VerifyMe Q1 revenue down 22% to $4.5M, net loss flat at $0.6M

VerifyMe, Inc.

2025-Q1 EPS reported -$0.05 vs consensus -$0.07 ▲ beat (+30.0%)

Revenue of $4.5M vs $5.8M YoY; ~53% of decline from lost Premium services customer ($0.7M).
Gross profit $1.5M (33% margin) vs $2.3M (39%) in Q1 2024.
Net loss of $0.6M ($0.05/diluted share), unchanged from prior year.
Adjusted EBITDA $0M vs $0.1M in Q1 2024; cash $5.7M at quarter end.
CEO cites macro headwinds but highlights cash position and annual operating cash flow.

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