Growth & profitability
- Revenue has grown 116.7% per year over the past 5 years.
- Operating margin has expanded, at -30.9% in the latest year.
Financial health
- Total debt has grown slower than revenue (-27.6% vs 116.7% per year).
VRME Financials VerifyMe, Inc.
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $16M | -$5M | 38.5% | -30.9% | -44.6% | -37.7% | $585000 | — | $4M |
| 2024 | $24M | -$4M | 35.8% | -18.1% | -37.4% | -23.8% | $864000 | — | $3M |
| 2023 | $25M | -$3M | 31.7% | -13.1% | -27.1% | -16.4% | $217000 | $1M | $3M |
| 2022 | $20M | -$14M | 33.1% | -19.1% | -106.0% | -69.4% | — | $2M | $3M |
| 2021 | $867000 | $4M | 69.1% | -557.2% | 17.1% | 16.7% | -$3M | — | $9M |
| 2021 | $867000 | $4M | 69.1% | -557.2% | — | — | — | — | — |
| 2020 | $343000 | -$6M | 81.9% | -1040.2% | -70.9% | -67.3% | — | — | $8M |
| 2020 | $343000 | -$6M | 81.9% | -1040.2% | — | — | — | — | — |
| 2019 | $245000 | -$3M | 81.6% | -992.7% | 3741.8% | -265.9% | — | — | — |
| 2018 | $74884 | -$3M | 61.5% | -3466.4% | -186.8% | -143.0% | — | — | — |
| 2017 | — | -$3M | — | — | 1758.6% | -374.8% | — | — | — |
| 2016 | — | -$2M | — | — | 128.8% | -585.6% | — | — | — |
| 2015 | — | -$2M | — | — | 106.2% | -682.7% | — | — | — |
| 2014 | — | -$8M | — | — | 65.3% | -1409.0% | — | — | — |
| 2014 | — | -$33M | — | — | 400.7% | -3059.5% | — | — | — |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $2M | -$505000 | 53.5% | -29.1% | -5.1% | -4.4% | — | — | $5M |
| Mar '26 | $2M | -$679000 | 54.2% | -43.3% | -6.5% | -5.6% | — | — | $4M |
| Dec '25 | $2M | -$687000 | 48.8% | -30.3% | -6.2% | -5.3% | $43000 | — | $4M |
| Sep '25 | $5M | -$3M | 41.2% | -68.2% | -30.2% | -25.3% | — | — | $4M |
| Jun '25 | $5M | -$291000 | 35.2% | -7.1% | -2.0% | -1.7% | — | — | $6M |
| Mar '25 | $4M | -$571000 | 33.4% | -13.3% | -3.9% | -3.3% | — | — | $6M |
| Dec '24 | $8M | -$501000 | 31.5% | -4.4% | -4.9% | -3.1% | $569000 | — | $3M |
| Sep '24 | $5M | -$2M | 34.9% | -52.8% | -23.6% | -16.3% | -$12000 | $1M | $3M |
| Jun '24 | $5M | -$346000 | 39.1% | -10.0% | -2.8% | -2.0% | $369000 | $1M | $3M |
| Mar '24 | $6M | -$553000 | 39.2% | -11.2% | -4.5% | -3.1% | -$62000 | $1M | $3M |
| Dec '23 | $9M | $2000 | 33.0% | 0.8% | 0.0% | 0.0% | $840000 | $1M | $3M |
| Sep '23 | $6M | -$930000 | 36.5% | -15.3% | -7.8% | -4.9% | -$136000 | $2M | $3M |
| Jun '23 | $5M | -$882000 | 29.7% | -19.5% | -7.1% | -4.8% | -$348000 | $2M | $3M |
| Mar '23 | $6M | -$2M | 26.9% | -26.6% | -12.2% | -8.1% | -$139000 | $2M | $3M |
| Dec '22 | $10M | $108000 | 29.1% | 1.0% | 0.8% | 0.5% | — | $2M | $3M |
| Sep '22 | $5M | -$557000 | 35.6% | -16.8% | -4.2% | -3.2% | — | $2M | $4M |
| Jun '22 | $4M | -$13M | 37.5% | -29.4% | -92.4% | -69.4% | — | $2M | $4M |
| Mar '22 | $161000 | -$1M | 76.4% | -1024.8% | -6.9% | -6.7% | — | — | $8M |
| Dec '21 | $255000 | -$1M | 66.7% | -455.7% | -4.7% | -4.6% | -$890000 | — | $9M |
| Dec '21 | $255000 | -$1M | 66.7% | -456.1% | — | — | — | — | — |
Valuation over time
How the market has priced VRME against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 1.3× (Mar '23) to 0.5× (Sep '26).
P/S
Frequently asked questions
Is VRME growing its revenue and profit?
Over the past 5 years, VerifyMe, Inc.'s revenue has grown 116.7% per year. These are computed facts, not advice.
How much debt does VRME have?
As of FY2025, VerifyMe, Inc. reported — of total debt against $4M of cash.
What is VRME's profit margin?
In FY2025, gross margin was 38.5%, operating margin -30.9%, and net margin -29.9%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.