Balance Sheet
Cash Flow Statement
Growth Metrics
Income Statement
Others
Ratios

Veritec (VRTC) Operating Expenses (2016 - 2024)

Veritec has reported Operating Expenses over the past 15 years, most recently at $280000.0 for Q3 2024.

  • Quarterly results put Operating Expenses at $280000.0 for Q3 2024, up 20.17% from a year ago — trailing twelve months through Sep 2024 was $1.0 million (down 1.84% YoY), and the annual figure for FY2024 was $969000.0, down 11.43%.
  • Operating Expenses for Q3 2024 was $280000.0 at Veritec, up from $230000.0 in the prior quarter.
  • Over the last five years, Operating Expenses for VRTC hit a ceiling of $451000.0 in Q2 2021 and a floor of $163000.0 in Q1 2020.
  • Median Operating Expenses over the past 5 years was $237000.0 (2023), compared with a mean of $246473.7.
  • Biggest five-year swings in Operating Expenses: soared 170.06% in 2021 and later tumbled 41.46% in 2022.
  • Veritec's Operating Expenses stood at $192000.0 in 2020, then increased by 10.94% to $213000.0 in 2021, then increased by 20.66% to $257000.0 in 2022, then decreased by 20.23% to $205000.0 in 2023, then surged by 36.59% to $280000.0 in 2024.
  • The last three reported values for Operating Expenses were $280000.0 (Q3 2024), $230000.0 (Q2 2024), and $301000.0 (Q1 2024) per Business Quant data.