Valuation: Veritec, Inc.

Market Cap 4K 3.47K 3.22K 2.97K 5.6K 382K 5.7K 38.18K 14.95K 190K 15.01K 14.69K 637K P/E 2023
-0.89x
P/E 2024 -1.32x
Enterprise Value 8.88M 7.71M 7.16M 6.61M 12.45M 848M 12.67M 84.82M 33.21M 421M 33.35M 32.62M 1.42B EV / Sales 2023
25.1x
EV / Sales 2024 22.3x
Free-Float
25.39%
Yield 2023 *
-
Yield 2024 -
Manager TitleAgeSince
Chief Executive Officer 81 01/01/1999
Director TitleAgeSince
Chairman 81 01/01/2009
Director/Board Member 78 01/01/1986
Change 5-day change 1-year change 3-year change Capi.($)
+60.83%+44.75% - - 8K
+1.23%+9.00%+3.39%+46.61% 498B
-4.70%+12.32%-22.82%-34.62% 1.13B
+0.42%+4.62%-30.36%-31.74% 863M
-3.88%+2.76%-59.31%-54.30% 497M
+0.36%-5.05%-33.18%+26.74% 292M
+0.73%-2.53%-19.18%+273.74% 231M
-0.26%-3.90%+40.63%+56.69% 218M
+2.43%+0.43%-15.00%-13.42% 166M
+0.96%-4.83%-7.08%-16.22% 144M
Average +5.81%+1.75%-15.88%+28.16% 55.7B
Weighted average by Cap. +1.21%+5.90%+3.18%+46.25%

Financials

2023 2024
Net sales 356K 309K 287K 265K 499K 33.99M 508K 3.4M 1.33M 16.88M 1.34M 1.31M 56.76M 461K 400K 372K 343K 646K 44.01M 658K 4.4M 1.72M 21.86M 1.73M 1.69M 73.51M
Net income -1.23M -1.07M -995K -918K -1.73M -118M -1.76M -11.78M -4.61M -58.51M -4.63M -4.53M -197M -1.06M -919K -853K -787K -1.48M -101M -1.51M -10.1M -3.96M -50.16M -3.97M -3.89M -169M
Net Debt 7.83M 6.8M 6.32M 5.83M 10.97M 748M 11.17M 74.78M 29.28M 371M 29.41M 28.76M 1.25B 8.88M 7.71M 7.16M 6.6M 12.44M 848M 12.67M 84.78M 33.19M 421M 33.34M 32.61M 1.42B
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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