VerifyMe ( (VRME) ) has released its Q2 earnings. Here is a breakdown of the information VerifyMe presented to its investors.
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VerifyMe, Inc., a company specializing in logistics for time and temperature-sensitive products and brand protection solutions, has released its financial results for the second quarter of 2025. The company operates primarily in the logistics and brand protection industry, offering unique solutions to enhance brand security and logistics efficiency.
In the second quarter of 2025, VerifyMe reported a decrease in revenue to $4.5 million from $5.4 million in the same period of 2024. Despite the decline in revenue, the company saw an improvement in its adjusted EBITDA, which rose to $0.3 million from $0.2 million in the previous year. The company also noted a positive cash flow from operations, with $0.7 million generated in Q2 2025.
Key financial metrics for the quarter included a gross profit of $1.6 million, representing a 35% margin, and a net loss of $0.29 million, which was an improvement from the $0.34 million loss in Q2 2024. The revenue decline was primarily attributed to the loss of a major contract in its Premium services segment. However, the company managed to offset some of the revenue loss through increased sales in its Precision Logistics segment.
Looking forward, VerifyMe’s management remains optimistic about the future, focusing on strategic acquisitions and organic growth to enhance its service offerings. The company aims to achieve higher margins and continued cash generation in the upcoming year, setting the stage for potential revenue growth in 2026.