Valuation : Veritec, Inc.

Market Cap 4T 3.44T 3.24T 2.96T 5.53T 4L 5.55T 38.25T 14.84T 2L 15.01T 14.69T 6L P/E 2023
-0.89x
P/E 2024 -1.32x
Enterprise Value 88.82L 76.43L 71.91L 65.69L 1.23Cr 84Cr 1.23Cr 8.5Cr 3.3Cr 43Cr 3.34Cr 3.26Cr 138.61Cr 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
-1.11%-2.70%-2.76%+39.38% 51TCr
+2.15%-4.04%-31.30%-30.22% 112.69Cr
+2.92%+3.81%-28.59%-25.02% 94Cr
+0.38%+1.15%-56.56%-46.25% 57Cr
+8.38%-2.35%+22.06%+74.83% 40Cr
+12.10%+10.33%-6.67%+447.35% 29Cr
+1.51%-1.88%+70.78%+100.77% 28Cr
+0.97%+0.97%+61.20%+58.39% 23Cr
+0.19%-2.35%+2.67%-6.48% 20Cr
Average +8.83%+0.61%+3.42%+68.08% 5.75TCr
Weighted average by Cap. -1.08%-1.00%-2.84%+39.29%

Financials

2023 2024
Net sales 4L 3L 3L 3L 5L 3.36Cr 5L 34.06L 13.22L 1.72Cr 13.37L 13.08L 5.56Cr 5L 4L 4L 3L 6L 4.35Cr 6L 44.1L 17.11L 2.23Cr 17.31L 16.93L 7.19Cr
Net income -12.34L -10.62L -10L -9L -17.07L -12Cr -17.12L -1.18Cr -45.81L -5.98Cr -46.34L -45.33L -19Cr -10.58L -9L -9L -8L -14.64L -9.99Cr -14.68L -1.01Cr -39.28L -5.13Cr -39.73L -38.86L -17Cr
Net Debt 78.31L 67.39L 63.4L 57.92L 1.08Cr 74Cr 1.09Cr 7.49Cr 2.91Cr 38Cr 2.94Cr 2.88Cr 122.21Cr 88.78L 76.4L 71.88L 65.66L 1.23Cr 84Cr 1.23Cr 8.49Cr 3.3Cr 43Cr 3.33Cr 3.26Cr 138.55Cr
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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