See more : Almado, Inc. (4932.T) Income Statement Analysis – Financial Results
Complete financial analysis of Verra Mobility Corporation (VRRM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Verra Mobility Corporation, a leading company in the Industrial – Infrastructure Operations industry within the Industrials sector.
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Verra Mobility Corporation (VRRM)
Industry: Industrial - Infrastructure Operations
Sector: Industrials
Website: https://www.verramobility.com
About Verra Mobility Corporation
Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services; Government Solutions; and Parking Solutions. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners. The Parking Solutions segment provides an integrated suite of parking software and hardware solutions to universities, municipalities, parking operators, healthcare facilities, and transportation hubs. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 817.31M | 741.60M | 550.59M | 393.59M | 448.74M | 370.15M | -780.28K | 230.75M | 203.59M |
| Cost of Revenue | 43.46M | 47.26M | 35.15M | 33.54M | 19.48M | 9.23M | 51.58M | 95.91M | 91.63M |
| Gross Profit | 773.85M | 694.34M | 515.44M | 360.05M | 429.26M | 360.91M | -52.36M | 134.84M | 111.97M |
| Gross Profit Ratio | 94.68% | 93.63% | 93.62% | 91.48% | 95.66% | 97.51% | 6,710.97% | 58.44% | 54.99% |
| Research & Development | 0.00 | 3.40M | 4.40M | 4.30M | 3.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 165.55M | 164.26M | 124.22M | 89.66M | 83.19M | 134.67M | 580.59K | 52.03M | 49.61M |
| Selling & Marketing | 1.10M | -1.13M | -815.00K | 800.00K | 2.30M | 1.40M | 800.00K | 1.00M | 1.00M |
| SG&A | 166.65M | 163.13M | 123.41M | 89.66M | 85.49M | 136.07M | 580.59K | 53.03M | 50.61M |
| Other Expenses | 418.38M | 366.50M | 280.17M | 232.57M | 241.41M | 8.79M | 199.69K | 2.47M | 0.00 |
| Operating Expenses | 585.03M | 529.63M | 403.58M | 322.24M | 326.90M | 348.30M | 780.28K | 170.71M | 94.63M |
| Cost & Expenses | 628.50M | 576.89M | 438.72M | 355.78M | 346.38M | 357.54M | 780.28K | 182.86M | 186.26M |
| Interest Income | 0.00 | 68.38M | 44.94M | 40.87M | 60.73M | 0.00 | 3.02M | 0.00 | 2.09M |
| Interest Expense | 86.70M | 69.37M | 44.94M | 40.87M | 60.73M | 69.55M | 3.02M | 2.71M | 0.00 |
| Depreciation & Amortization | 113.07M | 139.13M | 117.06M | 116.83M | 115.57M | 103.35M | 45.73M | 33.92M | 29.89M |
| EBITDA | 286.89M | 336.65M | 229.64M | 158.55M | 207.16M | 98.26M | 57.51M | 84.28M | 51.51M |
| EBITDA Ratio | 35.10% | 42.91% | 44.06% | 40.57% | 51.10% | 33.70% | 100.00% | 36.52% | 25.30% |
| Operating Income | 188.81M | 164.71M | 111.87M | 37.82M | 96.46M | 12.61M | -780.28K | 47.89M | 21.62M |
| Operating Income Ratio | 23.10% | 22.21% | 20.32% | 9.61% | 21.49% | 3.41% | 100.00% | 20.76% | 10.62% |
| Total Other Income/Expenses | -101.82M | -37.60M | -43.97M | -36.96M | -49.53M | -90.48M | 3.02M | -235.72K | -6.38M |
| Income Before Tax | 87.00M | 127.11M | 67.90M | 1.99M | 46.92M | -74.64M | 2.24M | 47.66M | 15.24M |
| Income Before Tax Ratio | 10.64% | 17.14% | 12.33% | 0.50% | 10.46% | -20.16% | -286.49% | 20.65% | 7.48% |
| Income Tax Expense | 29.98M | 34.63M | 26.45M | 5.43M | 13.58M | -16.24M | 810.93K | 18.66M | 3.83M |
| Net Income | 57.02M | 92.48M | 41.45M | -3.45M | 33.34M | -58.39M | 1.42M | 29.00M | 11.41M |
| Net Income Ratio | 6.98% | 12.47% | 7.53% | -0.88% | 7.43% | -15.78% | -182.56% | 12.57% | 5.60% |
| EPS | 0.36 | 0.61 | 0.26 | -0.02 | 0.21 | -0.67 | 0.03 | 0.72 | 0.00 |
| EPS Diluted | 0.36 | 0.58 | 0.25 | -0.02 | 0.21 | -0.67 | 0.03 | 0.72 | 0.00 |
| Weighted Avg Shares Out | 158.78M | 152.85M | 159.98M | 161.63M | 157.89M | 87.16M | 48.15M | 40.00M | 0.00 |
| Weighted Avg Shares Out (Dil) | 160.02M | 159.03M | 163.78M | 161.63M | 160.08M | 87.32M | 48.15M | 40.00M | 0.00 |
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Source: https://incomestatements.info
Category: Stock Reports