VRME - VerifyMe, Inc. Stock Price, Fair Value and News

1.67USD+0.03 (+1.83%)Market Closed

Market Summary

USD1.67+0.03

Market Closed

1.83%

VRME Alerts

1 major insider buys recently.

VRME Stock Price

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VRME RSI Chart

VRME Valuation

Market Cap

16.9M

Price/Earnings (Trailing)

-5

Price/Sales (Trailing)

0.67

EV/EBITDA

-5.73

Price/Free Cashflow

78.07

VRME Price/Sales (Trailing)

VRME Profitability

Operating Margin

35.57%

EBT Margin

-13.39%

Return on Equity

-27.05%

Return on Assets

-16.37%

Free Cashflow Yield

1.28%

VRME Fundamentals

VRME Revenue

Revenue (TTM)

25.3M

Rev. Growth (Yr)

-10.2%

Rev. Growth (Qtr)

55.48%

VRME Earnings

Earnings (TTM)

-3.4M

Earnings Growth (Yr)

-98.15%

Earnings Growth (Qtr)

100.22%

Breaking Down VRME Revenue

Last 7 days

10.6%

Last 30 days

16.0%

Last 90 days

53.2%

Trailing 12 Months

-4.0%

How does VRME drawdown profile look like?

VRME Financial Health

Current Ratio

1.5

VRME Investor Care

Shares Dilution (1Y)

8.51%

Diluted EPS (TTM)

-0.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	25.1M	25.9M	26.3M	25.3M
2022	5.5M	10.2M	14.9M	19.6M
2021	439.0K	488.0K	687.0K	867.0K
2020	282.6K	317.1K	361.9K	343.0K
2019	412.3K	446.0K	473.9K	253.0K
2018	245.2K	324.7K	404.2K	483.6K
2017	46.1K	0	86.3K	165.8K
2016	0	23.5K	30.3K	37.1K
2015	262.8K	180.8K	98.7K	16.7K
2014	533.6K	599.1K	539.6K	344.9K
2013	358.8K	0	440.7K	522.7K
2012	123.1K	174.3K	225.5K	276.8K
2011	47.7K	55.7K	63.8K	71.8K
2010	47.1K	44.6K	42.1K	39.6K
2009	0	0	0	49.5K
2008	0	0	0	86.9K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of VerifyMe, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 25, 2024	laffer arthur b	bought	5,065	1.369	3,700	-
Mar 25, 2024	laffer arthur b	bought	10,034	1.357	7,394	-
Feb 29, 2024	goldberg howard	acquired	7,760	0.97	8,000	-
Feb 29, 2024	laffer arthur b	acquired	7,760	0.97	8,000	-
Dec 26, 2023	stedham adam h	bought	15,018	1.04	14,441	chief executive officer
Dec 22, 2023	stedham adam h	bought	1,795	1.04	1,726	chief executive officer
Dec 21, 2023	stedham adam h	bought	236	1.04	227	chief executive officer
Dec 04, 2023	geller marshall s	bought	1,144	1.04	1,100	-
Nov 28, 2023	geller marshall s	bought	1,836	1.02	1,800	-
Nov 28, 2023	stedham adam h	bought	8,689	1.03	8,436	chief executive officer

Which funds bought or sold VRME recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	TOTH FINANCIAL ADVISORY CORP	unchanged	-	550	2,792	-%
Apr 10, 2024	SOA Wealth Advisors, LLC.	unchanged	-	4,345	22,041	-%
Mar 11, 2024	VANGUARD GROUP INC	added	14.61	21,560	244,144	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	new	-	23,168	23,168	-%
Feb 14, 2024	CITADEL ADVISORS LLC	added	6.9	-1,141	1,310	-%
Feb 14, 2024	CITADEL ADVISORS LLC	sold off	-100	-15,850	-	-%
Feb 14, 2024	TWO SIGMA INVESTMENTS, LP	new	-	15,065	15,065	-%
Feb 14, 2024	LAZARD ASSET MANAGEMENT LLC	new	-	1,000	1,000	-%
Feb 14, 2024	LPL Financial LLC	unchanged	-	-2,454	54,631	-%
Feb 14, 2024	CLEAR STREET LLC	added	285	-	-	-%

Are Funds Buying or Selling VRME?

Are funds buying VRME calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VRME

No. of Funds

VRME Alerts

1 major insider buys recently.

