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Veritec Inc logo

VRTC - Veritec Inc Share Price

$0.06 0.0  0.0%

Last Trade - 16/04/21

Sector
Technology
Size
Micro Cap
Market Cap £1.71m
Enterprise Value £5.54m
Revenue £305k
Position in Universe 6663rd / 6852
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +44.1%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -39.4%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.95 0.68 0.33 0.50 0.31 0.44 -14.3%
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 31 December 2020, VeritecInc revenues decreased 6% to $213K. Net loss increased from$184K to $538K. Revenues reflect Management feerevenue-related party decrease of 5% to $167K, Mobilebanking technology revenue decrease of 10% to $46K. Highernet loss reflects Gain on extinguishment of convertible nodecrease from $167K (income) to $0K, Selling/General/AdminExpense increase of 49% to $448K (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

VRTC Revenue Unlock VRTC Revenue

Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
VRTC EPS Forecasts Unlock VRTC Revenue
Profile Summary

Veritec, Inc. (Veritec) 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. These programs may also be referred to as the mobile toggle card (MTC) or the blinx ON-OFF Prepaid Card programs. The Veritec Prepaid Card Program provides services to the sponsor bank. These services include program management, promotion and marketing, application processing, fraud monitoring, accounts reconciliation and dispute resolution. In addition to the MTC and blinx ON-OFF branded program, the Company enables card issuers and sponsors to issue debit, pre-paid and gift cards under their own branded programs through licensed use of the mobile banking platform and the Company's provision of related professional services.

Directors
Last Annual June 30th, 2020
Last Interim December 31st, 2020
Incorporated September 8, 1982
Public Since March 28, 1996
No. of Shareholders: n/a
No. of Employees: 5
Sector Technology
Industry Software & IT Services
Index
Exchange Pink Sheets on Nasdaq
Shares in Issue 39,738,007
Free Float (0.0%)
Eligible for
× ISAs
SIPPs
VRTC Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
Avg Volume
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Range (12m)
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Latest News for VRTC
Upcoming Events for VRTC
Frequently Asked Questions for Veritec Inc
What is the Veritec Inc share price?

As of 16/04/21, shares in Veritec Inc are trading at $0.06, giving the company a market capitalisation of £1.71m. This share price information is delayed by 15 minutes.

How has the Veritec Inc share price performed this year?

Shares in Veritec Inc are currently trading at $0.06 and the price has moved by 20% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Veritec Inc price has moved by -20.52% over the past year.

What are the analyst and broker recommendations for Veritec Inc?

There are no analysts currently covering Veritec Inc.

When will Veritec Inc next release its financial results?

Veritec Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Veritec Inc dividend yield?

Veritec Inc does not currently pay a dividend.

Does Veritec Inc pay a dividend?

Veritec Inc does not currently pay a dividend.

When does Veritec Inc next pay dividends?

Veritec Inc does not currently pay a dividend.

How do I buy Veritec Inc shares?

To buy shares in Veritec Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Veritec Inc?

Shares in Veritec Inc are currently trading at $0.06, giving the company a market capitalisation of £1.71m.

Where are Veritec Inc shares listed? Where are Veritec Inc shares listed?

Here are the trading details for Veritec Inc:

Country of listing: United States
Exchange: PNK
Ticker Symbol: VRTC
What kind of share is Veritec Inc?

Based on an overall assessment of its quality, value and momentum, Veritec Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Veritec Inc share price forecast 2021?

We were not able to load any forecast data for Veritec Inc.

How can I tell whether the Veritec Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Veritec Inc. Over the past six months, the relative strength of its shares against the market has been 22.18%. At the current price of $0.06, shares in Veritec Inc are trading at 21.84% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Veritec Inc PE Ratio?

We were not able to find PE ratio data for Veritec Inc.

Who are the key directors of Veritec Inc?

Veritec Inc's management team is headed by:

Van Thuy Tran - CHM
Laird Powers - IND
Steve Handy - IND
Who are the major shareholders of Veritec Inc?

Here are the top five shareholders of Veritec Inc based on the size of their shareholding:

Tran (Van Thuy) Individual Investor
Percentage owned: 37.51% (14.9m shares)
Johanns (Lawrence J) Individual Investor
Percentage owned: 36.93% (14.7m shares)
Powers (Laird E) Individual Investor
Percentage owned: 0.64% (253k shares)
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