What is Verifyme Inc's earnings per share (EPS)?

Verifyme Inc (VRME) reported diluted earnings per share of $-0.39 for fiscal year 2025. This represents a -5.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Verifyme Inc Financials

VRME

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows Verifyme Inc (VRME) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 35/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Verifyme Inc has an operating margin of -30.9%, meaning the company retains $-31 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -18.1% the prior year.

Growth

Verifyme Inc's revenue declined 32.3% year-over-year, from $24.2M to $16.4M. This contraction results in a growth score of 0/100.

Leverage

100

Verifyme Inc carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.82, Verifyme Inc holds $3.82 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.

Cash Flow

Verifyme Inc has a free cash flow margin of 3.6%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Verifyme Inc generates a -44.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -37.4% the prior year.

Piotroski F-Score Neutral

4/9

Verifyme Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-0.12x

For every $1 of reported earnings, Verifyme Inc generates $-0.12 in operating cash flow ($603K OCF vs -$4.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-83.1x

Verifyme Inc earns $-83.1 in operating income for every $1 of interest expense (-$5.1M vs $61K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$16.4M

YoY-32.3%

5Y CAGR+116.7%

10Y CAGR+54.1%

Verifyme Inc generated $16.4M in revenue in fiscal year 2025. This represents a decrease of 32.3% from the prior year.

EBITDA

-$4.1M

YoY-28.6%

Verifyme Inc's EBITDA was -$4.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 28.6% from the prior year.

Net Income

-$4.9M

YoY-28.3%

Verifyme Inc reported -$4.9M in net income in fiscal year 2025. This represents a decrease of 28.3% from the prior year.

EPS (Diluted)

$-0.39

YoY-5.4%

Verifyme Inc earned $-0.39 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 5.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$585K

YoY-32.3%

Verifyme Inc generated $585K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 32.3% from the prior year.

Cash & Debt

$4.4M

YoY+54.2%

5Y CAGR-11.3%

10Y CAGR+100.5%

Verifyme Inc held $4.4M in cash against $875K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

13M

YoY+24.5%

5Y CAGR+18.6%

Verifyme Inc had 13M shares outstanding in fiscal year 2025. This represents an increase of 24.5% from the prior year.

Margins & Returns

Gross Margin

38.6%

YoY+2.8pp

5Y CAGR-43.4pp

10Y CAGR-31.2pp

Verifyme Inc's gross margin was 38.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.8 percentage points from the prior year.

Operating Margin

-30.9%

YoY-12.8pp

5Y CAGR+1009.3pp

10Y CAGR+2382.0pp

Verifyme Inc's operating margin was -30.9% in fiscal year 2025, reflecting core business profitability. This is down 12.8 percentage points from the prior year.

Net Margin

-29.9%

YoY-14.1pp

5Y CAGR+1690.8pp

10Y CAGR+1029.6pp

Verifyme Inc's net profit margin was -29.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 14.1 percentage points from the prior year.

Return on Equity

-44.6%

YoY-7.2pp

5Y CAGR+26.3pp

Verifyme Inc's ROE was -44.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.2 percentage points from the prior year.

Capital Allocation

R&D Spending

$20K

YoY-71.4%

5Y CAGR+1.0%

10Y CAGR-38.1%

Verifyme Inc invested $20K in research and development in fiscal year 2025. This represents a decrease of 71.4% from the prior year.

Share Buybacks

$221K

YoY+1127.8%

Verifyme Inc spent $221K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1127.8% from the prior year.

Capital Expenditures

$18K

YoY+157.1%

10Y CAGR+22.2%

Verifyme Inc invested $18K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 157.1% from the prior year.

VRME Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$16.4M-32.3%	$24.2M-4.4%	$25.3M+29.3%	$19.6M+2157.9%	$867K+152.8%	$343K
Cost of Revenue	$10.1M-35.2%	$15.5M-10.1%	$17.3M+32.1%	$13.1M+4783.6%	$268K+332.3%	$62K
Gross Profit	$6.3M-27.0%	$8.7M+7.9%	$8.0M+23.7%	$6.5M+983.1%	$599K+113.2%	$281K
R&D Expenses	$20K-71.4%	$70K-34.6%	$107K+20.2%	$89K+74.5%	$51K+168.4%	$19K
SG&A Expenses	$3.4M-11.3%	$3.9M-12.8%	$4.4M-47.6%	$8.4M+99.9%	$4.2M+96.0%	$2.2M
Operating Income	-$5.1M-15.5%	-$4.4M-31.9%	-$3.3M+11.2%	-$3.7M+22.4%	-$4.8M-35.4%	-$3.6M
Interest Expense	$61K+146.9%	-$130K-519.4%	$31K+135.2%	-$88K-4500.0%	$2K+100.1%	-$2.1M
Income Tax	-$1.1M	$0	$0	N/A	N/A	N/A
Net Income	-$4.9M-28.3%	-$3.8M-12.8%	-$3.4M+76.5%	-$14.4M-498.6%	$3.6M+161.2%	-$5.9M
EPS (Diluted)	$-0.39-5.4%	$-0.37-5.7%	$-0.35+79.4%	$-1.70-446.9%	$0.49+133.1%	$-1.48

