VerifyMe, Inc. (VRME) — Financial statements
Income statement, balance sheet, and cash flow for VerifyMe, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 16↓32.3% | 24↓4.4% | 25↑29.3% | 20↑2157.9% | 0.87 | |
| Cost of Revenue | 11↓28.8% | 16↓10.1% | 17↑32.1% | 13↑4783.6% | 0.27 | |
| Gross Profit | 5↓38.4% | 9↑7.9% | 8↑23.7% | 6↑983.1% | 0.60 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.02↓71.4% | 0.07↓34.6% | 0.11↑20.2% | 0.09↑74.5% | 0.05 | |
| General & Administrative Expenses | 3↓11.3% | 4↓12.8% | 4↓47.6% | 8↑99.9% | 4 | |
| Selling & Marketing Expenses | 0.97↓28.9% | 1↓17.2% | 2↓4.3% | 2↑47.7% | 1 | |
| SG&A Expenses | 4↓15.9% | 5↓14.0% | 6↓40.3% | 10↑88.6% | 5 | |
| Other Expenses | 2↓60.5% | 5↑7.0% | 5 | 0.00 | 0.00 | |
| Operating Expenses | 7↓38.9% | 11↓4.7% | 11↑10.1% | 10↑88.5% | 5 | |
| Total Costs & Expenses | 18↓33.0% | 26↓7.9% | 29↑22.4% | 23↑309.3% | 6 | |
| Operating Results | ||||||
| Operating Income | -1↑41.2% | -2↑35.9% | -3↑13.6% | -4↑22.4% | -5 | |
| Depreciation & Amortization | 0.98↓18.8% | 1↑6.9% | 1↑47.3% | 0.77↑558.1% | 0.12 | |
| EBITDA | -0.24↑90.5% | -2↓18.5% | -2↑84.5% | -14↓187.2% | -5 | |
| EBIT | -1↑67.0% | -4↓14.4% | -3↑77.4% | -14↓196.2% | -5 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.21↑264.6% | -0.13↑19.3% | -0.16↓83.0% | -0.09 | 0.00 | |
| Interest Income | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00↓100.0% | 0.13↓19.3% | 0.16↑83.0% | 0.09 | 0.00 | |
| Non-Operating Income | 0.00↓100.0% | 2↑18088.9% | -0.01↓100.1% | 11 | 0.00 | |
| Other Income / Expenses | -4↓110.7% | -2↓1050.7% | -0.15↑98.6% | -11↓226.2% | 8 | |
| Income Before Tax | -5↓28.3% | -4↓12.8% | -3↑76.5% | -14↓498.6% | 4 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -5↓28.3% | -4↓12.8% | -3↑76.5% | -14↓498.6% | 4 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -5↓28.3% | -4↓12.8% | -3↑76.5% | -14↓498.6% | 4 | |
| Bottom-Line Net Income | -5↓28.3% | -4↓12.8% | -3↑76.5% | -14↓498.6% | 4 | |
| EPS (Basic) | -0.39↓5.4% | -0.37↓5.7% | -0.35↑79.4% | -1.70↓433.3% | 0.51 | |
| EPS (Diluted) | -0.39↓5.4% | -0.37↓5.7% | -0.35↑79.4% | -1.70↓446.9% | 0.49 | |
| Weighted Average Shares | 13↑21.3% | 10↑7.4% | 10↑14.4% | 8↑19.1% | 7 | |
| Weighted Average Diluted Shares | 13↑21.3% | 10↑6.5% | 10↑15.4% | 8↑14.7% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.