Unveiling VerifyMe, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Sep 01, 2023	geller marshall s	7.1%	720,329	SC 13D/A
Jun 08, 2023	geller marshall s	5.1%	481,349	SC 13D
Sep 16, 2019	gardner norman a	8.7%	9,520,599	SC 13D

Recent SEC filings of VerifyMe, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	DEFA14A	DEFA14A
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	ARS	ARS
Mar 29, 2024	10-K	Annual Report
Mar 26, 2024	4	Insider Trading
Mar 21, 2024	8-K	Current Report
Mar 15, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Feb 06, 2024	8-K	Current Report

Peers (Alternatives to VerifyMe, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	99.8B	18.6B	-2.14%	12.43%	28.06	5.37	7.76%	13.08%
CTAS	67.6B	9.4B	-2.83%	47.79%	44.96	7.18	9.34%	15.98%
CPRT	53.6B	4.1B	-2.64%	43.34%	39.5	13.2	10.52%	25.37%
EFX	27.6B	5.4B	-14.92%	8.52%	49.47	5.16	5.76%	-4.95%
BAH	18.8B	10.3B	-2.08%	51.35%	46	1.82	13.90%	-5.05%
ALLE	10.8B	3.6B	-7.81%	11.06%	20.02	2.99	4.33%	10.65%
MID-CAP
RHI	7.3B	6.4B	-11.36%	-5.24%	17.73	1.14	-11.68%	-37.51%
AL	5.7B	2.7B	1.77%	30.16%	9.33	2.14	15.87%	733.47%
SRCL	4.3B	2.6B	-12.79%	0.50%	-220.39	1.63	-3.11%	-123.81%
ABM	2.8B	8.2B	-0.88%	5.54%	10.82	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.8B	2.7B	-7.43%	90.74%	20.58	0.66	104.63%	175.67%
ALTG	383.8M	1.9B	-9.23%	-16.49%	43.13	0.2	19.40%	-4.30%
ARC	117.2M	281.2M	0.37%	-9.87%	14.23	0.42	-1.68%	-25.77%
AQMS	54.9M	1.1M	-5.77%	-58.12%	-2.29	49.78	336.95%	-55.13%
AWX	8.4M	80.5M	-3.14%	-18.12%	-4.68	0.1	-0.82%	-207.00%

