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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)

-7.64 (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.

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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 payments
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 position Veritec to capture market share
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 of 0.014 suggests potential liquidity challenges
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 allows for flexible debit-based transactions, and the blinxPay mobile wallet application, facilitating seamless payments for users. With a commitment to innovation, Veritec aims to enhance the banking experience through its advanced technology offerings. The growth outlook for Veritec appears promising, with recent quarterly revenue showing an increase to $39,000. This growth is indicative of the company's potential to expand its market presence, especially as the mobile banking sector is projected to experience significant growth in the coming years. Veritec's innovative product offerings position the company well to capture a larger share of this expanding market. Financially, Veritec reported a trailing twelve months revenue of $390,000, which reflects a growing customer base. However, the company also reported a net income of -$390,000 for the latest quarter, indicating ongoing investments in growth and development. The current ratio of 0.014 suggests potential liquidity challenges, which may require careful management as the company continues to navigate its growth trajectory. Overall, Veritec, Inc. presents an intriguing opportunity within the mobile banking solutions space, with a focus on innovation and market expansion.
AI Generated • Aug 24, 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

23.81

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%

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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.

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