Tearsheet

VerifyMe (VRME)


Market Price (12/28/2025): $0.656 | Market Cap: $8.3 Mil
Sector: Industrials | Industry: Security & Alarm Services

VerifyMe (VRME)


Market Price (12/28/2025): $0.656
Market Cap: $8.3 Mil
Sector: Industrials
Industry: Security & Alarm Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -38%
Weak multi-year price returns
2Y Excs Rtn is -85%, 3Y Excs Rtn is -124%
Penny stock
Mkt Price is 0.7
1 Megatrend and thematic drivers
Megatrends include Digital Trust & Global Brand Integrity. Themes include Product Authentication & Anti-Counterfeiting, E-commerce Brand Protection, and Supply Chain Traceability.
  Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -0.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.6%
2   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -7.4%
3   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -61%
4   High stock price volatility
Vol 12M is 189%
5   Key risks
VRME key risks include [1] a significant and continuing revenue decline coupled with strategic business divestitures, Show more.
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -38%
1 Megatrend and thematic drivers
Megatrends include Digital Trust & Global Brand Integrity. Themes include Product Authentication & Anti-Counterfeiting, E-commerce Brand Protection, and Supply Chain Traceability.
2 Weak multi-year price returns
2Y Excs Rtn is -85%, 3Y Excs Rtn is -124%
3 Penny stock
Mkt Price is 0.7
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -0.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.6%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -7.4%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -61%
7 High stock price volatility
Vol 12M is 189%
8 Key risks
VRME key risks include [1] a significant and continuing revenue decline coupled with strategic business divestitures, Show more.

Valuation, Metrics & Events

VRME Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points explaining the -26.3% movement in VerifyMe (VRME) stock from approximately August 31, 2025, to today:

<br><br>

<b>1. Nasdaq Minimum Bid Price Deficiency:</b> On December 12, 2025, VerifyMe received a formal deficiency letter from Nasdaq, indicating that the company's common stock no longer met the minimum bid price requirement of $1 per share for 30 consecutive business days. The company was granted a 180-day compliance period, ending June 10, 2026, to regain compliance. This notice signals a significant concern about the stock's valuation and can exert downward pressure.

<br><br>

<b>2. Widened Net Loss in Q3 2025 Due to Impairments:</b> VerifyMe reported a net loss of ($3.4) million for the third quarter ended September 30, 2025, a significant increase from a net loss of ($2.4) million in Q3 2024. This widened loss was primarily driven by $3.9 million in goodwill and intangible asset impairments within its Precision Logistics segment. The non-cash impairment charge negatively impacted the company's profitability.

<br><br>

<b>3. Q3 2025 Revenue Decline from Discontinued Services:</b> The company reported a revenue of $5.0 million in Q3 2025, a decrease from $5.4 million in Q3 2024. This $0.4 million reduction was largely attributed to a $0.8 million decrease from previously disclosed discontinued services with two customers in its Proactive services. This indicates ongoing challenges in customer retention and revenue generation in certain segments.

<br><br>

<b>4. Q3 2025 Earnings Per Share (EPS) Miss:</b> Despite revenue for Q3 2025 surpassing analyst forecasts, VerifyMe's earnings per share (EPS) stood at a loss of $0.26, significantly missing the anticipated loss of $0.05. This substantial miss on the bottom line, despite a top-line beat, likely contributed to investor disappointment.

<br><br>

<b>5. Negative Market and Analyst Sentiment:</b> Throughout the latter part of 2025, various analyses and forecasts indicated a negative outlook for VRME stock. StockInvest.us on December 26, 2025, labeled VRME as a "Strong Sell Candidate" with several negative signals and a falling trend. Similarly, Intellectia AI on December 26, 2025, concluded with a "Strong Sell" rating, and CoinCodex on December 27, 2025, indicated a "Bearish" sentiment for the stock. This overall negative sentiment likely compounded the downward pressure on the stock price.

