Veritec Revenue, Profits - VRTC Quarterly Income Statement

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$0.08 $0 (0%) VRTC stock closing price Aug 18, 2017 (Closing)

Looking at financial statements, along with the Veritec stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is generated for a specific period of time. The revenue increase of $0.1M for 2017-Q3 impacts the VRTC stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses (also check: Veritec assets and Veritec free cash flow) as shown in the Veritec profit and loss statement 2017-Q3 total to $0.36M. This line item has increased from $0.28M compared with last quarter. View details of revenue and profits for Veritec for latest & last 40 quarters.

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Annual
Quarterly
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Fiscal year is Jul - Jun.2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q2
Veritec Net Sales or Revenues
0.1M0.09M0.07M0.31M0.08M0.09M0.2M0.23M0.17M0.4M
Cost Of Goods Sold (COGS)0.05M0.09M0.05M0.08M0.05M0.11M0.08M0.09M0.08M0.09M
Veritec Gross Profit
0.05M-0.01M0.23M0.02M-0.01M0.11M0.16M0.08M0.29M
Research & Development Expense0.06M0.01M0.01M0.02M0.01M0.02M0.01M0.02M0.02M0.02M
Selling General & Admin Expense0.25M0.18M0.17M0.18M0.17M0.15M0.22M0.3M0.21M0.26M
Income Before Depreciation Depletion Amortization-0.26M-0.19M-0.17M0.05M-0.16M-0.19M-0.13M-0.16M-0.15M-
Depreciation Depletion Amortization----------
Non Operating Income-0.48M-0.18M0.36M-------
Interest Expense0.07M0.04M0.04M0.06M0.05M0.08M0.66M0.19M0.12M0.04M
Veritec Pretax Income
-0.82M-0.42M0.14M-0.01M-0.21M-0.28M-0.79M-0.35M-0.27M-0.04M
Provision for Income Taxes----------
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-0.82M-0.43M0.14M--0.22M-0.28M-0.8M-0.35M-0.28M-0.04M
Extraordinary Items & Discontinued Operations----------
Veritec Net Income (Profit/Loss)
-0.82M-0.43M0.14M--0.22M-0.28M-0.8M-0.35M-0.28M-0.04M
Average Shares used to compute Diluted EPS39.54M39.54M39.54M33.74M39.54M39.13M16.78M-16.52M16.36M
Average Shares used to compute Basic EPS39.54M39.54M39.54M33.74M39.54M39.13M16.78M-16.52M16.36M
Income Before Nonrecurring Items-0.82M-0.43M0.14M--0.22M-0.28M-0.8M--0.28M-0.04M
Income from Nonrecurring Items----------
Veritec Earnings Per Share Basic Net
-0.02-0.01---0.01-0.01-0.05--0.02-
Veritec Earnings Per Share Diluted Net
-0.02-0.01---0.01-0.01-0.05--0.02-
EPS Diluted Before Nonrecurring Items-0.02-0.01---0.01-0.01-0.05--0.02-
Preferred Dividends Acc Pd-0.03M---------
Dividends Common----------
Dividend Per Share Common----------
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Veritec stock analysis. It helps to look at the following income statement items:
  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth (See: Veritec revenue chart) implies that the company is growing, which has been the case with Veritec. One must stay away from stocks whose revenues are declining.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $0.1M - other expenses = $-0.82M for VRTC stock. An improving bottomline implies that the company is growing profits.
The income statement is also called statement of revenue and expense. The financials along with Veritec historical stock prices provides a lot of details about the firm. .

Veritec Income Statement - Key Financial Ratios

PS ratio (
price sales ratio
)
5.5495
Operating margin
-260
Net profit margin
-820
Dividend yield
0%