VerifyMe, Inc. Income Statement
VRME|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
VerifyMe, Inc. reported $24M in revenue and $4M in net loss for FY2025. Revenue has grown at a 52.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.2M | $25.3M | $19.6M | $867.0K | $343.0K | $245.0K | $74.9K | $74.9K | $37.1K | $217.3K | $124.6K | $3.1K | $17.0K | $8.9K | $64.8K |
| Cost of Revenue | $15.5M | $17.3M | $13.1M | $268.0K | $62.0K | $45.0K | $28.8K | $28.8K | $24.4K | $65.7K | $113.0K | $2.7K | $4.1K | $373 | $21.2K |
| Gross Profit | $8.7M | $8.0M | $6.5M | $599.0K | $281.0K | $200.0K | $46.1K | $46.1K | $12.7K | $151.5K | $11.6K | $430 | $12.9K | $8.5K | $43.6K |
| SG&A Expense | $3.9M | $4.4M | $8.4M | $4.2M | $2.1M | $1.4M | $1.6M | $1.7M | $1.0M | $449.5K | $811.9K | $762.7K | $129.3K | $114.4K | $251.7K |
| R&D Expense | $70.0K | $107.0K | $89.0K | $51.0K | $19.0K | $5.0K | $187.7K | $128.0K | $250.2K | $2.4M | $10.6M | $655.8K | $5.4K | $9.1K | $17.1K |
| Operating Income | -$4.4M | -$3.3M | -$3.7M | -$4.8M | -$3.6M | -$2.4M | -$2.6M | -$2.8M | -$3.7M | -$5.2M | -$13.6M | -$11.6M | -$1.1M | -$527.8K | - |
| Interest Expense | -$130.0K | -$161.0K | $31.0K | $2.0K | -$2.1M | -$97.0K | $6.7K | $218.3K | $12.9K | $61.4K | $199.4K | $127.8K | $277.4K | $321.6K | $408.2K |
| Income Tax | -$1.2M | $0 | - | - | - | - | - | - | - | - | - | $0 | -$165.0K | -$165.0K | - |
| Net Income | -$3.8M | -$3.4M | -$14.4M | $3.6M | -$5.9M | -$2.5M | -$2.9M | -$3.4M | -$1.6M | -$2.3M | -$7.9M | -$16.4M | -$54.1K | -$54.1K | -$931.3K |
| EPS (Basic) | -$0.37 | -$0.35 | -$1.70 | $0.51 | -$1.48 | -$1.17 | -$0.03 | -$0.14 | -$0.24 | -$0.47 | -$2.22 | -$0.07 | $0.01 | - | - |
| EPS (Diluted) | -$0.37 | -$0.35 | -$1.70 | $0.49 | -$1.48 | -$1.17 | -$0.03 | -$0.14 | -$0.24 | -$0.47 | -$2.22 | -$0.07 | $0.01 | $0.00 | -$0.01 |
| Shares Outstanding | 10.5M | 10.1M | 9.0M | 7.2M | 5.6M | 2.2M | 102.2M | 53.5M | 8.3M | 6.0M | 3.6M | 290.1M | 218.4M | 145.1M | 73.4M |
| Gross Margin | 35.8% | 31.7% | 33.1% | 69.1% | 81.9% | 81.6% | 61.5% | 61.5% | 34.3% | 69.8% | 9.3% | 13.7% | 76.0% | 95.8% | 67.3% |
| Operating Margin | -18.1% | -13.2% | -19.1% | -557.2% | -1040.2% | -992.7% | -3466.4% | -3786.5% | -10077.8% | -2412.9% | -10887.3% | -370737.9% | -6329.2% | -5941.3% | - |
| Profit Margin | -15.8% | -13.4% | -73.6% | 416.6% | -1720.7% | -1023.3% | -3916.0% | -4520.8% | -4442.7% | -1059.5% | -6355.2% | -522002.2% | -317.8% | -609.1% | -1436.5% |