Verifyme Inc Stock Price, News & Analysis

VerifyMe (NASDAQ: VRME) reported its Q2 2025 financial results, showing mixed performance. The company recorded revenue of $4.5 million, down from $5.4 million in Q2 2024, primarily due to discontinued contracts. Gross profit decreased to $1.6 million (35% margin) from $2.1 million (39% margin) year-over-year.

Despite revenue decline, the company showed operational improvements with net loss narrowing to ($0.29) million from ($0.34) million in Q2 2024. Adjusted EBITDA improved to $0.3 million from $0.2 million. The company maintained a strong financial position with $6.1 million in cash and improved cash flow from operations to $0.7 million.

Management highlighted plans for organic revenue growth in 2026, improved margin profile, and continued cash generation, while actively seeking strategic acquisitions.

VerifyMe (NASDAQ: VRME), a provider of brand protection and time-sensitive logistics solutions, has scheduled its Q1 2025 financial results announcement for August 13, 2025.

The company will host an investor conference call and webcast at 11:00 a.m. Eastern Time on the same day. Management will present prepared remarks on financial and operational results, followed by a Q&A session. Investors can access the call via webcast or by dialing +1 (844) 763-8274 (US) or +1 (412) 717-9224 (International).

VerifyMe (NASDAQ: VRME) reported its Q1 2025 financial results, showing a decline in performance. Revenue decreased to $4.5 million from $5.8 million in Q1 2024, with approximately 53% of the reduction attributed to a discontinued contract. Gross profit fell to $1.5 million (33% margin) from $2.3 million (39% margin) year-over-year. The company reported a net loss of $0.6 million ($0.05 per diluted share), unchanged from Q1 2024. Adjusted EBITDA dropped to $0 million from $0.1 million in the previous year. The company maintained a strong cash position of $5.7 million as of March 31, 2025, with $6.0 million in working capital. The revenue decline was primarily due to decreased demand across proactive customers, a customer's shift in cold chain strategy, and the divestiture of Trust Codes Global business in December 2024.

VerifyMe (NASDAQ: VRME), a provider of brand protection solutions and time-sensitive logistics services, has scheduled its Q1 2025 financial results announcement for May 13, 2025. The company will host an investor conference call and webcast at 11:00 a.m. Eastern Time on the same day.

The conference call will be accessible via webcast or by calling +1 (844) 763-8274 (US) or +1 (412) 717-9224 (international). Presentation slides will be available on VerifyMe's Investors section website and will remain accessible for 90 days following the call.

VerifyMe (NASDAQ: VRME) reported its Q4 2024 financial results, showing mixed performance. The company generated revenue of $7.7 million in Q4 2024, down from $8.7 million in Q4 2023, with a gross profit of $2.4 million (32% margin). The quarter resulted in a net loss of $0.5 million.

For the full year 2024, VerifyMe recorded revenue of $24.2 million, compared to $25.3 million in 2023, while gross profit improved to $8.7 million (36%) from $8.0 million (32%). The company reported positive cash flow from operations of $0.9 million for 2024.

Notable improvements in liquidity include cash position of $5.7 million as of February 28, 2025, and the retirement of most company debt except for $0.8 million in convertible notes held by affiliates. The company also secured $4.7 million through warrant exercises at $3.215 per share.

VerifyMe (NASDAQ: VRME), a provider of brand protection and logistics solutions, has scheduled its Q4 2024 financial results release for March 6, 2025. The company will host an investor conference call and webcast at 11:00 a.m. Eastern Time on the same day.

The conference call will include management's prepared remarks on financial and operational results, followed by a Q&A session. Investors can access the webcast through the company's website or join via phone by calling +1 (844) 763-8274 (US) or +1 (412) 717-9224 (International).

Presentation slides will be available on VerifyMe's Investors section website on the morning of the call and will remain accessible for 90 days along with the webcast recording.

VerifyMe (NASDAQ: VRME) has entered into a warrant inducement agreement with an existing institutional investor. The agreement involves the immediate exercise of outstanding warrants to purchase 1,461,896 shares of common stock at $3.215 per share, issued on April 14, 2022. This transaction is expected to generate gross proceeds of approximately $4.7 million for the company, before deducting fees and expenses.

As part of the agreement, VerifyMe will issue new unregistered warrants to purchase an additional 1,461,896 shares at an exercise price of $4.00 per share. These new warrants will be immediately exercisable and will expire after five and a half years. The company has committed to file a registration statement with the SEC for the resale of shares issuable under the new warrants. The transaction is expected to close around January 15, 2025.

VerifyMe (NASDAQ: VRME) has announced an extension of its share repurchase plan through December 31, 2025. The Board approved a repurchase authorization of up to $500,000 of common stock shares, which can be executed through open market purchases, block trades, and private transactions. The plan will be funded from operational cash flow and maintains flexibility for strategic growth initiatives. The company is not obligated to purchase any specific number of shares and can modify or suspend the program at any time. Management highlighted operational efficiencies in PeriShip and expressed confidence in delivering shareholder value through organic and strategic initiatives.

VerifyMe (NASDAQ: VRME) reported Q3 2024 financial results with revenue of $5.4 million, down from $5.6 million in Q3 2023. Gross profit decreased to $1.9 million (35%) from $2.0 million (37%) year-over-year. The company recorded a net loss of ($2.4 million), including $1.8M of one-time adjustments, compared to ($0.9 million) loss in Q3 2023. Adjusted EBITDA remained stable at $0.2 million. The company announced plans to discontinue its Authentication Segment's code portion, including Amazon Transparency initiatives, redirecting investments toward Precision Logistics and other strategic growth options.