VerifyMe Net Income from 2010 to 2024

VRME Stock  USD 0.63  0.01  1.61%   
VerifyMe's Net Loss is increasing over the years with very volatile fluctuation. Net Loss is expected to dwindle to about -3.6 M. During the period from 2010 to 2024 VerifyMe Net Loss annual values regression line had geometric mean of  3,414,778 and mean square error of 46 T. View All Fundamentals
 
Net Loss  
First Reported
2001-03-31
Previous Quarter
-346 K
Current Value
-2.4 M
Quarterly Volatility
2.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VerifyMe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VerifyMe's main balance sheet or income statement drivers, such as Interest Expense of 152.9 K, Selling General Administrative of 10.5 M or Research Development of 101.7 K, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 39.03 or PTB Ratio of 0.91. VerifyMe financial statements analysis is a perfect complement when working with VerifyMe Valuation or Volatility modules.
  
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.

Latest VerifyMe's Net Income Growth Pattern

Below is the plot of the Net Income of VerifyMe over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in VerifyMe financial statement analysis. It represents the amount of money remaining after all of VerifyMe operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is VerifyMe's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VerifyMe's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (3.39 M)10 Years Trend
Very volatile
   Net Income   
       Timeline  

VerifyMe Net Income Regression Statistics

Arithmetic Mean(3,784,283)
Geometric Mean3,414,778
Coefficient Of Variation(172.81)
Mean Deviation4,215,098
Median(2,932,462)
Standard Deviation6,539,640
Sample Variance42.8T
Range28.6M
R-Value0.02
Mean Square Error46T
R-Squared0.0005
Significance0.94
Slope33,281
Total Sum of Squares598.7T

VerifyMe Net Income History

2024-3.6 M
2023-3.4 M
2022-14.5 M
202112.2 M
2020-8 M
2019-2.6 M
2018-2.9 M

Other Fundumenentals of VerifyMe

VerifyMe Net Income component correlations

About VerifyMe Financial Statements

VerifyMe stakeholders use historical fundamental indicators, such as VerifyMe's Net Income, to determine how well the company is positioned to perform in the future. Although VerifyMe investors may analyze each financial statement separately, they are all interrelated. For example, changes in VerifyMe's assets and liabilities are reflected in the revenues and expenses on VerifyMe's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in VerifyMe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-3.4 M-3.6 M
Net Loss-3.3 M-3.4 M
Net Loss-13 M-12.3 M
Net Loss(0.35)(0.37)
Net Income Per E B T 0.91  1.15 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether VerifyMe is a strong investment it is important to analyze VerifyMe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VerifyMe's future performance. For an informed investment choice regarding VerifyMe Stock, refer to the following important reports:
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VerifyMe. If investors know VerifyMe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VerifyMe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
(0.32)
Revenue Per Share
2.533
Quarterly Revenue Growth
0.003
Return On Assets
(0.05)
The market value of VerifyMe is measured differently than its book value, which is the value of VerifyMe that is recorded on the company's balance sheet. Investors also form their own opinion of VerifyMe's value that differs from its market value or its book value, called intrinsic value, which is VerifyMe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VerifyMe's market value can be influenced by many factors that don't directly affect VerifyMe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VerifyMe's value and its price as these two are different measures arrived at by different means. Investors typically determine if VerifyMe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VerifyMe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.