Verifyme Inc Financials
Verifyme Inc (VRME) reported $16.4M in revenue for fiscal year 2025, down 32.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
VerifyMe’s recent cash generation appears driven more by working-capital release and financing support than by restored operating scale.
Across FY2023-FY2025, free cash flow stayed positive, including$585K in FY2025, even as the latest net loss widened to-$4.9M ; by FY2025, accounts receivable fell sharply to$857K from$2.6M in FY2024 while depreciation still added back$984K . That pattern suggests recent cash generation has come largely from collecting past sales and non-cash charges on a smaller revenue base, not from the income statement reaching breakeven.
The business is showing negative operating leverage: revenue dropped to
FY2025 ended with a cleaner liquidity posture, as cash rose to
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Verifyme Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Verifyme Inc, and counted as zero in the overall score.
Verifyme Inc scores -6.36, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($9.7M) relative to total liabilities ($2.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Verifyme Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Verifyme Inc reported a net loss of $4.9M while generating $603K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Verifyme Inc reported an operating loss of $5.1M against $214K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Verifyme Inc generated $16.4M in revenue in fiscal year 2025. This represents a decrease of 32.3% from the prior year.
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.
Verifyme Inc reported -$4.9M in net income in fiscal year 2025. This represents a decrease of 28.3% from the prior year.
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
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.
Verifyme Inc held $4.4M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
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.
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.
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.
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
Verifyme Inc invested $20K in research and development in fiscal year 2025. This represents a decrease of 71.4% from the prior year.
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.
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
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.1M | $16.4M-32.3% | $24.2M-4.4% | $25.3M+29.3% | $19.6M+2157.9% | $867K+152.8% | $343K+40.0% | $245K+227.2% | $75K | N/A | $37K-82.9% | $217K+74.4% | $125K+3868.1% | $3K-81.6% | $17K+91.7% | $9K |
| Cost of Revenue | $5.9M | $10.1M-35.2% | $15.5M-10.1% | $17.3M+32.1% | $13.1M+4783.6% | $268K+332.3% | $62K+37.8% | $45K+56.2% | $29K | N/A | $24K-62.9% | $66K-41.9% | $113K+4070.6% | $3K-33.6% | $4K+994.6% | $373 |
| Gross Profit | $5.2M | $6.3M-27.0% | $8.7M+7.9% | $8.0M+23.7% | $6.5M+983.1% | $599K+113.2% | $281K+40.5% | $200K+334.0% | $46K | N/A | $13K-91.6% | $152K+1209.4% | $12K+2591.6% | $430-96.7% | $13K+52.1% | $9K |
| R&D Expenses | N/A | $20K-71.4% | $70K-34.6% | $107K+20.2% | $89K+74.5% | $51K+168.4% | $19K+280.0% | $5K-97.3% | $188K+46.6% | $128K-48.8% | $250K | N/A | N/A | $656K+12000.4% | $5K-40.3% | $9K |
