VRME Q4 2023 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

Q4 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$9M-10.2% YoY

Gross Profit

$3M33.0% margin

Operating Income

$125,0001.4% margin

Net Income

$2,0000.0% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+55.5%

Cash Flow

Operating Cash Flow

$843,000

Free Cash Flow

$728,000

Stock-Based Comp.

$576,000

Balance Sheet

Total Assets

$21M

Total Liabilities

$8M

Stockholders' Equity

$13M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$10M	-10.2%
Gross Profit	$3M	$3M	+1.7%
Operating Income	$125,000	$761,000	-83.6%
Net Income	$2,000	$108,000	-98.1%

Revenue Segments

Premium Services

$1M100%