Veritec Inc financial data

Symbol
VRTC on OTC
Industry
Services-Management Services
Location
1163 Kurse St, West St Paul, MN
State of incorporation
NV
Fiscal year end
June 30
Latest financial report
10-K - Q2 2024 - Oct 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.3 % -26.5%
Debt-to-equity -101 % +0.47%
Return On Equity 11.3 % -24.9%
Operating Margin -110 % +46.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 39.9M shares -0.13%
Common Stock, Shares, Outstanding 39.9M shares -0.13%
Entity Public Float 305K USD 0%
Common Stock, Value, Issued 400K USD 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 461K USD +29.5%
Cost of Revenue 175K USD -20.1%
General and Administrative Expense 801K USD -11.2%
Costs and Expenses 976K USD -12.9%
Operating Income (Loss) -508K USD +31.2%
Net Income (Loss) Attributable to Parent -1.06M USD +14.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 0 USD
Accounts Receivable, after Allowance for Credit Loss, Current 8K USD +14.3%
Assets, Current 132K USD +78.4%
Accounts Payable, Current 268K USD -7.27%
Accrued Liabilities, Current 60K USD 0%
Contract with Customer, Liability, Current 29K USD 0%
Liabilities, Current 9.46M USD +12.8%
Liabilities 9.86M USD +12.8%
Retained Earnings (Accumulated Deficit) -28.3M USD -3.89%
Stockholders' Equity Attributable to Parent -9.73M USD -12.2%
Liabilities and Equity 132K USD +78.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -137K USD -39.8%
Net Cash Provided by (Used in) Financing Activities 129K USD -29.9%
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 39.9M shares -0.13%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 118K USD +93.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 4.59M USD +6.37%
Deferred Tax Assets, Gross 4.59M USD +6.37%
Deferred Tax Assets, Operating Loss Carryforwards 4.59M USD +6.37%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 18.1M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 540K USD +11.8%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%