| SG&A Expenses | $3.7M | $3.4M-11.3% | $3.9M-12.8% | $4.4M-47.6% | $8.4M+99.9% | $4.2M+96.0% | $2.2M+58.3% | $1.4M-14.3% | $1.6M-6.2% | $1.7M+67.2% | $1.0M+124.8% | $449K-44.6% | $812K+6.5% | $763K+489.7% | $129K+13.1% | $114K |
| Operating Income | -$5.5M | -$5.1M-15.5% | -$4.4M-31.9% | -$3.3M+11.2% | -$3.7M+22.4% | -$4.8M-35.4% | -$3.6M-46.7% | -$2.4M+6.3% | -$2.6M+8.5% | -$2.8M | N/A | N/A | N/A | N/A | -$1.1M-104.2% | -$528K |
| Interest Expense | $299K | $214K+264.6% | -$130K-519.4% | $31K+135.2% | -$88K-4500.0% | $2K+100.1% | -$2.1M-2016.5% | -$97K-1355.6% | -$7K-103.1% | $218K+1596.2% | $13K-79.1% | $61K-69.2% | $199K+56.0% | $128K-53.9% | $277K-13.7% | $322K |
| Income Tax | N/A | -$1.1M+6.0% | -$1.2M | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | N/A | N/A |
| Net Income | -$5.2M | -$4.9M-28.3% | -$3.8M-12.8% | -$3.4M+76.5% | -$14.4M-498.6% | $3.6M+161.2% | -$5.9M-135.4% | -$2.5M+14.5% | -$2.9M+13.4% | -$3.4M | N/A | N/A | N/A | N/A | -$1.2M-80.3% | -$665K |
| EPS (Diluted) | — | -$0.39-5.4% | -$0.37-5.7% | -$0.35+79.4% | -$1.70-446.9% | $0.49 | -$1.48 | -$1.17 | -$0.03 | -$0.14 | -$0.24+48.9% | -$0.47+78.8% | -$2.22-3071.4% | -$0.07-800.0% | $0.01 | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
VRME Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $13.0M-19.0% | $16.1M-22.4% | $20.7M-0.2% | $20.8M-4.3% | $21.7M+147.2% | $8.8M+830.4% | $943K-54.0% | $2.1M+127.0% | $903K+221.3% | $281K-16.6% | $337K-40.0% | $562K-69.0% | $1.8M-55.5% | $4.1M+1105.1% | $339K |
| Current Assets | $7.7M+21.5% | $6.4M-17.2% | $7.7M-18.7% | $9.5M-5.5% | $10.0M+22.1% | $8.2M+1734.7% | $447K-74.8% | $1.8M+148.9% | $712K+1347.6% | $49K+49.7% | $33K-90.4% | $342K-77.4% | $1.5M-59.8% | $3.8M+1611.9% | $220K |
| Cash & Equivalents | $4.4M+54.2% | $2.8M-6.9% | $3.0M-9.4% | $3.3M-64.5% | $9.4M+18.7% | $7.9M+3037.9% | $253K-84.9% | $1.7M+141.4% | $693K+2960.4% | $23K+445.4% | $4K-93.5% | $64K-95.0% | $1.3M-57.1% | $3.0M+5489.3% | $54K |
| Inventory | $37K-5.1% | $39K+2.6% | $38K-53.1% | $81K+55.8% | $52K-3.7% | $54K+80.0% | $30K-28.5% | $42K | N/A | $17K-40.4% | $29K-70.5% | $97K+184.1% | $34K+71.5% | $20K-43.1% | $35K |
| Accounts Receivable | $857K-67.5% | $2.6M-12.6% | $3.0M-32.2% | $4.4M+1397.6% | $297K+858.1% | $31K-61.7% | $81K+166.7% | $30K | N/A | N/A | N/A | N/A | $4K+2.9% | $3K | N/A |
| Goodwill | $2.9M-26.6% | $4.0M-25.9% | $5.4M+35.0% | $4.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 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-55.0% | $1.0M+110.1% | $481K-56.1% | $1.1M-29.7% | $1.6M-37.8% | $2.5M-80.3% | $12.7M+62.4% | $7.8M+31.4% | $5.9M+63.0% | $3.6M |
| Current Liabilities | $2.0M-52.2% | $4.2M-17.5% | $5.1M-5.3% | $5.4M+1106.4% | $450K+17.5% | $383K-62.1% | $1.0M+110.3% | $480K-56.2% | $1.1M-29.7% | $1.6M-37.8% | $2.5M-59.6% | $6.2M+424.2% | $1.2M+23.5% | $958K+38.2% | $693K |
| Long-Term Debt | N/A | N/A | $875K-37.5% | $1.4M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 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+12516.4% | -$67K-104.3% | $1.6M+915.6% | -$193K+84.9% | -$1.3M+41.1% | -$2.2M+82.1% | -$12.1M-102.1% | -$6.0M-221.8% | -$1.9M+43.7% | -$3.3M |
| Retained Earnings | -$90.6M-5.7% | -$85.7M-4.7% | -$81.8M-4.3% | -$78.5M-22.5% | -$64.1M+5.3% | -$67.7M-9.6% | -$61.8M-4.2% | -$59.3M-5.2% | -$56.3M-35.3% | -$41.6M-4.1% | -$40.0M-6.1% | -$37.7M-26.6% | -$29.8M | N/A | N/A |
