Veritec, Inc.
VRTC
Rank in Stocks
#34646
Veritec, Inc., along with its subsidiaries, operates in the United States,... Veritec, Inc., along with its subsidiaries, operates in the United States, focusing on the development, sales, licensing, and provision of services for mobile banking solutions. The company's product portfolio includes the Mobile Toggle Card program, a flexible debit-based, pre-paid, and gift card system for card issuers and sponsoring organizations. Veritec also provides blinx ON-OFF debit card-Visa prepaid card programs. Through its licensed mobile banking platform, Veritec enables card issuers and sponsors to introduce their own branded debit, pre-paid, and gift card programs, complemented by professional support services. Additionally, Veritec offers the blinxPay mobile wallet application, which serves as a payment processing system allowing users to make purchases at participating merchants using funds stored in their blinxPay virtual accounts. Its extensive mobile banking solution facilitates the processing and settlement of rewards for member card programs, adaptable to both open and closed-loop environments. Veritec also delivers crucial back-end card processing services to card-issuing institutions for a variety of cardholder transactions executed on its platform. Established in 1982, Veritec, Inc. is headquartered in Golden Valley, Minnesota.
Share Price
$0.0002
Last synced: 2026-11-06
Market Cap
$7.99K
Change (1 day)
0.00%
Change (1 year)
100.00%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Veritec, Inc. (VRTC)
Category
Technology
Operating Margin for Veritec, Inc. (VRTC)
Operating Margin as of November 2026 TTM: -110.20%
According to Veritec, Inc.'s latest financial reports, its current operating margin (TTM) is -110.20%. At the end of 2024 the company had an operating margin of -110.20%.
Operating Margin history for Veritec, Inc. from 2001 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | -110.20% | 0.00% |
| 2024 | -110.20% | -46.84% |
| 2023 | -207.30% | 27.48% |
| 2022 | -162.61% | -8.86% |
| 2021 | -178.41% | 94.39% |
| 2020 | -91.78% | -48.57% |
| 2019 | -178.47% | 141.86% |
| 2018 | -73.79% | -69.36% |
| 2017 | -240.84% | 274.38% |
| 2016 | -64.33% | 49.12% |
| 2015 | -43.14% | -243.70% |
| 2014 | 30.02% | -139.74% |
| 2013 | -75.55% | -27.96% |
| 2012 | -104.87% | 11.86% |
| 2011 | -93.75% | -44.19% |
| 2010 | -167.97% | -7.37% |
| 2009 | -181.34% | 207.30% |
| 2008 | -59.01% | 326.99% |
| 2007 | -13.82% | -144.15% |
| 2006 | 31.30% | -105.59% |
| 2005 | -559.57% | 21,588.76% |
| 2004 | -2.58% | -94.49% |
| 2003 | -46.81% | -5.72% |
| 2002 | -49.65% | -86.21% |
| 2001 | -359.92% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 27.42% | -100.25% |
DE
|
|
| 13.90% | -100.13% |
CA
|
|
| 21.39% | -100.19% |
US
|
|
| 12.47% | -100.11% |
US
|
|
| 77.44% | -100.70% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Veritec, Inc.'s operating margin
What is Veritec, Inc.'s operating margin?
Veritec, Inc.'s operating margin is -110.20%, as of Nov 2026.
What was Veritec, Inc.'s operating margin in 2024?
In 2024, Veritec, Inc.'s operating margin was -110.20%, compared with -207.30% in 2023.
How has Veritec, Inc.'s operating margin changed since 2019?
From 2019 to 2024, Veritec, Inc.'s operating margin was highest in 2020 (-91.78%) and lowest in 2023 (-207.30%).
How does Veritec, Inc.'s operating margin compare with similar companies?
Veritec, Inc.'s operating margin (-110.20%) is lower than that of all 5 similar companies listed above. The highest among them is AppLovin Corporation, with 77.44%.