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VRTC (Veritec) FCF Margin % : -58.13% (As of Jun. 2024)


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What is Veritec FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Veritec's Free Cash Flow for the three months ended in Jun. 2024 was $-0.09 Mil. Veritec's Revenue for the three months ended in Jun. 2024 was $0.16 Mil. Therefore, Veritec's FCF Margin % for the quarter that ended in Jun. 2024 was -58.13%.

As of today, Veritec's current FCF Yield % is -70.96%.

The historical rank and industry rank for Veritec's FCF Margin % or its related term are showing as below:

VRTC' s FCF Margin % Range Over the Past 10 Years
Min: -316.26   Med: -129.71   Max: -20.4
Current: -107.59

During the past 13 years, the highest FCF Margin % of Veritec was -20.40%. The lowest was -316.26%. And the median was -129.71%.

VRTC's FCF Margin % is ranked worse than
92.23% of 2766 companies
in the Software industry
Industry Median: 1.905 vs VRTC: -107.59

Veritec FCF Margin % Historical Data

The historical data trend for Veritec's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veritec FCF Margin % Chart

Veritec Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -86.76 -172.75 -191.22 -140.17 -107.59

Veritec Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -337.70 -236.21 -153.27 -75.00 -58.13

Competitive Comparison of Veritec's FCF Margin %

For the Software - Application subindustry, Veritec's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Veritec's FCF Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Veritec's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Veritec's FCF Margin % falls into.


Veritec FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Veritec's FCF Margin for the fiscal year that ended in Jun. 2024 is calculated as

FCF Margin=Free Cash Flow (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-0.496/0.461
=-107.59 %

Veritec's FCF Margin for the quarter that ended in Jun. 2024 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-0.093/0.16
=-58.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veritec FCF Margin % Related Terms

Thank you for viewing the detailed overview of Veritec's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Veritec Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Veritec Inc (OTCPK:VRTC) » Definitions » FCF Margin %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
2445 Winnetka Avenue North, Golden Valley, MN, USA, 55427
Website
https://www.veritecinc.com
Veritec Inc is engaged in the development, marketing, sales, and licensing of products and rendering of professional services. The company renders professional services related to mobile banking technology. Its mobile banking technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. The products and services offered by the company include 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. Geographically, it derives revenue from the United States.
Executives
Matthews Group, Llc 10 percent owner 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Van Thuy Tran director, 10 percent owner, officer: CEO & President 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Lawrence J Johanns 10 percent owner 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Laird E. Powers director 530 HAWTHORNE COURT, LOS ALTOS CA 94024
David Christopher Reiling director 4516 FREMONT AVENUE SOUTH, MINNEAPOLIS MN 55419
Robert W Junghans director 2 SKILLMAN LANE, NORTH OAKS MN 55127
Jeffrey J Hattara officer: Chief Executive Officer 319 BARRY AVENUE SOUTH, SUITE 300, WAYZATA MN 55391
Gerald David Fors officer: CFO 7321-15TH AVE. SO., RICHFIELD MN 55423
Larry Matthews director 7601 5TH AVE., RICHFIELD MN 55423
Charles E Boyer director

Veritec Headlines

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