Veritec Inc financial data

Symbol
VRTC on OTC
Location
1163 Kurse St, West St Paul, MN
State of incorporation
NV
Fiscal year end
June 30
Latest financial report
10-Q - Q3 2024 - Jan 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.29 % -9.14%
Debt-to-equity -101 % +0.13%
Return On Equity 11.8 % -18%
Operating Margin -130 % +43.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 40M shares 0%
Common Stock, Shares, Outstanding 39.9M shares -0.13%
Entity Public Float 305K USD 0%
Common Stock, Value, Issued 400K USD 0%
Weighted Average Number of Shares Outstanding, Basic 39.9M shares -0.13%
Weighted Average Number of Shares Outstanding, Diluted 39.9M shares -0.13%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 442K USD +41.2%
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) -574K USD +20.5%
Net Income (Loss) Attributable to Parent -1.14M USD +7.08%
Earnings Per Share, Basic -0.01 USD/shares 0%
Earnings Per Share, Diluted -0.01 USD/shares 0%

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 6K USD
Assets, Current 75K USD +19%
Accounts Payable, Current 325K USD +7.26%
Accrued Liabilities, Current 75K USD +11.9%
Contract with Customer, Liability, Current 34K USD +17.2%
Liabilities, Current 9.8M USD +12.8%
Liabilities 10.2M USD +12.8%
Retained Earnings (Accumulated Deficit) -28.7M USD -4.15%
Stockholders' Equity Attributable to Parent -10.1M USD -12.7%
Liabilities and Equity 75K USD +19%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -152K USD -10.9%
Net Cash Provided by (Used in) Financing Activities 98K USD -24%
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 39.9M shares
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 64K USD +20.8%
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%