VRME FY 2024 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

FY 2024 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$24M-4.4% YoY

Gross Profit

$9M35.8% margin

Operating Income

-$2M-8.6% margin

Net Income

-$4M-15.8% margin

EPS (Diluted)

$-0.37

Cash Flow

Operating Cash Flow

$871,000

Free Cash Flow

$348,000

Stock-Based Comp.

$255,000

Balance Sheet

Total Assets

$16M

Total Liabilities

$6M

Stockholders' Equity

$10M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$25M	-4.4%
Gross Profit	$9M	$8M	+7.9%
Operating Income	-$2M	-$3M	+35.9%
Net Income	-$4M	-$3M	-12.8%