earnings
confidence high
sentiment neutral
materiality 0.65
VerifyMe Q4 rev $7.7M, 2024 adj EBITDA $0.9M; enters $15.8M ATM
VerifyMe, Inc.
- Q4 2024 revenue $7.7M (down 11% YoY); net loss $0.5M vs. net income <$0.1M in Q4 2023.
- FY 2024 revenue $24.2M (down 4% YoY); net loss $3.8M including $1.6M of one-time items.
- FY 2024 adjusted EBITDA $0.9M (up 125% YoY); gross profit margin improved to 36% from 32%.
- Cash $5.7M as of Feb 28, 2025; senior long-term debt fully repaid; $0.8M convertible notes remain.
- ATM with Roth Capital allows sale of up to $15.8M common stock at 3% commission.