The earnings call highlighted the company's efforts to improve gross margins and reduce operating expenses, resulting in an improved adjusted EBITDA. However, the overall sentiment is overshadowed by revenue declines, a significant one-time impairment expense, and challenges associated with transitioning to a new shipping partner.
Company Guidance
During the VerifyMe Third Quarter 2025 earnings call, guidance highlighted several key metrics. The company's revenue for Q3 2025 was $5.0 million, down from $5.4 million in Q3 2024, primarily due to $0.8 million in discontinued services. However, gross profit improved by $0.2 million, reaching $2.1 million, with the gross margin increasing to 41% from 35% in the previous year, thanks to better-negotiated supplier rates. Despite a one-time non-cash impairment expense of $3.9 million, the company saw operating expenses decrease to $1.7 million from $2.5 million in Q3 2024, partly due to the divestiture of Trust Codes. Adjusted EBITDA rose to $0.8 million, up from $0.2 million in the prior year. The company anticipates a transitional revenue impact due to changes in their Proactive shipping partner but expects to remain cash flow positive through 2025 and 2026. They have a cash balance of $4.0 million and no outstanding bank debt, positioning them well for organic and strategic growth. The company plans to provide specific guidance for 2026 in the next earnings call.
Improved Gross Margin
Gross margin increased from 35% in Q3 2024 to 41% in Q3 2025, reflecting improved negotiated rates with a primary supplier.
Adjusted EBITDA Improvement
Adjusted EBITDA improved to $0.8 million in Q3 2025 compared to $0.2 million in Q3 2024 due to improved gross margins and reduced operating expenses.
Cash Flow Positive Outlook
The company expects to remain cash flow positive for the full year of 2025, with no outstanding borrowings and $1 million available under its line of credit.
VerifyMe (VRME) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VRME Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 17, 2025
$0.80
$0.82
+2.50%
Aug 13, 2025
$0.84
$0.93
+10.71%
May 13, 2025
$0.82
$0.71
-13.41%
Mar 06, 2025
$0.96
$0.78
-18.75%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does VerifyMe (VRME) report earnings?
VerifyMe (VRME) is schdueled to report earning on Mar 16, 2026, TBA (Confirmed).
What is VerifyMe (VRME) earnings time?
VerifyMe (VRME) earnings time is at Mar 16, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.