Show more

Stock Movement Drivers

Fundamental Drivers

The -28.4% change in VRME stock from 9/27/2025 to 12/27/2025 was primarily driven by a -26.8% change in the company's P/S Multiple.
927202512272025Change
Stock Price ($)0.920.66-28.38%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)22.0721.67-1.82%
P/S Multiple0.520.38-26.83%
Shares Outstanding (Mil)12.6412.68-0.31%
Cumulative Contribution-28.38%

LTM = Last Twelve Months as of date shown

Market Drivers

9/27/2025 to 12/27/2025
ReturnCorrelation
VRME-28.4% 
Market (SPY)4.3%42.2%
Sector (XLI)3.0%33.9%

Fundamental Drivers

The -12.6% change in VRME stock from 6/28/2025 to 12/27/2025 was primarily driven by a -5.4% change in the company's Total Revenues ($ Mil).
628202512272025Change
Stock Price ($)0.750.66-12.56%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)22.9021.67-5.39%
P/S Multiple0.400.38-4.65%
Shares Outstanding (Mil)12.2912.68-3.17%
Cumulative Contribution-12.65%

LTM = Last Twelve Months as of date shown

Market Drivers

6/28/2025 to 12/27/2025
ReturnCorrelation
VRME-12.6% 
Market (SPY)12.6%10.4%
Sector (XLI)7.5%13.2%

Fundamental Drivers

The -11.8% change in VRME stock from 12/27/2024 to 12/27/2025 was primarily driven by a -19.6% change in the company's Shares Outstanding (Mil).
1227202412272025Change
Stock Price ($)0.740.66-11.81%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)25.2621.67-14.21%
P/S Multiple0.310.3822.96%
Shares Outstanding (Mil)10.6012.68-19.60%
Cumulative Contribution-15.20%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2024 to 12/27/2025
ReturnCorrelation
VRME-11.8% 
Market (SPY)17.0%9.2%
Sector (XLI)19.2%10.3%

Fundamental Drivers

The -38.7% change in VRME stock from 12/28/2022 to 12/27/2025 was primarily driven by a -59.4% change in the company's P/S Multiple.
1228202212272025Change
Stock Price ($)1.070.66-38.71%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)10.1321.67113.95%
P/S Multiple0.940.38-59.38%
Shares Outstanding (Mil)8.9412.68-41.80%
Cumulative Contribution-49.42%

LTM = Last Twelve Months as of date shown

Market Drivers

12/28/2023 to 12/27/2025
ReturnCorrelation
VRME-40.3% 
Market (SPY)48.0%9.2%
Sector (XLI)41.2%9.3%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
VRME Return3%-12%-63%-3%21%-52%-81%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
VRME Win Rate42%33%25%33%50%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
VRME Max Drawdown-27%-12%-67%-15%-47%-57% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventVRMES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-84.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven528.3%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-66.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven194.1%51.3%
2020 Covid PandemicTime to BreakevenTime to BreakevenNot Fully Recovered days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-84.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven542.0%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

VerifyMe's stock fell -84.1% during the 2022 Inflation Shock from a high on 2/9/2021. A -84.1% loss requires a 528.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About VerifyMe (VRME)

VerifyMe, Inc., a technology solutions provider, provides products to connect brands with consumers in the United States. The company offers VerifyMe Engage services that provides the ability for the brand owner to gather business intelligence and engage with the consumer using authentication test as the initial contact with the consumer. It also offers VerifyMe Authenticate services that provide an assortment of tools through its patented products comprising VerifyInk, a patented invisible ink; VerifyAuthenticator technology, a device used with a smartphone and the VerifyMe app to authenticate and decode VerifyInk codes; VerifyLabel, a tamper proof labels; and VerifyChecker, a handheld device that is tuned to authenticate the unique frequency of VerifyInk invisible ink. In addition, the company provides VerifyMe Track & Trace, a supply chain serialization, track and trace technology utilizing overt dynamic codes, such as VerifyCode, which is tied to cloud-based authentication and track and trace system. Further, it offers VerifyMe Online that includes technologies and services that enable customers to tackle counterfeit websites, domains and e-commerce platforms, and social media sites offering or promoting counterfeit products. VerifyMe, Inc. has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Rochester, New York.

AI Analysis | Feedback

Here are 1-2 brief analogies to describe VerifyMe (VRME):

  • A specialized Avery Dennison (AVY) focused on brand protection and anti-counterfeiting technologies.
  • The cybersecurity equivalent for physical products, like a CrowdStrike (CRWD) for tangible goods.

