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VerifyMe Reports Second Quarter 2024 Financial Results
VRMEVerifyMe(VRME) Prnewswire·2024-08-13 12:00

Quarterly revenue of 5.4millioninQ22024,comparedto5.4 million in Q2 2024, compared to 5.3 million in Q2 2023 Gross Profit of 2.1millionor392.1 million or 39% in Q2 2024, compared to 1.6 million or 30% in Q2 2023, an increase of 32% Net loss of (0.3)millioninQ22024,comparedtoanetlossof(0.3) million in Q2 2024, compared to a net loss of (0.9) million in Q2 2023 Adjusted EBITDA(1) of 0.2millioninQ22024,comparedtoAdjustedEBITDAlossof(0.2 million in Q2 2024, compared to Adjusted EBITDA loss of (0.4) million in Q2 2023 __________ LAKE MARY, Fla., Aug. 13, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, ...