VerifyMe, Inc. (VRME)

USD 0.63

(3.1%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 25.31 Million 19.57 Million 867 Thousand 343 Thousand 244.74 Thousand 74.88 Thousand
Cost of Revenue 16.3 Million 13.08 Million 268 Thousand 62 Thousand 45.05 Thousand 28.8 Thousand
Gross Profit 9 Million 6.48 Million 599 Thousand 281 Thousand 199.68 Thousand 46.08 Thousand
Operating Expenses 11.93 Million 10.23 Million 5.43 Million 3.84 Million 2.63 Million 2.64 Million
Selling, General and Administrative Expenses 11.82 Million 10.14 Million 5.37 Million 3.83 Million 2.62 Million 2.45 Million
Research and Development Expenses 107 Thousand 89 Thousand 51 Thousand 19 Thousand 5119.00 187.65 Thousand
Other Expenses - 31 Thousand 685 Thousand 904 Thousand 625.16 Million -779 Thousand
Cost and Expenses 28.24 Million 23.32 Million 5.69 Million 3.91 Million 2.67 Million 2.67 Million
Operating Income -2.92 Million 6.07 Million -13.38 Million -3.56 Million -2.43 Million -2.59 Million
Interest Expense 161 Thousand 88 Thousand 2000.00 2.05 Million 97 Thousand 6664.00
Income Tax Expense - 88 Thousand -8.56 Million 2.05 Million 75.22 Thousand -329.99 Thousand
Earnings before Tax -3.39 Million -14.39 Million 3.61 Million -5.9 Million -2.5 Million -2.93 Million
Net Income -3.39 Million -14.48 Million 12.17 Million -7.95 Million -2.58 Million -2.93 Million
Earnings Per Share Basic -0.35 -1.71 1.71 -2.00 -1.20 -1.43
Earnings Per Share Diluted -0.35 -1.71 1.65 -2.00 -1.20 -1.43
Weighted Average Shares Outstanding 9.68 Million 8.46 Million 7.11 Million 3.98 Million 2.14 Million 2.04 Million
Weighted Average Shares Outstanding (Diluted) 9.76 Million 8.46 Million 7.38 Million 3.98 Million 2.14 Million 2.04 Million
Gross Margin 0.36 0.33 0.69 0.82 0.82 0.62
EBIT Margin -0.07 0.35 -15.31 -10.12 -9.89 -40.20
Profit Margin -0.13 -0.74 14.04 -23.19 -10.55 -39.16
EBITDA -1.79 Million -13.54 Million -4.71 Million -3.44 Million -2.37 Million -2.57 Million
Earnings Before Tax Margin -0.12 0.31 -15.44 -10.40 -9.94 -34.66

Income Statement Charts