As of June 21, 2025, Veritec Inc (VRTC) reports a Net Margin of -229.50%.
Net Margin shows the share of revenue that becomes profit after all costs, reflecting overall profitability.
Historical Trend of Veritec Inc's Net Margin
Over recent years, Veritec Inc's Net Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Net Margin |
|---|---|
| 2024-06-30 | -229.50% |
| 2023-06-30 | -346.63% |
| 2022-06-30 | -143.34% |
| 2021-06-30 | -280.46% |
| 2020-06-30 | -131.51% |
This slight downward trend highlights how Veritec Inc manages its overall profitability and cost control over time.
Comparing Veritec Inc's Net Margin to Peers
To better understand Veritec Inc's position, it's useful to compare its Net Margin against industry peers. Below are selected comparisons:
| Company | Net Margin |
|---|---|
| Veritec Inc (VRTC) | -229.50% |
| Immersion Corp (IMMR) | 100.17% |
| Wonhe High-Tech International Inc (WHHT) | 10.74% |
| CPI Card Group Inc (PMTS) | 4.06% |
| iGO Inc (IGOI) | 1.75% |
| NCR Corp (NCR) | 0.76% |
Compared to its competitors, Veritec Inc's Net Margin is among the lowest compared to peers, which may indicate challenges in controlling expenses or competitive pricing pressures.