Veritec (VRTC) Net Margin (2016 - 2024)
Veritec has reported Net Margin over the past 15 years, most recently at 1000.0% for Q3 2024.
- Quarterly results put Net Margin at 1000.0% for Q3 2024, down 47241.0% from a year ago — trailing twelve months through Sep 2024 was 258.37% (up 13428.0% YoY), and the annual figure for FY2024 was 229.5%, up 11713.0%.
- Net Margin for Q3 2024 was 1000.0% at Veritec, down from 130.62% in the prior quarter.
- Over the last five years, Net Margin for VRTC hit a ceiling of 125.76% in Q2 2022 and a floor of 1354.17% in Q3 2020.
- Median Net Margin over the past 5 years was 260.0% (2022), compared with a mean of 371.83%.
- Biggest five-year swings in Net Margin: plummeted -137365bps in 2020 and later surged 115417bps in 2021.
- Veritec's Net Margin stood at 160.15% in 2020, then grew by 5bps to 151.85% in 2021, then plummeted by -67bps to 254.21% in 2022, then grew by 14bps to 219.63% in 2023, then tumbled by -355bps to 1000.0% in 2024.
- The last three reported values for Net Margin were 1000.0% (Q3 2024), 130.62% (Q2 2024), and 226.47% (Q1 2024) per Business Quant data.