VRME Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$705K | $603K-30.8% | $871K+257.0% | $244K+109.6% | -$2.6M+21.6% | -$3.3M-42.7% | -$2.3M-44.5% | -$1.6M+33.6% | -$2.4M-153.9% | -$936K+30.4% | -$1.3M+10.1% | -$1.5M+26.0% | -$2.0M+27.6% | -$2.8M-659.8% | -$367K-16.9% | -$314K |
| Capital Expenditures | N/A | $18K+157.1% | $7K-74.1% | $27K | N/A | $12K | N/A | N/A | N/A | N/A | N/A | $2K | N/A | $11K+348.0% | $2K | N/A |
| Free Cash Flow | N/A | $585K-32.3% | $864K+298.2% | $217K | N/A | -$3.3M | N/A | N/A | N/A | N/A | N/A | -$1.5M | N/A | -$2.8M-657.8% | -$369K | N/A |
| Investing Cash Flow | -$633K | -$2.7M-375.3% | -$575K+51.9% | -$1.2M+84.8% | -$7.9M-176.5% | -$2.9M-2180.8% | -$125K+58.6% | -$302K-177.7% | -$109K-4003.2% | -$3K | N/A | N/A | N/A | N/A | N/A | -$4K |
| Financing Cash Flow | $363K | $3.7M+694.2% | -$616K-197.2% | $634K-85.7% | $4.4M-41.7% | $7.6M-24.8% | $10.1M+2089.2% | $461K-86.7% | $3.5M+115.4% | $1.6M+18.0% | $1.4M | N/A | N/A | N/A | N/A | $294K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1.0M | N/A | N/A |
| Share Buybacks | N/A | $221K+1127.8% | $18K+80.0% | $10K-96.6% | $291K-59.9% | $725K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $18K |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
VRME Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.6%+2.8pp | 35.8%+4.1pp | 31.7%-1.4pp | 33.1%-35.9pp | 69.1%-12.8pp | 81.9%+0.3pp | 81.6%+20.1pp | 61.5% | N/A | 34.3%-35.5pp | 69.8%+60.5pp | 9.3%-4.4pp | 13.7%-62.3pp | 76.0%-19.8pp | 95.8% |
| Operating Margin | -30.9%-12.8pp | -18.1%-5.0pp | -13.2%+6.0pp | -19.1% | -557.2% | -1040.2% | -992.7% | -3466.4% | N/A | N/A | N/A | N/A | N/A | -6329.2% | -5941.3% |
| Net Margin | -29.9%-14.1pp | -15.8%-2.4pp | -13.4%+60.2pp | -73.6% | 416.6% | -1720.7% | -1023.3% | -3916.0% | N/A | N/A | N/A | N/A | N/A | -7041.3% | -7486.6% |
| 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% | N/A | -186.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 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%+198.6pp | -265.9%-122.9pp | -143.0%+231.8pp | -374.8% | N/A | N/A | N/A | N/A | -29.4%+167.0pp | -196.4% |
| Current Ratio | 3.82+2.3x | 1.500.0x | 1.50-0.2x | 1.74-20.5x | 22.25+0.8x | 21.41+21.0x | 0.44-3.2x | 3.69+3.0x | 0.65+0.6x | 0.030.0x | 0.010.0x | 0.06-1.2x | 1.28-2.7x | 3.93+3.6x | 0.32 |
| Debt-to-Equity | 0.18-0.4x | 0.57+0.5x | 0.070.0x | 0.10+0.1x | 0.020.0x | 0.05 | N/A | 0.31 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | 3.6%0.0pp | 3.6%+2.7pp | 0.9% | N/A | -376.7% | N/A | N/A | N/A | N/A | N/A | -689.4% | N/A | -89151.0% | -2169.4% | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Where Verifyme Inc Ranks
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.
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.
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 0.18 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 Altman Z-Score?
Verifyme Inc (VRME) has an Altman Z-Score of -6.36, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Verifyme Inc's Piotroski F-Score?
Verifyme Inc (VRME) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $4.9M while generating $603K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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) reported an operating loss of $5.1M against $214K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 40 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.