VRMEVerifyMe, Inc.

$12M

Q2 2020 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$75,256+85.9% YoY

Gross Profit

$62,08482.5% margin

Operating Income

-$741,672-985.5% margin

Net Income

-$3M-3525.4% margin

EPS (Diluted)

$-1.04

QoQ Revenue Growth

-18.2%

Cash Flow

Operating Cash Flow

-$364,217

Free Cash Flow

-$364,220

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10M

Total Liabilities

$457,142

Stockholders' Equity

$10M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$75,256	$40,479	+85.9%
Gross Profit	$62,084	$33,394	+85.9%
Operating Income	-$741,672	-$666,688	-11.2%
Net Income	-$3M	-$665,656	-298.6%

VRME Q2 2020 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena