VerifyMe's revenue for the
three
months ended in Mar. 2024 was $5.76 Mil.
Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $25.41 Mil.
VerifyMe's Revenue per Share for the
three
months ended in Mar. 2024 was $0.57.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $2.57.
Warning Sign:
VerifyMe Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of VerifyMe was -7.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 211.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 140.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, VerifyMe's highest 3-Year average Revenue per Share Growth Rate was 211.20% per year. The lowest was -72.60% per year. And the median was 11.50% per year.
VerifyMe Revenue Historical Data
The historical data trend for VerifyMe's Revenue 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.
For the Security & Protection Services subindustry, VerifyMe's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, VerifyMe's Revenue distribution charts can be found below:
* The bar in red indicates where VerifyMe's Revenue falls into.
VerifyMe Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.41 Mil.
* 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) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
VerifyMe Revenue Related Terms
Thank you for viewing the detailed overview of VerifyMe's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VRME has been successfully added to your 