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$5.0M+11.3%	$4.5M+1.5%	$4.5M-41.8%	$7.7M+41.0%	$5.4M+1.6%	$5.4M-7.1%	$5.8M-33.9%	$8.7M
Cost of Revenue	$3.0M+1.1%	$2.9M-1.2%	$3.0M-43.5%	$5.2M+48.1%	$3.5M+8.5%	$3.3M-6.8%	$3.5M-40.1%	$5.8M
Gross Profit	$2.1M+30.3%	$1.6M+6.8%	$1.5M-38.4%	$2.4M+27.5%	$1.9M-9.3%	$2.1M-7.5%	$2.3M-21.3%	$2.9M
R&D Expenses	$5K0.0%	$5K0.0%	$5K0.0%	$5K0.0%	$5K0.0%	$5K-90.9%	$55K-34.5%	$84K
SG&A Expenses	$669K-6.6%	$716K-16.4%	$856K-19.2%	$1.1M+36.1%	$778K-13.0%	$894K-20.2%	$1.1M+13.3%	$989K
Operating Income	-$3.4M-965.8%	-$322K+45.7%	-$593K-76.0%	-$337K+88.3%	-$2.9M-435.4%	-$536K+17.2%	-$647K-1037.7%	$69K
Interest Expense	$67K+109.4%	$32K+45.5%	$22K+127.2%	-$81K-179.3%	-$29K+31.0%	-$42K-290.9%	$22K-80.0%	$110K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$3.4M-1053.3%	-$291K+49.0%	-$571K-14.0%	-$501K+79.3%	-$2.4M-600.6%	-$346K+37.4%	-$553K-27750.0%	$2K
EPS (Diluted)	$-0.26-1200.0%	$-0.02+60.0%	$-0.05	N/A	$-0.23-666.7%	$-0.03+40.0%	$-0.05	N/A

VRME Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$13.0M-19.0%	$16.1M-22.4%	$20.7M-0.2%	$20.8M-4.3%	$21.7M+147.2%	$8.8M
Current Assets	$7.7M+21.5%	$6.4M-17.2%	$7.7M-18.7%	$9.5M-5.5%	$10.0M+22.1%	$8.2M
Cash & Equivalents	$4.4M+54.2%	$2.8M-6.9%	$3.0M-9.4%	$3.3M-64.5%	$9.4M+18.7%	$7.9M
Inventory	$37K-5.1%	$39K+2.6%	$38K-53.1%	$81K+55.8%	$52K-3.7%	$54K
Accounts Receivable	$857K-67.5%	$2.6M-12.6%	$3.0M-32.2%	$4.4M+1397.6%	$297K+858.1%	$31K
Goodwill	$2.9M-26.6%	$4.0M-25.9%	$5.4M+35.0%	$4.0M	N/A	N/A
Total Liabilities	$2.0M-65.4%	$5.9M-28.4%	$8.2M+14.1%	$7.2M+1275.4%	$521K+14.5%	$455K
Current Liabilities	$2.0M-52.2%	$4.2M-17.5%	$5.1M-5.3%	$5.4M+1106.4%	$450K+17.5%	$383K
Long-Term Debt	$875K	N/A	$875K-37.5%	$1.4M	N/A	N/A
Total Equity	$11.0M+7.6%	$10.2M-18.5%	$12.5M-7.8%	$13.6M-35.8%	$21.2M+154.4%	$8.3M
Retained Earnings	-$90.6M-5.7%	-$85.7M-4.7%	-$81.8M-4.3%	-$78.5M-22.5%	-$64.1M+5.3%	-$67.7M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$13.3M-22.7%	$17.2M+0.4%	$17.1M+6.4%	$16.1M+8.3%	$14.8M-15.4%	$17.5M-2.0%	$17.9M-13.6%	$20.7M
Current Assets	$7.9M+0.1%	$7.9M+2.5%	$7.7M+20.6%	$6.4M+32.0%	$4.8M-5.5%	$5.1M-2.4%	$5.2M-32.0%	$7.7M
Cash & Equivalents	$4.0M-34.0%	$6.1M+6.3%	$5.7M+102.2%	$2.8M+8.2%	$2.6M-10.0%	$2.9M+5.3%	$2.8M-9.1%	$3.0M
Inventory	$32K-22.0%	$41K-12.8%	$47K+20.5%	$39K+105.3%	$19K-17.4%	$23K-28.1%	$32K-15.8%	$38K
Accounts Receivable	$1.1M+2.5%	$1.1M+15.2%	$955K-63.8%	$2.6M+119.7%	$1.2M-1.2%	$1.2M+1.4%	$1.2M-60.3%	$3.0M
Goodwill	$2.9M-26.6%	$4.0M0.0%	$4.0M0.0%	$4.0M0.0%	$4.0M-25.2%	$5.3M+0.5%	$5.3M-1.4%	$5.4M
Total Liabilities	$2.2M-20.9%	$2.7M+11.3%	$2.5M-58.1%	$5.9M+28.7%	$4.5M-13.8%	$5.3M-4.1%	$5.5M-32.7%	$8.2M
Current Liabilities	$2.1M+9.8%	$1.9M+17.5%	$1.6M-61.1%	$4.2M+53.3%	$2.8M-5.5%	$2.9M+4.8%	$2.8M-45.7%	$5.1M
Long-Term Debt	N/A	N/A	N/A	N/A	$500K-16.7%	$600K-25.0%	$800K-8.6%	$875K
Total Equity	$11.1M-23.1%	$14.4M-1.4%	$14.6M+43.4%	$10.2M-0.6%	$10.3M-16.1%	$12.3M-1.1%	$12.4M-1.1%	$12.5M
Retained Earnings	-$89.9M-3.9%	-$86.5M-0.3%	-$86.2M-0.7%	-$85.7M-0.6%	-$85.2M-2.9%	-$82.7M-0.4%	-$82.4M-0.7%	-$81.8M

