Accessibility Menu
Veritec logo

Veritec(OTC) VRTC

Market Cap$8.00KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1995)-100%
5 Year-100%
1 Year+100%
1 Month+98%
$0.00
+0.00%
+0.00Today
Veritec last closing stock price
MetricPriceDate
Last closeUSD 0.002026-07-09
Veritec stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+98.02%USD 0.002026-05-20
1 month+98.02%USD 0.002026-05-20
3 month+98.02%USD 0.002026-03-10
Year to date+100%USD 0.002025-12-10
1 year+100%USD 0.002025-07-08
3 year-99.27%USD 0.032023-07-07
5 year-99.6%USD 0.052021-07-06
Since inception-99.98%USD 1.251995-08-01

Veritec Financials at a Glance

Market Cap

$8.00KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$442.00K

Net Income (TTM)

-$1.14M

EPS (TTM)

$0.00

P/E Ratio

0.00

Dividend

$0.00

Beta (Volatility)

-7.68 (Low)

Price

$0.00

Volume

1,500

Open

$0.00

Previous Close

$0.00

Daily Range

$0.00 - $0.00

52-Week Range

$0.00 - $0.00

Estimated Earnings Date

May 11, 2023

VRTC News

No articles available.

Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Veritec

Veritec, Inc. is a technology company specializing in mobile banking solutions. The company develops, sells, and licenses innovative products that enhance the banking experience for users and institutions alike.

Products and Services
  • Mobile Toggle Card program for flexible debit-based transactions
  • blinx ON-OFF debit card and Visa prepaid card programs
  • blinxPay mobile wallet application for seamless payment processing
Growth Outlook
  • Recent quarterly revenue increased to $39,000, showing potential for growth
  • Mobile banking sector projected to expand significantly in the coming years
  • Innovative product offerings align with market demand for digital banking solutions
Financial Highlights
  • Trailing twelve months revenue of $390,000, indicating a growing customer base
  • Net income for the latest quarter reported at -$390,000, reflecting ongoing investment
  • Current ratio at 0.014, highlighting liquidity challenges but potential for improvement
Veritec, Inc. operates in the dynamic software application industry, focusing on mobile banking solutions that cater to both consumers and financial institutions. The company's diverse product portfolio includes the Mobile Toggle Card program, which offers a flexible debit-based system, and the blinxPay mobile wallet application, facilitating easy transactions for users. With a commitment to innovation, Veritec aims to meet the evolving needs of the banking sector. The growth outlook for Veritec is promising, as the mobile banking sector is expected to experience substantial growth. Recent quarterly revenue figures indicate a positive trend, suggesting that the company is beginning to capture market interest. Despite challenges reflected in the latest net income figures, the company’s strategic focus on innovative solutions positions it well for future opportunities. Financially, Veritec has shown a revenue of $390,000 over the trailing twelve months, which indicates a growing customer base. However, the company is currently facing liquidity challenges, as evidenced by a current ratio of 0.014. This highlights the need for careful financial management as Veritec continues to invest in its growth and product development. Overall, Veritec, Inc. presents a unique opportunity in the mobile banking space, with a focus on innovation and adaptability to market demands.
AI Generated • Jul 23, 2026

Industry

Technology Hardware, Storage and Peripherals

Sector

Information Technology

Employees

13

CEO

Van Thuy Tran, MD

Website

veritecinc.com

Headquarters

Golden Valley, MN 55427, US

VRTC Financials

Key Financial Metrics (TTM)

Gross Margin

62.47%

Operating Margin

-110.20%

Net Income Margin

-229.50%

Return on Equity

11.50%

Return on Capital

N/A

Return on Assets

-801.52%

Earnings Yield

N/A

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$8.00KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

39.99M

Volume

1.50K

Avg. Volume

23.968

Financials (TTM)

Gross Profit

$254.00K

Operating Income

-$574.00K

EBITDA

-$311.00K

Operating Cash Flow

-$511.00K

Capital Expenditure

$0.00

Free Cash Flow

-$511.00K

Cash & ST Invst.

$64.00K

Total Debt

$9.24M

Veritec Performance Analysis

Veritec annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30USD 353,000N/A
20232023-06-30USD 356,0000.8%
20242024-06-30USD 461,00029.5%
Veritec sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22023-12-3184.5%
Q32024-03-3127.1%
Q42024-06-3017.6%
Q12024-09-30-75.6%
Veritec annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30USD -0.01N/A
20232023-06-30USD -0.03145.2%
20242024-06-30USD -0.03-14.2%
Veritec sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22023-12-3123.4%
Q32024-03-31-30.5%
Q42024-06-3032.5%
Q12024-09-30-88.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2024YOY CHG

Revenue

$39.00K

-32.8%

Gross Profit

-$18.00K

-212.5%

Gross Margin

-46.15%

N/A

Market Cap

$8.00KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.14K

N/A

Employees

7

N/A

Net Income

-$390.00K

-27.5%

EBITDA

-$241.00K

N/A

Quarterly Fundamentals

Name
Q1 2024YOY CHG

Total Cash

$64.00K

+20.8%

Total Debt

$9.24M

+13.4%

Accounts Receivable

$6.00K

+0.0%

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$9.24M

+13.4%

Return on Assets

-8.02%

N/A

Return on Invested Capital

5.44%

N/A

Free Cash Flow

-$152.00K

-10.9%

Operating Cash Flow

-$152.00K

-10.9%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
SMAASMA Alliance, Inc.
$0.00+0.00%
FTWSFlitways Technology Inc.
$0.00+0.00%
BDRLBlonder Tongue Laboratories, Inc.
$0.01+0.34%
DGMADegama Software Solutions, Inc.
$0.00+0.00%

Trending Stocks

Symbol / CompanyPricePrice Chg
SQQQProShares Trust - ProShares UltraPro Short Qqq
$41.43-0.05%
NVDANvidia
$206.64+0.03%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares
$7.81+0.07%
INTCIntel
$91.00+0.01%

Questions About VRTC

What is the current price of Veritec?

Veritec is trading at $0.00 per share.

What is the 52-week range for Veritec?

Over the past 52 weeks, Veritec has traded between $0.00 and $0.00.

How much debt does Veritec have?

As of the most recent reporting period, Veritec reported total debt of $9.24M.

How much cash does Veritec have on hand?

Veritec reported $64.00K in cash and cash equivalents in its most recent financial results.

What is Veritec’s dividend yield?

Veritec does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services