CSIMarket
 
Veritec Inc   (VRTC)
 

Veritec Inc's Customers Performance

VRTC



 
VRTC's Source of Revenues In the Q1, Veritec Inc 's corporate clients experienced a decline by -10.57 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -6.41 %. During the corresponding time, Veritec Inc saw a revenue deteriorated by -32.76 % year on year, sequentially revenue fell by -75.63 %. While revenue at the Veritec Inc 's corporate clients recorded rose by 2.47 % year on year, sequentially revenue fell by -3.3 %.

List of VRTC Customers




Customers of Veritec Inc saw their costs of revenue decline by -10.57 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -6.41 %, for the same period Veritec Inc revnue deteriorated by -32.76 % year on year, sequentially revenue fell by -75.63 %.

List of VRTC Customers

Veritec Inc's Business Units
Medical    23.08 % of total Revenue
Banking Customer    15.38 % of total Revenue
Associations    7.69 % of total Revenue
Education    7.69 % of total Revenue
Other revenue management fee - related party    46.15 % of total Revenue




   
Customers Net Income fell in Q1 by Customers Net margin fell to %
-6.43 % 22.7 %
Customers Net Income fell in Q1 by -6.43 %


Customers Net margin fell to 22.7 % 22.7 %



Veritec Inc's Customers, Q1 2024 Revenue Growth By Industry
Customers in Consumer Financial Services Industry      14.62 %
Customers in Miscellaneous Financial Services Industry      6.99 %
Customers in Money Center Banks Industry      10.76 %
Customers in Regional Banks Industry -1.09 %   
Customers in S&Ls Savings Banks Industry      49.32 %
Customers in Commercial Banks Industry      1.6 %
Customers in Movies and Entertainment Industry      4.29 %
Customers in Internet Services & Social Media Industry      162.73 %
Customers in Cloud Computing & Data Analytics Industry      88.81 %
     
• Customers Valuation • Customers Mgmt. Effect.


Veritec Inc's Comment on Sales, Marketing and Customers
















VRTC's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Veritec Inc 0.01 0.44 -1.14 3
Isabella Bank Corp 293.79 81.55 19.95 362
Webster Financial Corporation 12,425.40 2,743.98 1,010.42 4,601
Western Alliance Bancorporation 8,742.60 3,377.80 980.70 3,769
Westamerica Bancorporation 1,443.53 254.02 112.49 627
Valley National Bancorp 7,843.55 1,989.36 655.84 3,675
SUBTOTAL 5,360,123.02 1,434,984.51 337,268.87 2,703,140
240 more clients available

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Sources: Veritec Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Veritec Inc’s corporate clients.
For your research, we’ve provided 9 tables on Veritec Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
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