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Veritec, Inc. (VRTC)

USD0.00 +0.00 (+0.00%)
US OTC Technology Software - Application
Address 2445 Winnetka Avenue North 55427
Golden Valley, MN, US
CEO Van Thuy Tran
IPO 2004-05-18
CIK 773318 ISIN US9234373051

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Description

Veritec, Inc., along with its subsidiaries, operates in the United States, focusing on the development, sales, licensing, and provision of services for mobile banking solutions. The company's product portfolio includes the Mobile Toggle Card program, a flexible debit-based, pre-paid, and gift card system for card issuers and sponsoring organizations. Veritec also provides blinx ON-OFF debit card-Visa prepaid card programs. Through its licensed mobile banking platform, Veritec enables card issuers and sponsors to introduce their own branded debit, pre-paid, and gift card programs, complemented by professional support services. Additionally, Veritec offers the blinxPay mobile wallet application, which serves as a payment processing system allowing users to make purchases at participating merchants using funds stored in their blinxPay virtual accounts. Its extensive mobile banking solution facilitates the processing and settlement of rewards for member card programs, adaptable to both open and closed-loop environments. Veritec also delivers crucial back-end card processing services to card-issuing institutions for a variety of cardholder transactions executed on its platform. Established in 1982, Veritec, Inc. is headquartered in Golden Valley, Minnesota.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.00 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
12.1K
Beta
0.29
Float Shares
10.15M
Free Float %
25.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% +0.00% +0.00% +0.00% +0.00% +0.00% -99.63% -99.83% -99.90% -99.98%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.00
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-710.13
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
1 / 10
No MOAT
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    +29.5% Q3'24: -32.8% (vs Q3'23)
  • EPS growth Software - Application: +28.6%
    +14.2% Q3'24: -27.3% (vs Q3'23)
  • FCF margin FCF growth · Software - Application: +45.3%
    -227.1% Q3'24: -389.7% (vs Q3'23)
  • EBIT margin Software - Application: +9.4%
    -110.2% Q3'24: -617.9% (vs Q3'23)
  • ROIC Software - Application: +7.5%
    Q3'24: +102.6% (vs Q3'23)
  • Share dilution Software - Application: +0.0%
    0.0% Q3'24: -0.1% (vs Q3'23)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    -17.71× Q3'24: -9.59× (vs Q3'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.30) × ERP
WACC = 0% × Ke + 100% × Kd (6.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-675.0K
OE per share TTM
-0.02
Owner's Yield
-16,901.25%
Maintenance CapEx ratio
0.00%
Maint CapEx / Avg PPE
0.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Ratio by volume
0.00
Bearish
Buys
0
Sells
4
Shares acquired
Shares disposed
488.6K
Cash buys
Cash sales
4.00
Net activity
-488,590
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2012-09-21 Matthews Group, LLC 10% Owner S-Sale D Hoffman Family Revocable Living Trust 45,000 0.40 18.0K 7,784,628
2012-09-20 Matthews Group, LLC 10% Owner S-Sale D Pauline K. Finstad 127,500 0.40 51.0K 8,145,718
2011-09-12 Tran Van Thuy 10% Owner S-Sale D Common Stock 50,000 0.20 10.0K 79,250
2011-09-12 Matthews Group, LLC Director S-Sale D Common Stock 210,000 0.33 69.3K 8,273,218
2011-09-12 Johanns Lawrence J 10% Owner S-Sale D Common Stock 26,682 0.33 8.8K 0
2009-10-15 Johanns Lawrence J 10% Owner J-Other D Common Stock 291,250 0.00 26,682
2009-07-21 Reiling David Christopher Director D Common Stock 0 0.00 0
2009-07-21 Powers Laird E. Director A-Award A Common Stock 50,000 0.00 411,815
2009-07-21 Johanns Lawrence J 10% Owner A-Award A Common Stock 50,000 0.00 129,250
2009-07-21 JUNGHANS Robert W Director D Common Stock 0 0.00 0
2009-07-21 Hattara Jeffrey J Officer P-Purchase A Convertible Promissory Note 0 0.33 75,757
2008-12-05 Hattara Jeffrey J Officer A-Award A Common Stock, $.01 par value 1,000,000 0.00 1,000,000
2008-10-28 Powers Laird E. Director P-Purchase A Common Stock 10,000 0.40 4.0K 361,815
2008-10-23 Powers Laird E. Director P-Purchase A Common Stock 15,000 0.25 3.8K 351,815
2008-03-04 Powers Laird E. Director D Common Stock 0 0.00 336,815
2007-09-26 Fors Gerald David Officer A-Award A Common Stock 2,000 0.00 7,000
2007-06-16 Matthews Larry Director D Common Stock 0 0.00 50,000
2007-06-16 Fors Gerald David Officer D Common Stock 0 0.00 5,000
2007-05-17 Matthews Group, LLC 10% Owner S-Sale D Common Stock 50,000 1.00 50.0K 8,483,218
2007-05-16 Fors Gerald David Officer A-Award A Stock Option (right to buy) 30,000 0.51 15.3K 60,000
2006-06-20 Tran Van Thuy Director / Officer / 10% Owner S-Sale D Common Stock 256,410 0.39 100.0K 8,687,468
2006-05-16 Fors Gerald David Officer A-Award A Stock Option (right to buy) 30,000 2.04 61.2K 30,000
2005-01-25 Tran Van Thuy Director / Officer / 10% Owner S-Sale D Common Stock 116,708 0.25 29.2K 8,943,878
2005-01-25 Matthews Group, LLC 10% Owner S-Sale D Common Stock 116,708 0.25 29.2K 8,789,628
2005-01-25 Johanns Lawrence J 10% Owner S-Sale D Common Stock 116,708 0.25 29.2K 9,107,560
2004-12-31 Tran Van Thuy Director / Officer / 10% Owner C-Conversion D Series H Preferred Stock 75,000 0.73 54.8K 0
2004-12-31 Matthews Group, LLC 10% Owner C-Conversion D Convertible Promissory 0 0.25 0
2004-12-31 Johanns Lawrence J 10% Owner C-Conversion A Common Stock 750,000 0.73 547.5K 9,224,268
2003-08-12 BOYER CHARLES E Director A-Award A Common Stock 25,000 0.19 4.8K 25,000

Executive team

Top executives
EBIT / Employee
-72.6K
Shares Outstanding
39.94M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2025-01-14 10-Q
2024-10-10 10-K
2024-09-30 NT 10-K
2024-05-20 10-Q
2024-05-15 NT 10-Q
2024-02-20 10-Q
2024-02-14 NT 10-Q
2023-11-14 10-Q
2023-10-13 10-K
2023-09-28 NT 10-K

Executive team

NameTitleCompensationGender
Van Thuy Tran Executive Chairwoman, Chief Executive Officer & Treasurer 150.0K female
Barry ZeVan Vice President of Marketing & Sales and Vice President of Public Relations male
Sam Rollins President male
ESG Rating
B
SOFTWARE - APPLICATION
2020
E (Environmental)
50.0 / 66.0
Company / Sector avg.
S (Social)
72.5 / 69.5
Company / Sector avg.
G (Governance)
72.1 / 67.5
Company / Sector avg.
ESG Total
64.9 / 67.7
Company / Sector avg.
ESG Score History SOFTWARE - APPLICATION
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits