What are the investment risks for VerifyMe Inc (VRME)?

Revenue declining 7.4% YoY after 3.9M impairment signals potential structural business deterioration, not one-time event ROE of -44% and ROIC of -38% TTM indicate capital destruction; remaining 2.9M goodwill at risk

VerifyMe Inc

VRME

—

Build a strategy around VRME

VerifyMe Inc AI Insights

Informational only. Not investment advice.

As of 2025-12-17

Snapshot

3.9M impairment charge (29% of equity) drove TTM net loss of 4.7M despite positive operating cash flow of 1.1M[Impairment of Capital Assets]
Goodwill of 2.9M is 50% of tangible book value (5.9M) - further impairment risk after 3.9M writedown[Goodwill]
Revenue declined 7.4% YoY to 21.7M TTM after 5Y CAGR of 119% - growth inflection point[Total Revenue 1Y Growth]

Watch Triggers

Total Revenue 1Y Growth: Returns to positive growth (>0%) — Revenue stabilization is prerequisite for operating leverage to profitability
Operating Margin TTM: Turns positive (>0%) — At -3.6%, small revenue uptick could flip to profitability
Cash and Equivalents: Falls below 2M — Would signal dilutive financing risk given 750K current debt

Bull Case

Near-breakeven operations (-3.6% operating margin TTM) with 4M cash and minimal debt (0.08 D/E) provides runway to reach profitability without dilution

Operating Margin TTMCash and EquivalentsDebt to Equity

Trading at 0.41x P/S vs industry median 1.48x - 72% discount if revenue stabilizes

P/S RatioTotal Revenue TTM

Bear Case

Revenue declining 7.4% YoY after 3.9M impairment signals potential structural business deterioration, not one-time event

Total Revenue 1Y GrowthImpairment of Capital Assets

ROE of -44% and ROIC of -38% TTM indicate capital destruction; remaining 2.9M goodwill at risk

ROE TTMROIC TTMGoodwill

Bull vs Bear Balance

AI-generated sentiment analysis based on fundamental metrics and market conditions.

35%

Leverage VRME's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.

Take Me to The Editor

Forward Thesis

Path to profitability hinges on stabilizing revenue while maintaining positive operating cash flow

1-3ylow

Operating cash flow positive at 1.1M despite net loss
Gross margin 34.9% provides contribution margin headroom
Minimal debt (0.08 D/E) preserves financial flexibility

Cash Flow TTM: 1.1M positiveOperating Margin TTM: -3.6% (near breakeven)Total Debt: 833K vs 4M cash

Valuation Context

Caveats

Public Strategies Rankings

See how VerifyMe Inc ranks across different investment strategies.

Leverage VRME's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.

VRME Fundamentals

Administrative and Support and Waste Management and Remediation Services → Administrative and Support Services

Metric	Value	YoY Growth	Industry Percentile
Market Cap	$10.78M		—
Enterprise Value	$7.18M		—
P/E Ratio	0.00		—
Total Revenue - TTM	$16.4M	-32.3%	—
Earnings Per Share (diluted) - TTM	$-0.39		—
Operating Margin - TTM	-7.44%	+1.1%	—
Net Margin - TTM	-29.9%	-14.1%	—
Free Cash Flow - TTM	$-130,000		—
Return on Common Equity - TTM	-46.3%	-12.6%	—
Beta 5Y (Monthly)	unknown		—

