VerifyMe Gross Profit from 2010 to 2025

VRME Stock  USD 0.93  0.06  6.93%   
VerifyMe's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 10.9 M this year. Gross Profit is the profit VerifyMe makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2002-03-31
Previous Quarter
2.1 M
Current Value
1.9 M
Quarterly Volatility
712.6 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VerifyMe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VerifyMe's main balance sheet or income statement drivers, such as Interest Expense of 175.9 K, Selling General Administrative of 12 M or Research Development of 116.9 K, as well as many indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 39.03 or PTB Ratio of 1.05. VerifyMe financial statements analysis is a perfect complement when working with VerifyMe Valuation or Volatility modules.
  
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.

Latest VerifyMe's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of VerifyMe over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. VerifyMe's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VerifyMe's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.1 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

VerifyMe Gross Profit Regression Statistics

Arithmetic Mean2,377,994
Geometric Mean0.00
Coefficient Of Variation174.59
Mean Deviation3,400,450
Median151,545
Standard Deviation4,151,699
Sample Variance17.2T
Range10.9M
R-Value0.78
Mean Square Error7.4T
R-Squared0.60
Significance0.0004
Slope676,542
Total Sum of Squares258.5T

VerifyMe Gross Profit History

202510.9 M
202410.4 M
2023M
20226.5 M
2021599 K
2020281 K
2019199.7 K

Other Fundumenentals of VerifyMe

VerifyMe Gross Profit component correlations

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0.91-0.720.88-0.56-0.70.20.670.020.920.680.720.360.360.830.830.940.86-0.9
-0.49-0.72-0.460.350.470.1-0.40.39-0.5-0.42-0.37-0.13-0.14-0.66-0.4-0.52-0.50.54
0.920.88-0.46-0.47-0.730.460.750.320.960.760.830.510.310.670.930.920.85-0.95
-0.35-0.560.35-0.470.40.30.110.38-0.570.12-0.02-0.30.11-0.78-0.4-0.47-0.820.54
-0.72-0.70.47-0.730.4-0.4-0.63-0.22-0.75-0.62-0.7-0.270.23-0.79-0.65-0.72-0.640.73
0.530.20.10.460.3-0.40.720.880.410.70.690.510.14-0.010.480.460.14-0.43
0.850.67-0.40.750.11-0.630.720.60.740.990.970.370.360.310.750.770.41-0.74
0.420.020.390.320.38-0.220.880.60.290.60.610.360.1-0.230.390.330.01-0.3
0.950.92-0.50.96-0.57-0.750.410.740.290.730.810.50.290.750.920.970.91-0.99
0.860.68-0.420.760.12-0.620.70.990.60.730.980.370.340.310.760.780.41-0.74
0.910.72-0.370.83-0.02-0.70.690.970.610.810.980.420.30.40.860.840.52-0.81
0.470.36-0.130.51-0.3-0.270.510.370.360.50.370.420.260.220.580.480.47-0.53
0.370.36-0.140.310.110.230.140.360.10.290.340.30.26-0.080.370.370.21-0.31
0.660.83-0.660.67-0.78-0.79-0.010.31-0.230.750.310.40.22-0.080.580.740.85-0.72
0.910.83-0.40.93-0.4-0.650.480.750.390.920.760.860.580.370.580.90.8-0.93
0.990.94-0.520.92-0.47-0.720.460.770.330.970.780.840.480.370.740.90.86-0.95
0.790.86-0.50.85-0.82-0.640.140.410.010.910.410.520.470.210.850.80.86-0.9
-0.94-0.90.54-0.950.540.73-0.43-0.74-0.3-0.99-0.74-0.81-0.53-0.31-0.72-0.93-0.95-0.9
Click cells to compare fundamentals

About VerifyMe Financial Statements

VerifyMe stakeholders use historical fundamental indicators, such as VerifyMe's Gross Profit, to determine how well the company is positioned to perform in the future. Although VerifyMe investors may analyze each financial statement separately, they are all interrelated. For example, changes in VerifyMe's assets and liabilities are reflected in the revenues and expenses on VerifyMe's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in VerifyMe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit10.4 M10.9 M
Gross Profit Margin 0.41  0.63 

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When determining whether VerifyMe is a strong investment it is important to analyze VerifyMe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VerifyMe's future performance. For an informed investment choice regarding VerifyMe Stock, refer to the following important reports:
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VerifyMe. If investors know VerifyMe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VerifyMe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
(0.32)
Revenue Per Share
2.477
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.06)
The market value of VerifyMe is measured differently than its book value, which is the value of VerifyMe that is recorded on the company's balance sheet. Investors also form their own opinion of VerifyMe's value that differs from its market value or its book value, called intrinsic value, which is VerifyMe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VerifyMe's market value can be influenced by many factors that don't directly affect VerifyMe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VerifyMe's value and its price as these two are different measures arrived at by different means. Investors typically determine if VerifyMe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VerifyMe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.