$11.19M Market Cap.
VRME Market Cap. (MRY)
VRME Shares Outstanding (MRY)
VRME Assets (MRY)
Total Assets
$20.70M
Total Liabilities
$8.17M
Total Investments
$0
VRME Income (MRY)
Revenue
$25.31M
Net Income
-$3.39M
Operating Expense
$12.33M
VRME Cash Flow (MRY)
CF Operations
$244.00K
CF Investing
-$1.20M
CF Financing
$634.00K
VRME Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
---|---|---|---|---|---|
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | 0% | 0% | - |
2019 | $0 | 0% | - | 0% | - |
VRME Balance Sheet (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Total Assets | $20,705,000 (-0.23%) | $20,752,000 (-4.32%) | $21,688,000 (147.18%) | $8,774,000 (830.43%) |
Assets Current | $7,686,000 (-18.74%) | $9,458,000 (-5.52%) | $10,011,000 (22.07%) | $8,201,000 (1734.68%) |
Assets Non-Current | $13,019,000 (15.27%) | $11,294,000 (-3.28%) | $11,677,000 (1937.87%) | $573,000 (15.52%) |
Goodwill & Intangible Assets | $12,311,000 (16.88%) | $10,533,000 (1969.35%) | $509,000 (36.46%) | $373,000 (16.93%) |
Shareholders Equity | $12,531,000 (-7.77%) | $13,586,000 (-35.82%) | $21,167,000 (154.44%) | $8,319,000 (12516.42%) |
Property Plant & Equipment Net | $708,000 (-6.96%) | $761,000 (273.04%) | $204,000 (2.00%) | $200,000 (12.99%) |
Cash & Equivalents | $3,095,000 (-9.26%) | $3,411,000 (-63.80%) | $9,422,000 (18.68%) | $7,939,000 (3037.94%) |
Accumulated Other Comprehensive Income | -$2,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $10,964,000 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $10,964,000 (0%) | $0 (0%) |
Inventory | $38,000 (-53.09%) | $81,000 (55.77%) | $52,000 (-3.70%) | $54,000 (80.00%) |
Trade & Non-Trade Receivables | $4,299,000 (-23.68%) | $5,633,000 (1796.63%) | $297,000 (858.06%) | $31,000 (-61.73%) |
Trade & Non-Trade Payables | $3,310,000 (-15.39%) | $3,912,000 (1047.21%) | $341,000 (-10.97%) | $383,000 (-9.24%) |
Accumulated Retained Earnings (Deficit) | -$81,849,000 (-4.32%) | -$78,459,000 (-22.48%) | -$64,061,000 (5.34%) | -$67,673,000 (-9.55%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $2,952,000 (25.67%) | $2,349,000 (0%) | $0 (0%) | $72,000 (-75.84%) |
Debt Current | $670,000 (8.94%) | $615,000 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $2,282,000 (31.60%) | $1,734,000 (0%) | $0 (0%) | $72,000 (0%) |
Total Liabilities | $8,174,000 (14.07%) | $7,166,000 (1275.43%) | $521,000 (14.51%) | $455,000 (-54.95%) |
Liabilities Current | $5,141,000 (-5.30%) | $5,429,000 (1106.44%) | $450,000 (17.49%) | $383,000 (-62.08%) |
Liabilities Non-Current | $3,033,000 (74.61%) | $1,737,000 (2346.48%) | $71,000 (-1.39%) | $72,000 (0%) |
VRME Income Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Revenues | $25,313,000 (29.31%) | $19,576,000 (2157.90%) | $867,000 (152.77%) | $343,000 (40.00%) |
Cost of Revenue | $16,310,000 (24.62%) | $13,088,000 (4783.58%) | $268,000 (332.26%) | $62,000 (37.78%) |
Selling General & Administrative Expense | $12,224,000 (20.48%) | $10,146,000 (88.62%) | $5,379,000 (40.44%) | $3,830,000 (45.79%) |
Research & Development Expense | $107,000 (20.22%) | $89,000 (74.51%) | $51,000 (168.42%) | $19,000 (280.00%) |
