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Side-by-side financial comparison of BETA Technologies, Inc. (BETA) and VerifyMe, Inc. (VRME). Click either name above to swap in a different company.

BETA Technologies, Inc. is the larger business by last-quarter revenue ($8.9M vs $5.0M, roughly 1.8× VerifyMe, Inc.). VerifyMe, Inc. runs the higher net margin — -66.7% vs -4902.6%, a 4835.9% gap on every dollar of revenue. On growth, BETA Technologies, Inc. posted the faster year-over-year revenue change (190.9% vs -7.4%).

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

VerifyMe, Inc. is a technology provider specializing in identity verification, anti-counterfeiting, and brand protection solutions. Its offerings include secure authentication tools, supply chain traceability systems, and customer engagement platforms, serving consumer goods, pharmaceutical, and retail sectors across North America and select global markets.

BETA vs VRME — Head-to-Head

Bigger by revenue
BETA
BETA
1.8× larger
BETA
$8.9M
$5.0M
VRME
Growing faster (revenue YoY)
BETA
BETA
+198.3% gap
BETA
190.9%
-7.4%
VRME
Higher net margin
VRME
VRME
4835.9% more per $
VRME
-66.7%
-4902.6%
BETA

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
BETA
BETA
VRME
VRME
Revenue
$8.9M
$5.0M
Net Profit
$-437.2M
$-3.4M
Gross Margin
69.3%
41.2%
Operating Margin
-903.5%
-68.2%
Net Margin
-4902.6%
-66.7%
Revenue YoY
190.9%
-7.4%
Net Profit YoY
-482.5%
-38.4%
EPS (diluted)
$-9.83
$-0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BETA
BETA
VRME
VRME
Q3 25
$8.9M
$5.0M
Q2 25
$4.5M
Q1 25
$4.5M
Q3 24
$3.1M
$5.4M
Q2 24
$5.4M
Q1 24
$5.8M
Q4 23
$8.7M
Q3 23
$5.6M
Net Profit
BETA
BETA
VRME
VRME
Q3 25
$-437.2M
$-3.4M
Q2 25
$-291.0K
Q1 25
$-571.0K
Q3 24
$-75.1M
$-2.4M
Q2 24
$-346.0K
Q1 24
$-553.0K
Q4 23
$2.0K
Q3 23
$-930.0K
Gross Margin
BETA
BETA
VRME
VRME
Q3 25
69.3%
41.2%
Q2 25
35.2%
Q1 25
33.4%
Q3 24
61.2%
34.9%
Q2 24
39.1%
Q1 24
39.2%
Q4 23
33.0%
Q3 23
36.5%
Operating Margin
BETA
BETA
VRME
VRME
Q3 25
-903.5%
-68.2%
Q2 25
-7.1%
Q1 25
-13.3%
Q3 24
-2381.0%
-52.8%
Q2 24
-10.0%
Q1 24
-11.2%
Q4 23
0.8%
Q3 23
-15.3%
Net Margin
BETA
BETA
VRME
VRME
Q3 25
-4902.6%
-66.7%
Q2 25
-6.4%
Q1 25
-12.8%
Q3 24
-2448.3%
-44.6%
Q2 24
-6.5%
Q1 24
-9.6%
Q4 23
0.0%
Q3 23
-16.6%
EPS (diluted)
BETA
BETA
VRME
VRME
Q3 25
$-9.83
$-0.26
Q2 25
$-0.02
Q1 25
$-0.05
Q3 24
$-1.81
$-0.23
Q2 24
$-0.03
Q1 24
$-0.05
Q4 23
$0.00
Q3 23
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BETA
BETA
VRME
VRME
Cash + ST InvestmentsLiquidity on hand
$687.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$789.9M
$11.1M
Total Assets
$1.1B
$13.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BETA
BETA
VRME
VRME
Q3 25
$687.6M
Q2 25
Q1 25
Q3 24
$52.2M
$2.6M
Q2 24
$2.9M
Q1 24
$2.8M
Q4 23
$3.0M
Q3 23
$2.9M
Total Debt
BETA
BETA
VRME
VRME
Q3 25
Q2 25
Q1 25
Q3 24
$500.0K
Q2 24
$600.0K
Q1 24
$800.0K
Q4 23
$875.0K
Q3 23
$1.0M
Stockholders' Equity
BETA
BETA
VRME
VRME
Q3 25
$789.9M
$11.1M
Q2 25
$14.4M
Q1 25
$14.6M
Q3 24
$196.1M
$10.3M
Q2 24
$12.3M
Q1 24
$12.4M
Q4 23
Q3 23
$11.9M
Total Assets
BETA
BETA
VRME
VRME
Q3 25
$1.1B
$13.3M
Q2 25
$17.2M
Q1 25
$17.1M
Q3 24
$14.8M
Q2 24
$17.5M
Q1 24
$17.9M
Q4 23
$20.7M
Q3 23
$18.8M
Debt / Equity
BETA
BETA
VRME
VRME
Q3 25
Q2 25
Q1 25
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.06×
Q4 23
Q3 23
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BETA
BETA
VRME
VRME
Operating Cash FlowLast quarter
$-183.4M
$243.0K
Free Cash FlowOCF − Capex
$-209.0M
FCF MarginFCF / Revenue
-2344.1%
Capex IntensityCapex / Revenue
287.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BETA
BETA
VRME
VRME
Q3 25
$-183.4M
$243.0K
Q2 25
$710.0K
Q1 25
$-404.0K
Q3 24
$-10.0K
Q2 24
$372.0K
Q1 24
$-60.0K
Q4 23
$843.0K
Q3 23
$-136.0K
Free Cash Flow
BETA
BETA
VRME
VRME
Q3 25
$-209.0M
Q2 25
Q1 25
Q3 24
$-12.0K
Q2 24
$369.0K
Q1 24
$-62.0K
Q4 23
$840.0K
Q3 23
FCF Margin
BETA
BETA
VRME
VRME
Q3 25
-2344.1%
Q2 25
Q1 25
Q3 24
-0.2%
Q2 24
6.9%
Q1 24
-1.1%
Q4 23
9.6%
Q3 23
Capex Intensity
BETA
BETA
VRME
VRME
Q3 25
287.8%
Q2 25
Q1 25
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.0%
Q4 23
0.0%
Q3 23
0.0%
Cash Conversion
BETA
BETA
VRME
VRME
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
421.50×
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BETA
BETA

Commerical Customers$6.2M70%
United States Government$2.7M30%

VRME
VRME

Proactive Services$4.2M83%
Other$869.0K17%

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