Verifyme Inc (VRME) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Verifyme Inc   (NASDAQ: VRME)

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Description of Verifyme Inc's Business Segments


VerifyMe Inc. is a company specializing in authentication and anti-counterfeiting solutions, predominantly focusing on helping brands protect their products and intellectual property. The company offers a diverse range of segments, products, and services aimed at mitigating risks associated with counterfeit goods, enhancing product traceability, and improving brand integrity.

Segments

1. Anti-Counterfeiting Solutions: VerifyMe operates mainly in the anti-counterfeiting segment, providing tools and technologies designed to help businesses combat product counterfeiting. This segment is vital for industries where brand reputation and consumer trust are paramount.

2. Supply Chain Security: The company also serves the supply chain security segment, focusing on ensuring product integrity throughout the distribution process. By implementing their solutions, businesses can verify the authenticity of products from the point of manufacture to the end consumer.

3. Brand Protection: In the brand protection segment, VerifyMe develops strategies that help companies safeguard their brands against unauthorized usage, dilution, or imitation. This often includes enhancing the visibility and accessibility of brand-related data to stakeholders.

4. Consumer Engagement: Another critical segment is consumer engagement, where VerifyMes solutions help brands connect with consumers more effectively. By leveraging authenticity technologies, brands can create deeper relationships with their customers and build trust through transparency.

Products

1. Secure Authentication Technologies: VerifyMe offers secure authentication products that incorporate advanced technologies such as blockchain, QR codes, and NFC (Near Field Communication). These allow consumers and retailers to verify the authenticity of products effortlessly.

2. Product Serialization: The company provides product serialization services, which involve assigning unique identifiers to each product item. This approach ensures that every single product can be traced throughout the supply chain, reducing the risk of counterfeiting.

3. Tamper-Evident Labels: VerifyMe produces tamper-evident labels that are designed to show visible signs of tampering. These labels enhance security and enable businesses to quickly identify if a product has been compromised.

4. Mobile Verification Solutions: The company’s mobile verification solutions enable consumers to verify the authenticity of products using their smartphones. This product leverages user-friendly interfaces to encourage consumer participation in the verification process.

5. Blockchain-Based Solutions: VerifyMe harnesses blockchain technology to create immutable records for product authenticity and traceability. This not only enhances security but also builds consumer confidence in the products they purchase.

Services

1. Consulting Services: VerifyMe offers consulting services to help businesses develop tailored anti-counterfeiting strategies. These services assess vulnerabilities and formulate comprehensive plans to fortify product integrity.

2. Education and Training: The company provides education and training sessions designed to inform clients about the risks of counterfeiting and the solutions available. This is crucial for fostering a culture of brand protection within organizations.

3. Custom Implementation: VerifyMe works closely with clients to implement its technologies and solutions into their existing systems. This custom implementation service ensures that clients can seamlessly adopt new tools to enhance security.

4. Ongoing Support and Maintenance: The company provides ongoing support and maintenance for its products, ensuring they function effectively over time. This service includes regular updates and troubleshooting assistance.

5. Data Analytics: VerifyMe also offers data analytics services to track product authentication patterns and consumer behavior, providing clients with valuable insights that can inform their strategies and decision-making processes.

Conclusion

VerifyMe Inc. is dedicated to empowering businesses with innovative solutions that bolster their defenses against counterfeiting, enhance supply chain security, and improve consumer engagement. Its extensive offerings span multiple segments, including anti-counterfeiting, brand protection, and consumer engagement, supported by a diverse array of products and services designed to meet the unique needs of clients across various industries. Through cutting-edge technologies and comprehensive support, VerifyMe is committed to fostering a safer and more trustworthy marketplace for consumers and brands alike.


Composition of Verifyme Inc Revenues by Segments

 
Proactive services    121.9 % of total Revenue
Premium services    82.51 % of total Revenue
Other    3.27 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Proactive services 2.16 121.9 %
Premium services 1.46 82.51 %
Other 0.06 3.27 %
Total 1.77 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Proactive services - -
Premium services - -
Other 123.08 % -
Total -60.22 % -89.19 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total -0.68 -




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total - -




Annual Report on Verifyme Inc Divisions, Sales by Country

 
Proactive Services   Proactive Services Segment contribution to total sales 80.28 % of total Revenue
Premium Services   Premium Services Segment contribution to total sales 18.76 % of total Revenue
Brand Protection Services   Brand Protection Services Segment contribution to total sales 0.95 % of total Revenue
Precision Logistics   Precision Logistics Segment contribution to total sales 99.05 % of total Revenue
Precision Logistics Proactive Services   Precision Logistics Proactive Services Segment contribution to total sales 80.28 % of total Revenue
Precision Logistics Premium Services   Precision Logistics Premium Services Segment contribution to total sales 18.76 % of total Revenue
Authentication   Authentication Segment contribution to total sales 0.95 % of total Revenue
Authentication Brand Protection Services   Authentication Brand Protection Services Segment contribution to total sales 0.95 % of total Revenue


Twelve months ended 2025
VRME s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Total 16.40 100 %
Proactive Services 13.17 80.28 %
Premium Services 3.08 18.76 %
Brand Protection Services 0.16 0.95 %
Precision Logistics 16.24 99.05 %
Precision Logistics Proactive Services 13.17 80.28 %
Precision Logistics Premium Services 3.08 18.76 %
Authentication 0.16 0.95 %
Authentication Brand Protection Services 0.16 0.95 %


Twelve months ended 2025
VRME s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -4.91 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Total -32.26 % -
Proactive Services -32.02 % -
Premium Services -30.08 % -
Brand Protection Services -64.63 % -
Precision Logistics -31.66 % -
Precision Logistics Proactive Services -32.02 % -
Precision Logistics Premium Services -30.08 % -
Authentication -64.63 % -
Authentication Brand Protection Services -64.63 % -



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