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VerifyMe (VerifyMe) Operating Margin % : -11.23% (As of Mar. 2024)


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What is VerifyMe Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. VerifyMe's Operating Income for the three months ended in Mar. 2024 was $-0.65 Mil. VerifyMe's Revenue for the three months ended in Mar. 2024 was $5.76 Mil. Therefore, VerifyMe's Operating Margin % for the quarter that ended in Mar. 2024 was -11.23%.

Good Sign:

VerifyMe Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for VerifyMe's Operating Margin % or its related term are showing as below:

VRME' s Operating Margin % Range Over the Past 10 Years
Min: -10852   Med: -1040.23   Max: -9.72
Current: -9.72


VRME's Operating Margin % is ranked worse than
86.86% of 1058 companies
in the Business Services industry
Industry Median: 6.105 vs VRME: -9.72

VerifyMe's 5-Year Average Operating Margin % Growth Rate was 68.40% per year.

VerifyMe's Operating Income for the three months ended in Mar. 2024 was $-0.65 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.47 Mil.

Warning Sign:

VerifyMe Inc had lost money in 83% of the time over the past 12quarters.


VerifyMe Operating Margin % Historical Data

The historical data trend for VerifyMe's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VerifyMe Operating Margin % Chart

VerifyMe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -992.65 -1,040.23 -557.21 -19.14 -13.15

VerifyMe Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.57 -19.46 -15.26 0.79 -11.23

Competitive Comparison of VerifyMe's Operating Margin %

For the Security & Protection Services subindustry, VerifyMe's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VerifyMe's Operating Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VerifyMe's Operating Margin % distribution charts can be found below:

* The bar in red indicates where VerifyMe's Operating Margin % falls into.



VerifyMe Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

VerifyMe's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-3.328 / 25.313
=-13.15 %

VerifyMe's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0.647 / 5.759
=-11.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VerifyMe  (NAS:VRME) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


VerifyMe Operating Margin % Related Terms

Thank you for viewing the detailed overview of VerifyMe's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


VerifyMe (VerifyMe) Business Description

Traded in Other Exchanges
Address
801 International Parkway, Fifth Floor, Lake Mary, FL, USA, 32746
VerifyMe Inc is a technology solutions company based in the United States. It markets a broad patent portfolio that includes patents in the field of authenticating products, people, and financial transactions. In the areas of authentication and serialization of physical goods, the company offers clients the following products as anti-counterfeit systems: RainbowSecure, VeriPAS supply chain serialization, track, and trace technology; VeriPAS Smartphone Authenticator; VerifyMe Beeper; VerifyMe Web. The company serves a diverse set of markets including pharmaceutical companies, high-end retailers, the gaming industry, and governments worldwide.
Executives
Adam H Stedham director GP STRATEGIES CORPORATION, 11000 BROKEN LAND PARKWAY, SUITE 200, COLUMBIA MD 21044
Marshall S Geller director 10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Scott N Greenberg director 9 WEST 57 STREET, SUITE 4170, NEW YORK NY 10019
Paul Joseph Ryan officer: EVP, Authentication C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
David Bruce Edmonds director C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
Howard Goldberg director
Curt Harris Kole officer: EVP-Sales, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Jack Wang officer: CIO, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Fred Iii Volk officer: VP-Ops, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Nancy L. Meyers officer: Senior VP, Finance & IR C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Margaret Gezerlis officer: Chief Financial Officer C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Keith Goldstein officer: Acting Chief Operating Officer C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Christopher P Gardner director C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Sandy Fliderman officer: Chief Technology Officer 3330 NORTHEAST 190TH STREET, APT 1815, AVENTURA FL 33180