VRME Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$603K-30.8%	$871K+257.0%	$244K+109.6%	-$2.6M+21.6%	-$3.3M-42.7%	-$2.3M
Capital Expenditures	$18K+157.1%	$7K-74.1%	$27K	N/A	$12K	N/A
Free Cash Flow	$585K-32.3%	$864K+298.2%	$217K	N/A	-$3.3M	N/A
Investing Cash Flow	-$2.7M-375.3%	-$575K+51.9%	-$1.2M+84.8%	-$7.9M-176.5%	-$2.9M-2180.8%	-$125K
Financing Cash Flow	$3.7M+694.2%	-$616K-197.2%	$634K-85.7%	$4.4M-41.7%	$7.6M-24.8%	$10.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$221K+1127.8%	$18K+80.0%	$10K-96.6%	$291K-59.9%	$725K	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$243K-65.8%	$710K+275.7%	-$404K-171.0%	$569K+5790.0%	-$10K-102.7%	$372K+720.0%	-$60K-107.1%	$843K
Capital Expenditures	N/A	N/A	N/A	$0-100.0%	$2K-33.3%	$3K+50.0%	$2K-33.3%	$3K
Free Cash Flow	N/A	N/A	N/A	$569K+4841.7%	-$12K-103.3%	$369K+695.2%	-$62K-107.4%	$840K
Investing Cash Flow	-$2.2M-1169.3%	-$176K-12.8%	-$156K+29.7%	-$222K-37.0%	-$162K-100.0%	-$81K+26.4%	-$110K+4.3%	-$115K
Financing Cash Flow	-$69K+60.3%	-$174K-105.1%	$3.4M+2034.8%	-$178K-42.4%	-$125K+39.6%	-$207K-95.3%	-$106K+83.5%	-$643K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$68K	N/A	N/A	$17K	$0	$0-100.0%	$1K	$0

