VERITEC INC
Industrials · Services-Management Services · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $461,000 | $356,000 | $353,000 | $389,000 | $438,000 | $307,000 |
| Operating income | −$508,000 | −$738,000 | −$574,000 | −$694,000 | −$402,000 | −$547,000 |
| Net income | −$1.1M | −$1.2M | −$506,000 | −$1.1M | −$576,000 | −$849,000 |
| Total assets | — | — | — | — | — | — |
| Total liabilities | $9.9M | $8.7M | $7.5M | $7.2M | $6.1M | $5.4M |
| Equity | −$9.7M | −$8.7M | −$7.4M | −$6.9M | −$5.8M | −$5.3M |
| EPS (diluted) | $-0.03 | $-0.03 | $-0.01 | — | — | — |
| Shares out. | 39.9M | 40.0M | 40.0M | 40.0M | 39.7M | 39.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −110.2%
- Net margin
- −229.5%
- Return on equity
- 10.9%
- Return on assets
- —
- Return on capital (ROCE)
- —
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-0.24
- Revenue growth (YoY)
- 29.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 1 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Sep 30, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2024
- NT 10-Kmissed a reporting deadline ↗Sep 28, 2023
- NT 10-Kmissed a reporting deadline ↗Sep 29, 2022
- NT 10-Kmissed a reporting deadline ↗Sep 29, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Matthews Group, Llc10% owner | Sep 20, 2012 | Sell | 127,500 | $0.40 |
| Tran Van Thuy10% owner | Sep 12, 2011 | Sell | 50,000 | $0.20 |
| Johanns Lawrence J10% owner | Sep 12, 2011 | Sell | 26,682 | $0.33 |
| Matthews Group, Llc10% owner | Sep 12, 2011 | Sell | 210,000 | $0.33 |
| Johanns Lawrence J10% owner | Oct 15, 2009 | J | 291,250 | — |
| Reiling David ChristopherDirector | Jul 21, 2009 | Grant | 50,000 | $0.00 |
| Johanns Lawrence J10% owner | Jul 21, 2009 | Grant | 50,000 | $0.00 |
| Powers Laird E.Director | Jul 21, 2009 | Grant | 50,000 | $0.00 |
| Hattara Jeffrey JOfficer — Chief Executive Officer | Dec 5, 2008 | Grant | 1.0M | $0.00 |
| Powers Laird E.Director | Oct 23, 2008 | Buy | 15,000 | $0.25 |
| Fors Gerald DavidOfficer — Chief Financial Officer | Sep 26, 2007 | Grant | 2,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreementDec 19, 2022
- Director / officer changeOct 14, 2014
- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Unregistered equity saleOct 2, 2014
- Terminated a material agreementMay 3, 2013
- Director / officer changeFeb 27, 2013
- Director / officer changeSep 6, 2011
- Director / officer changeDec 15, 2010
- Amended charter or bylawsJul 8, 2010
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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