VerifyMe Historical Income Statement

VRMEW Stock

USD 0.17 0.02 10.53%

Historical analysis of VerifyMe income statement accounts such as Depreciation And Amortization of 1.4 M, Total Revenue of 30.6 M, Gross Profit of 10.9 M or Other Operating Expenses of 34.1 M can show how well VerifyMe performed in making a profits. Evaluating VerifyMe income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VerifyMe's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining VerifyMe latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VerifyMe is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VerifyMe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy VerifyMe Stock please use our How to Invest in VerifyMe guide.

About VerifyMe Income Statement Analysis

VerifyMe Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to VerifyMe shareholders. The income statement also shows VerifyMe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

VerifyMe Income Statement Chart

At this time, VerifyMe's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to climb to about 30.6 M in 2025, whereas EBIT is likely to drop (2.8 M) in 2025.

Total Revenue Gross Profit Other Operating Expenses Research Development

Total Revenue

Total revenue comprises all receipts VerifyMe generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of VerifyMe minus its cost of goods sold. It is profit before VerifyMe operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

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. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from VerifyMe's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VerifyMe current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VerifyMe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy VerifyMe Stock please use our How to Invest in VerifyMe guide.At this time, VerifyMe's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to climb to about 30.6 M in 2025, whereas EBIT is likely to drop (2.8 M) in 2025.

	2022	2023	2024	2025 (projected)
Total Revenue	19.6M	25.3M	29.1M	30.6M
Depreciation And Amortization	770K	1.1M	1.3M	1.4M

Total Revenue Depreciation And Amortization

VerifyMe income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Cost Of Revenue	Interest Income	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation
Depreciation And Amortization		1.0	1.0	0.96	0.26	-0.02	-0.16	0.08	0.75	-0.12	-0.28	-0.12	0.07	-0.17	0.84	0.91	1.0	-0.5	-0.02	-0.24	1.0
Total Revenue	1.0		1.0	0.95	0.32	-0.02	-0.18	0.08	0.72	-0.13	-0.34	-0.14	0.09	-0.15	0.83	0.91	1.0	-0.51	0.0	-0.3	1.0
Gross Profit	1.0	1.0		0.95	0.31	0.0	-0.19	0.09	0.72	-0.11	-0.31	-0.12	0.07	-0.14	0.83	0.91	1.0	-0.52	-0.01	-0.27	1.0
Other Operating Expenses	0.96	0.95	0.95		0.1	-0.26	0.04	-0.17	0.9	-0.3	-0.3	-0.27	0.08	-0.18	0.9	0.85	0.95	-0.42	0.02	-0.28	0.95
Operating Income	0.26	0.32	0.31	0.1		0.29	-0.54	0.32	-0.27	-0.02	-0.66	-0.19	0.47	0.08	-0.04	0.27	0.34	-0.23	-0.07	-0.68	0.29
Ebit	-0.02	-0.02	0.0	-0.26	0.29		-0.56	1.0	-0.56	0.8	0.46	0.64	0.0	0.14	-0.32	-0.04	-0.03	-0.1	-0.09	0.46	0.01
Research Development	-0.16	-0.18	-0.19	0.04	-0.54	-0.56		-0.58	0.37	-0.21	0.27	-0.19	0.08	-0.1	-0.13	-0.26	-0.18	0.39	0.13	0.05	-0.19
Ebitda	0.08	0.08	0.09	-0.17	0.32	1.0	-0.58		-0.48	0.79	0.43	0.62	0.01	0.13	-0.24	0.05	0.07	-0.15	-0.09	0.43	0.1
Total Operating Expenses	0.75	0.72	0.72	0.9	-0.27	-0.56	0.37	-0.48		-0.49	-0.18	-0.4	0.03	-0.21	0.87	0.62	0.72	-0.22	0.04	-0.18	0.72
Income Before Tax	-0.12	-0.13	-0.11	-0.3	-0.02	0.8	-0.21	0.79	-0.49		0.69	0.95	-0.42	0.08	-0.46	-0.05	-0.14	-0.07	0.1	0.66	-0.1
Total Other Income Expense Net	-0.28	-0.34	-0.31	-0.3	-0.66	0.46	0.27	0.43	-0.18	0.69		0.67	-0.34	0.03	-0.33	-0.34	-0.35	0.23	0.09	0.93	-0.29
Net Income	-0.12	-0.14	-0.12	-0.27	-0.19	0.64	-0.19	0.62	-0.4	0.95	0.67		-0.69	0.04	-0.38	0.02	-0.15	-0.11	0.19	0.73	-0.11
Income Tax Expense	0.07	0.09	0.07	0.08	0.47	0.0	0.08	0.01	0.03	-0.42	-0.34	-0.69		0.06	0.01	-0.17	0.1	0.2	-0.31	-0.57	0.07
Interest Expense	-0.17	-0.15	-0.14	-0.18	0.08	0.14	-0.1	0.13	-0.21	0.08	0.03	0.04	0.06		-0.18	-0.08	-0.15	-0.23	0.02	0.07	-0.15
Selling General Administrative	0.84	0.83	0.83	0.9	-0.04	-0.32	-0.13	-0.24	0.87	-0.46	-0.33	-0.38	0.01	-0.18		0.74	0.82	-0.41	-0.01	-0.21	0.83
Selling And Marketing Expenses	0.91	0.91	0.91	0.85	0.27	-0.04	-0.26	0.05	0.62	-0.05	-0.34	0.02	-0.17	-0.08	0.74		0.91	-0.56	-0.09	-0.24	0.92
Cost Of Revenue	1.0	1.0	1.0	0.95	0.34	-0.03	-0.18	0.07	0.72	-0.14	-0.35	-0.15	0.1	-0.15	0.82	0.91		-0.51	0.01	-0.31	1.0
Interest Income	-0.5	-0.51	-0.52	-0.42	-0.23	-0.1	0.39	-0.15	-0.22	-0.07	0.23	-0.11	0.2	-0.23	-0.41	-0.56	-0.51		0.32	0.13	-0.53
Net Interest Income	-0.02	0.0	-0.01	0.02	-0.07	-0.09	0.13	-0.09	0.04	0.1	0.09	0.19	-0.31	0.02	-0.01	-0.09	0.01	0.32		0.22	-0.03
Net Income From Continuing Ops	-0.24	-0.3	-0.27	-0.28	-0.68	0.46	0.05	0.43	-0.18	0.66	0.93	0.73	-0.57	0.07	-0.21	-0.24	-0.31	0.13	0.22		-0.25
Reconciled Depreciation	1.0	1.0	1.0	0.95	0.29	0.01	-0.19	0.1	0.72	-0.1	-0.29	-0.11	0.07	-0.15	0.83	0.92	1.0	-0.53	-0.03	-0.25

