Veritec Past Earnings Performance

Past criteria checks 0/6

Veritec's earnings have been declining at an average annual rate of -10.2%, while the Tech industry saw earnings growing at 29% annually. Revenues have been declining at an average rate of 3.4% per year.

Key information

-10.2%

Earnings growth rate

-9.9%

EPS growth rate

Tech Industry Growth14.3%
Revenue growth rate-3.4%
Return on equityn/a
Net Margin-318.8%
Last Earnings Update31 Mar 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Veritec makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:VRTC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 240-110
31 Dec 230-110
30 Sep 230-110
30 Jun 230-110
31 Mar 230-110
31 Dec 220-110
30 Sep 220-110
30 Jun 220-110
31 Mar 220-110
31 Dec 210-110
30 Sep 210-110
30 Jun 210-110
31 Mar 210-110
31 Dec 200-110
30 Sep 200-110
30 Jun 200-110
31 Mar 200-110
31 Dec 190-110
30 Sep 190-110
30 Jun 190-110
31 Mar 190-110
31 Dec 180-110
30 Sep 180-110
30 Jun 180010
31 Mar 180010
31 Dec 170-110
30 Sep 170-110
30 Jun 170-110
31 Mar 171-110
31 Dec 161-110
30 Sep 161010
30 Jun 161-110
31 Mar 161-210
31 Dec 151-210
30 Sep 151-110
30 Jun 151-110
31 Mar 151-110
31 Dec 141010
30 Sep 141010
30 Jun 142010
31 Mar 141010
31 Dec 132010
30 Sep 131010

Quality Earnings: VRTC is currently unprofitable.

Growing Profit Margin: VRTC is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VRTC is unprofitable, and losses have increased over the past 5 years at a rate of 10.2% per year.

Accelerating Growth: Unable to compare VRTC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VRTC is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (47.2%).


Return on Equity

High ROE: VRTC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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