Brand authentication firm VerifyMe beats Q3 revenue estimates

VerifyMe

17/11/2025 13:08

Overview

VerifyMe Q3 2025 revenue beats analyst expectations despite a year-over-year decline

Company reports net loss of $3.4 mln due to $3.9 mln in one-time adjustments

Adjusted EBITDA improved to $0.8 mln in Q3 2025 from $0.2 mln in Q3 2024

Outlook

Company aims for organic revenue growth in 2026 with higher margins

VerifyMe exploring strategic acquisitions to complement services

Result Drivers

REVENUE DECLINE - Revenue decreased due to $0.8 mln loss from discontinued Proactive services customers, partially offset by growth in Precision Logistics

GROSS MARGIN IMPROVEMENT - Gross margin rose to 41% from 35% due to decreased costs in Precision Logistics

NET LOSS INCREASE - Net loss driven by $3.9 mln goodwill and intangible asset impairments in Precision Logistics

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$5 mln
$4.70 mln (2 Analysts)
Q3 Net Income
-$3.40 mln
Q3 Adjusted EBITDA
$800,000
Q3 Gross Margin
41.00%
Q3 Gross Profit
$2.10 mln
Q3 Operating Income
-$3.40 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for VerifyMe Inc is $1.50, about 46.7% above its November 14 closing price of $0.80

Press Release: ID:nBw8CqdXQa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)