VRME Dividend History

No dividends

VRME Stock Splits

2 stock splits

06/18/2050:1 split

07/23/1585:1 split

VRME SEC Filings

Filing Date	Report Date	Report Type	Filing Link
03/31/26	12/31/25	Unknown	0001214659-26-004051
11/14/25	09/30/25	10-Q	0001214659-25-016707
08/13/25	06/30/25	10-Q	0001214659-25-011996
05/13/25	03/31/25	10-Q	0001214659-25-007494
03/12/25	12/31/24	Unknown	0001214659-25-004279
11/12/24	09/30/24	10-Q	0001214659-24-018758
08/13/24	06/30/24	10-Q	0001214659-24-014333
05/14/24	03/31/24	10-Q	0001214659-24-009060
03/29/24	12/31/23	10-K	0001214659-24-005643
11/08/23	09/30/23	10-Q	0001214659-23-014701
08/10/23	06/30/23	10-Q	0001214659-23-011000
05/11/23	03/31/23	10-Q	0001214659-23-006818
03/28/23	12/31/22	10-K	0001214659-23-004301
11/10/22	09/30/22	10-Q	0001214659-22-013506
08/15/22	06/30/22	10-Q	0001214659-22-010219
05/11/22	03/31/22	10-Q	0001214659-22-006629
03/14/22	12/31/21	10-K	0001214659-22-003917
11/10/21	09/30/21	10-Q	0001214659-21-011396
08/13/21	06/30/21	10-Q	0001214659-21-008524
05/13/21	03/31/21	10-Q	0001214659-21-005308
03/25/21	12/31/20	10-K	0001214659-21-003448
11/12/20	09/30/20	10-Q	0001214659-20-009398
08/14/20	06/30/20	10-Q	0001214659-20-007200
05/13/20	03/31/20	10-Q	0001214659-20-004482
03/09/20	12/31/19	10-K	0001214659-20-002426
11/14/19	09/30/19	10-Q	0001214659-19-007217
08/14/19	06/30/19	10-Q	0001214659-19-005266
05/15/19	03/31/19	10-Q	0001214659-19-003528
04/01/19	12/31/18	10-K	0001214659-19-002423
11/14/18	09/30/18	10-Q	0001214659-18-007114
08/10/18	06/30/18	10-Q	0001214659-18-005383
05/15/18	03/31/18	10-Q	0001214659-18-003756
04/16/18	12/31/17	10-K	0001214659-18-002823
11/14/17	09/30/17	10-Q	0001214659-17-006711
08/14/17	06/30/17	10-Q	0001214659-17-005103
05/15/17	03/31/17	10-Q	0001214659-17-003399
04/12/17	12/31/16	10-K	0001214659-17-002515
11/21/16	09/30/16	10-Q	0001214659-16-014859
08/22/16	06/30/16	10-Q	0001214659-16-013343
05/18/16	03/31/16	10-Q	0001214659-16-011672
03/30/16	12/31/15	10-K	0001214659-16-010550
11/12/15	09/30/15	10-Q	0001193125-15-375915
08/19/15	06/30/15	10-Q	0001193125-15-296110
05/15/15	03/31/15	10-Q	0001193125-15-189823
04/16/15	12/31/14	10-K	0001193125-15-132103
11/19/14	09/30/14	10-Q	0001571049-14-006628
08/19/14	06/30/14	10-Q	0001571049-14-004141
05/20/14	03/31/14	10-Q	0001571049-14-001973
11/04/15	12/31/13	10-K/A	0001193125-15-366067
03/31/14	12/31/13	10-K	0001188112-14-000884
11/19/13	09/30/13	10-Q	0001571049-13-001165
08/14/13	06/30/13	10-Q	0001188112-13-002467
05/20/13	03/31/13	10-Q	0001188112-13-001634
04/01/13	12/31/12	10-K	0001188112-13-000907
10/31/12	09/30/12	10-Q	0001188112-12-003180
08/29/12	06/30/12	10-Q	0001471242-12-001232
08/27/12	03/31/12	10-Q	0001471242-12-001200
07/13/12	12/31/11	10-K	0001471242-12-000947
05/13/13	12/31/11	10-K/A	0001188112-13-001507
10/31/12	09/30/11	10-Q	0001188112-12-003180
09/13/12	06/30/11	10-Q/A	0001471242-12-001301
09/05/12	03/31/11	10-Q/A	0001471242-12-001256
11/14/08	09/30/08	10-Q	0001144204-08-063772
08/19/08	06/30/08	NT 10-Q	0001144204-08-047671
03/31/08	03/30/08	Unknown	--
12/31/07	12/31/07	NT 10-K	0001144204-08-019665
09/30/07	09/30/07	10QSB	0001144204-07-060979
06/30/07	06/30/07	10QSB	0001144204-07-043208
03/31/07	03/30/07	Unknown	--
12/31/06	12/31/06	5	0001144204-07-016036
09/30/06	09/30/06	10QSB	0001144204-06-046732
06/30/06	06/30/06	10QSB	0001144204-06-033731
03/31/06	03/30/06	Unknown	--
12/31/05	12/31/05	10KSB	0001144204-06-012869
09/30/05	09/30/05	8-K	0001144204-05-030624
06/30/05	06/30/05	10QSB	0001144204-05-024889
03/31/05	03/30/05	Unknown	--
12/31/04	12/31/04	10KSB	0001144204-05-009104
09/30/04	09/30/04	10QSB	0001144204-04-018818
06/30/04	06/30/04	10QSB	0000950116-04-002498
03/31/04	03/30/04	Unknown	--
12/31/03	12/31/03	10KSB	0000950116-04-001037
09/30/03	09/30/03	10QSB	0000950116-03-004543
06/30/03	06/30/03	10QSB	0000950116-03-003584
03/31/03	03/30/03	Unknown	--
12/31/02	12/31/02	8-K/A	0000831378-02-000011
09/30/02	09/30/02	10QSB	0000831378-02-000013
06/30/02	06/30/02	NT 10-Q	0000831378-02-000006
03/31/02	03/31/02	4	0000831378-02-000001
12/31/01	12/31/01	8-K	0001139022-01-500032
09/30/01	09/30/01	10QSB	0001139022-01-500036
06/30/01	06/30/01	10QSB	0001139022-01-500025
03/31/01	03/31/01	8-K	0001065859-01-000005