AI Analysis | Feedback

  • Authentication and Anti-Counterfeiting Solutions: Provides technologies like unique identifiers, holograms, and security labels to verify product authenticity and combat counterfeiting.
  • Security Inks and Materials: Offers specialized invisible and visible inks, pigments, and coatings with embedded security features for brand protection.
  • Track & Trace Software and Systems: Delivers software and systems to monitor and authenticate products throughout the entire supply chain, ensuring integrity and preventing diversion.
  • Consumer Engagement Platform: Enables brands to directly interact with consumers via authenticated products, facilitating marketing, loyalty programs, and data collection.

AI Analysis | Feedback

VerifyMe (symbol: VRME) sells primarily to other companies (B2B).

According to VerifyMe's annual report (Form 10-K) for the fiscal year ended December 31, 2023, no single customer accounted for 10% or more of their consolidated net revenue during the years ended December 31, 2023, 2022, or 2021. Therefore, VerifyMe does not have individually identified "major customers" that are publicly disclosed by name in their SEC filings.

Instead, VerifyMe serves a diversified customer base across various industries. The primary categories of companies that utilize VerifyMe's brand protection, authentication, and supply chain solutions include:

  • Pharmaceutical Companies: Seeking to protect drug integrity, ensure patient safety, and secure their supply chains against counterfeiting and diversion.
  • Luxury Goods and Apparel Brands: Aiming to safeguard their brand reputation and high-value products from counterfeiting and illicit trade, and to enhance consumer engagement.
  • Cannabis Industry Companies: Requiring solutions for product authenticity, regulatory compliance, and supply chain traceability within a highly regulated market.

AI Analysis | Feedback

  • INX International Ink Co. (Parent: Sakata INX Corp. Symbol: TYO: 4633)

AI Analysis | Feedback

Adam Stedham, Chief Executive Officer

Mr. Stedham has served as CEO of VerifyMe since June 2023. Prior to joining VerifyMe, he was the CEO of GP Strategies, a NYSE-listed company that was subsequently sold to a UK public company for approximately $400 million. His expertise includes strategic relationship management, acquisitions and divestitures, business development, and managing global operations.

Jennifer Cola, Chief Financial Officer

Ms. Cola was appointed Chief Financial Officer of VerifyMe effective July 8, 2025, having joined the company as Vice President of Finance in May 2025. Before her roles at VerifyMe, she served as CFO of GP Strategies Government Solutions, Inc., a subsidiary of GP Strategies Corp. Her background also includes serving as VP, Internal Audit & Risk for Learning Technologies Group, plc, and VP of Internal Audit for GP Strategies Corporation, bringing over 25 years of experience in public accounting and leading audit and risk management initiatives.

Scott N. Greenberg, Chairman of the Board

Mr. Greenberg serves as the Chairman of VerifyMe's Board of Directors. He previously held the position of Chairman of the Board of Directors of GP Strategies Corporation (NYSE:GPX) from August 2018 until its acquisition by Learning Technologies Group in October 2021. He also served as the Chief Executive Officer of GP Strategies from April 2005 to July 2020 and as President from 2001 to 2006.

Paul Ryan, Executive Vice President, Authentication Segment

Mr. Ryan is the Executive Vice President of the Authentication Segment. He co-founded the Trust Codes platform, which VerifyMe acquired in March 2023, and developed it into a product cloud that offers brand protection, consumer engagement, GS1 digital link, and traceability solutions. He has 30 years of experience in global software and technology businesses, including the medical records processing, payments, and traceability sectors.

Curt Kole, Executive Vice President, Precision Logistics Segment

Mr. Kole is the Executive Vice President of the Precision Logistics Segment. He brings 25 years of experience in the logistics industry, specializing in the needs of customers whose products have specific time, temperature, or other critical requirements. Prior to this role, Mr. Kole served as the Executive Vice President, Global Sales and Strategy at PeriShip Global.

AI Analysis | Feedback

The key risks to VerifyMe's business (VRME) are primarily centered around its declining revenue, persistent unprofitability, and challenges related to operational transitions and partnerships.