VerifyMe, Inc. News

Latest updates

VerifyMe, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	55.5%	8,713,000	5,604,000	5,335,000	5,661,000	9,703,000	5,215,000	4,497,000	2,376,000	255,000	300,000	124,000	188,000	75,000	101,000	75,000	92,000	93,887	56,225	40,479	62,364	314,848
Cost Of Revenue	68.4%	5,576,000	3,312,000	3,515,000	3,907,000	6,878,000	3,360,000	2,812,000	38,000	85,000	114,000	26,000	43,000	13,000	19,000	13,000	17,000	14,677	8,471	7,085	14,767	-
Gross Profit	36.9%	3,137,000	2,292,000	1,820,000	1,754,000	2,825,000	1,855,000	1,685,000	123,000	170,000	186,000	98,000	145,000	62,000	82,000	62,000	75,000	87,165	47,754	33,394	31,687	25,291
Operating Expenses	-2.5%	3,068,000	3,147,000	2,858,000	3,258,000	2,725,000	2,730,000	3,007,000	1,773,000	1,332,000	1,212,000	1,526,000	1,360,000	1,236,000	1,065,000	804,000	744,000	675,442	709,855	700,082	546,621	511,506
S&GA Expenses	-35.6%	250,000	388,000	506,000	494,000	494,000	478,000	447,000	299,000	-140,000	299,000	1,217,000	247,000	236,000	293,000	79,000	43,000	152,283	148,416	109,158	143,143	118,073
R&D Expenses	1580.0%	84,000	5,000	10,000	8,000	16,000	39,000	25,000	9,000	26,000	8,000	12,000	5,000	12,000	7,000	402	-	-2,055	804	2,608	3,643	85,383
EBITDA Margin	64.0%	-0.10	-0.27	-0.27	-0.28	-0.37	-0.50	-0.77	-1.41	-8.99	-14.24	-20.34	-22.62	-28.95	-	-	-	-	-	-	-	-
Interest Expenses	12.8%	-34,000	-39,000	-46,000	-42,000	-34,000	-32,000	-23,000	1,000	1,000	1,000	-	-	878	243	-1,911,000	-143,000	-91,322	-8,338	1,032	1,628	5,580
Income Taxes	-	-	-	-	-	-	-	-	-	-	-1,000	-	-	-	-	-	-	-	-	-	-	-
EBT Margin	55.5%	-0.13	-0.30	-0.31	-0.32	-0.40	-0.53	-0.77	-1.43	-9.13	-11.53	-16.23	-18.04	-23.09	-	-	-	-	-	-	-	-
Net Income	100.2%	2,000	-930,000	-882,000	-1,580,000	108,000	-557,000	-12,555,000	-1,394,000	-1,004,000	7,189,000	-1,358,000	-1,215,000	-1,174,000	-983,000	-2,653,000	-1,092,000	-621,490	-706,548	-665,656	-513,306	-534,158
Net Income Margin	-7.3%	-0.13	-0.12	-0.11	-0.58	-0.74	-1.04	-0.76	0.62	4.17	5.01	-9.69	-13.72	-17.21	-	-	-	-	-	-	-	-
Free Cashflow	717.6%	840,000	-136,000	-348,000	-139,000	113,000	-47,000	-1,628,000	-1,005,000	-890,000	-700,000	-764,000	-904,000	-987,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	10.1%	20,705	18,806	18,424	19,411	20,752	17,422	18,095	20,918	21,688	22,600	15,338	16,494	8,774	9,761	10,274	1,593	943	1,324	1,186	1,605	2,051
Current Assets	36.9%	7,686	5,615	5,072	5,906	9,458	6,001	6,498	9,054	10,011	11,108	14,631	15,813	8,201	9,209	9,723	1,040	447	953	844	1,307	1,771
Cash Equivalents	2.9%	3,095	3,007	2,697	3,085	3,411	3,694	3,751	8,433	9,422	10,630	11,362	15,351	7,939	8,976	9,595	886	253	671	585	1,056	1,673
Inventory	-9.5%	38.00	42.00	47.00	54.00	81.00	141	59.00	78.00	52.00	48.00	54.00	49.00	54.00	48.00	35.00	41.00	30.00	38.00	43.00	30.00	42.00
Net PPE	-9.4%	240	265	288	292	292	321	351	-	204	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	1.3%	5,384	5,313	5,338	5,371	3,988	4,092	4,092	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	18.3%	8,174	6,907	6,066	6,449	7,166	4,209	4,505	735	521	443	423	505	455	615	457	683	1,010	878	745	613	480
Current Liabilities	41.5%	5,141	3,634	3,719	3,809	5,429	2,322	2,589	609	450	434	423	433	383	543	385	559	1,010	897	446	459	480
Shareholder's Equity	5.3%	12,531	11,899	12,358	12,962	13,586	13,213	13,590	20,183	21,167	22,157	14,915	15,989	8,319	9,146	9,818	910	-	427	740	1,146	1,570
Retained Earnings	0.0%	-81,849	-81,851	-80,921	-80,039	-78,459	-78,567	-78,010	-65,455	-64,061	-63,057	-70,246	-68,888	-67,673	-66,499	-65,516	-62,863	-61,771	-61,149	-60,442	-59,776	-59,263
Additional Paid-In Capital	0.5%	95,031	94,563	94,111	93,790	92,987	92,613	92,347	86,387	86,059	85,784	85,495	84,983	76,099	75,753	75,442	63,774	61,815	61,578	61,187	60,932	60,845
Shares Outstanding	1.9%	10,124	9,936	9,843	9,349	8,951	8,944	7,851	7,179	7,197	7,291	7,392	6,561	5,597	-	-	-	-	-	-	-	-
Float	-	-	-	11,985	-	-	-	14,839,432	-	-	-	28,562	-	-	-	18,576,644	-	-	-	9,713	-	-

Cashflow (Last 12 Months)

(In )

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	719.9%	843,000	-136,000	-337,000	-126,000	117,000	-43,000	-1,624,000	-1,001,000	-886,000	-700,000	-764,000	-904,000	-987,000	-595,000	-364,000	-335,000	-223,881	-341,881	-420,057	-593,181	-389,249
Share Based Compensation	-	-	-	-	-	-	-	312,000	429,000	337,000	372,000	569,000	438,000	345,500	311,000	365,000	323,000	128,351	322,641	259,923	89,085	-
Cashflow From Investing	48.2%	-115,000	-222,000	-237,000	-621,000	-137,000	-116,000	-7,607,000	-24,000	-61,000	335,000	-2,994,000	-131,000	-50,000	-24,000	-22,000	-29,000	-193,622	-33,608	-50,335	-24,435	-61,823
Cashflow From Financing	-196.1%	-643,000	669,000	185,000	423,000	-263,000	102,000	4,549,000	36,000	-261,000	-367,000	-231,000	8,447,000	-	-	9,095,000	997,000	-307	-	-	-	1.00
Buy Backs	-	-	-	-	10,000	106,000	185,000	-	-	261,000	236,000	228,000	-	-	-	-	-	-	-	-	-	-

VRME Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Income Statement [Abstract]

NET REVENUE

$ 25,313

$ 19,576

COST OF REVENUE

16,310

13,088

GROSS PROFIT

9,003

6,488

OPERATING EXPENSES

General and administrative

^[1]

10,586

8,428

Research and development

107

Sales and marketing

^[1]