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VerifyMe Account Relationship Matchups

VerifyMe income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	98K	117K	770K	1.1M	1.3M	1.4M
Total Revenue	343K	867K	19.6M	25.3M	29.1M	30.6M
Gross Profit	281K	599K	6.5M	9.0M	10.4M	10.9M
Other Operating Expenses	3.9M	5.7M	23.3M	28.2M	32.5M	34.1M
Operating Income	(3.6M)	(13.4M)	6.1M	(2.9M)	(2.6M)	(2.8M)
Ebit	(3.5M)	(4.8M)	(14.3M)	(2.9M)	(2.6M)	(2.8M)
Research Development	19K	51K	89K	107K	123.1K	116.9K
Ebitda	(3.4M)	(4.7M)	(13.5M)	(1.8M)	(1.6M)	(1.7M)
Total Operating Expenses	3.8M	5.4M	10.2M	11.9M	13.7M	14.4M
Income Before Tax	(5.9M)	3.6M	(14.4M)	(3.4M)	(3.1M)	(3.2M)
Total Other Income Expense Net	(2.3M)	8.4M	(25.6M)	(461.0K)	(414.9K)	(435.6K)
Net Income	(8.0M)	12.2M	(14.5M)	(3.4M)	(3.1M)	(3.2M)
Income Tax Expense	2.1M	(8.6M)	88K	(1.0)	(0.9)	(0.94)
Interest Expense	2.1M	2K	88K	161K	185.2K	175.9K
Selling General Administrative	3.2M	4.2M	8.4M	10.0M	11.5M	12.0M
Selling And Marketing Expenses	651K	1.2M	1.7M	1.6M	1.9M	2.0M
Cost Of Revenue	62K	268K	13.1M	16.3M	18.8M	19.7M
Net Interest Income	(2.1M)	2K	(88K)	(161K)	(185.2K)	(194.4K)
Net Income From Continuing Ops	(5.9M)	3.6M	(14.4M)	(3.3M)	(3.0M)	(3.1M)
Reconciled Depreciation	98K	117K	770K	1.1M	1.3M	1.3M

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When running VerifyMe's price analysis, check to measure VerifyMe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VerifyMe is operating at the current time. Most of VerifyMe's value examination focuses on studying past and present price action to predict the probability of VerifyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VerifyMe's price. Additionally, you may evaluate how the addition of VerifyMe to your portfolios can decrease your overall portfolio volatility.

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VerifyMe Historical Income Statement

About VerifyMe Income Statement Analysis

VerifyMe Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

VerifyMe income statement Correlations

VerifyMe Account Relationship Matchups

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VerifyMe income statement Accounts

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Total Revenue	+ 1.0	Depreciation And Amortization
Gross Profit	+ 1.0	Depreciation And Amortization
Cost Of Revenue	+ 1.0	Depreciation And Amortization
Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Gross Profit	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue

Income Tax Expense	- 0.69	Net Income
Net Income From Continuing Ops	- 0.68	Operating Income
Total Other Income Expense Net	- 0.66	Operating Income
Ebitda	- 0.58	Research Development
Net Income From Continuing Ops	- 0.57	Income Tax Expense
Interest Income	- 0.56	Selling And Marketing Expenses