VERITEC INC
VERITEC INC
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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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Accounts And Notes Receivable Net | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Prepaid Expense Current | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Accounts Receivable Net Current | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Prepaid Expense And Other Assets Current | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Assets Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Accrued Liabilities Curre… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |||||
Accounts Payable Related Parties Current | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | |||||
Accounts Payable Related Parties Current And Noncu… | - | - | - | - | - | - | 0 | - | - | - | - | - | |||||
Accrued Liabilities Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Contract With Customer Liability Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Deferred Revenue Current | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | |||||
Notes And Loans Payable Current | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Notes Payable Related Parties Current And Noncurre… | - | - | - | - | - | - | 7 | 7 | 7 | 6 | 6 | 6 | |||||
Convertible Notes Payable Current | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | |||||
Liabilities Current | 10 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 7 | 8 | 7 | |||||
Other Loans Payable Long Term | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Deferred Revenue Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | |||||
Business Combination Contingent Consideration Liab… | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Liabilities | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 7 | |||||
Commitments And Contingen… | |||||||||||||||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | |||||
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Par Or Stated Value Per Share | 1 | 1 | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 150 | 150 | - | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | |||||
Common Stock Shares Issued | 40 | 40 | - | - | - | 40 | 40 | 40 | 40 | 40 | 40 | 40 | |||||
Shares Outstanding | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | |||||
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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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 17.65% | 17.65% | 17.65% | - | - | - | - | - | - | - | - | - |
| 2024 | 33.33% | 33.73% | 19.47% | -45.45% | -27.27% | -26.55% | 48.51% | 73.27% | 9.41% | 0.00% | -9.09% | -32.14% |
| 2023 | 9.09% | 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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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
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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.