VerifyMe Q2 FY26 net loss widens to $0.5 million; revenue drops 58% to $1.9 million

Reuters2026/08/14 12:01

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VerifyMe posted Q2 2026 revenue of USD 1.9 million, down 58% year over year.
Net loss widened to USD 505,000, equal to USD 0.04 per diluted share.
Gross profit fell to USD 1.02 million, though gross margin rose 19 percentage points to 54%.
Adjusted EBITDA, a non-GAAP metric, was USD -23,000 versus USD 270,000 a year earlier.
Results reflected lost ProActive services revenue following the September 2025 termination of its prior carrier agreement; Premium services launched in June.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VerifyMe Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260810503396) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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VerifyMe Q2 FY26 net loss widens to $0.5 million; revenue drops 58% to $1.9 million

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