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 3.48K 3.25K 2.99K 5.61K 382K 5.74K 38.55K 15.06K 189K 15.01K 14.68K 653K	P/E 2023	-0.89x	P/E 2024	-1.32x
Enterprise Value	8.88M 7.74M 7.22M 6.64M 12.46M 849M 12.75M 85.65M 33.47M 421M 33.35M 32.62M 1.45B	EV / Sales 2023	25.1x	EV / Sales 2024	22.3x
Free-Float	25.39%	Yield 2023 *	-	Yield 2024	-

14/01/25	Veritec, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2024	CI
10/10/24	Veritec, Inc. Reports Earnings Results for the Full Year Ended June 30, 2024	CI
10/10/24	Veritec, Inc. Auditor Raises 'Going Concern' Doubt	CI
20/05/24	Veritec, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	CI
20/02/24	Veritec, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	CI
14/11/23	Veritec, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023	CI
13/10/23	Veritec, Inc. Reports Earnings Results for the Full Year Ended June 30, 2023	CI
11/05/23	Veritec, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	CI
15/02/23	Veritec, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	CI
20/12/22	Veritec, Inc. Enters into License and Distributor Agreement with Nugen Universe, LLC	CI
02/11/22	Veritec, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2022	CI
07/10/22	Veritec, Inc. Reports Earnings Results for the Full Year Ended June 30, 2022	CI
07/10/22	Veritec, Inc. Auditor Raises 'Going Concern' Doubt	CI

10/10/24	Veritec : Annual Report for Fiscal Year Ending June 30, 2024 (Form 10-K)	PU
15/02/23	VERITEC INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)	AQ
20/12/22	VERITEC INC : Entry into a Material Definitive Agreement (form 8-K)	AQ
02/11/22	VERITEC INC MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)	AQ
07/10/22	VERITEC INC MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION (form 10-K)	AQ

Director	Title	Age	Since
Van Tran CHM	Chairman	81	01/01/2009
Laird Powers BRD	Director/Board Member	78	01/01/1986

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.	+0.10%	+4.65%	-0.87%	+43.35%	497B
TOPSEC TECHNOLOGIES GROUP INC.	+10.00%	+19.13%	-19.12%	-31.39%	1.03B
BEIJING CERTIFICATE AUTHORITY CO.,LTD.	+0.79%	+1.84%	-30.78%	-32.02%	856M
BEIJING VRV SOFTWARE CORPORATION LIMITED	+2.20%	+5.94%	-57.43%	-52.46%	486M
NHN KCP CORP.	-3.93%	-3.10%	-33.25%	+26.29%	303M
FFRI SECURITY, INC.	-2.04%	-3.91%	-23.36%	+271.03%	236M
SOLITON SYSTEMS K.K.	-2.03%	-4.18%	+40.17%	+57.10%	223M
KGINICIS CO.,LTD	-1.95%	-2.37%	-18.07%	-15.47%	169M
NICE INFORMATION & TELECOMMUNICATION, INC.	-4.90%	-2.93%	+17.54%	+21.86%	169M
Average	+5.93%	+0.93%	-13.91%	+32.03%	55.63B
Weighted average by Cap.	+0.32%	+4.55%	-1.03%	+43.05%

Veritec, Inc. Stock Other OTC

Stocks

VRTC

US9234373051

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Valuation: Veritec, Inc.

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Company Profile

	2023	2024
Net sales	356K 310K 290K 266K 500K 34.05M 511K 3.43M 1.34M 16.87M 1.34M 1.31M 58.14M	461K 402K 375K 345K 647K 44.09M 662K 4.45M 1.74M 21.84M 1.73M 1.69M 75.28M
Net income	-1.23M -1.08M -1M -923K -1.73M -118M -1.77M -11.9M -4.65M -58.47M -4.63M -4.53M -202M	-1.06M -922K -860K -791K -1.48M -101M -1.52M -10.2M -3.99M -50.13M -3.97M -3.89M -173M
Net Debt	7.83M 6.82M 6.37M 5.86M 10.99M 749M 11.25M 75.51M 29.51M 371M 29.4M 28.76M 1.28B	8.88M 7.74M 7.22M 6.64M 12.46M 849M 12.75M 85.61M 33.45M 421M 33.33M 32.6M 1.45B