  1. Significant and Continuing Revenue Decline & Strategic Business Divestitures: VerifyMe has experienced substantial revenue declines, including a 23% drop in Q1 2025 and a 4.37% decrease in 2024. The company has announced plans to close its Trust Codes Global business by the end of November 2024, or sooner if a buyer is not found, which resulted in a charge in Q3 2024. Analysts are forecasting a continued revenue decrease of 19% in the next year, contrasting with an expected 17% growth for the broader industry. This trend indicates a fundamental challenge in the company's ability to generate and grow its top-line revenue.
  2. Persistent Unprofitability and Negative Profitability Outlook: VerifyMe is currently unprofitable and is not projected to achieve profitability over the next three years. This ongoing lack of profitability poses a significant threat to its financial sustainability and ability to deliver value to shareholders.
  3. Operational Transition Challenges and Reliance on Partnerships: The company anticipates continued revenue pressure in Q4 2025 and Q1 2026 due to the transition to a new shipping partner. Furthermore, VerifyMe recorded a $3.9 million noncash impairment related to its PeriShip business following the loss of its primary proactive shipping supplier. These challenges highlight operational risks associated with changing business relationships and the potential impact of partner dependencies on its services.

AI Analysis | Feedback

null

AI Analysis | Feedback

VerifyMe (VRME) operates primarily in two main market segments: Brand Protection/Authentication Solutions and Precision Logistics Solutions.

Brand Protection and Authentication Solutions

VerifyMe's brand protection and authentication solutions, which include anti-counterfeit technologies, secure printing, and track-and-trace capabilities, address a substantial global market. The global authentication and brand protection market was valued at approximately $6.79 billion in 2025 and is projected to grow to around $14.78 billion by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 9.03% during this forecast period. Another estimate indicates the global market for Authentication and Brand Protection reached $6.36 billion in 2022 and is expected to reach $12.79 billion by 2030, growing at a CAGR of 9.33% from 2023 to 2030. Within this broader market, the global anti-counterfeit packaging market, a key area for VerifyMe's offerings, was estimated at $177.92 billion in 2024 and is projected to reach $345.93 billion by 2030, with a CAGR of 11.7% from 2025 to 2030.

Precision Logistics Solutions

VerifyMe's Precision Logistics segment, primarily through its PeriShip Global subsidiary, focuses on the delivery of time and temperature-sensitive perishable products. This falls under the larger umbrella of the global temperature-controlled logistics (TCL) market. The global TCL market was valued at approximately $315.22 billion in 2024 and is projected to reach $626.50 billion by 2034, with a CAGR of 7.11% from 2025 to 2034. Other reports indicate the global temperature-controlled logistics solution market is projected to reach $323.79 billion in 2025, growing at an 11.0% CAGR from 2019 to 2033. Furthermore, the global cold chain logistics market, which is closely related, was valued at $436.30 billion in 2025 and is predicted to grow to approximately $1,359.78 billion by 2034, expanding at a CAGR of 13.46% from 2025 to 2034.

AI Analysis | Feedback

VerifyMe (VRME) is strategically focusing on several key drivers to fuel its future revenue growth over the next two to three years, primarily by emphasizing its Precision Logistics segment and optimizing its operational approach.

  1. Expansion and Growth of Precision Logistics "Proactive Services": VerifyMe is directing increased sales investment into its Precision Logistics segment, particularly its "Proactive services," which have demonstrated organic growth. The company views these services as a significant opportunity for both organic growth and cash flow generation. This focus includes expanding its customer base within this segment.
  2. Deepening Integration and Partnerships within Precision Logistics: A key initiative for accelerating organic growth involves enhancing technology to improve efficiencies and better integrate with the e-commerce marketplace. Additionally, VerifyMe aims to deepen its integration with major freight carriers, beyond its historical single-carrier strategy, to expand its go-to-market strategy and reach. The company has already established relationships with the two freight carriers that handle the majority of non-U.S. Postal Service parcel shipments in the United States.
  3. Strategic Adjustments and Investment Reallocation: VerifyMe has explicitly discontinued the underperforming "codes portion" of its Authentication segment and is redirecting investment from this area into its Precision Logistics segment, ink, or other strategic growth options. This strategic shift is intended to maximize investment in areas with the best opportunity for meaningful shareholder value and to improve overall company growth by ceasing investment in initiatives that did not yield desired returns.
  4. Targeted Business Development and Marketing for Organic Growth: The company's strategy for meaningful organic revenue growth in 2026 includes a refined business development and marketing approach. This indicates an expected increase in customer acquisition and market penetration through more effective outreach and promotional activities.

