Valuation : Veritec, Inc.

Market Cap 4K 3.44K 3.23K 2.95K 5.51K 378K 5.56K 38.19K 14.87K 193K 15.01K 14.69K 622K P/E 2023
-0.89x
P/E 2024 -1.32x
Enterprise Value 8.88M 7.64M 7.17M 6.56M 12.25M 840M 12.34M 84.84M 33.04M 429M 33.35M 32.63M 1.38B EV / Sales 2023
25.1x
EV / Sales 2024 22.3x
Free-Float
25.39%
Yield 2023 *
-
Yield 2024 -
Manager TitleAgeSince
Chief Executive Officer 81 31/12/1998
Director TitleAgeSince
Chairman 81 31/12/2008
Director/Board Member 78 31/12/1985
Change 5-day change 1-year change 3-year change Capi.($)
+60.83%+44.75% - - 8K
-0.41%-1.02%-1.28%+40.94% 513B
-2.40%+3.33%-34.24%-30.23% 1.13B
-1.23%+0.87%-31.83%-24.63% 937M
-3.65%+6.88%-56.86%-45.45% 570M
-0.75%-3.51%+12.53%+60.24% 404M
+12.10%+10.33%-6.67%+447.35% 286M
+1.51%-1.88%+70.78%+100.77% 277M
-6.49%-0.14%+59.65%+54.51% 232M
+0.19%+3.18%+3.39%-7.08% 203M
Average +6.00%-2.02%+1.72%+66.27% 57.46B
Weighted average by Cap. -0.16%-1.74%-1.39%+40.83%

Financials

2023 2024
Net sales 356K 306K 287K 263K 491K 33.65M 495K 3.4M 1.32M 17.2M 1.34M 1.31M 55.39M 461K 397K 372K 341K 636K 43.58M 641K 4.4M 1.71M 22.27M 1.73M 1.69M 71.72M
Net income -1.23M -1.06M -996K -912K -1.7M -117M -1.71M -11.79M -4.59M -59.61M -4.63M -4.53M -192M -1.06M -910K -854K -782K -1.46M -100M -1.47M -10.11M -3.94M -51.11M -3.97M -3.89M -165M
Net Debt 7.83M 6.74M 6.32M 5.78M 10.8M 740M 10.88M 74.8M 29.13M 378M 29.41M 28.77M 1.22B 8.88M 7.64M 7.17M 6.56M 12.24M 839M 12.34M 84.8M 33.02M 429M 33.34M 32.61M 1.38B
Logo Veritec, Inc.
Veritec, Inc. is primarily engaged in the development, sales, and licensing of products and providing services related to its mobile banking solutions. The Company, as a Cardholder Independent Sales Organization, is able to promote and sell Visa-branded card programs. The Company, as a third-party servicer, provides back-end cardholder transaction processing services for Visa-branded card programs on behalf of its sponsoring bank. The Company manages all facets of The Matthews Group’s Barcode Technology operations. Its products include Mobile Toggle Card (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. With an MTC card, the cardholders are empowered to combat unpermitted and fraudulent use of their debit cards by toggling their cards on and off with their mobile phones. The Company's blinxPay is a secure payment processing system and mobile app.
Employees
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