VERITEC INC financial data

Location
West St Paul, MN
Fiscal year end
30 June
Latest financial report
10-Q - Q3 2024 - 14 Jan 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1% % -9.1%
Debt-to-equity -101% % 0.13%
Return On Equity 12% % -18%
Operating Margin -130% % 44%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 39,988,007 shares 0%
Common Stock, Shares, Outstanding 39,938,007 shares -0.12%
Common Stock, Value, Issued $400,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 39,938,007 shares -0.12%
Weighted Average Number of Shares Outstanding, Diluted 39,938,007 shares -0.12%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $442,000 USD 41%
Cost of Revenue $175,000 USD -20%
General and Administrative Expense $801,000 USD -11%
Costs and Expenses $976,000 USD -13%
Operating Income (Loss) $574,000 USD 20%
Net Income (Loss) Attributable to Parent $1,142,000 USD 7.1%
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 $6,000 USD
Assets, Current $75,000 USD 19%
Accounts Payable, Current $325,000 USD 7.3%
Accrued Liabilities, Current $75,000 USD 12%
Contract with Customer, Liability, Current $34,000 USD 17%
Liabilities, Current $9,795,000 USD 13%
Liabilities $10,193,000 USD 13%
Retained Earnings (Accumulated Deficit) $28,674,000 USD -4.1%
Stockholders' Equity Attributable to Parent $10,118,000 USD -13%
Liabilities and Equity $75,000 USD 19%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $152,000 USD -11%
Net Cash Provided by (Used in) Financing Activities $98,000 USD -24%
Common Stock, Shares Authorized 150,000,000 shares 0%
Common Stock, Shares, Issued 39,938,007 shares
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $64,000 USD 21%
Interest Paid, Excluding Capitalized Interest, Operating Activities $0 USD
Deferred Tax Assets, Valuation Allowance $4,590,000 USD 6.4%
Deferred Tax Assets, Gross $4,590,000 USD 6.4%
Deferred Tax Assets, Operating Loss Carryforwards $4,590,000 USD 6.4%
Preferred Stock, Shares Authorized 10,000,000 shares 0%
Additional Paid in Capital $18,143,000 USD 0%
Deferred Tax Assets, Net of Valuation Allowance $0 USD
Interest Expense $540,000 USD 12%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%