Welcome to our dedicated page for Verifyme news (Ticker: VRME), a resource for investors and traders seeking the latest updates and insights on Verifyme stock.
VerifyMe, Inc. (NASDAQ: VRME) is a traceability and customer support services provider that focuses on specialized logistics for time‑ and temperature‑sensitive products and on authentication and brand protection technologies. News about VerifyMe often centers on developments in its Precision Logistics and Authentication segments, including service updates, relationships with major parcel carriers, and financial performance.
Recent company announcements have highlighted VerifyMe’s role in providing brand owners with time and temperature sensitive logistics, supply chain traceability, authentication, anti‑counterfeiting, and data‑rich brand enhancement services. News releases have described changes in Proactive and Premium service offerings tied to a major parcel carrier, the planned alignment of Proactive services with a new shipping partner, and new agreements that provide access to designated services of another large carrier for specialized logistics management of time‑sensitive and perishable shipments.
Investors following VRME news will also see regular earnings releases and related conference call information. These updates include quarterly revenue, gross profit, net loss, cash balances, and non‑GAAP measures such as EBITDA and Adjusted EBITDA, along with management commentary on operational trends in the Precision Logistics and Authentication segments. SEC‑related news items include Form 8‑K filings that furnish earnings releases, describe material agreements, and report on corporate governance actions such as amendments to bylaws and outcomes of annual stockholder meetings.
Another key news theme is corporate strategy. In early 2026, VerifyMe and Open World Ltd. announced a letter of intent for a strategic merger, with the combined company expected, upon closing, to trade on Nasdaq under a new ticker symbol and to focus on institutional‑grade on‑chain solutions and real‑world asset tokenization. Company communications emphasize that there can be no assurances that a definitive merger agreement will be executed or that the merger will be completed.
By reviewing the VRME news feed, readers can track service changes in the Precision Logistics segment, updates on authentication and brand protection activities, quarterly financial results, Nasdaq listing notices, and progress on the proposed merger with Open World, all based on official press releases and regulatory filings.
VerifyMe, Inc. (NASDAQ: VRME) will present at the 2022 Virtual Growth Conference, hosted by Maxim Group LLC and M-Vest, from March 28-30, 2022, between 9:00 AM – 5:00 PM ET. The conference will showcase a variety of sectors including Biotech, Clean Energy, and Fintech, featuring company presentations and discussions moderated by Maxim Research Analysts. Interested attendees can sign up for M-Vest membership to access the live conference and interact with the management team. Presentation slides will be available on the company’s website after the event.
VerifyMe, Inc. (NASDAQ: VRME) reported Q4 2021 revenues of $255 thousand, reflecting a 240% increase from Q4 2020. For the year ended December 31, 2021, revenues reached $867 thousand, a rise of 153%. Despite these gains, the company recorded a net loss of $1.0 million for Q4 2021, improving from a loss of $1.2 million in Q4 2020. Cash reserves stood strong at $9.4 million as of year-end, with no debt. CEO Patrick White emphasized ongoing growth in various sectors and the potential launch of VerifyNFTTM technology to combat counterfeit products.
VerifyMe, Inc. (NASDAQ: VRME) announced new executive promotions aimed at enhancing its strategic initiatives. Patrick White remains CEO, while Keith Goldstein has been promoted to President and COO. Margaret Gezerlis continues as CFO with an expanded role, and Nancy Meyers joins as Senior VP of Finance and Investor Relations. Chairman Scott Greenberg highlighted the importance of these leadership transitions in aiding the company's evolution from development to commercialization. These changes reflect the team's contributions over the past three years as VerifyMe pursues its growth strategy.
VerifyMe, Inc. (NASDAQ: VRME) has announced the passing of its founder and former Chairman, Norman Gardner, due to complications from COVID-19. Mr. Gardner's contributions began in November 1999 and he served in various leadership roles until his departure as Chairman in April 2021. Current CEO Patrick White expressed deep sorrow over the loss, calling Gardner a brilliant inventor and personal mentor. VerifyMe specializes in technology solutions connecting brands and consumers, focusing on brand protection and supply chain features.
VerifyMe, Inc. (NASDAQ: VRME) announced its participation in the Anti-Counterfeiting Group IP Roadshow on December 2, 2021, at the Hilton London Olympia Hotel. The event aims to educate attendees on identifying counterfeit products and will feature practical updates from various speakers.
Paul Vitali, Vice President of Business Development, will showcase VerifyMe's brand protection strategies that enhance consumer engagement while securing products from counterfeiting and other infringements.
VerifyMe, Inc. (NASDAQ: VRME) reported a 197% revenue increase to $300,000 for Q3 2021, up from $101,000 in Q3 2020. The net income soared to $7.2 million, or $0.95 per diluted share, compared to a net loss of $983,000 in the prior year. A significant contributor was an $8.2 million gain from a SPAC co-sponsorship. Although the adjusted EBITDA loss decreased to $624,000 from $648,000, operating loss rose to $1 million. The company retains a strong balance sheet with $10.6 million in cash. CEO Patrick White emphasized the potential of their new consumer engagement technology.
VerifyMe, Inc. (NASDAQ:VRME) announced its participation in the EMEA Security High Security Printing, Anti-Counterfeiting & Brand Protection Conference on October 27-28, 2021, in Dubai, UAE. The event will gather over 300 industry experts to discuss challenges and solutions related to counterfeit products. Paul Vitali, Vice President of Business Development, will participate in a panel on combating illicit trade. VerifyMe offers technology solutions for brand protection, including serialization, authentication, and track and trace features.
VerifyMe, Inc. (NASDAQ:VRME) will attend the White Label World Expo in Frankfurt, Germany, on October 13-14, 2021. The event allows interaction with top suppliers and showcases VerifyMe's brand protection technologies against counterfeiting. Vice President Paul Vitali will present on October 14th at 11:45 a.m., discussing strategies to engage consumers while protecting brands. VerifyMe specializes in consumer engagement and brand protection through serialization and track-and-trace technology.
VerifyMe (NASDAQ: VRME) has announced an Investor Day scheduled for November 18, 2021, from 11 a.m. to 1 p.m. ET. This event will be hosted via conference call and webcast, featuring presentations from the executive management team on strategic objectives and business development updates, followed by a Q&A session. Pre-registration is required for investors and analysts, who can register through a provided link. The presentation will be uploaded to the Investors section of VerifyMe's website, and the webcast will be archived for 90 days.
VerifyMe (NASDAQ:VRME) will participate in the White Label World Expo at the Javits Center, NYC on September 30 and October 1, 2021. The event aims to connect global leaders and entrepreneurs, featuring over 200 speakers and 10,000 attendees. Robert Dlugopolski, Business Development Manager, is set to present on October 1st at 1:15 p.m. ET, discussing strategies for protecting brands from counterfeits. This presentation will be made available on the company’s investor relations website after the event.