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

GLOBUS MARITIME LTD is the larger business by last-quarter revenue ($9.5M vs $5.0M, roughly 1.9× VerifyMe, Inc.). GLOBUS MARITIME LTD runs the higher net margin — -19.6% vs -66.7%, a 47.1% gap on every dollar of revenue. On growth, GLOBUS MARITIME LTD posted the faster year-over-year revenue change (0.2% vs -7.4%).

Globus Maritime Ltd is a global shipping enterprise specializing in ownership, operation and chartering of dry bulk cargo vessels. It transports iron ore, coal, grain and other industrial raw materials across major global trade routes, serving clients in logistics, commodities trading and manufacturing sectors worldwide.

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.

GLBS vs VRME — Head-to-Head

Bigger by revenue
GLBS
GLBS
1.9× larger
GLBS
$9.5M
$5.0M
VRME
Growing faster (revenue YoY)
GLBS
GLBS
+7.6% gap
GLBS
0.2%
-7.4%
VRME
Higher net margin
GLBS
GLBS
47.1% more per $
GLBS
-19.6%
-66.7%
VRME

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
GLBS
GLBS
VRME
VRME
Revenue
$9.5M
$5.0M
Net Profit
$-1.9M
$-3.4M
Gross Margin
41.2%
Operating Margin
-4.3%
-68.2%
Net Margin
-19.6%
-66.7%
Revenue YoY
0.2%
-7.4%
Net Profit YoY
-157.0%
-38.4%
EPS (diluted)
$-0.09
$-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
GLBS
GLBS
VRME
VRME
Q3 25
$5.0M
Q2 25
$9.5M
$4.5M
Q1 25
$4.5M
Q3 24
$5.4M
Q2 24
$9.5M
$5.4M
Q1 24
$5.8M
Q4 23
$8.7M
Q3 23
$5.6M
Net Profit
GLBS
GLBS
VRME
VRME
Q3 25
$-3.4M
Q2 25
$-1.9M
$-291.0K
Q1 25
$-571.0K
Q3 24
$-2.4M
Q2 24
$3.3M
$-346.0K
Q1 24
$-553.0K
Q4 23
$2.0K
Q3 23
$-930.0K
Gross Margin
GLBS
GLBS
VRME
VRME
Q3 25
41.2%
Q2 25
35.2%
Q1 25
33.4%
Q3 24
34.9%
Q2 24
39.1%
Q1 24
39.2%
Q4 23
33.0%
Q3 23
36.5%
Operating Margin
GLBS
GLBS
VRME
VRME
Q3 25
-68.2%
Q2 25
-4.3%
-7.1%
Q1 25
-13.3%
Q3 24
-52.8%
Q2 24
39.2%
-10.0%
Q1 24
-11.2%
Q4 23
0.8%
Q3 23
-15.3%
Net Margin
GLBS
GLBS
VRME
VRME
Q3 25
-66.7%
Q2 25
-19.6%
-6.4%
Q1 25
-12.8%
Q3 24
-44.6%
Q2 24
34.5%
-6.5%
Q1 24
-9.6%
Q4 23
0.0%
Q3 23
-16.6%
EPS (diluted)
GLBS
GLBS
VRME
VRME
Q3 25
$-0.26
Q2 25
$-0.09
$-0.02
Q1 25
$-0.05
Q3 24
$-0.23
Q2 24
$0.16
$-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
GLBS
GLBS
VRME
VRME
Cash + ST InvestmentsLiquidity on hand
$48.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$173.1M
$11.1M
Total Assets
$309.4M
$13.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBS
GLBS
VRME
VRME
Q3 25
Q2 25
$48.3M
Q1 25
Q3 24
$2.6M
Q2 24
$70.8M
$2.9M
Q1 24
$2.8M
Q4 23
$3.0M
Q3 23
$2.9M
Total Debt
GLBS
GLBS
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
GLBS
GLBS
VRME
VRME
Q3 25
$11.1M
Q2 25
$173.1M
$14.4M
Q1 25
$14.6M
Q3 24
$10.3M
Q2 24
$178.9M
$12.3M
Q1 24
$12.4M
Q4 23
Q3 23
$11.9M
Total Assets
GLBS
GLBS
VRME
VRME
Q3 25
$13.3M
Q2 25
$309.4M
$17.2M
Q1 25
$17.1M
Q3 24
$14.8M
Q2 24
$256.3M
$17.5M
Q1 24
$17.9M
Q4 23
$20.7M
Q3 23
$18.8M
Debt / Equity
GLBS
GLBS
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
GLBS
GLBS
VRME
VRME
Operating Cash FlowLast quarter
$243.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBS
GLBS
VRME
VRME
Q3 25
$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
GLBS
GLBS
VRME
VRME
Q3 25
Q2 25
Q1 25
Q3 24
$-12.0K
Q2 24
$369.0K
Q1 24
$-62.0K
Q4 23
$840.0K
Q3 23
FCF Margin
GLBS
GLBS
VRME
VRME
Q3 25
Q2 25
Q1 25
Q3 24
-0.2%
Q2 24
6.9%
Q1 24
-1.1%
Q4 23
9.6%
Q3 23
Capex Intensity
GLBS
GLBS
VRME
VRME
Q3 25
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
GLBS
GLBS
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

GLBS
GLBS

Other$4.8M51%
Property Plant And Equipment Subject To Operating Leases$4.7M49%

VRME
VRME

Proactive Services$4.2M83%
Other$869.0K17%

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