Veritec, Inc.

Veritec, Inc.

VRTC
Veritec, Inc.US flagOther OTC
0.00
USD
- -
- -
7,988.00Market Cap
Veritec, Inc.
VRTC
(Other OTC)

Recent

price

0.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
0.06
0.06
0.06
0.04
0.05
0.1
0.06
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Revenue per Share
-0.11
-0.11
-0.06
-0.05
-0.05
0.02
-0.06
-0.04
-0.03
- -
-0.02
-0.01
-0.03
-0.01
-0.03
-0.03
-0.03
Basic EPS, GAAP
-0.07
-0.06
-0.01
-0.03
0.01
0.02
-0.01
-0.02
-0.03
-0.01
-0.01
-0.01
-0.02
-0.02
-0.01
-0.01
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-1
-1.06
-1.12
-1.17
-1.23
-1.2
-1.23
-0.63
-0.57
-0.57
-0.59
-0.61
-0.63
-0.64
-0.67
-0.7
-0.71
Book Value per Share
-0.08
-0.16
-0.22
-0.27
-0.31
-0.29
-0.32
-0.1
-0.12
-0.11
-0.13
-0.15
-0.17
-0.19
-0.22
-0.24
-0.25
Tangible Book Value per Share
15
16
16
16
16
16
16
34
40
40
40
40
40
40
40
40
40
Basic Weighted Avg Shares
1
1
1
1
1
2
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
-181.34
-167.97
-93.75
-104.87
-75.55
30.02
-43.14
-64.33
-240.84
-73.79
-178.18
-91.78
-178.41
-162.61
-207.3
-110.2
-129.86
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-2
-2
-1
-1
-1
- -
-1
-1
-1
- -
-1
-1
-1
-1
-1
-1
-1
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-183.44
-182.82
-111.84
-144.25
-114.08
18.47
-95.95
-190.59
-420.79
-3.65
-276.55
-131.51
-280.46
-143.34
-346.63
-229.5
-258.37
Profit Margin (%)
- -
-3
-4
-5
-5
-5
-5
-3
-4
-4
-5
-6
-7
-7
-8
-9
-10
Working Capital
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
-1
-3
-4
-4
-5
-5
-5
-3
-5
-4
-5
-6
-7
-7
-9
-10
-10
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-3.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'25
ST Debt
9
9
9
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
1
1
1

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
9
9
10
Payables & Accruals
- -
- -
1
ST Debt
9
9
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.74%
12.99%
12.2%
Free Cash Flow
15.45%
7.01%
-0.6%
Net Income, GAAP
424.5%
26.65%
-14.26%
Sales/Revenue/Turnover
-5.51%
10.51%
29.49%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.01
-0.01
-0.01
- -
-0.03
2024
-0.01
-0.01
-0.01
- -
-0.03
2025
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Veritec, Inc. (VRTC) develops, sells, licenses, and supports mobile banking solutions, secure identification technologies, and payment processing systems primarily in the United States. Founded in 1982 and headquartered in Golden Valley, Minnesota, the company operates as a subsidiary of The Matthews Group, LLC and serves debit card issuers, sponsoring organizations, merchants, and businesses through its proprietary platforms. Core products and services include the VeriCode customizable 2D barcode for secure data encoding and offline scanning; blinxPay centralized digital wallet for connecting bank, debit, credit, membership, and ID cards with instant transfers, rewards, and business accounts; blinx ON-OFF and Mobile Toggle Card Visa prepaid debit card programs enabling card toggling via mobile; custom branded debit, prepaid, and gift card programs with professional services; Tangible secure payment gateway offering real-time ACH, debit, and credit card processing plus automated billing; and back-end mobile banking solutions for rewards settlement in open or closed loop environments. Recent developments encompass a July 2022 memorandum of understanding with Nugen Universe, LLC to develop private-label blinxPay systems and Bio-ID verification, including milestone payments totaling $1.4 million upon sponsor bank identification, integration, and launch; a distribution agreement with Encore Sales and Marketing LLC to expand product offerings; sustained license fee revenue growth to $150,000 in fiscal 2024 from mobile banking technology; and Q1 fiscal 2025 earnings reflecting $39,000 in revenue amid efforts to secure additional funding for ongoing operations.