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Private company

VERITEC INC

VERITEC INC is an American management services company, incorporated in Nevada.1 It is headquartered in West St Paul, Minnesota.1

Last updated Oct 21, 2026.

Overview

$461.0KRevenue, fiscal 20242
-$1.1MNet income, fiscal 20242
  • IndustryServices-Management Services1
  • HeadquartersWest St Paul, Minnesota1
  • Incorporated inNV3
  • Business address1163 Kurse St, West St Paul, Mn 551183
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-110.2%Operating margin2
-229.5%Net margin2
29.5%Revenue growth, 20242

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Selling, general and admin100¢$796.0K

Out of $461.0K in revenue.2 The company lost money this year.

Financial statements

Revenue4567892$461.0K in 2024+42% since 2017
0$200.0K$400.0K$600.0K2017: $325.5K$325.5K20172018: $498.5K$498.5K2018+53%2019: $307.0K$307.0K2019−38%2020: $438.0K$438.0K2020+43%2021: $389.0K$389.0K2021−11%2022: $353.0K$353.0K2022−9%2023: $356.0K$356.0K2023+1%2024: $461.0K$461.0K2024+29%
Gross profit4567$167.0K in 2021+157% since 2017
0$100.0K$200.0K$300.0K2017: $64.9K$64.9K20172018: $251.1K$251.1K2018+287%2019: $77.0K$77.0K2019−69%2020: $228.0K$228.0K2020+196%2021: $167.0K$167.0K2021−27%
Operating income4567892-$508.0K in 2024−35% since 2017
-$800.0K-$600.0K-$400.0K-$200.0K02017: -$784.0K-$784.0K20172018: -$367.9K-$367.9K2018−53%2019: -$547.0K-$547.0K2019+49%2020: -$402.0K-$402.0K2020−27%2021: -$694.0K-$694.0K2021+73%2022: -$574.0K-$574.0K2022−17%2023: -$738.0K-$738.0K2023+29%2024: -$508.0K-$508.0K2024−31%
Net income4567892-$1.1M in 2024−23% since 2017
-$1.5M-$1.0M-$500.0K02017: -$1.4M-$1.4M20172018: -$18.2K-$18.2K2018−99%2019: -$849.0K-$849.0K2019+4562%2020: -$576.0K-$576.0K2020−32%2021: -$1.1M-$1.1M2021+89%2022: -$506.0K-$506.0K2022−54%2023: -$1.2M-$1.2M2023+144%2024: -$1.1M-$1.1M2024−14%
Fiscal year20172018201920202021202220232024
Revenue$325.5K4$498.5K5$307.0K6$438.0K7$389.0K8$353.0K9$356.0K2$461.0K2
Cost of revenue$260.6K4$247.4K5$230.0K6$210.0K7$222.0K8$199.0K9$211.0K9
Gross profit$64.9K4$251.1K5$77.0K6$228.0K7$167.0K7
Research and development$93.0K4$30.0K5$19.0K6$06
Selling, general and admin$883.0K2$796.0K2
Operating expenses$927.0K9$1.1M2$969.0K2
Operating income-$784.0K4-$367.9K5-$547.0K6-$402.0K7-$694.0K8-$574.0K9-$738.0K2-$508.0K2
Interest$404.5K4$253.4K5$302.0K6$341.0K7$397.0K8$447.0K9$496.0K9
Income tax$08$09$02$02
Net income-$1.4M4-$18.2K5-$849.0K6-$576.0K7-$1.1M8-$506.0K9-$1.2M2-$1.1M2
Earnings per share-$0.019-$0.032-$0.032
Earnings per share (diluted)-$0.019-$0.032-$0.032
Shares (weighted, basic)40.0M shares940.0M shares240.0M shares2
Shares (weighted, diluted)40.0M shares940.0M shares240.0M shares2

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What it owns

What VERITEC INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$02 Jun 30, 2024$02 Jun 30, 2023

Leadership

Who has led VERITEC INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Van Thuy Tran2006
  2. Jeffrey J. Hattara2008–2009

President

  1. Van Thuy Tran2006

Chief financial officer

  1. Gerald David Fors2007
2010201520202025
Board members and other officers (4)

Timeline

  1. Dec 19, 20228-K Entered a material agreement20
  2. Dec 15, 2008New chief executive Jeffrey J. Hattara becomes CEO14
  3. Jun 22, 2006New chief executive Van Thuy Tran becomes CEO15

Filings

20 filings to the SEC since October 2021: 4 annual reports, 10 quarterly reports, 1 major events, 5 other. The latest 20:

  1. Jan 14, 202510-Q EDGAR
  2. Oct 10, 202410-K EDGAR
  3. Sep 30, 2024NT 10-K EDGAR
  4. May 20, 202410-Q EDGAR
  5. May 15, 2024NT 10-Q EDGAR
  6. Feb 20, 202410-Q EDGAR
  7. Feb 14, 2024NT 10-Q EDGAR
  8. Nov 14, 202310-Q EDGAR
  9. Oct 13, 202310-K EDGAR
  10. Sep 28, 2023NT 10-K EDGAR
  11. May 11, 202310-Q EDGAR
  12. Feb 14, 202310-Q EDGAR
  13. Dec 19, 20228-K EDGAR
  14. Nov 2, 202210-Q EDGAR
  15. Oct 7, 202210-K EDGAR
  16. Sep 29, 2022NT 10-K EDGAR
  17. May 2, 202210-Q EDGAR
  18. Feb 4, 202210-Q EDGAR
  19. Nov 12, 202110-Q EDGAR
  20. Oct 8, 202110-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How VERITEC INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVERITEC INC1
  • CIK0000773318
  • Employer ID (EIN)95-39543731
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNevada1
  • Fiscal year endsJune 301
  • Industry code (SIC)8741 Services-Management Services1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address1163 Kurse St, West St Paul, MN 551181
  • Phone65155292151
  • Shares outstanding39,988,007 as of Dec 23, 202412
  • Public float$305.0K as of Dec 31, 20232
  • On EDGAR sinceMay 5, 19991
  • Filings242 in all: 10-Q (49), 8-K (41), 10QSB (39), 4 (21), 10-K (17), NT 10-Q (14), NT 10-K (12), 10KSB (10)1
    All 21 form types

    3 (7), UPLOAD (7), 10QSB/A (5), CORRESP (5), 10-Q/A (4), 10KSB/A (3), 10-K/A (2), 8-K/A (1), DEF 14A (1), NTN 10K (1), PRE 14A (1), SC 13D (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Oct 10, 2024
    Quarterly report (10-Q) Jan 14, 2025
    Proxy statement (DEF 14A) Feb 7, 2007
    Latest 8-K (8-K) Dec 19, 2022

Sources

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