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VERITEC INC

VRTC

Companies in Services-Management Services

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Financial Statements

Values in Millions ($)
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
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Subscriber-only column
Assets
Assets Current
Cash
000000000000
Accounts And Notes Receivable Net
--0000000000
Prepaid Expense Current
--0000000000
Accounts Receivable Net Current
00---0------
Prepaid Expense And Other Assets Current
00---0------
Assets Current
000000000000
Accrued Liabilities Curre…
Liabilities Current
Accounts Payable Current
000000000011
Accounts Payable Related Parties Current
-------00000
Accounts Payable Related Parties Current And Noncu…
------0-----
Accrued Liabilities Current
000000000000
Contract With Customer Liability Current
000000000000
Deferred Revenue Current
------000---
Notes And Loans Payable Current
--1111111111
Notes Payable Related Parties Current And Noncurre…
------777666
Convertible Notes Payable Current
11---1------
Liabilities Current
1099998888787
Other Loans Payable Long Term
-----------0
Deferred Revenue Noncurrent
00000000-0--
Business Combination Contingent Consideration Liab…
00---0------
Liabilities
101010999988887
Commitments And Contingen…
Stockholders Equity
Preferred Stock Value
000000000000
Common Stock Value
000000000000
Additional Paid In Capital
181818181818181818181818
Retained Earnings Accumulated Deficit
-29-28-28-28-28-27-27-27-26-26-26-26
Stockholders Equity
-10-10-10-9-9-9-8-8-8-7-8-7
Liabilities And Stockholders Equity
000000000000
Preferred Stock Par Or Stated Value Per Share
11-111111111
Preferred Stock Shares Authorized
101010101010101010101010
Common Stock Par Or Stated Value Per Share
0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized
150150-150150150150150150150150150
Common Stock Shares Issued
4040---40404040404040
Shares Outstanding
404040404040404040404040

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
202517.65%17.65%17.65%---------
202433.33%33.73%19.47%-45.45%-27.27%-26.55%48.51%73.27%9.41%0.00%-9.09%-32.14%
20239.09%0.00%-9.09%0.00%-10.00%0.00%8.00%10.00%60.00%-30.40%12.50%100.00%
2022----4.19%-25.75%-25.75%-7.14%4.43%8.86%5.48%14.29%4.76%

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Performance and Valuation Metrics

