Valuation: Veritec, Inc.

Market Cap 4K 3.52K 3.33K 3.02K 5.67K 384K 5.7K 39.81K 15.36K 196K 15.01K 14.68K 629K P/E 2023
-0.89x
P/E 2024 -1.32x
Enterprise Value 8.88M 7.81M 7.39M 6.7M 12.59M 852M 12.66M 88.43M 34.12M 435M 33.34M 32.62M 1.4B EV / Sales 2023
25.1x
EV / Sales 2024 22.3x
Free-Float
25.39%
Yield 2023 *
-
Yield 2024 -
Manager TitleAgeSince
Chief Executive Officer 81 1998-12-31
Director TitleAgeSince
Chairman 81 2008-12-31
Director/Board Member 78 1985-12-31
Change 5-day change 1-year change 3-year change Capi.($)
+60.83%+44.75% - - 8K
+0.11%+0.53%+0.55%+43.69% 497B
+5.05%+2.97%-25.49%-17.83% 1.21B
+1.76%+3.68%-31.12%-19.86% 934M
-2.27%+9.85%-48.63%-35.82% 665M
-10.15%-6.47%-9.81%+564.79% 396M
+2.79%+5.00%-32.43%+66.87% 369M
-2.57%+6.00%+78.74%+123.92% 321M
+3.77%-4.23%+67.39%+79.49% 239M
+2.33%+0.88%+64.79%+75.15% 209M
Average +6.09%+1.74%+7.11%+97.82% 55.73B
Weighted average by Cap. -0.60%+0.44%+0.44%+43.83%

Financials

2023 2024
Net sales 356K 313K 296K 269K 505K 34.17M 507K 3.54M 1.37M 17.43M 1.34M 1.31M 56.05M 461K 405K 383K 348K 654K 44.24M 657K 4.59M 1.77M 22.58M 1.73M 1.69M 72.58M
Net income -1.23M -1.09M -1.03M -931K -1.75M -118M -1.76M -12.29M -4.74M -60.43M -4.63M -4.53M -194M -1.06M -930K -880K -798K -1.5M -102M -1.51M -10.53M -4.06M -51.81M -3.97M -3.89M -167M
Net Debt 7.83M 6.89M 6.51M 5.91M 11.1M 752M 11.16M 77.97M 30.09M 384M 29.4M 28.76M 1.23B 8.88M 7.81M 7.38M 6.7M 12.59M 852M 12.65M 88.39M 34.11M 435M 33.33M 32.61M 1.4B
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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