VRME Q3 2020 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

Q3 2020 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$100,697+79.1% YoY

Gross Profit

$82,07681.5% margin

Operating Income

-$983,072-976.3% margin

Net Income

-$982,829-976.0% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+33.8%

Cash Flow

Operating Cash Flow

-$595,000

Free Cash Flow

-$619,000

Stock-Based Comp.

$12,000

Balance Sheet

Total Assets

$10M

Total Liabilities

$615,195

Stockholders' Equity

$9M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$100,697	$56,225	+79.1%
Gross Profit	$82,076	$47,754	+71.9%
Operating Income	-$983,072	-$662,101	-48.5%
Net Income	-$982,829	-$706,548	-39.1%