Metrics
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
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Liquidity Ratios
Current Ratio
0.01
0.01
0.02
0.01
0.01
0.01
0.02
0.02
0.02
0.01
0.03
0.03
Quick Ratio
0.01
0.01
0.02
0.01
0.01
0.01
0.02
0.02
0.02
0.01
0.03
0.03
Working Capital
-9.72M
-9.33M
-9.16M
-8.86M
-8.62M
-8.32M
-8.06M
-7.71M
-7.59M
-7.28M
-7.36M
-7.13M
Leverage & Debt
Debt to Equity
-1.01
-1.01
-1.02
-1.01
-1.01
-1.01
-1.02
-1.02
-1.02
-1.01
-1.03
-1.03
Interest Coverage TTM
-1.34
-1.24
-1.14
-1.28
-1.42
-1.49
-1.57
-1.40
-1.40
-1.28
-1.28
-1.43
Debt Ratio
135.91
74.70
57.66
83.98
143.48
118.16
61.18
41.91
48.53
95.13
38.60
38.75
Efficiency & Turnover
Asset Turnover TTM
6.41
4.48
2.36
2.04
2.77
4.65
2.13
1.87
1.54
2.14
1.80
1.89
Days Sales Outstanding TTM
4.95
5.94
-
-
-
7.18
-
-
-
-
-
-
Receivables Turnover TTM
73.67
61.47
-
-
-
50.86
-
-
-
-
-
-
Per Share Metrics
Diluted EPS TTM
-0.03
-0.03
-0.03
-0.03
-0.03
-0.03
-0.02
-0.02
-0.01
-0.01
-0.02
-0.02
Free Cash Flow Per Share TTM
-0.01
-0.01
-0.02
-0.02
-0.01
-0.01
-0.01
-0.01
-0.02
-0.02
-0.02
-0.02
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
-
-
51.66%
40.58%
35.14%
40.73%
39.34%
45.33%
41.12%
43.63%
48.06%
43.97%
Operating Profit Margin TTM
-129.86%
-110.20%
-169.61%
-214.06%
-230.67%
-207.30%
-210.53%
-181.04%
-189.64%
-162.61%
-143.67%
-161.93%
Net Profit Margin TTM
-258.37%
-229.50%
-318.78%
-380.83%
-392.65%
-346.63%
-234.35%
-201.65%
-173.08%
-143.34%
-225.84%
-243.43%
Growth Metrics
Net Revenue Growth (1Y)
41.21%
29.49%
0.28%
-14.01%
-7.40%
0.85%
-6.72%
-2.41%
-20.47%
-9.25%
1.04%
-12.24%
Net Income Growth (1Y)
-7.08%
-14.26%
36.41%
62.40%
110.09%
143.87%
-3.20%
-19.16%
-41.38%
-53.62%
-13.98%
-2.36%
EPS Growth (1Y)
-6.96%
-14.24%
36.41%
62.40%
110.09%
143.87%
-3.20%
-19.16%
-41.38%
-53.62%
-13.98%
-2.97%
Valuation Metrics
P/E TTM
-0.81
-1.32
-0.69
-2.01
-1.30
-0.89
-0.95
-1.25
-2.08
-2.73
-1.42
-1.98
P/B TTM
-0.09
-0.14
-0.08
-0.26
-0.18
-0.13
-0.10
-0.11
-0.16
-0.19
-0.16
-0.25
P/S TTM
2.10
3.04
2.21
7.67
5.11
3.09
2.22
2.53
3.61
3.91
3.20
4.82
Market Cap
928.96K
1.40M
799.76K
2.40M
1.60M
1.10M
799.76K
919.72K
1.22M
1.38M
1.24M
1.80M
Enterprise Value
1.46M
1.87M
646.76K
2.34M
1.55M
1.61M
671.76K
736.72K
1.07M
1.31M
1.05M
1.62M
Calculated Values
Free Cash Flow TTM
-511.00K
-496.00K
-609.00K
-683.00K
-538.00K
-499.00K
-495.00K
-473.00K
-631.00K
-675.00K
-649.00K
-616.00K
Net Debt
532.00K
473.00K
-153.00K
-59.00K
-53.00K
509.00K
-128.00K
-183.00K
-152.00K
-66.00K
-189.00K
-179.00K
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2012-09-21Sale
Owner: Matthews, Group, Llc
Title: -
Shares: 45,000
Price/Share: $0.40
Value: $18,000.00
Shares Owned: 7,784,628
Relationship: TenPercentOwner
Ownership: Direct
2011-09-12Sale
Owner: Tran, Van Thuy
Title: -
Shares: 50,000
Price/Share: $0.20
Value: $10,000.00
Shares Owned: 79,250
Relationship: TenPercentOwner
Ownership: Direct
2011-09-12Sale
Owner: Johanns, Lawrence J
Title: -
Shares: 26,682
Price/Share: $0.33
Value: $8,805.06
Shares Owned: -
Relationship: TenPercentOwner
Ownership: Direct
2011-09-12Sale
Owner: Matthews, Group, Llc
Title: -
Shares: 210,000
Price/Share: $0.33
Value: $69,300.00
Shares Owned: 8,273,218
Relationship: TenPercentOwner
Ownership: Direct

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No institutional ownership data available.

VERITEC INC (VRTC) — SEC Financial Statements & Analysis

VERITEC INC (VRTC) is a services-management services company, incorporated in NV. VERITEC INC trades on OTC as: VRTC. Based on its latest SEC filing (Form 10-Q, period ending 2024-09-30), VERITEC INC reported a 41.21% year-over-year revenue growth, a Gross Profit Margin of 51.66% (TTM), a Debt-to-Equity ratio of -1.01x, a Price-to-Sales (P/S) ratio of 2.10x (TTM), a Price-to-Book (P/B) ratio of -0.09 (TTM), at a market cap of $928.96K. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
41.21%
Gross Profit Margin TTM
51.66%
Debt To Equity
-1.01x
P/S TTM
2.10x
P/B TTM
-0.09
Market Cap
$928.96K

Data as of 2024-09-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is VERITEC INC in?

VERITEC INC (VRTC) operates in the Services-Management Services industry.

What is VRTC's market cap?

VERITEC INC (VRTC) has a market capitalization of $928.96K as of 2024-09-30.

What exchange does VRTC trade on?

VERITEC INC (VRTC) trades on the OTC.

Where is VERITEC INC incorporated?

VERITEC INC is incorporated in NV.

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VERITEC INC (VRTC) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 90+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.