Verra Mobility Corporation (VRRM)

Verra Mobility Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	906.33	879.21	817.31	741.6	550.59	393.59
Revenue Growth (YoY)	6.24%	7.57%	10.21%	34.69%	39.89%	-12.29%
Cost of Revenue	355.81	341.98	312.85	273.59	198.52	149.27
Gross Profit	550.52	537.22	504.46	468.01	352.07	244.32
Selling, General & Admin	200.51	195.05	198.15	163.13	123.41	89.66
Operating Expenses	312.37	304.13	311.35	302.61	240.21	206.51
Operating Income	238.16	233.1	193.11	165.41	111.87	37.82
Interest Expense	-69.54	-74.4	-87.52	-68.38	-44.94	-40.87
Currency Exchange Gain (Loss)	-0.4	-0.4	-1.7	-0.7	-0.2	0.4
Other Non Operating Income (Expenses)	20.04	19.63	-9.07	28.47	6.51	3.5
EBT Excluding Unusual Items	188.25	177.93	94.83	124.8	73.24	0.85
Impairment of Goodwill	-97.08	-97.08	-	-	-	-
Asset Writedown	-	-	-4.3	-0.7	-	-
Other Unusual Items	-1.2	-1.75	-3.53	3.01	-5.33	-
Pretax Income	89.98	79.11	87	127.11	67.9	0.85
Income Tax Expense	50.99	47.66	29.98	34.63	26.45	5.43
Net Income	38.99	31.45	57.02	92.48	41.45	-4.58
Net Income to Common	38.99	31.45	57.02	92.48	41.45	-4.58
Net Income Growth	-59.68%	-44.84%	-38.34%	123.11%	-	-
Shares Outstanding (Basic)	162	165	159	153	160	162
Shares Outstanding (Diluted)	164	168	160	159	164	162
Shares Change (YoY)	-2.54%	4.81%	0.62%	-2.90%	1.33%	0.97%
EPS (Basic)	0.24	0.19	0.36	0.61	0.26	-0.03
EPS (Diluted)	0.24	0.19	0.36	0.50	0.25	-0.03
EPS Growth	-58.97%	-47.09%	-28.18%	100.00%	-	-
Free Cash Flow	188.75	152.79	149.12	170.15	168.17	22.65
Free Cash Flow Per Share	1.15	0.91	0.93	1.07	1.03	0.14
Gross Margin	60.74%	61.10%	61.72%	63.11%	63.94%	62.08%
Operating Margin	26.28%	26.51%	23.63%	22.30%	20.32%	9.61%
Profit Margin	4.30%	3.58%	6.98%	12.47%	7.53%	-1.16%
Free Cash Flow Margin	20.82%	17.38%	18.25%	22.94%	30.54%	5.75%
EBITDA	348.97	341.62	306.18	304.09	228.62	150.09
EBITDA Margin	38.50%	38.86%	37.46%	41.01%	41.52%	38.13%
D&A For EBITDA	110.82	108.53	113.07	138.68	116.75	112.27
EBIT	238.16	233.1	193.11	165.41	111.87	37.82
EBIT Margin	26.28%	26.51%	23.63%	22.30%	20.32%	9.61%
Effective Tax Rate	56.67%	60.25%	34.46%	27.25%	38.96%	636.69%
Revenue as Reported	906.33	879.21	817.31	741.6	550.59	393.59
Advertising Expenses	-	1.6	1.1	1	0.7	0.8

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q