VerifyMe Inc. Reports Q2 2025 Revenue Decline to $4.5M, Net Loss Narrows to ($0.29M), EPS at ($0.02)

Reuters
08/13
<a href="https://laohu8.com/S/VRMEW">VerifyMe Inc</a>. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue Decline to $4.5M, Net Loss Narrows to ($0.29M), EPS at ($0.02)

VerifyMe Inc. has announced its financial results for the second quarter of 2025. The company's quarterly consolidated revenue was reported at $4.5 million, a decrease from $5.4 million in the same period in 2024. This decline is primarily attributed to a $0.6 million reduction due to a discontinued contract with a customer in the Premium services segment. The gross profit for Q2 2025 was $1.6 million or 35%, compared to $2.1 million or 39% in Q2 2024. VerifyMe recorded a net loss of $0.29 million in Q2 2025, showing an improvement over the net loss of $0.34 million in Q2 2024. The company's Adjusted EBITDA for the second quarter of 2025 was $0.3 million, up from $0.2 million in Q2 2024. Cash on hand as of June 30, 2025, was $6.1 million, with operations providing $0.7 million in cash during the quarter. The company's CEO, Adam Stedham, highlighted the year-to-date adjusted EBITDA growth over 2024 and emphasized their positive cash generation in Q2 2025. Additionally, VerifyMe announced a new partnership with another major parcel carrier in the US and expressed intentions to pursue strategic acquisitions to complement its services. The company is setting the stage for organic revenue growth in 2026, with expectations for a higher margin profile and continued cash generation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VerifyMe Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY50318) on August 13, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10