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

VOX ROYALTY CORP. is the larger business by last-quarter revenue ($9.3M vs $5.0M, roughly 1.8× VerifyMe, Inc.). VOX ROYALTY CORP. runs the higher net margin — -7.4% vs -66.7%, a 59.3% gap on every dollar of revenue. Over the past eight quarters, VOX ROYALTY CORP.'s revenue compounded faster (26.4% CAGR vs -5.2%).

Vox Royalty Corp. is a specialized mining royalty and streaming company that provides upfront capital to mining project owners and operators, in exchange for a share of future commodity production revenue or physical output. Its portfolio includes gold, silver, copper and other critical minerals, with core operating markets spanning North America, Australia and Africa, catering to the global mining exploration and development sector.

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.

VOXR vs VRME — Head-to-Head

Bigger by revenue
VOXR
VOXR
1.8× larger
VOXR
$9.3M
$5.0M
VRME
Higher net margin
VOXR
VOXR
59.3% more per $
VOXR
-7.4%
-66.7%
VRME
Faster 2-yr revenue CAGR
VOXR
VOXR
Annualised
VOXR
26.4%
-5.2%
VRME

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
VOXR
VOXR
VRME
VRME
Revenue
$9.3M
$5.0M
Net Profit
$-682.6K
$-3.4M
Gross Margin
69.2%
41.2%
Operating Margin
11.8%
-68.2%
Net Margin
-7.4%
-66.7%
Revenue YoY
-7.4%
Net Profit YoY
-38.4%
EPS (diluted)
$-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
VOXR
VOXR
VRME
VRME
Q3 25
$9.3M
$5.0M
Q2 25
$5.4M
$4.5M
Q1 25
$2.7M
$4.5M
Q3 24
$8.2M
$5.4M
Q2 24
$5.7M
$5.4M
Q1 24
$2.9M
$5.8M
Q4 23
$8.7M
Q3 23
$9.3M
$5.6M
Net Profit
VOXR
VOXR
VRME
VRME
Q3 25
$-682.6K
$-3.4M
Q2 25
$-575.0K
$-291.0K
Q1 25
$-241.4K
$-571.0K
Q3 24
$316.9K
$-2.4M
Q2 24
$-729.7K
$-346.0K
Q1 24
$-681.2K
$-553.0K
Q4 23
$2.0K
Q3 23
$276.1K
$-930.0K
Gross Margin
VOXR
VOXR
VRME
VRME
Q3 25
69.2%
41.2%
Q2 25
83.0%
35.2%
Q1 25
90.1%
33.4%
Q3 24
97.0%
34.9%
Q2 24
83.8%
39.1%
Q1 24
39.2%
Q4 23
33.0%
Q3 23
54.5%
36.5%
Operating Margin
VOXR
VOXR
VRME
VRME
Q3 25
11.8%
-68.2%
Q2 25
15.0%
-7.1%
Q1 25
22.8%
-13.3%
Q3 24
28.5%
-52.8%
Q2 24
7.4%
-10.0%
Q1 24
32.7%
-11.2%
Q4 23
0.8%
Q3 23
4.9%
-15.3%
Net Margin
VOXR
VOXR
VRME
VRME
Q3 25
-7.4%
-66.7%
Q2 25
-10.6%
-6.4%
Q1 25
-9.0%
-12.8%
Q3 24
3.9%
-44.6%
Q2 24
-12.8%
-6.5%
Q1 24
-23.6%
-9.6%
Q4 23
0.0%
Q3 23
3.0%
-16.6%
EPS (diluted)
VOXR
VOXR
VRME
VRME
Q3 25
$-0.26
Q2 25
$-0.02
Q1 25
$-0.05
Q3 24
$-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
VOXR
VOXR
VRME
VRME
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$11.1M
Total Assets
$13.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VOXR
VOXR
VRME
VRME
Q3 25
Q2 25
Q1 25
Q3 24
$2.6M
Q2 24
$2.9M
Q1 24
$2.8M
Q4 23
$3.0M
Q3 23
$2.9M
Total Debt
VOXR
VOXR
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
VOXR
VOXR
VRME
VRME
Q3 25
$11.1M
Q2 25
$14.4M
Q1 25
$14.6M
Q3 24
$10.3M
Q2 24
$12.3M
Q1 24
$12.4M
Q4 23
Q3 23
$11.9M
Total Assets
VOXR
VOXR
VRME
VRME
Q3 25
$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
VOXR
VOXR
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
VOXR
VOXR
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
VOXR
VOXR
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
VOXR
VOXR
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
VOXR
VOXR
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
VOXR
VOXR
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
VOXR
VOXR
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

VOXR
VOXR

Total$8.2M88%
Other$1.1M12%

VRME
VRME

Proactive Services$4.2M83%
Other$869.0K17%

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