Valuation: Veritec, Inc.

Market Cap 4T 3.52T 3.33T 3.02T 5.67T 4L 5.7T 39.81T 15.36T 2L 15.01T 14.68T 6L P/E 2023
-0.89x
P/E 2024 -1.32x
Enterprise Value 88.82L 78.11L 73.87L 67.01L 1.26Cr 85Cr 1.27Cr 8.84Cr 3.41Cr 43Cr 3.33Cr 3.26Cr 139.75Cr EV / Sales 2023
25.1x
EV / Sales 2024 22.3x
Free-Float
25.39%
Yield 2023 *
-
Yield 2024 -
Manager TitleAgeSince
Chief Executive Officer 81 01/01/1999
Director TitleAgeSince
Chairman 81 01/01/2009
Director/Board Member 78 01/01/1986
Change 5-day change 1-year change 3-year change Capi.($)
+60.83%+44.75% - - 8T
+0.11%+0.53%+0.55%+43.69% 50TCr
+5.05%+2.97%-25.49%-17.83% 120.52Cr
+1.76%+3.68%-31.12%-19.86% 93Cr
-2.27%+9.85%-48.63%-35.82% 67Cr
-10.15%-6.47%-9.81%+564.79% 40Cr
+2.79%+5.00%-32.43%+66.87% 37Cr
-2.57%+6.00%+78.74%+123.92% 32Cr
+3.77%-4.23%+67.39%+79.49% 24Cr
+2.33%+0.88%+64.79%+75.15% 21Cr
Average +6.13%+1.74%+7.11%+97.82% 5.57TCr
Weighted average by Cap. -0.28%+0.44%+0.44%+43.83%

Financials

2023 2024
Net sales 4L 3L 3L 3L 5L 3.42Cr 5L 35.44L 13.68L 1.74Cr 13.36L 13.08L 5.6Cr 5L 4L 4L 3L 7L 4.42Cr 7L 45.9L 17.71L 2.26Cr 17.31L 16.93L 7.25Cr
Net income -12.34L -10.85L -10.26L -9L -17.49L -12Cr -17.59L -1.23Cr -47.41L -6.04Cr -46.32L -45.32L -19Cr -10.58L -9L -9L -8L -15L -10Cr -15.08L -1.05Cr -40.65L -5.18Cr -39.72L -38.86L -17Cr
Net Debt 78.31L 68.87L 65.13L 59.08L 1.11Cr 75Cr 1.12Cr 7.8Cr 3.01Cr 38Cr 2.94Cr 2.88Cr 123.21Cr 88.78L 78.08L 73.84L 66.98L 1.26Cr 85Cr 1.27Cr 8.84Cr 3.41Cr 43Cr 3.33Cr 3.26Cr 139.69Cr
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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