VerifyMe Other Operating Expenses from 2010 to 2024

VRME Stock  USD 0.81  0.02  2.53%   
VerifyMe's Other Operating Expenses is increasing over the years with slightly volatile fluctuation. Overall, Other Operating Expenses is expected to go to about 29.7 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2001-03-31
Previous Quarter
5.9 M
Current Value
6.1 M
Quarterly Volatility
2.5 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 Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of VerifyMe over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VerifyMe. It is also known as VerifyMe overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. VerifyMe's Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

VerifyMe Other Operating Expenses Regression Statistics

Arithmetic Mean9,057,220
Geometric Mean4,556,992
Coefficient Of Variation111.58
Mean Deviation8,168,965
Median3,911,000
Standard Deviation10,106,348
Sample Variance102.1T
Range29.3M
R-Value0.66
Mean Square Error61.7T
R-Squared0.44
Significance0.01
Slope1,497,544
Total Sum of Squares1429.9T

VerifyMe Other Operating Expenses History

202429.7 M
202328.2 M
202223.3 M
20215.7 M
20203.9 M
20192.7 M
20182.7 M

About VerifyMe Financial Statements

VerifyMe stakeholders use historical fundamental indicators, such as VerifyMe's Other Operating Expenses, 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
Other Operating Expenses28.2 M29.7 M

Also Currently Popular

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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.