Cash Flow And CapitalVRME ended 1Q25 with $5.7M cash and minimal debt, and given projections for positive cash flow, additional capital is not expected to be required to drive existing operations, excluding potential acquisitions.
Customer GrowthThe number of new customers in the Precision Logistics segment was up approximately 6% year-over-year.
Debt ManagementVRME substantially reduced its debt obligations recently, and entered an ATM offering agreement to enable the company greater flexibility to pursue new potential strategic growth opportunities.