1,638

1,718

Total Operating expenses

12,331

10,235

LOSS BEFORE OTHER INCOME (EXPENSE)

(3,328)

(3,747)

OTHER (EXPENSE) INCOME

Interest expenses, net

(161)

(88)

Unrealized gain on equity investment

Change in fair value of contingent consideration

201

Loss on equity investment

(100)

(10,932)

Other (expense) income, net

(2)

Gain on extinguishment of debt

326

TOTAL OTHER EXPENSE, NET

(62)

(10,651)

NET LOSS

$ (3,390)

$ (14,398)

LOSS PER SHARE

BASIC

$ (0.35)

$ (1.70)

DILUTED

$ (0.35)

$ (1.70)

WEIGHTED AVERAGE COMMON SHARE OUTSTANDING

BASIC

9,766,469

8,466,075

DILUTED

9,766,469

8,466,075

[1]	Includes share-based compensation of $1,675 thousand for the year ended December 31, 2023, and $1,468 thousand for the year ended December 31, 2022.

VRME Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents including restricted cash	$ 3,095	$ 3,411
Accounts receivable, net of allowance for credit loss reserve, $165 and $37 as of December 31, 2023 and December 31, 2022, respectively	3,017	4,448
Unbilled revenue	1,282	1,185
Prepaid expenses and other current assets	254	333
Inventory	38	81
TOTAL CURRENT ASSETS	7,686	9,458
PROPERTY AND EQUIPMENT, NET	240	292
RIGHT OF USE ASSET	468	469
INTANGIBLE ASSETS, NET	6,927	6,545
GOODWILL	5,384	3,988
TOTAL ASSETS	20,705	20,752
CURRENT LIABILITIES
Term note, current	500	500
Accounts payable	3,310	3,912
Other accrued expense	988	902
Lease liability- current	170	115
Contingent liability-current	173
TOTAL CURRENT LIABILITIES	5,141	5,429
LONG-TERM LIABILITIES
Contingent liability, non-current	751
Long-term lease liability	307	359
Long-term derivative liability		3
Term note	875	1,375
Convertible note – related party	475
Convertible note	625
TOTAL LIABILITIES	8,174	7,166
STOCKHOLDERS' EQUITY
Common stock, $0.001 par value; 675,000,000 shares authorized;10,453,315 and 9,341,002 shares issued, 10,123,964 and 8,951,035 shares outstanding as of December 31, 2023 and December 31, 2022, respectively	10	10
Additional paid in capital	95,031	92,987
Treasury stock as cost; 329,351 and 389,967 shares at December 31, 2023 and December 31, 2022, respectively	(659)	(949)
Accumulated deficit	(81,849)	(78,459)
Accumulated other comprehensive loss	(2)	(3)
STOCKHOLDERS' EQUITY	12,531	13,586
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	20,705	20,752
Series A Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Convertible preferred stock
Series B Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Convertible preferred stock

About VerifyMe, Inc.

VerifyMe, Inc., together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions. The VerifyMe Solutions segment offers technology solutions to connect brands with consumers allowing brand owners to gather business intelligence while engaging directly with their consumers. Its solutions provide brand protection and supply chain functions, such as counterfeit prevention, traceability, consumer engagement solutions, and authentication for labels, packaging, and products, as well as tamper-proof labels. The PeriShip Global Solutions segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment's products include PeriTrack customer dashboard, an integrated web portal tool gives its customers an in-depth look at their shipping activities based on real-time data. It also provides call center, pre-transit, post-delivery, and weather/traffic services. The company has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Lake Mary, Florida.

CEO	Mr. Adam H. Stedham
WEBSITE	verifyme.com
INDUSTRY	Information Technology Services
EMPLOYEES	50

VerifyMe, Inc. Frequently Asked Questions

What is the ticker symbol for VerifyMe, Inc.? What does VRME stand for in stocks?

VRME is the stock ticker symbol of VerifyMe, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of VerifyMe, Inc. (VRME)?

As of Fri Apr 26 2024, market cap of VerifyMe, Inc. is 16.94 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VRME stock?

You can check VRME's fair value in chart for subscribers.

What is the fair value of VRME stock?

You can check VRME's fair value in chart for subscribers. The fair value of VerifyMe, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of VerifyMe, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VRME so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is VerifyMe, Inc. a good stock to buy?

The fair value guage provides a quick view whether VRME is over valued or under valued. Whether VerifyMe, Inc. is cheap or expensive depends on the assumptions which impact VerifyMe, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VRME.

What is VerifyMe, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, VRME's PE ratio (Price to Earnings) is -5 and Price to Sales (PS) ratio is 0.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VRME PE ratio will change depending on the future growth rate expectations of investors.