YoY Change -76.47% -498.67% -161.22% 135.06% -14.33% -13.57% 105.45% -28.26% -70.95% -51.69% 1265.91% 79.1% -6.94% 4.35% -25.81% -4.12% -39.75%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.390M -$14.40M $3.612M -$5.900M -$2.510M -$2.930M -$3.390M -$1.650M -$2.300M -$7.918M -$16.39M -$1.200M -$670.0K -$720.0K -$690.0K -$930.0K -$970.0K -$1.610M
YoY Change -76.46% -498.62% -161.22% 135.06% -14.33% -13.57% 105.45% -28.26% -70.95% -51.69% 1265.91% 79.1% -6.94% 4.35% -25.81% -4.12% -39.75%
Net Earnings / Revenue -13.39% -73.55% 416.61% -1735.29% -1045.83% -4185.71% -4125.0% -1045.45% -6355.23% -522002.2% -6000.0% -6700.0% -1440.0% -3450.0% -1550.0% -323.33% -1341.67%
Basic Earnings Per Share -$0.35 -$1.70 $0.51 -$0.03 -$0.07
Diluted Earnings Per Share -$0.35 -$1.70 $489.2K -$1.482M -$1.167M -$1.559M -$6.054M -$11.79M -$23.00M -$0.03 -$0.07 -$30.00M -$22.33M -$24.00M -$34.50M -$46.50M -$48.50M -$80.50M