AI Analysis | Feedback

Share Repurchases

  • VerifyMe extended its share repurchase plan through December 31, 2025, authorizing repurchases of up to $500,000 of common stock.
  • The share repurchase program is funded by operational cash flow.
  • During the second quarter of 2025, the company purchased 201,000 shares of its stock at a cost of $153,000. As of Q2 2025, $330,000 remained under the program.

Share Issuance

  • In January 2025, VerifyMe raised approximately $4.7 million in gross proceeds from the immediate exercise of 1,461,896 outstanding warrants at $3.215 per share.
  • As part of the January 2025 agreement, the company issued new unregistered warrants to purchase an additional 1,461,896 shares at an exercise price of $4.00 per share, which are immediately exercisable and expire after five and a half years.
  • In June 2020, VerifyMe completed a public offering of 2,173,913 units at $4.60 per unit, generating gross proceeds of $10.0 million, with each unit consisting of one share of common stock and one warrant. This offering was concurrent with a 50-to-1 reverse stock split.

Capital Expenditures

  • For the last 12 months leading up to approximately Q3 2025, VerifyMe reported capital expenditures of -$8,000.

Better Bets than VerifyMe (VRME)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select ideas related to VRME. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CNM_11212025_Dip_Buyer_FCFYield11212025CNMCore & MainDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
18.3%18.3%-1.6%
VRRM_11212025_Dip_Buyer_FCFYield11212025VRRMVerra MobilityDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.5%5.5%-1.2%
LII_11212025_Dip_Buyer_ValueBuy11212025LIILennox InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
7.1%7.1%0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ADPAutomatic Data ProcessingMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
2.9%2.9%-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%11212025CWCurtiss-WrightQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
5.7%5.7%-0.4%

Recent Active Movers

More From Trefis

Peer Comparisons for VerifyMe

Peers to compare with:

Financials

VRMEHPQHPEIBMCSCOAAPLMedian
NameVerifyMe HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price0.6623.2624.49305.0978.16273.4051.32
Mkt Cap0.021.932.6284.9309.24,074.4158.8
Rev LTM2255,29534,29665,40257,696408,62556,496
Op Inc LTM-13,6241,64411,54412,991130,2147,584
FCF LTM02,80062711,85412,73396,1847,327
FCF 3Y Avg-02,9781,40011,75313,879100,5037,366
CFO LTM13,6972,91913,48313,744108,5658,590
CFO 3Y Avg13,6723,89613,49814,736111,5598,697

Growth & Margins

VRMEHPQHPEIBMCSCOAAPLMedian
NameVerifyMe HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM-14.2%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg47.2%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q-7.4%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM-1.8%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM-3.6%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg-7.6%7.4%7.2%16.4%24.2%30.8%11.9%
QoQ Delta Op Mgn LTM4.6%-0.2%-1.4%0.6%0.4%0.1%0.2%
CFO/Rev LTM5.2%6.7%8.5%20.6%23.8%26.6%14.6%
CFO/Rev 3Y Avg2.6%6.8%12.7%21.4%26.1%28.4%17.1%
FCF/Rev LTM1.8%5.1%1.8%18.1%22.1%23.5%11.6%
FCF/Rev 3Y Avg-0.1%5.5%4.6%18.6%24.6%25.6%12.1%

Valuation

VRMEHPQHPEIBMCSCOAAPLMedian
NameVerifyMe HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap0.021.932.6284.9309.24,074.4158.8
P/S0.40.41.04.45.410.02.7
P/EBIT-3.56.819.925.122.531.321.2
P/E-1.88.6572.736.029.941.033.0
P/CFO7.55.911.221.122.537.516.2
Total Yield-56.4%14.1%2.3%5.0%5.4%2.8%3.9%
Dividend Yield0.0%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg-1.0%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.10.50.70.20.10.00.2
Net D/E-0.40.30.60.20.00.00.1

