VRME FY 2022 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

FY 2022 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$20M+2157.9% YoY

Gross Profit

$6M33.1% margin

Operating Income

-$4M-19.1% margin

Net Income

-$14M-73.5% margin

EPS (Diluted)

$-1.70

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$145,000

Balance Sheet

Total Assets

$21M

Total Liabilities

$7M

Stockholders' Equity

$14M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$867,000	+2157.9%
Gross Profit	$6M	$599,000	+983.1%
Operating Income	-$4M	-$5M	+22.4%
Net Income	-$14M	$4M	-498.6%