Veritec, Inc. (VRTC)
Golden Valley, MN, US
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% | -99.63% | -99.83% | -99.90% | -99.98% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
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Revenue growth Software - Application: +13.0%+29.5% ★ Q3'24: -32.8% (vs Q3'23)
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EPS growth Software - Application: +28.6%+14.2% Q3'24: -27.3% (vs Q3'23)
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FCF margin FCF growth · Software - Application: +45.3%-227.1% Q3'24: -389.7% (vs Q3'23)
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EBIT margin Software - Application: +9.4%-110.2% Q3'24: -617.9% (vs Q3'23)
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ROIC Software - Application: +7.5%— Q3'24: +102.6% (vs Q3'23)
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Share dilution Software - Application: +0.0%0.0% ★ Q3'24: -0.1% (vs Q3'23)
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Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×-17.71× Q3'24: -9.59× (vs Q3'23)
* 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.
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
| 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
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| 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 |
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for VRTC
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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