VerifyMe Historical Income Statement
| VRMEW Stock | USD 0.06 0.00 0.000004% |
Historical analysis of VerifyMe income statement accounts such as Depreciation And Amortization of 1.3 M, Total Revenue of 25.4 M, Gross Profit of 9.1 M or Other Operating Expenses of 30 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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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts VerifyMe generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on VerifyMe income statement and is an important metric when analyzing VerifyMe profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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 income. For more information on how to buy VerifyMe Stock please use our How to Invest in VerifyMe guide.At this time, VerifyMe's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to climb to about 25.4 M in 2025, whereas EBIT is likely to drop (2.2 M) in 2025.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Revenue | 19.6M | 25.3M | 24.2M | 25.4M | Depreciation And Amortization | 770K | 1.1M | 1.2M | 1.3M |
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) | ||
| 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) | |
| Research Development | 19K | 51K | 89K | 107K | 70K | 66.5K | |
| Ebitda | (3.4M) | (4.7M) | (13.5M) | (1.8M) | (863K) | (906.2K) | |
| 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) | |
| Interest Expense | 2.1M | 2K | 88K | 161K | 130K | 123.5K | |
| Selling General Administrative | 3.2M | 4.2M | 8.4M | 10.0M | 3.9M | 3.8M | |
| Selling And Marketing Expenses | 651K | 1.2M | 1.7M | 1.6M | 1.4M | 695.0K | |
| Cost Of Revenue | 62K | 268K | 13.1M | 16.3M | 15.5M | 16.3M | |
| Net Interest Income | (2.1M) | 2K | (88K) | (161K) | (130K) | (136.5K) | |
| Net Income From Continuing Ops | (5.9M) | 3.6M | (14.4M) | (3.3M) | (3.8M) | (4.0M) | |
| Reconciled Depreciation | 98K | 117K | 770K | 1.1M | 1.2M | 1.3M |
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Additional Tools for VerifyMe Stock Analysis
When running VerifyMe's price analysis, check to measure VerifyMe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VerifyMe is operating at the current time. Most of VerifyMe's value examination focuses on studying past and present price action to predict the probability of VerifyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VerifyMe's price. Additionally, you may evaluate how the addition of VerifyMe to your portfolios can decrease your overall portfolio volatility.