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. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Veritec, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.018 |
| 52 Week High | US$0.06 |
| 52 Week Low | US$0.005 |
| Beta | -24.34 |
| 1 Month Change | -10.63% |
| 3 Month Change | n/a |
| 1 Year Change | -64.25% |
| 3 Year Change | -60.28% |
| 5 Year Change | -64.25% |
| Change since IPO | -98.57% |
Recent News & Updates
Recent updates
Shareholder Returns
| VRTC | US Tech | US Market | |
|---|---|---|---|
| 7D | 2.1% | 2.4% | -2.4% |
| 1Y | -64.3% | 31.4% | 23.4% |
Return vs Industry: VRTC underperformed the US Tech industry which returned 31.4% over the past year.
Return vs Market: VRTC underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| VRTC volatility | |
|---|---|
| VRTC Average Weekly Movement | n/a |
| Tech Industry Average Movement | 8.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: VRTC's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: Insufficient data to determine VRTC's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 7 | Van Tran | www.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
| VRTC fundamental statistics | |
|---|---|
| Market cap | US$713.89k |
| Earnings (TTM) | -US$1.06m |
| Revenue (TTM) | US$461.00k |
1.5x
P/S Ratio-0.7x
P/E RatioIs VRTC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VRTC income statement (TTM) | |
|---|---|
| Revenue | US$461.00k |
| Cost of Revenue | US$173.00k |
| Gross Profit | US$288.00k |
| Other Expenses | US$1.35m |
| Earnings | -US$1.06m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.026 |
| Gross Margin | 62.47% |
| Net Profit Margin | -229.50% |
| Debt/Equity Ratio | -92.5% |
How did VRTC perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Veritec, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|