Inactive Instrument

Veritec, Inc. Stock Other OTC

VRTC

US9234373051

Veritec, Inc. is primarily engaged in the development, sales, and licensing of products and providing services related to its mobile banking solutions. The Company, as a Cardholder Independent Sales Organization, is able to promote and sell Visa-branded card programs. The Company, as a third-party servicer, provides back-end cardholder transaction processing services for Visa-branded card programs on behalf of its sponsoring bank. The Company manages all facets of The Matthews Groupâ€™s Barcode Technology operations. Its products include Mobile Toggle Card (MTC) Debit Card - Visa Prepaid Card Programs, blinx ON-OFF Debit Card - Visa Prepaid Card Programs, custom branded debit card programs, and blinxPay Mobile Wallet App. With an MTC card, the cardholders are empowered to combat unpermitted and fraudulent use of their debit cards by toggling their cards on and off with their mobile phones. The Company's blinxPay is a secure payment processing system and mobile app.

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Market Cap	4K 3.52K 3.33K 3.02K 5.66K 384K 5.7K 39.81K 15.38K 196K 15.01K 14.69K 629K	P/E 2023	-0.89x	P/E 2024	-1.32x
Enterprise Value	8.88M 7.81M 7.39M 6.7M 12.58M 853M 12.66M 88.45M 34.16M 435M 33.35M 32.62M 1.4B	EV / Sales 2023	25.1x	EV / Sales 2024	22.3x
Free-Float	25.39%	Yield 2023 *	-	Yield 2024	-

25-01-14	Veritec, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2024	CI
24-10-10	Veritec, Inc. Reports Earnings Results for the Full Year Ended June 30, 2024	CI
24-10-09	Veritec, Inc. Auditor Raises 'Going Concern' Doubt	CI
24-05-20	Veritec, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	CI
24-02-20	Veritec, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	CI
23-11-14	Veritec, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023	CI
23-10-13	Veritec, Inc. Reports Earnings Results for the Full Year Ended June 30, 2023	CI
23-05-11	Veritec, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	CI
23-02-14	Veritec, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	CI
22-12-19	Veritec, Inc. Enters into License and Distributor Agreement with Nugen Universe, LLC	CI
22-11-02	Veritec, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2022	CI
22-10-07	Veritec, Inc. Reports Earnings Results for the Full Year Ended June 30, 2022	CI
22-10-06	Veritec, Inc. Auditor Raises 'Going Concern' Doubt	CI

24-10-10	Veritec : Annual Report for Fiscal Year Ending June 30, 2024 (Form 10-K)	PU
23-02-14	VERITEC INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)	AQ
22-12-19	VERITEC INC : Entry into a Material Definitive Agreement (form 8-K)	AQ
22-11-02	VERITEC INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)	AQ
22-10-07	VERITEC INC MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION (form 10-K)	AQ

Director	Title	Age	Since
Van Tran CHM	Chairman	81	2008-12-31
Laird Powers BRD	Director/Board Member	78	1985-12-31

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
VERITEC, INC.	+60.83%	+44.75%	-	-	8K
MASTERCARD, INC.	+0.11%	+0.11%	+0.55%	+42.26%	497B
TOPSEC TECHNOLOGIES GROUP INC.	+5.05%	0.00%	-25.49%	-18.75%	1.21B
BEIJING CERTIFICATE AUTHORITY CO.,LTD.	+1.76%	-0.34%	-31.12%	-20.38%	934M
BEIJING VRV SOFTWARE CORPORATION LIMITED	-2.27%	+1.01%	-48.63%	-36.76%	665M
FFRI SECURITY, INC.	-1.69%	-10.09%	-9.15%	+555.66%	396M
NHN KCP CORP.	+2.79%	+3.17%	-32.43%	+66.87%	369M
SOLITON SYSTEMS K.K.	+0.79%	+0.07%	+83.26%	+132.35%	321M
NICE INFORMATION & TELECOMMUNICATION, INC.	+3.77%	0.00%	+67.39%	+79.49%	239M
DREAM SECURITY CO., LTD.	+2.33%	+6.33%	+64.79%	+75.15%	209M
Average	+7.34%	+1.70%	+7.69%	+97.32%	55.73B
Weighted average by Cap.	+0.13%	+0.12%	+0.45%	+42.41%

Veritec, Inc. Stock Other OTC

Stocks

VRTC

US9234373051

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Valuation: Veritec, Inc.

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Financials

Company Profile

	2023	2024
Net sales	356K 313K 296K 269K 504K 34.17M 507K 3.54M 1.37M 17.44M 1.34M 1.31M 56.04M	461K 405K 383K 348K 653K 44.25M 657K 4.59M 1.77M 22.58M 1.73M 1.69M 72.56M
Net income	-1.23M -1.09M -1.03M -931K -1.75M -118M -1.76M -12.29M -4.75M -60.44M -4.63M -4.53M -194M	-1.06M -931K -880K -798K -1.5M -102M -1.51M -10.54M -4.07M -51.82M -3.97M -3.89M -167M
Net Debt	7.83M 6.89M 6.51M 5.91M 11.09M 752M 11.16M 77.98M 30.12M 384M 29.4M 28.76M 1.23B	8.88M 7.81M 7.38M 6.7M 12.58M 852M 12.65M 88.41M 34.14M 435M 33.33M 32.61M 1.4B