VerifyMe
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. VerifyMe's past years’ income statements indicate that its last revenue has increased compared to the previous period by 29% to $25,313,000. The net income raised on -$3,390,000 and profit margin reached -13%. Total operating expenses were $11,932,000.
Profit Margin
| 2014 | 124.59K | -7.91M | -6355.23% |
|---|---|---|---|
| 2015 | 217.26K | -2.30M | -1059.47% |
| 2016 | 37.05K | -1.64M | -4442.73% |
| 2017 | 0 | -3.38M | |
| 2018 | 74.88K | -2.93M | -3916.01% |
| 2019 | 244.74K | -2.58M | -1055.38% |
| 2020 | 343K | -7.95M | -2319.24% |
| 2021 | 867K | 12.17M | 1403.92% |
| 2022 | 19.57M | -14.48M | -74% |
| 2023 | 25.31M | -3.39M | -13.39% |
VRMEW Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 25.31M | 19.57M | 867K | 343K | 244.74K | 74.88K | 0 | 37.05K | 217.26K | 124.59K |
Cost of revenue | 16.31M | 13.08M | 268K | 62K | 45.05K | 28.80K | 43.09K | 24.36K | 65.72K | 113.02K |
Gross profit | 9.00M | 6.48M | 599K | 281K | 199.68K | 46.08K | -43.09K | 12.69K | 151.54K | 11.57K |
Operating exp. | ||||||||||
Research and development | 107K | 89K | 51K | 19K | 5.11K | 187.65K | 128.04K | 250.18K | 2.41M | 10.59M |
Selling and marketing | 1.63M | 1.71M | 1.16M | 651K | 553.10K | 135.29K | 3.8K | 282.86K | 197.43K | 218.44K |
Total operating expenses | 11.93M | 10.23M | 5.43M | 3.84M | 2.63M | 2.64M | 2.83M | 3.74M | 5.39M | 13.57M |
Operating income | -2.92M | 6.07M | -13.38M | -3.56M | -2.43M | -2.59M | -2.83M | -3.73M | -5.24M | -13.56M |
Other income (expenses), net | -461.00K | -20.47M | 17.00M | -2.33M | -75.22K | -343.32K | -549.83K | 2.10M | 2.94M | 5.64M |
Income before tax | -3.39M | -14.39M | 3.61M | -5.90M | -2.50M | -2.93M | -3.38M | -1.64M | -2.30M | -7.91M |
Income tax expense | 0 | 88K | -8.56M | 2.05M | 75.22K | -329.99K | -113.20K | 12.87K | 61.43K | 199.36K |
Net income | -3.39M | -14.48M | 12.17M | -7.95M | -2.58M | -2.93M | -3.38M | -1.64M | -2.30M | -7.91M |
Earnings per share | ||||||||||
Basic EPS | -0.35 | -1.71 | 1.71 | -2 | -1.2 | -1.43 | -3.16 | -9.88 | -19.26 | -111 |
Diluted EPS | -0.35 | -1.71 | 1.65 | -2 | -1.2 | -1.43 | -3.16 | -9.88 | -19.26 | -109.41 |
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