VRME Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	38.6%+2.8pp	35.8%+4.1pp	31.7%-1.4pp	33.1%-35.9pp	69.1%-12.8pp	81.9%
Operating Margin	-30.9%-12.8pp	-18.1%-5.0pp	-13.2%+6.0pp	-19.1%+538.1pp	-557.2%+483.0pp	-1040.2%
Net Margin	-29.9%-14.1pp	-15.8%-2.4pp	-13.4%+60.2pp	-73.6%-490.2pp	416.6%+2137.3pp	-1720.7%
Return on Equity	-44.6%-7.2pp	-37.4%-10.4pp	-27.1%+78.9pp	-106.0%-123.0pp	17.1%+88.0pp	-71.0%
Return on Assets	-37.7%-13.9pp	-23.8%-7.4pp	-16.4%+53.0pp	-69.4%-86.0pp	16.7%+83.9pp	-67.3%
Current Ratio	3.82+2.3	1.500.0	1.50-0.2	1.74-20.5	22.25+0.8	21.41
Debt-to-Equity	0.08-0.5	0.57+0.5	0.07-0.0	0.10+0.1	0.02-0.0	0.05
FCF Margin	3.6%0.0pp	3.6%+2.7pp	0.9%	N/A	-376.7%	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	41.2%+6.0pp	35.2%+1.7pp	33.5%+1.9pp	31.6%-3.3pp	34.9%-4.2pp	39.1%-0.2pp	39.2%+6.3pp	33.0%
Operating Margin	-68.2%-61.1pp	-7.1%+6.2pp	-13.3%-8.9pp	-4.4%+48.4pp	-52.8%-42.8pp	-10.0%+1.2pp	-11.2%-12.0pp	0.8%
Net Margin	-66.7%-60.2pp	-6.4%+6.4pp	-12.8%-6.3pp	-6.5%+38.1pp	-44.6%-38.1pp	-6.5%+3.1pp	-9.6%-9.6pp	0.0%
Return on Equity	-30.2%-28.2pp	-2.0%+1.9pp	-3.9%+1.0pp	-4.9%+18.7pp	-23.6%-20.8pp	-2.8%+1.6pp	-4.5%-4.5pp	0.0%
Return on Assets	-25.3%-23.6pp	-1.7%+1.6pp	-3.3%-0.2pp	-3.1%+13.2pp	-16.4%-14.4pp	-2.0%+1.1pp	-3.1%-3.1pp	0.0%
Current Ratio	3.70-0.4	4.06-0.6	4.66+3.2	1.50-0.2	1.740.0	1.74-0.1	1.87+0.4	1.50
Debt-to-Equity	0.190.0	0.19+0.0	0.17-0.4	0.57+0.5	0.050.0	0.05-0.0	0.060.0	0.07
FCF Margin	N/A	N/A	N/A	7.4%+7.6pp	-0.2%-7.1pp	6.9%+8.0pp	-1.1%-10.7pp	9.6%

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Frequently Asked Questions

What is Verifyme Inc's annual revenue?

Verifyme Inc (VRME) reported $16.4M in total revenue for fiscal year 2025. This represents a -32.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Verifyme Inc's revenue growing?

Verifyme Inc (VRME) revenue declined by 32.3% year-over-year, from $24.2M to $16.4M in fiscal year 2025.

Is Verifyme Inc profitable?

No, Verifyme Inc (VRME) reported a net income of -$4.9M in fiscal year 2025, with a net profit margin of -29.9%.

What is Verifyme Inc's EBITDA?

Verifyme Inc (VRME) had EBITDA of -$4.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Verifyme Inc have?

As of fiscal year 2025, Verifyme Inc (VRME) had $4.4M in cash and equivalents against $875K in long-term debt.

What is Verifyme Inc's gross margin?

Verifyme Inc (VRME) had a gross margin of 38.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Verifyme Inc's operating margin?

Verifyme Inc (VRME) had an operating margin of -30.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Verifyme Inc's net profit margin?

Verifyme Inc (VRME) had a net profit margin of -29.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Verifyme Inc's return on equity (ROE)?

Verifyme Inc (VRME) has a return on equity of -44.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Verifyme Inc's free cash flow?

Verifyme Inc (VRME) generated $585K in free cash flow during fiscal year 2025. This represents a -32.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Verifyme Inc's operating cash flow?

Verifyme Inc (VRME) generated $603K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Verifyme Inc's total assets?

Verifyme Inc (VRME) had $13.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Verifyme Inc's capital expenditures?

Verifyme Inc (VRME) invested $18K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Verifyme Inc spend on research and development?

Verifyme Inc (VRME) invested $20K in research and development during fiscal year 2025.

Does Verifyme Inc buy back shares?

Yes, Verifyme Inc (VRME) spent $221K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Verifyme Inc have outstanding?

Verifyme Inc (VRME) had 13M shares outstanding as of fiscal year 2025.

What is Verifyme Inc's current ratio?

Verifyme Inc (VRME) had a current ratio of 3.82 as of fiscal year 2025, which is generally considered healthy.

What is Verifyme Inc's debt-to-equity ratio?

Verifyme Inc (VRME) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Verifyme Inc's return on assets (ROA)?

Verifyme Inc (VRME) had a return on assets of -37.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Verifyme Inc's Piotroski F-Score?

Verifyme Inc (VRME) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Verifyme Inc's earnings high quality?

Verifyme Inc (VRME) has an earnings quality ratio of -0.12x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Verifyme Inc cover its interest payments?

Verifyme Inc (VRME) has an interest coverage ratio of -83.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Verifyme Inc?

Verifyme Inc (VRME) scores 35 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.