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VRME FY 2023 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena
VRME
VerifyMe, Inc.
$12M
FY 2023 Earnings
Industrials
Security & Protection Services
Income Statement
Revenue
$25M
+29.3% YoY
Gross Profit
$8M
31.7% margin
Operating Income
-$3M
-12.8% margin
Net Income
-$3M
-13.4% margin
EPS (Diluted)
$-0.35
Cash Flow
Operating Cash Flow
$244,000
Free Cash Flow
-$530,000
Stock-Based Comp.
$200,000
Balance Sheet
Total Assets
$21M
Total Liabilities
$8M
Stockholders' Equity
$13M
Cash & Equivalents
$3M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$25M
$20M
+29.3%
Gross Profit
$8M
$6M
+23.7%
Operating Income
-$3M
-$4M
+13.6%
Net Income
-$3M
-$14M
+76.5%
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All Quarters
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