Operating Expenses | $12,331,000 (20.48%) | $10,235,000 (88.49%) | $5,430,000 (41.08%) | $3,849,000 (46.24%) |
Interest Expense | $161,000 (82.95%) | $88,000 (4500.00%) | -$2,000 (-100.10%) | $2,053,000 (2016.49%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$3,390,000 (76.46%) | -$14,398,000 (-498.62%) | $3,612,000 (161.20%) | -$5,902,000 (-135.42%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$3,390,000 (76.46%) | -$14,398,000 (-498.62%) | $3,612,000 (161.20%) | -$5,902,000 (-135.42%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$3,390,000 (76.46%) | -$14,398,000 (-498.62%) | $3,612,000 (161.20%) | -$5,902,000 (-135.42%) |
Weighted Average Shares | $9,766,469 (15.36%) | $8,466,075 (19.06%) | $7,110,907 (78.66%) | $3,980,202 (85.20%) |
Weighted Average Shares Diluted | $9,766,469 (15.36%) | $8,466,075 (19.06%) | $7,110,907 (78.66%) | $3,980,202 (85.20%) |
Earning Before Interest & Taxes (EBIT) | -$3,229,000 (77.44%) | -$14,310,000 (-496.40%) | $3,610,000 (193.79%) | -$3,849,000 (-59.71%) |
Gross Profit | $9,003,000 (38.76%) | $6,488,000 (983.14%) | $599,000 (113.17%) | $281,000 (40.50%) |
Operating Income | -$3,328,000 (11.18%) | -$3,747,000 (22.44%) | -$4,831,000 (-35.40%) | -$3,568,000 (-46.71%) |
VRME Cash Flow Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Net Cash Flow from Investing | -$1,195,000 (84.84%) | -$7,884,000 (-176.53%) | -$2,851,000 (-2180.80%) | -$125,000 (58.61%) |
Net Cash Flow from Financing | $634,000 (-85.67%) | $4,424,000 (-41.70%) | $7,588,000 (-24.81%) | $10,092,000 (2089.15%) |
Net Cash Flow from Operations | $244,000 (109.56%) | -$2,551,000 (21.60%) | -$3,254,000 (-42.66%) | -$2,281,000 (-44.46%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$316,000 (94.74%) | -$6,011,000 (-505.33%) | $1,483,000 (-80.71%) | $7,686,000 (641.27%) |
Net Cash Flow - Business Acquisitions and Disposals | -$363,000 (95.16%) | -$7,500,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $32,000 (101.23%) | -$2,593,000 (0%) | $0 (0%) |
Capital Expenditure | -$774,000 (-180.43%) | -$276,000 (-6.98%) | -$258,000 (-106.40%) | -$125,000 (58.61%) |
Issuance (Repayment) of Debt Securities | $600,000 (408.47%) | $118,000 (4033.33%) | -$3,000 (-100.28%) | $1,069,000 (131.89%) |
Issuance (Purchase) of Equity Shares | $70,000 (-98.39%) | $4,340,000 (-43.80%) | $7,722,000 (-14.42%) | $9,023,000 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $1,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $200,000 (37.93%) | $145,000 (-3.97%) | $151,000 (98.68%) | $76,000 (-44.93%) |
Depreciation Amortization & Accretion | $1,134,000 (47.27%) | $770,000 (558.12%) | $117,000 (19.39%) | $98,000 (188.24%) |
VRME Financial Metrics (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Gross Margin | 35.60% (7.55%) | 33.10% (-52.10%) | 69.10% (-15.63%) | 81.90% (0.37%) |
Profit Margin | -13.40% (81.77%) | -73.50% (-117.64%) | 416.60% (124.21%) | -1720.70% (-68.15%) |
EBITDA Margin | -8.30% (88.01%) | -69.20% (-116.10%) | 429.90% (139.31%) | -1093.60% (-12.77%) |
