Via Transportation, Inc. VIA
Via transforms antiquated and siloed public transportation systems into smart, data-driven, and AI-powered efficient digital networks.
We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology. Buses still follow fixed routes and schedules planned years, if not decades ago, regardless of actual demand for their service. We can track our pizza from the moment it leaves the oven, but parents of more than 25 million children in the United States have no way of knowing when their child's school bus will arrive. Some of our most vulnerable citizens, who depend on paratransit to access critical medical care, have no alternative to cumbersome phone reservations that must be made a day or more in advance.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Germany
- All other countries
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $309.7M | $221.0M | $167.6M |
| Germany | $83.5M | $78.5M | $43.8M |
| All other countries | $41.1M | $38.1M | $37.5M |
As the company reported it, from the “REVENUE - Schedule of Revenue By Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $434.3M | $337.6M | $248.9M | — |
| Cost of revenue | $262.5M | $206.8M | $149.4M | — |
| Gross profit | $171.8M | $130.8M | $99.4M | — |
| R&D | $92.4M | $89.0M | $95.8M | — |
| SG&A | $88.6M | $70.3M | $64.2M | — |
| Total operating expenses | $248.4M | $214.7M | $213.9M | — |
| Operating income | -$76.6M | -$83.9M | -$114.5M | — |
| Interest expense | $7.3M | $4.3M | $653.0K | — |
| Pre-tax income | -$93.8M | -$88.7M | -$115.1M | — |
| Income tax | $2.5M | $1.9M | $1.8M | — |
| Net income | -$96.4M | -$90.3M | -$116.7M | — |
| EPS, basic | -2.92 | -7.21 | -9.60 | — |
| EPS, diluted | -2.92 | -7.21 | -9.60 | — |
| Shares, diluted (wtd. avg.) | 32.9M | 12.5M | 12.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $370.9M | $77.9M | $73.6M | $93.4M |
| Receivables | $81.6M | $73.8M | — | — |
| Total current assets | $469.6M | $163.2M | — | — |
| Property, plant and equipment | $13.4M | $11.2M | — | — |
| Goodwill | $192.3M | $160.1M | $161.8M | — |
| Other intangibles | $36.0M | $26.3M | — | — |
| Total assets | $733.1M | $378.8M | — | — |
| Accounts payable | $4.4M | $3.9M | — | — |
| Total current liabilities | $94.2M | $76.5M | — | — |
| Total liabilities | $105.4M | $171.6M | — | — |
| Retained earnings | -$1.19B | -$1.09B | — | — |
| Total equity | $627.7M | -$987.1M | -$918.6M | -$824.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | -$30.9M | -$70.0M | -$92.6M | — |
| Depreciation and amortisation | $3.9M | $3.5M | $3.1M | — |
| Stock-based compensation | $30.3M | $21.2M | $13.1M | — |
| Capital expenditure | $1.7M | $1.1M | $2.5M | — |
| Investing cash flow | -$45.8M | -$4.5M | -$43.3M | — |
| Financing cash flow | $368.3M | $80.3M | $113.9M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001603015-26-000008.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | — | $248.9M | $337.6M | $434.3M |
| Gross profit | — | $99.4M | $130.8M | $171.8M |
| Net income | — | -$116.7M | -$90.3M | -$96.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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