VerifyMe Historical Income Statement
| VRME Stock | USD 0.73 0.01 1.39% |
Historical analysis of VerifyMe income statement accounts such as Interest Expense of 214.7 K, Selling General Administrative of 2.9 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.
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. 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.Cost Of Revenue
Cost of Revenue is found on VerifyMe income statement and represents the costs associated with goods and services VerifyMe provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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. At present, VerifyMe's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 25.4 M, whereas Research Development is forecasted to decline to about 66.5 K.
| 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 | 214.7K | |
| Selling General Administrative | 3.2M | 4.2M | 8.4M | 4.4M | 3.9M | 2.9M | |
| 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 | 22.7M | 28.2M | 28.6M | 30.0M | |
| Operating Income | (3.6M) | (4.8M) | (3.7M) | (2.9M) | (2.1M) | (2.2M) | |
| Ebit | (3.6M) | (4.8M) | (14.3M) | (2.9M) | (2.1M) | (2.2M) | |
| Ebitda | (3.5M) | (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 | 10.7M | 11.3M | |
| Income Before Tax | (5.9M) | 3.6M | (14.4M) | (3.4M) | (3.8M) | (4.0M) | |
| Total Other Income Expense Net | (2.3M) | 8.4M | (10.7M) | (461K) | (1.7M) | (1.7M) | |
| Net Income | (5.9M) | 3.6M | (14.4M) | (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 | 681.4K | |
| 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in VerifyMe Stock
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).