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VRME Q2 2023 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena
VRME
VerifyMe, Inc.
$12M
Q2 2023 Earnings
Industrials
Security & Protection Services
Income Statement
Revenue
$5M
+18.6% YoY
Gross Profit
$2M
29.7% margin
Operating Income
-$1M
-19.5% margin
Net Income
-$882,000
-16.5% margin
EPS (Diluted)
$-0.09
QoQ Revenue Growth
-5.8%
Cash Flow
Operating Cash Flow
-$337,000
Free Cash Flow
-$554,000
Stock-Based Comp.
-$245,000
Balance Sheet
Total Assets
$18M
Total Liabilities
$6M
Stockholders' Equity
$12M
Cash & Equivalents
$3M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$5M
$4M
+18.6%
Gross Profit
$2M
$2M
-5.9%
Operating Income
-$1M
-$1M
+21.5%
Net Income
-$882,000
-$13M
+93.0%
Revenue Segments
Premium Services
$1M
100%
← FY 2023
All Quarters
Q3 2023 →