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $3.032M $3.411M $9.422M $7.940M $250.0K $1.670M $690.0K $20.00K $0.00 $60.00K $1.290M $2.990M $50.00K $80.00K $20.00K $0.00 $0.00 $0.00
YoY Change -11.11% -63.8% 18.66% 3076.0% -85.03% 142.03% 3350.0% -100.0% -95.35% -56.86% 5880.0% -37.5% 300.0%
Cash & Equivalents $3.095M $3.411M $9.422M $7.940M $250.0K $1.670M $690.0K $20.00K $0.00 $60.00K $1.290M $2.990M $50.00K $80.00K $20.00K $0.00 $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $317.0K $333.0K $240.0K $180.0K $80.00K $30.00K $20.00K $10.00K $0.00 $180.0K $190.0K $750.0K $130.0K $170.0K $10.00K $0.00 $0.00 $140.0K
YoY Change -4.8% 38.75% 33.33% 125.0% 166.67% 50.0% 100.0% -100.0% -5.26% -74.67% 476.92% -23.53% 1600.0% -100.0%
Inventory $38.00K $81.00K $52.00K $50.00K $30.00K $40.00K $0.00 $20.00K $30.00K $100.0K $30.00K $20.00K $40.00K $20.00K $20.00K $20.00K $30.00K $40.00K
Prepaid Expenses
Receivables $4.299M $5.633M $297.0K $30.00K $80.00K $30.00K $0.00 $0.00 $0.00 $0.00 $10.00K $0.00 $0.00 $0.00 $10.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $7.686M $9.458M $10.01M $8.200M $450.0K $1.770M $710.0K $50.00K $30.00K $340.0K $1.510M $3.770M $220.0K $280.0K $50.00K $30.00K $30.00K $190.0K
YoY Change -18.74% -5.52% 22.09% 1722.22% -74.58% 149.3% 1320.0% 66.67% -91.18% -77.48% -59.95% 1613.64% -21.43% 460.0% 66.67% 0.0% -84.21%
Property, Plant & Equipment $708.0K $761.0K $204.0K $200.0K $180.0K $0.00 $10.00K $70.00K $140.0K $0.00 $0.00 $0.00 $0.00 $10.00K $10.00K $10.00K
YoY Change -6.96% 273.04% 2.0% 11.11% -100.0% -85.71% -50.0% -100.0% 0.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $10.96M
YoY Change -100.0%
Other Assets $133.0K $0.00 $40.00K $40.00K $40.00K $10.00K $10.00K $0.00
YoY Change -100.0% 0.0% 0.0% 0.0%
Total Long-Term Assets $13.02M $11.29M $11.68M $570.0K $490.0K $280.0K $190.0K $230.0K $310.0K $220.0K $310.0K $310.0K $120.0K $140.0K $150.0K $150.0K $160.0K $160.0K
YoY Change 15.27% -3.28% 1948.6% 16.33% 75.0% 47.37% -17.39% -25.81% 40.91% -29.03% 0.0% 158.33% -14.29% -6.67% 0.0% -6.25% 0.0%
Total Assets $20.71M $20.75M $21.69M $8.770M $940.0K $2.050M $900.0K $280.0K $340.0K $560.0K $1.820M $4.080M $340.0K $420.0K $200.0K $180.0K $190.0K $350.0K
YoY Change
Accounts Payable $3.310M $3.912M $450.0K $380.0K $420.0K $0.00 $120.0K $870.0K $650.0K $5.220M $320.0K $660.0K $630.0K $1.440M $1.190M $890.0K $640.0K $390.0K
YoY Change -15.39% 769.33% 18.42% -9.52% -100.0% -86.21% 33.85% -87.55% 1531.25% -51.52% 4.76% -56.25% 21.01% 33.71% 39.06% 64.1%
Accrued Expenses $1.158M $1.017M $0.00 $120.0K $70.00K $40.00K $20.00K $100.0K $10.00K
YoY Change 13.86% -100.0% 71.43% 100.0% -80.0% 900.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $300.0K $0.00 $0.00 $60.00K $0.00 $230.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.180M $810.0K
YoY Change -100.0% -100.0% -100.0% -100.0% 45.68%
Long-Term Debt Due $500.0K $500.0K $0.00 $50.00K $10.00K $50.00K $690.0K $50.00K $200.0K $50.00K $50.00K $0.00 $0.00 $70.00K $0.00
YoY Change 0.0% -100.0% 400.0% -80.0% -92.75% 1280.0% -75.0% 300.0% 0.0% -100.0%
Total Short-Term Liabilities $5.141M $5.429M $450.0K $380.0K $1.010M $480.0K $1.100M $1.560M $2.510M $6.200M $1.180M $960.0K $690.0K $1.490M $1.190M $890.0K $1.890M $1.190M
YoY Change -5.3% 1106.44% 18.42% -62.38% 110.42% -56.36% -29.49% -37.85% -59.52% 425.42% 22.92% 39.13% -53.69% 25.21% 33.71% -52.91% 58.82%
Long-Term Debt $1.975M $1.375M $0.00 $70.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $330.0K $1.610M $2.010M $2.080M $1.660M $1.620M $0.00 $0.00
YoY Change 43.64% -100.0% -100.0% -79.5% -19.9% -3.37% 25.3% 2.47%
Other Long-Term Liabilities $1.058M $362.0K $71.00K $6.480M $6.300M $3.380M $940.0K
YoY Change 192.27% 409.86% 2.86% 86.39% 259.57%
Total Long-Term Liabilities $3.033M $1.737M $71.00K $70.00K $0.00 $0.00 $0.00 $0.00 $0.00 $6.480M $6.630M $4.990M $2.950M $2.080M $1.660M $1.620M $0.00 $0.00
YoY Change 74.61% 2346.48% 1.43% -100.0% -2.26% 32.87% 69.15% 41.83% 25.3% 2.47%
Total Liabilities $8.174M $7.166M $521.0K $460.0K $1.010M $480.0K $1.100M $1.560M $2.510M $12.69M $7.810M $5.950M $3.650M $3.560M $2.850M $2.510M $1.890M $1.190M
YoY Change 14.07% 1275.43% 13.26% -54.46% 110.42% -56.36% -29.49% -37.85% -80.22% 62.48% 31.26% 63.01% 2.53% 24.91% 13.55% 32.8% 58.82%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 9.766M shares 8.466M shares 7.111M shares 303.7M shares 250.0M shares
Diluted Shares Outstanding 9.766M shares 8.466M shares 7.383M shares 303.7M shares 250.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $10.081 Million

About VerifyMe Inc

VerifyMe, Inc. engages in the provision of software driven predictive analytics logistics. The company is headquartered in Lake Mary, Florida and currently employs 50 full-time employees. The company went IPO on 2001-06-29. Its segments include Precision Logistics and Authentication. The Precision Logistics and Authentication segments provide specialized logistics for time-and-temperature sensitive products, as well as item level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. The Precision Logistics segment specializes in predictive analytics for optimizing delivery of time and temperature- sensitive perishable products. The Precision Logistics segment includes bundled services, such as PeriTrack, Service Center, Pre-Transit Service, Post-Delivery, and Weather/Traffic Service. The Authentication segment specializes in traceability to connect brands with consumers through their products.

Industry: Services-Computer Integrated Systems Design Peers: Acorn Energy Inc Digital Ally Inc Electro-Sensors Inc SOBR Safe, Inc. Keysight Technologies Inc Lifeloc Technologies Inc SCHMITT INDUSTRIES INC Universal Security Instruments Inc