VRME icon

VerifyMe

0.7411 USD
+0.0035
0.47%
At close Jun 13, 4:00 PM EDT
After hours
0.7400
-0.0011
0.15%
1 day
0.47%
5 days
-9.62%
1 month
4.35%
3 months
-3.06%
6 months
17.45%
Year to date
-57.65%
1 year
-54.25%
5 years
-81.00%
10 years
-81.00%
 

About: VerifyMe Inc together with its subsidiaries, is a traceability and customer support services provider using specialized software and process technology. The company operates a Precision Logistics Segment and an Authentication Segment to provide specialized logistics for time-and-temperature sensitive products, as well as item-level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. It Generates the majority of its revenue from the Precision Logistics Segment. Through its Precision Logistics segment, it provides a value-added service for sensitive parcel management driven by a proprietary software platform that provides predictive analytics from key metrics such as pre-shipment weather analysis, flight-tracking, and Others.

Employees: 41

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

500% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 1

496% more capital invested

Capital invested by funds: $1.25M [Q4 2024] → $7.45M (+$6.2M) [Q1 2025]

233% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 3

23% more funds holding

Funds holding: 22 [Q4 2024] → 27 (+5) [Q1 2025]

10.32% more ownership

Funds ownership: 8.75% [Q4 2024] → 19.07% (+10.32%) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$1.50
102%
upside
Avg. target
$1.50
102%
upside
High target
$1.50
102%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Maxim Group
Jack Vander Aarde
102%upside
$1.50
Buy
Maintained
14 May 2025

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
VerifyMe, Inc. (VRME) Q1 2025 Earnings Call Transcript
VerifyMe, Inc. (NASDAQ:VRME ) Q1 2025 Earnings Conference Call May 13, 2025 11:00 AM ET Company Participants Adam Stedham - CEO Nancy Meyers - CFO Conference Call Participants Michael Petusky - Barrington Research Jack Vander Aarde - Maxim Group Operator Good day, and welcome to VerifyMe First Quarter 2025 Financial Results Conference Call. All participants will be in listen-only mode.
VerifyMe, Inc. (VRME) Q1 2025 Earnings Call Transcript
Neutral
PRNewsWire
1 month ago
VerifyMe Reports First Quarter 2025 Financial Results
Quarterly revenue of $4.5 million, compared to $5.8 million in Q1 2024 (1) Quarterly gross profit of $1.5 million or 33%, compared to $2.3 million or 39% in Q1 2024 Net loss of ($0.6) million in Q1 2025 and Q1 2024 (1) Adjusted EBITDA(2) of $0 million, compared to $0.1 million in Q1 2024 (1) Cash of $5.7 million as of March 31, 2025 LAKE MARY, Fla. , May 13, 2025 /PRNewswire/ -- VerifyMe , Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today the Company's financial results for its first quarter ended March 31, 2025 ("Q1 2025").
VerifyMe Reports First Quarter 2025 Financial Results
Neutral
PRNewsWire
1 month ago
VerifyMe to Report First Quarter 2025 Financial Results on May 13, 2025
LAKE MARY, Fla. , May 8, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today that it will release its financial results for the first quarter ended March 31, 2025 on May 13, 2025.
VerifyMe to Report First Quarter 2025 Financial Results on May 13, 2025
Neutral
Seeking Alpha
3 months ago
VerifyMe, Inc. (VRME) Q4 2024 Earnings Call Transcript
VerifyMe, Inc. (NASDAQ:VRME ) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Nancy Meyers - Chief Financial Officer Adam Stedham - President and Chief Executive Officer Conference Call Participants Michael Petusky - Barrington Research Operator Good morning, everyone, and welcome to the VerifyMe Fourth Quarter 2024 Financial Results Conference Call. All participants will be in a listen-only mode.
VerifyMe, Inc. (VRME) Q4 2024 Earnings Call Transcript
Neutral
PRNewsWire
3 months ago
VerifyMe Reports Fourth Quarter 2024 Financial Results and Improved Liquidity in the First Quarter of 2025
Cash flow provided by operations of $0.6 million in Q4 2024 and $0.9 million in the year ended December 31, 2024 2024 annual revenue of $24.2 million, compared to $25.3 million in 2023; with fourth quarter revenue of $7.7 million, compared to $8.7 million in Q4 2023 (1) 2024 annual gross profit of $8.7 million or 36%, compared to $8.0 million or 32% in 2023; Gross Profit of $2.4 million or 32% in Q4 2024, compared to $2.9 million or 33% in Q4 2023 2024 annual net loss of $3.8 million (including $1.6 million of one-time adjustments), compared to a net loss of $3.4 million in 2023; Net loss of $0.5 million in Q4 2024, compared to net income of less than $0.1 million in Q4 2023(1) 2024 annual adjusted EBITDA(2) of $0.9 million, compared to $0.4 million in 2023; Adjusted EBITDA of $0.5 million in Q4 2024, compared to $1.1 million in Q4 2023(1) Cash of $5.7 million as of February 28, 2025 or $0.46 per share, senior long-term debt of $0.9 million repaid in 2025 LAKE MARY, Fla. , March 6, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today the Company's financial results for its fourth quarter ended December 31, 2024 ("Q4 2024").
VerifyMe Reports Fourth Quarter 2024 Financial Results and Improved Liquidity in the First Quarter of 2025
Neutral
Zacks Investment Research
3 months ago
VerifyMe Gears Up to Report Q4 Earnings: What's in the Offing?
Declining revenues in the precision logistics segment are likely to have affected VRME's top line in the fourth quarter of 2024.
VerifyMe Gears Up to Report Q4 Earnings: What's in the Offing?
Neutral
PRNewsWire
3 months ago
VerifyMe to Report Fourth Quarter 2024 Financial Results on March 6, 2025
LAKE MARY, Fla. , Feb. 27, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, anti-diversion, anti-counterfeiting, and brand protection and enhancement solutions, announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on March 6, 2025.
VerifyMe to Report Fourth Quarter 2024 Financial Results on March 6, 2025
Neutral
PRNewsWire
5 months ago
VerifyMe Enters into a Warrant Inducement Transaction for $4.7 Million in Proceeds
LAKE MARY, Fla. , Jan. 14, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, authentication, anti-counterfeiting, and brand enhancement services, today announced its entry into a warrant inducement agreement with an existing institutional investor for the immediate exercise of an outstanding warrant held by the existing investor to purchase an aggregate of 1,461,896 shares of the Company's common stock.
VerifyMe Enters into a Warrant Inducement Transaction for $4.7 Million in Proceeds
Neutral
PRNewsWire
6 months ago
VerifyMe announces extension of Share Repurchase Plan
LAKE MARY, Fla. , Nov. 26, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, authentication, anti-counterfeiting, and brand enhancement services, announced today that the Company's board of directors (the "Board") approved an extension of its share repurchase plan.
VerifyMe announces extension of Share Repurchase Plan
Neutral
Seeking Alpha
7 months ago
VerifyMe, Inc. (VRME) Q3 2024 Earnings Call Transcript
VerifyMe, Inc. (NASDAQ:VRME ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Nancy Meyers - CFO Adam Stedham - CEO Conference Call Participants Michael Petusky - Barrington Research Jack Vander Aarde - Maxim Group Operator Hello, and welcome to the VerifyMe Third Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode.
VerifyMe, Inc. (VRME) Q3 2024 Earnings Call Transcript
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