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Veritec OTCPK:VRTC Stock Report

Last Price

US$0.035

Market Cap

US$1.4m

7D

0%

1Y

27.3%

Updated

19 Jul, 2024

Data

Company Financials

VRTC Stock Overview

Engages in the development, sale, and licensing of products and providing services related to its mobile banking solutions in the United States.

VRTC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Veritec, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veritec
Historical stock prices
Current Share PriceUS$0.035
52 Week HighUS$0.06
52 Week LowUS$0.005
Beta-24.09
11 Month Change16.67%
3 Month Changen/a
1 Year Change27.27%
33 Year Change-30.00%
5 Year Change-12.50%
Change since IPO-97.20%

Recent News & Updates

Recent updates

Shareholder Returns

VRTCUS TechUS Market
7D0%-2.9%-0.7%
1Y27.3%18.2%20.2%

Return vs Industry: VRTC exceeded the US Tech industry which returned 18.8% over the past year.

Return vs Market: VRTC exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is VRTC's price volatile compared to industry and market?
VRTC volatility
VRTC Average Weekly Movementn/a
Tech Industry Average Movement5.7%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: VRTC's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine VRTC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19827Van Tranwww.veritecinc.com

Veritec, Inc., together with its subsidiaries, engages in the development, sale, and licensing of products and providing services related to its mobile banking solutions in the United States. The company offers Mobile Toggle Card-Visa prepaid card program, a debit based, pre-paid, and gift card solution to debit card issuers and sponsoring organizations; and blinx ON-OFF debit card-Visa prepaid card programs. It also provides custom branded debit card program that enables card issuers and sponsors to issue debit, pre-paid, and gift cards under its branded programs through the licensed use of the mobile banking platform, as well as related professional services.

Veritec, Inc. Fundamentals Summary

How do Veritec's earnings and revenue compare to its market cap?
VRTC fundamental statistics
Market capUS$1.40m
Earnings (TTM)-US$1.15m
Revenue (TTM)US$362.00k

3.9x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRTC income statement (TTM)
RevenueUS$362.00k
Cost of RevenueUS$175.00k
Gross ProfitUS$187.00k
Other ExpensesUS$1.34m
Earnings-US$1.15m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.029
Gross Margin51.66%
Net Profit Margin-318.78%
Debt/Equity Ratio-92.4%

How did VRTC perform over the long term?

See historical performance and comparison
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