VRME Q1 2021 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

Q1 2021 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$188,000+104.3% YoY

Gross Profit

$145,00077.1% margin

Operating Income

-$1M-646.3% margin

Net Income

-$1M-646.3% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+150.7%

Cash Flow

Operating Cash Flow

-$904,000

Free Cash Flow

-$1M

Stock-Based Comp.

$353,000

Balance Sheet

Total Assets

$16M

Total Liabilities

$505,000

Stockholders' Equity

$16M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$188,000	$92,000	+104.3%
Gross Profit	$145,000	$75,000	+93.3%
Operating Income	-$1M	-$668,994	-81.6%
Net Income	-$1M	-$1M	-11.3%