Veritec, Inc.
Veritec, Inc.
Your view on VRTC
Overview
What the company does, where it operates, and who runs it.
About Veritec, Inc.
- Industry
- Software - Application
- Sector
- Technology
- CEO
- Van Thuy Tran
- Headquarters
- 2445 Winnetka Avenue North, Golden Valley, MN, US
- Industry
- Software - Application
- Sector
- Technology
- CEO
- Van Thuy Tran
- Headquarters
- 2445 Winnetka Avenue North, Golden Valley, MN, US
Veritec, Inc., together with its subsidiaries, engages in the development, sale, and licensing of products; and provision of services related to mobile banking solutions in the United States.
The company offers Mobile Toggle Card program, a debit based, pre-paid, and gift card solution to debit card issuers and sponsoring organizations; and blinx ON-OFF debit card-Visa prepaid card programs.
It also enables card issuers and sponsors to issue debit, pre-paid, and gift cards under their own branded programs through the licensed use of the mobile banking platform; and provides related professional services.
In addition, the company offers blinxPay mobile wallet application, a payment processing system that enables customers to make purchases at participating merchants using funds loaded into their blinxPay virtual account.
Further, its mobile banking solution enables member card programs to process and settle member rewards in open or closed loop processing environment, as well as offers back-end card processing services to the card issuing institutions for various cardholder transactions on the licensed platform.
The company was incorporated in 1982 and is based in Golden Valley, Minnesota.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
Fair value for Veritec, Inc. from FRC's valuation model, read against the market price. VRTC last traded at $0.0001; the estimate is read against that market price. The model runs on every stock on the platform and shows the estimate per share and the date it was calculated. A free account covers 3 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Veritec, Inc.. Starting points for Veritec, Inc.: EPS -$0.03, beta 0.42 — an Software - Application name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Veritec, Inc.. Veritec, Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Veritec, Inc.. Trailing twelve-month EPS for Veritec, Inc. stands at -$0.03. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Veritec, Inc.. Veritec, Inc. has reported as a listed company since 2004. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Veritec, Inc. valued side by side against its closest peers. Veritec, Inc. is measured against Software - Application peers within the Technology sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Insider Trading
Recent buying and selling by company executives.
Buying and selling by Veritec, Inc. executives and directors. Shares of Veritec, Inc. have traded between $0.0001 and $0.0075 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Veritec, Inc.. Coverage tracks Veritec, Inc. within Software - Application (Technology). Press releases and market coverage, newest first.
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