VRME Q4 2022 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

Q4 2022 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$10M+3705.1% YoY

Gross Profit

$3M29.1% margin

Operating Income

$761,0007.8% margin

Net Income

$108,0001.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+86.1%

Cash Flow

Operating Cash Flow

$117,000

Free Cash Flow

$1,000

Stock-Based Comp.

$373,000

Balance Sheet

Total Assets

$21M

Total Liabilities

$7M

Stockholders' Equity

$14M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$255,000	+3705.1%
Gross Profit	$3M	-$101,000	+2897.0%
Operating Income	$761,000	-$1M	+165.4%
Net Income	$108,000	-$1M	+110.8%

Revenue Segments

Premium Services

$2M100%