VERRA MOBILITY Corp VRRM
We are a leading provider of smart mobility technology solutions, principally operating throughout the United States, Australia, Europe, and Canada. Our goal is to make transportation safer, smarter, and more connected through our integrated, data-driven solutions, including toll and violations management, title and registration services, automated safety and traffic enforcement, and commercial parking management. We bring together vehicles, hardware, software, data, and people to solve transportation challenges for customers around the world, including commercial fleet owners, such as rental car companies ("RACs"), direct commercial fleet owner-operators ("Direct Fleets") and fleet management companies ("FMCs"), as well as governments, universities, parking operators, healthcare facilities, transportation hubs, and other violation-issuing authorities.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $979.1M | $879.2M | $817.3M | $741.6M | $550.6M | $393.6M | $448.7M | $370.1M | — | — |
| SG&A | $215.3M | $195.1M | $198.6M | $163.1M | $123.4M | $89.7M | $85.5M | $132.8M | — | — |
| Total operating expenses | $740.7M | $743.2M | $628.5M | $576.9M | $438.7M | $355.8M | $352.3M | $354.3M | — | — |
| Operating income | $238.4M | $136.0M | $188.8M | $164.7M | $111.9M | $37.8M | $96.5M | $15.8M | -$780.3K | — |
| Interest expense | $64.6M | $73.9M | $86.7M | $69.4M | $44.9M | $40.9M | $60.7M | $69.5M | — | — |
| Pre-tax income | $195.0M | $79.1M | $87.0M | $127.1M | $67.9M | $853.0K | $30.7M | -$67.7M | $2.2M | — |
| Income tax | $58.3M | $47.7M | $30.0M | $34.6M | $26.5M | $5.4M | $13.6M | $16.2M | $810.9K | — |
| Net income | $136.6M | $31.4M | $57.0M | $92.5M | $41.4M | -$4.6M | $17.1M | -$51.5M | $1.4M | — |
| EPS, basic | 0.86 | 0.19 | 0.36 | 0.61 | 0.26 | -0.03 | 0.11 | -0.59 | — | — |
| EPS, diluted | 0.85 | 0.19 | 0.36 | 0.50 | 0.25 | -0.03 | 0.11 | -0.59 | — | — |
| Shares, diluted (wtd. avg.) | $161.3M | $167.7M | $160.0M | $159.0M | $163.8M | $161.6M | $160.1M | $87.3M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $65.3M | $77.6M | $136.3M | $109.1M | $104.4M | $120.9M | $132.4M | $67.1M | $10.5M | $4.3M |
| Receivables | $234.3M | $206.5M | $197.8M | $163.8M | $161.0M | $168.8M | $93.5M | $87.5M | $60.2M | — |
| Inventory | $20.7M | $15.5M | $18.0M | $19.3M | $12.1M | $113.0K | — | — | — | — |
| Total current assets | $440.9M | $394.0M | $439.5M | $362.6M | $348.1M | $328.0M | $272.4M | $185.1M | $91.3M | $418.2K |
| Property, plant and equipment | $208.7M | $141.6M | $123.2M | $109.8M | $96.1M | $70.3M | $72.3M | $69.2M | $65.4M | — |
| Goodwill | $741.6M | $735.6M | $835.8M | $833.5M | $838.9M | $586.4M | $584.1M | $564.7M | $294.4M | $7.5M |
| Other intangibles | $168.6M | $232.3M | $301.0M | $377.4M | $487.3M | $342.1M | $434.4M | $514.5M | $203.7M | — |
| Total assets | $1.65B | $1.61B | $1.79B | $1.76B | $1.84B | $1.37B | $1.41B | $1.34B | $664.9M | $418.2K |
| Accounts payable | $101.8M | $91.2M | $78.7M | $79.9M | $67.6M | $34.5M | $50.8M | $45.2M | $20.2M | — |
| Short-term debt | $6.9M | $0 | $9.0M | $21.9M | $37.0M | $9.1M | $28.8M | $9.1M | $3.2M | — |
| Total current liabilities | $210.5M | $199.7M | $214.8M | $186.8M | $175.2M | $64.0M | $104.9M | $68.7M | $33.5M | $434.2K |
| Long-term debt | $1.02B | $1.03B | $1.03B | $1.19B | $1.21B | $832.9M | $837.7M | $860.2M | $425.4M | — |
| Total liabilities | $1.35B | $1.35B | $1.37B | $1.53B | $1.58B | $1.05B | $1.10B | $1.04B | $517.6M | $434.2K |
| Retained earnings | -$243.8M | -$269.3M | -$125.9M | -$98.1M | -$81.4M | -$94.8M | -$89.6M | -$113.3M | $18.2M | -$41.0K |
| Total equity | $293.0M | $265.1M | $421.5M | $231.1M | $260.0M | $315.6M | $309.6M | $288.6M | $147.3M | $75.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $255.8M | $223.6M | $206.1M | $218.3M | $193.2M | $46.9M | $133.8M | $49.3M | $2.4M | — |
| Depreciation and amortisation | $114.1M | $108.5M | $113.1M | $138.7M | $116.8M | $116.6M | $115.6M | $103.3M | — | — |
| Stock-based compensation | $25.2M | $23.0M | $17.5M | $16.7M | $13.8M | $12.6M | $10.0M | $2.3M | — | — |
| Capital expenditure | $119.1M | $70.9M | $57.0M | $48.2M | $25.0M | $24.3M | $29.7M | $26.6M | — | — |
| Investing cash flow | -$118.8M | -$69.7M | -$58.3M | -$48.6M | -$476.0M | -$24.2M | -$55.0M | -$562.9M | -$402.7M | — |
| Financing cash flow | -$151.0M | -$211.4M | -$117.8M | -$164.9M | $268.7M | -$34.0M | -$14.5M | $571.0M | $401.1M | — |
| Buybacks | $133.4M | $200.0M | $100.0M | $125.1M | $100.0M | — | — | — | — | — |
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 0001193125-26-143753.
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