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VerifyMe (DE:LT1B)
:LT1B
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: 0.74%
|Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture, with significant revenue decline and challenges in premium services, but also highlighted effective cost management, a strong cash position, and strategic initiatives for growth, including potential acquisitions. The company is focused on leveraging its current strengths to overcome market challenges.Company Guidance
During the first quarter of 2025, VerifyMe reported a 23% decrease in revenue compared to the same period last year, primarily due to the discontinuation of Trust Codes operations and customer in-sourcing. Premium services declined by 47%, while operating expenses were reduced by 28% from Q1 2024. Despite these challenges, the company improved the gross margin of its proactive services and ended the quarter with a cash balance of $5.7 million and no bank debt, except for $0.8 million in convertible notes held by insiders. Revenue for Q1 2025 was $4.5 million, down from $5.8 million in Q1 2024, with a gross margin of 33% compared to 39% the previous year. Operating expenses stood at $2.1 million, contributing to a net loss of $0.6 million, or $0.05 per diluted share. The company remains focused on expanding its customer base and exploring strategic acquisitions to enhance shareholder value.Operating Expense Reduction
Operating expenses were reduced by approximately 28% versus Q1 of 2024, aligning costs with revenue.
Improved Gross Margin in Precision Logistics
Improvements in gross margin percentage within the Precision Logistics segment were noted, despite overall revenue decline.
Strong Cash Position
Cash balance at the end of Q1 2025 was $5.7 million, an increase from $2.8 million at the end of 2024, with no bank debt.
Strategic Growth and Acquisition Plans
The company is focused on expanding revenues with PeriShip customers and is exploring both transformative and tuck-in acquisitions, leveraging its cash position.
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DE:LT1B Earnings History
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
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DE:LT1B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | €0.68 | €0.72 | +6.67% |
Mar 06, 2025 | €0.83 | €0.87 | +4.19% |
Nov 12, 2024 | €1.16 | €1.15 | -0.86% |
Aug 13, 2024 | €0.94 | €0.94 | 0.00% |
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.
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FAQ
When does VerifyMe (DE:LT1B) report earnings?
VerifyMe (DE:LT1B) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is VerifyMe (DE:LT1B) earnings time?
VerifyMe (DE:LT1B) earnings time is at Aug 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of VerifyMe stock?
The P/E ratio of VerifyMe is N/A.
What is DE:LT1B EPS forecast?
DE:LT1B EPS forecast for the fiscal quarter 2025 (Q2) is -0.07.
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