Veritec Inc

Market Cap $399.38K
Debt $1.40M
Cash $64.00K
EV $1.73M
FCF -

Earnings

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Sales & Net Margins

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Earnings	-$1.14M
EBIT	-$574.00K
Equity	-$10.12M
Growth Stability	1
PE	-0.35
PB	-0.04
P/S	0.9
Price/Cash	0.16
Debt/Equity	-0.14
Net Margins	-1K%
Op. Margins	-130%
Sales Growth YoY	-33%
Sales Growth QoQ	-76%
Sales CAGR	-4%
Earnings Growth YoY	27%
Earnings Growth QoQ	87%

Sales CAGR 5Y	-2%
Earnings CAGR 3Y	4%
Sales CAGR 3Y	4%
Market Cap	$399.38K
Revenue	$442.00K
Total Debt	$1.40M
Cash	$64.00K
Shares Outstanding	39.94M
EV	1.73M
Working Capital	-9.72M
Current Ratio	0.01
Shares Growth 3y	-0%
Equity Growth QoQ	4%
Equity Growth YoY	13%

Assets & ROA

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Stockholders Equity & ROE

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Veritec Inc is engaged in the development, marketing, sales, and licensing of products and rendering of professional services. The company renders professional services related to mobile banking technology. Its mobile banking technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. The products and services offered by the company include 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. Geographically, it derives revenue from the United States.

SEC Filings

Direct access to Veritec Inc (VRTC) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-K Jun 30
- 10-Q Mar 31
2023
- 10-Q Dec 31
- 10-Q Sep 30
- 10-K Jun 30
- 10-Q Mar 31
2022
- 10-Q Dec 31
- 10-Q Sep 30
- 10-K Jun 30
- 10-Q Mar 31

Sector Comparison

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Peter Lynch's Chart

This chart shows the current pricing of Veritec Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

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Veritec Inc Discounted Cash Flow

Fully customizable DCF calculator online for Veritec Inc.

Years

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	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
DCF		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Value	$0

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	06/2015	06/2016	06/2017	06/2018	06/2019	06/2020	06/2021	06/2022	06/2023	06/2024	TTM
Net Margins	-96%	-191%	-421%	-4%	-277%	-132%	-280%	-143%	-347%	-230%	-1K%
ROA	-	-287%	-1K%	-243%	-	-	-	-	-	-	-
ROE	-	40%	30%	0%	16%	10%	16%	7%	14%	11%	-

Bad Net Margins (-1K%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	06/2015	06/2016	06/2017	06/2018	06/2019	06/2020	06/2021	06/2022	06/2023	06/2024	TTM
Debt over FCF	-	-	-	-	-	-	-	-	-	-	-
Debt over Equity	-0.7	-0.74	-0.13	-0.14	-0.12	-0.09	-0.08	-0.07	-0.07	-0.14	-0.14
Growth Stability	-	-	-	-	-	-	-	-	-	-	1

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (-0.14)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (1)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	06/2015	06/2016	06/2017	06/2018	06/2019	06/2020	06/2021	06/2022	06/2023	06/2024	CAGR 5Y
Revenue YoY growth	-	-28%	-52%	53%	-39%	43%	-11%	-9%	1%	29%	-2%
Earnings YoY growth	-	43%	6%	-99%	5K%	-32%	89%	-54%	144%	-14%	-
Equity YoY growth	-	-37%	41%	-2%	19%	10%	18%	7%	17%	12%	-
FCF YoY growth	-	-	-	-	-	-	-	-	-	-	-