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Veritec OTCPK:VRTC Stock Report

Last Price

US$0.02

Market Cap

US$806.7k

7D

1.0%

1Y

n/a

Updated

25 Apr, 2024

Data

Company Financials

VRTC Stock Overview

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.

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$0.02
52 Week HighUS$0.06
52 Week LowUS$0.005
Beta-22.99
1 Month Change1.00%
3 Month Change-32.67%
1 Year Changen/a
3 Year Change-59.68%
5 Year Change-59.60%
Change since IPO-98.38%

Recent News & Updates

Recent updates

Shareholder Returns

VRTCUS TechUS Market
7D1.0%1.3%1.0%
1Yn/a3.6%21.9%

Return vs Industry: Insufficient data to determine how VRTC performed against the US Tech industry.

Return vs Market: Insufficient data to determine how VRTC performed against the US Market.

Price Volatility

Is VRTC's price volatile compared to industry and market?
VRTC volatility
VRTC Average Weekly Movementn/a
Tech Industry Average Movement7.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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$806.75k
Earnings (TTM)-US$1.19m
Revenue (TTM)US$313.00k

2.6x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRTC income statement (TTM)
RevenueUS$313.00k
Cost of RevenueUS$186.00k
Gross ProfitUS$127.00k
Other ExpensesUS$1.32m
Earnings-US$1.19m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.03
Gross Margin40.58%
Net Profit Margin-380.83%
Debt/Equity Ratio-91.8%

How did VRTC perform over the long term?

See historical performance and comparison
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