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OTCM
VRTC
Market cap3kUSD
Nov 24, Last price  
0.00USD
Name

Veritec Inc

Chart & Performance

D1W1MN
OTCM:VRTC chart
P/E
P/S
0.01
EPS
Div Yield, %
Shrs. gr., 5y
0.22%
Rev. gr., 5y
8.50%
Revenues
461k
+29.49%
1,617,4982,362,4842,205,5661,332,700904,178941,586885,406586,784720,1721,635,363945,807681,088325,536498,481306,529438,000389,000353,000356,000461,000
Net income
-1m
L-14.26%
-9,399,31310,112,971-261,203-768,879-1,658,625-1,721,393-990,197-846,461-821,572302,053-907,474-1,298,088-1,369,807-18,210-849,403-917,000-1,488,0009,000-1,234,000-1,058,000
CFO
-496k
L-0.60%
334,500471,908350,406-681,454-1,025,843-962,456-91,619-471,54699,765291,760-192,903-812,094-1,030,580-506,919-450,101-380,000-672,000-675,000-499,000-496,000

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Profile

Veritec, Inc., together with its subsidiaries, engages in the development, sale, and licensing of products; and provision of services related to mobile banking solutions in the United States. The company offers Mobile Toggle Card program, a debit based, pre-paid, and gift card solution to debit card issuers and sponsoring organizations; and blinx ON-OFF debit card-Visa prepaid card programs. It also enables card issuers and sponsors to issue debit, pre-paid, and gift cards under their own branded programs through the licensed use of the mobile banking platform; and provides related professional services. In addition, the company offers blinxPay mobile wallet application, a payment processing system that enables customers to make purchases at participating merchants using funds loaded into their blinxPay virtual account. Further, its mobile banking solution enables member card programs to process and settle member rewards in open or closed loop processing environment, as well as offers back-end card processing services to the card issuing institutions for various cardholder transactions on the licensed platform. The company was incorporated in 1982 and is based in Golden Valley, Minnesota.
IPO date
Sep 04, 1997
Employees
7
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
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