Financial Snapshot

Revenue
$16.55M
TTM
Gross Margin
37.72%
TTM
Net Earnings
-$3.323M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
150.08%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$10.21M
Q4 2024
Cash
Q4 2024
P/E
-1.902
Nov 29, 2024 EST
Free Cash Flow
$57.00K
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $24.21M $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 -4.37% 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

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $24.21M $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 $15.55M $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 $8.662M $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 35.78% 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

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $5.213M $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 -57.35% 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 60.18% 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 $70.00K $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 -34.58% 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 0.81% 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 $13.05M $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 5.85% 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 -$4.390M -$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 31.91% -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

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 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 $566.0K -$62.00K -$10.65M $8.443M $0.00 -$780.0K -$330.0K $5.647M -$4.750M $0.00 $0.00
YoY Change -1012.9% -99.42% -226.15% -100.0% 136.36% -218.89%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income -$3.881M -$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 14.52% -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 $0.00
% Of Pretax Income
Net Earnings -$3.824M -$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 12.8% -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 -15.8% -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 -$0.37 -$0.35 -$1.70 $0.51 -$0.03 -$0.07
Diluted Earnings Per Share -$0.37 -$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

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 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

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 10.40M shares 9.766M shares 8.466M shares 7.111M shares 303.7M shares 250.0M shares
Diluted Shares Outstanding 10.40M shares 9.766M shares 8.466M shares 7.383M shares 303.7M shares 250.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $6.3207 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