Return on Average Equity (ROAE) | -27.30% (71.29%) | -95.10% (-587.69%) | 19.50% (123.30%) | -83.70% (81.25%) |
Return on Average Assets (ROAA) | -17.50% (76.54%) | -74.60% (-492.63%) | 19.00% (124.45%) | -77.70% (60.82%) |
Return on Sales (ROS) | -12.80% (82.49%) | -73.10% (-117.56%) | 416.40% (137.11%) | -1122.20% (-14.08%) |
Return on Invested Capital (ROIC) | -107.20% (58.50%) | -258.30% (-561.25%) | 56.00% (100.48%) | -11727.20% (-1464.90%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -3.2 (-369.21%) | -0.68 (-110.96%) | 6.22 (355.96%) | -2.43 (18.69%) |
Price to Sales Ratio (P/S) | 0.43 (-13.94%) | 0.5 (-98.07%) | 26.04 (-37.66%) | 41.77 (36.07%) |
Price to Book Ratio (P/B) | 0.89 (15.82%) | 0.77 (-29.59%) | 1.09 (-54.83%) | 2.42 (102.09%) |
Debt to Equity Ratio (D/E) | 0.65 (23.72%) | 0.53 (2008.00%) | 0.03 (-54.55%) | 0.06 (100.36%) |
Earnings Per Share (EPS) | -0.35 (79.41%) | -1.7 (-433.33%) | 0.51 (134.46%) | -1.48 (-26.50%) |
Sales Per Share (SPS) | 2.59 (12.11%) | 2.31 (1795.08%) | 0.12 (41.86%) | 0.09 (-24.56%) |
Free Cash Flow Per Share (FCFPS) | -0.05 (83.83%) | -0.33 (32.39%) | -0.49 (18.21%) | -0.6 (30.97%) |
Book Value Per Share (BVPS) | 1.28 (-20.06%) | 1.6 (-46.09%) | 2.98 (42.44%) | 2.09 (6841.94%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.86 (-28.83%) | 1.21 (-59.47%) | 2.98 (41.07%) | 2.11 (627.93%) |
Enterprise Value Over EBIT (EV/EBIT) | -4 (-300.00%) | -1 (-133.33%) | 3 (200.00%) | -3 (0.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -5.63 (-720.41%) | -0.69 (-120.39%) | 3.36 (212.06%) | -3 (2.85%) |
Asset Turnover | 1.31 (29.09%) | 1.01 (2104.35%) | 0.05 (2.22%) | 0.04 (-76.80%) |
Current Ratio | 1.5 (-14.18%) | 1.74 (-92.17%) | 22.25 (3.89%) | 21.41 (4733.63%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$530,000 (81.25%) | -$2,827,000 (19.50%) | -$3,512,000 (-45.97%) | -$2,406,000 (-27.91%) |
Enterprise Value (EV) | $11,789,823 (26.91%) | $9,290,077 (-25.91%) | $12,538,832 (11.36%) | $11,259,317 (53.34%) |
Earnings Before Tax (EBT) | -$3,390,000 (76.46%) | -$14,398,000 (-498.62%) | $3,612,000 (161.20%) | -$5,902,000 (-135.42%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$2,095,000 (84.53%) | -$13,540,000 (-463.29%) | $3,727,000 (199.36%) | -$3,751,000 (-57.87%) |
Invested Capital | $3,110,000 (-16.58%) | $3,728,000 (-67.03%) | $11,307,000 (7388.08%) | $151,000 (144.28%) |
Working Capital | $2,545,000 (-36.83%) | $4,029,000 (-57.86%) | $9,561,000 (22.29%) | $7,818,000 (1488.63%) |
Tangible Asset Value | $8,394,000 (-17.86%) | $10,219,000 (-51.75%) | $21,179,000 (152.10%) | $8,401,000 (1246.31%) |
Market Capitalization | $11,190,823 (6.77%) | $10,481,077 (-54.76%) | $23,168,832 (14.91%) | $20,162,531 (158.99%) |
Average Equity | $12,437,500 (-17.87%) | $15,143,000 (-18.40%) | $18,557,000 (163.30%) | $7,047,979 (1155.12%) |
Average Assets | $19,336,500 (0.21%) | $19,296,750 (1.40%) | $19,030,000 (150.37%) | $7,600,601 (501.07%) |
Invested Capital Average | $3,011,750 (-45.65%) | $5,541,000 (-14.03%) | $6,445,500 (19538.34%) | $32,821 (111.70%) |
Shares | 9,991,806 (10.58%) | 9,035,411 (23.82%) | 7,297,270 (30.29%) | 5,600,703 (151.80%) |