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VerifyMe Inc
NASDAQ:VRME

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VerifyMe Inc
NASDAQ:VRME
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Price: 1.01 USD -4.72% Market Closed
Market Cap: $12.6m

Gross Margin

34.9%
Current
Improving
by 0.3%
vs 3-y average of 34.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
34.9%
=
Gross Profit
$7.6m
/
Revenue
$21.7m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
34.9%
=
Gross Profit
$7.6m
/
Revenue
$21.7m

Peer Comparison

Country Company Market Cap Gross
Margin
US
VerifyMe Inc
NASDAQ:VRME
12.4m USD
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JP
Keyence Corp
TSE:6861
14.9T JPY
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CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
301B CNY
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US
Keysight Technologies Inc
NYSE:KEYS
41.7B USD
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US
Teledyne Technologies Inc
NYSE:TDY
31.5B USD
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SE
Hexagon AB
STO:HEXA B
266B SEK
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CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
193.2B CNY
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UK
Halma PLC
LSE:HLMA
15B GBP
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US
Trimble Inc
NASDAQ:TRMB
15.5B USD
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TW
Chroma ATE Inc
TWSE:2360
489.3B TWD
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CN
Universal Scientific Industrial Shanghai Co Ltd
SSE:601231
89.1B CNY
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Market Distribution

In line with most companies in the United States of America
Percentile
39th
Based on 12 729 companies
39th percentile
34.9%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

VerifyMe Inc
Glance View

Market Cap
12.6m USD
Industry
Electrical Equipment

VerifyMe, Inc. engages in the provision of digital and physical solutions. The company is headquartered in Rochester, New York and currently employs 7 full-time employees. The company went IPO on 2001-06-29. The firm specializes in brand protection functions, such as counterfeit prevention, authentication, serialization, track and trace features for labels, packaging and products. The Company’s products include VerifyMe Engage, which is for consumer engagement; VerifyMe Authenticate, which is for product authentication; VerifyMe Track & Trace, which is for product supply chain control, and VerifyMe Online, which is for on-line (Web) brand monitoring. VerifyMe Engage provide the ability for the brand owner to gather business intelligence and engage with the consumer using its authentication test as the initial contact with the consumer. VerifyMe Authenticate provides an assortment of tools through its products, including VerifyInk and VerifyChecker. VerifyMe Track & Trace technology utilizes overt dynamic codes. VerifyMe Online includes brand clearance and protection leader, technologies and services.

VRME Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
34.9%
=
Gross Profit
$7.6m
/
Revenue
$21.7m
What is VerifyMe Inc's current Gross Margin?

The current Gross Margin for VerifyMe Inc is 34.9%, which is above its 3-year median of 34.6%.

How has Gross Margin changed over time?

Over the last 3 years, VerifyMe Inc’s Gross Margin has decreased from 37.9% to 34.9%. During this period, it reached a low of 31.7% on Dec 31, 2023 and a high of 38.5% on Jun 30, 2024.

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