Bindle offers a platform for Verifiable Credentials and Self-Sovereign Identity technology, enabling individuals to control their data and providing tools for verifying health credentials.

Bindle

DWF Group plc provides integrated legal and business services in Europe, the Middle East, Asia, Australia, and North America. The company operates through three divisions: Legal Advisory Services, Connected Services, and Mindcrest. It offers legal advice, commercial intelligence, and relevant industry services; products and business services that enhance and complement its legal offerings; and outsourced and process-led legal services to standardise, systemise, scale, and optimise legal workflows. The company serves consumer, energy and natural resources, financial services, insurance, government and public, real estate, and transport sectors, as well as technology, media, and communications sectors. The company was incorporated in 2018 and is based in London, the United Kingdom.

DWF Group plc

VerifyMe, Inc., a technology solutions provider, provides products to connect brands with consumers in the United States. The company offers VerifyMe Engage services that provides the ability for the brand owner to gather business intelligence and engage with the consumer using authentication test as the initial contact with the consumer. It also offers VerifyMe Authenticate services that provide an assortment of tools through its patented products comprising VerifyInk, a patented invisible ink; VerifyAuthenticator technology, a device used with a smartphone and the VerifyMe app to authenticate and decode VerifyInk codes; VerifyLabel, a tamper proof labels; and VerifyChecker, a handheld device that is tuned to authenticate the unique frequency of VerifyInk invisible ink. In addition, the company provides VerifyMe Track & Trace, a supply chain serialization, track and trace technology utilizing overt dynamic codes, such as VerifyCode, which is tied to cloud-based authentication and track and trace system. Further, it offers VerifyMe Online that includes technologies and services that enable customers to tackle counterfeit websites, domains and e-commerce platforms, and social media sites offering or promoting counterfeit products. VerifyMe, Inc. has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Rochester, New York.

VerifyMe, Inc.

Veronym provides identity verification and authentication services through a user portal platform

Metric
Company Name	Bindle	DWF Group plc	VerifyMe, Inc.	Veronym
Symbol		DWF	VRME
MSH ID	COM:BINDLESYSTEMS	COM:DWFGROUP	COM:VERIFYME	NET:VERONYM:USERPORTAL
Market	PRIVATE	STOCKS	STOCKS	PRIVATE
Sector	Technology	Industrials	Industrials	Technology
Industry	Information Technology	Specialty Business Services	Security & Protection Services	Cybersecurity
Country	US	GB	US	DE
Stage				Non Equity Assistance
Employee Count	1	4.34K	50
Website	bindlesystems.com	dwfgroup.com	verifyme.com	userportal.veronym.net
LinkedIn
Founders

Metric
Market Cap	4.36M	13.74M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	446.29M	25.31M
Revenue (LTM)
Revenue (NTM)
Gross Profit	230.52M	7.87M
EBITDA	73.47M	-2.19M
Operating Income	35.24M	-3.33M
Net Income	25.85M	-3.39M
EPS	0.09	-0.35
Diluted EPS	0.08	-0.35
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.50	0.36
Operating Profit Margin	0.06	-0.08
EBITDA Margin	0.16	-0.09
Net Profit Margin	0.03	-0.07
Return on Equity	0.20	-0.15
Return on Assets	0.03	-0.10
Return on Capital Employed	0.09	-0.13

COM:BINDLESYSTEMS

Bindle

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	14.73	-3.17
P/B Ratio	5.63	0.91
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.90	0.87
EV Multiple	3.21	-4.81

Metric
Days Sales Outstanding		31.42
Days Payables Outstanding	60.13	31.02
Days Inventory Outstanding		0.85
Operating Cycle		62.82
Cash Conversion Cycle	-55.63	4.20
Asset Turnover	0.95	1.45

Metric
Operating Cash Flow	34.34M	244K
Free Cash Flow	26.28M	244K
Cash Flow to Debt	0.13	0.43
Operating Cash Flow/Sales	0.07	0.04
Free Cash Flow Yield	0.05	-0.11

Metric
Cash & Equivalents	36.07M	3.10M
Accounts Receivable		1.29M
Inventory		38K
Goodwill	16.15M	5.38M
Debt to Capitalization	0.74	0.17
Debt to Assets	0.51	0.19
Current Ratio	1.69	1.55
Quick Ratio	0.25	1.86

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.03	0.06
R&D to Revenue		0.00
SG&A to Revenue	0.42	0.38