VRME Q2 2022 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

Q2 2022 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$4M+3526.6% YoY

Gross Profit

$2M37.5% margin

Operating Income

-$1M-29.4% margin

Net Income

-$13M-279.2% margin

EPS (Diluted)

$-1.50

QoQ Revenue Growth

+2693.2%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

-$337,000

Balance Sheet

Total Assets

$18M

Total Liabilities

$5M

Stockholders' Equity

$14M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$124,000	+3526.6%
Gross Profit	$2M	$98,000	+1619.4%
Operating Income	-$1M	-$1M	+7.4%
Net Income	-$13M	-$1M	-824.5%