Returns

VRMEHPQHPEIBMCSCOAAPLMedian
NameVerifyMe HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn-11.8%-1.8%14.4%0.6%2.7%-1.5%-0.4%
3M Rtn-28.4%-11.9%2.7%7.9%17.0%7.1%4.9%
6M Rtn-12.6%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn-11.8%-27.0%16.2%40.5%34.5%7.5%11.8%
3Y Rtn-38.7%-1.9%71.1%143.1%81.3%120.2%76.2%
1M Excs Rtn-11.5%-5.6%12.9%-2.2%-0.0%-3.7%-3.0%
3M Excs Rtn-32.7%-16.2%-1.7%3.6%12.7%2.8%0.6%
6M Excs Rtn-24.8%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn-13.5%-42.9%-0.7%25.0%19.9%-8.4%-4.6%
3Y Excs Rtn-124.3%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Assets by Segment
$ Mil2024
Single segment1
Total1


Price Behavior

Price Behavior
Market Price$0.66 
Market Cap ($ Bil)0.0 
First Trading Date03/16/2018 
Distance from 52W High-84.7% 
   50 Days200 Days
DMA Price$0.84$0.82
DMA Trenddowndown
Distance from DMA-21.7%-19.6%
 3M1YR
Volatility92.3%189.4%
Downside Capture461.9221.61
Upside Capture213.105.63
Correlation (SPY)41.0%9.4%
VRME Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta2.933.613.481.520.800.83
Up Beta4.245.073.011.411.101.31
Down Beta3.270.991.433.231.850.96
Up Capture27%376%399%110%-4%11%
Bmk +ve Days13263974142427
Stock +ve Days8172350107330
Down Capture358%398%394%147%-5%88%
Bmk -ve Days7162452107323
Stock -ve Days12243974138388

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of VRME With Other Asset Classes (Last 1Y)
 VRMESector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return4.2%19.3%17.8%72.1%8.6%4.4%-8.2%
Annualized Volatility189.4%18.8%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio0.740.800.722.700.340.09-0.08
Correlation With Other Assets 10.4%9.3%8.0%12.9%1.8%8.1%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of VRME With Other Asset Classes (Last 5Y)
 VRMESector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-28.0%13.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility109.4%17.2%17.1%15.5%18.7%18.9%48.6%
Sharpe Ratio0.140.650.700.970.500.160.57
Correlation With Other Assets 11.5%13.0%4.2%7.0%10.1%9.1%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of VRME With Other Asset Classes (Last 10Y)
 VRMESector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-31.1%13.5%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility123.4%19.9%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.170.600.710.860.320.220.90
Correlation With Other Assets 11.7%12.8%-0.2%6.6%10.6%6.2%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity326,232
Short Interest: % Change Since 1130202588.6%
Average Daily Volume665,792
Days-to-Cover Short Interest1
Basic Shares Quantity12,682,423
Short % of Basic Shares2.6%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/17/20253.0%-16.5%-11.9%
8/13/202510.4%5.4%1.8%
3/6/2025-18.3%-19.4%-32.6%
11/12/2024-15.2%-21.4%-48.5%
8/13/20247.6%9.5%25.7%
3/21/2024-0.4%8.7%14.0%
11/8/20233.0%8.1%2.0%
8/10/2023-5.7%-6.6%-5.7%
...
SUMMARY STATS   
# Positive997
# Negative8810
Median Positive3.0%8.1%3.7%
Median Negative-3.9%-13.7%-11.4%
Max Positive10.4%28.8%25.7%
Max Negative-18.3%-25.0%-48.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
93020251114202510-Q 9/30/2025
6302025813202510-Q 6/30/2025
3312025513202510-Q 3/31/2025
12312024312202510-K 12/31/2024
93020241112202410-Q 9/30/2024
6302024813202410-Q 6/30/2024
3312024514202410-Q 3/31/2024
12312023329202410-K 12/31/2023
93020231108202310-Q 9/30/2023
6302023810202310-Q 6/30/2023
3312023511202310-Q 3/31/2023
12312022328202310-K 12/31/2022
93020221110202210-Q 9/30/2022
6302022815202210-Q 6/30/2022
3312022511202210-Q 3/31/2022
12312021314202210-K 12/31/2021