VerifyMe Historical Income Statement
| VRME Stock | USD 0.80 0.07 8.05% |
Historical analysis of VerifyMe income statement accounts such as Interest Expense of 123.5 K, Selling General Administrative of 3.2 M, Research Development of 66.5 K or Depreciation And Amortization of 1.3 M can show how well VerifyMe performed in making a profits. Evaluating VerifyMe income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VerifyMe's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining VerifyMe latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VerifyMe is a good buy for the upcoming year.
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About VerifyMe Income Statement Analysis
VerifyMe Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to VerifyMe shareholders. The income statement also shows VerifyMe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
VerifyMe Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VerifyMe. It is also known as VerifyMe overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from VerifyMe operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of VerifyMe is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from VerifyMe's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VerifyMe current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VerifyMe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.At present, VerifyMe's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 9.1 M, whereas Selling General Administrative is forecasted to decline to about 3.2 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 770K | 1.1M | 1.2M | 1.3M | Research Development | 89K | 107K | 70K | 66.5K |
VerifyMe income statement Correlations
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VerifyMe Account Relationship Matchups
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VerifyMe income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 2.1M | 2K | 88K | 161K | 130K | 123.5K | |
| Selling General Administrative | 3.2M | 4.2M | 8.4M | 10.0M | 3.9M | 3.2M | |
| Research Development | 19K | 51K | 89K | 107K | 70K | 66.5K | |
| Depreciation And Amortization | 98K | 117K | 770K | 1.1M | 1.2M | 1.3M | |
| Total Revenue | 343K | 867K | 19.6M | 25.3M | 24.2M | 25.4M | |
| Gross Profit | 281K | 599K | 6.5M | 9.0M | 8.7M | 9.1M | |
| Other Operating Expenses | 3.9M | 5.7M | 23.3M | 28.2M | 28.6M | 30.0M | |
| Operating Income | (3.6M) | (13.4M) | 6.1M | (2.9M) | (4.4M) | (4.6M) | |
| Ebit | (3.5M) | (4.8M) | (14.3M) | (2.9M) | (2.1M) | (2.2M) | |
| Ebitda | (3.4M) | (4.7M) | (13.5M) | (1.8M) | (863K) | (906.2K) | |
| Cost Of Revenue | 62K | 268K | 13.1M | 16.3M | 15.5M | 16.3M | |
| Total Operating Expenses | 3.8M | 5.4M | 10.2M | 11.9M | 13.1M | 13.7M | |
| Income Before Tax | (5.9M) | 3.6M | (14.4M) | (3.4M) | (3.8M) | (4.0M) | |
| Total Other Income Expense Net | (2.3M) | 8.4M | (25.6M) | (461.0K) | 566K | 594.3K | |
| Net Income | (8.0M) | 12.2M | (14.5M) | (3.4M) | (3.8M) | (4.0M) | |
| Income Tax Expense | 2.1M | (8.6M) | 88K | (1.0) | (3.8M) | (3.6M) | |
| Selling And Marketing Expenses | 651K | 1.2M | 1.7M | 1.6M | 1.4M | 695.0K | |
| Net Income From Continuing Ops | (5.9M) | 3.6M | (14.4M) | (3.3M) | (3.8M) | (4.0M) | |
| Net Income Applicable To Common Shares | (2.5M) | (5.9M) | 3.6M | (14.4M) | (13.0M) | (12.3M) | |
| Net Interest Income | (2.1M) | 2K | (88K) | (161K) | (130K) | (136.5K) | |
| Reconciled Depreciation | 98K | 117K | 770K | 1.1M | 1.2M | 1.3M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VerifyMe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 (0.37) | Revenue Per Share | Quarterly Revenue Growth (0.12) | Return On Assets |
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.