Verra Mobility Corp

Verra Mobility Corp

VRRM · NASDAQ · Technology / Information Technology Services

1.84USD-0.12 (-6.12%)

Price History

Full chart

Market Stats

Previous Close1.96
Open1.96
Day Range1.82 – 1.99
52-Week Range2.97 – 25.45
Volume4.46M
Market Cap454.43M
P/E (TTM)11.07
Forward P/E15.97
EPS0.27
Dividend Yield0.00%
Beta0.38
50-Day Avg4.26
200-Day Avg11.84

About

Verra Mobility Corporation provides smart mobility technology solutions in the United States, Australia, Europe, and Canada. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment offers automated toll and violations management, and title and registration solutions to rental car companies, direct commercial fleet owner-operators, fleet management companies, and other fleet owners. The Government Solutions segment provides photo enforcement solutions and services to its customers, including complete, end-to-end speed, red-light, and school bus stop arm and bus lane enforcement solutions; and traffic enforcement products and recurring maintenance services related to the equipment and software. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Parking Solutions segment offers an integrated suite of parking software, transaction processing and hardware solutions to its customers, which include universities, municipalities, healthcare facilities, and commercial parking operators. This segment also develops specialized hardware and parking management software that provides a platform for the issuance of parking permits, enforcement, gateless vehicle counting, and event parking and citation services, as well as produces and markets its proprietary software as a service to its customers. The company was founded in 1987 and is headquartered in Mesa, Arizona.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Jonathan Keyser
  • Employees1.89K
  • Headquarters2046 Riverview Auto Drive, Mesa, AZ, United States, 85201, USA
  • Websitehttps://www.verramobility.com

Leadership

  • Mr. Jonathan KeyserPresident & CEO · b. 1982
  • Mr. Craig C. ContiExecutive VP & CFO · b. 1978
  • Ms. Stacey MoserExecutive VP & Chief Customer Officer · b. 1978
  • Mr. Hiten PatelChief Accounting Officer · b. 1982
  • Mr. Jason RiveraChief Product and Technology Officer
  • Mr. Mark ZindlerVice President of Investor Relations
  • Ms. Kristen YoungSenior Vice President, General Counsel & Chief Compliance Officer
  • Ms. Lin BoSenior Vice President of T2 Systems · b. 1986
  • Mr. Raphael AvrahamSenior Associate General Counsel

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue203.59M230.75M-780.28K370.15M448.74M393.59M550.59M741.60M817.31M879.21M979.08M
Growth (%)-+13.34%-100.34%+47537.55%+21.23%-12.29%+39.89%+34.69%+10.21%+7.57%+11.36%
Cost of Revenue91.63M95.91M92.30M9.23M145.12M33.54M35.15M47.26M43.46M18.99M30.32M
Gross Profit111.97M134.84M-780.28K360.91M303.62M360.05M515.44M694.34M773.85M860.22M948.76M
Gross Margin54.99%58.44%100.00%97.51%67.66%91.48%93.62%93.63%94.68%97.84%96.90%
Operating Expense90.35M86.95M0348.30M207.16M322.24M403.58M529.63M585.03M724.20M710.35M
Operating Income21.62M47.89M-780.28K12.61M96.45M37.82M111.87M164.71M188.81M136.02M238.41M
Operating Margin10.62%20.76%100.00%3.41%21.49%9.61%20.32%22.21%23.10%15.47%24.35%
EBITDA51.51M84.28M-780.28K98.26M214.12M158.56M229.64M336.65M287.52M262.08M375.92M
EBITDA Margin25.30%36.52%100.00%26.55%47.72%40.29%41.71%45.40%35.18%29.81%38.39%
Net Income11.41M29.00M1.42M-58.39M17.08M-4.58M41.45M92.47M57.02M31.45M136.63M
Net Income Margin5.60%12.57%-182.56%-15.78%3.81%-1.16%7.53%12.47%6.98%3.58%13.96%
R&D---03.80M4.30M4.40M3.40M---
R&D as % of Total Revenue---0.00%0.85%1.09%0.80%0.46%---
Interest Expense02.71M3.02M69.55M60.73M40.87M44.94M69.37M86.70M73.90M64.62M
Interest Expense % of Total Revenue0.00%1.17%-386.49%18.79%13.53%10.38%8.16%9.35%10.61%8.41%6.60%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-418.23K403.70M1.34B1.41B1.37B1.84B1.76B1.79B1.61B1.65B
Total Liabilities-434.19K398.70M1.04B1.10B1.05B1.58B1.53B1.37B1.35B1.35B
Total Equity--15.96K5.00M302.06M309.61M315.57M259.96M231.07M421.47M265.13M292.96M
Cash-3.19K826.20K65.05M131.51M120.26M101.28M105.20M136.31M77.56M65.27M
Total Debt-150.00K428.69M869.35M899.57M873.21M1.28B1.25B1.07B1.07B38.23M
Net Debt-146.81K427.86M804.30M768.05M752.95M1.18B1.15B938.08M989.33M-27.05M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow57.24M43.84M2.43M46.02M133.80M46.91M193.17M218.34M206.10M223.64M255.80M
Investing Cash Flow-13.13M-35.05M-402.74M-562.86M-54.97M-24.15M-475.97M-48.59M-58.29M-69.72M-118.79M
Financing Cash Flow-43.89M-7.04M401.13M574.27M-14.52M-34.00M268.72M-164.93M-117.79M-211.43M-150.97M
Capital Expenditure13.49M14.83M24.83M26.58M29.68M24.26M25.00M48.19M57.48M70.86M119.09M
Free Cash Flow43.76M29.02M-22.40M19.44M104.12M22.65M168.17M170.15M148.62M152.79M136.71M
Dividends Paid47.11M47.11M-779.27M00155.00K----
FCF to OCF76.44%66.18%-922.15%42.25%77.81%48.28%87.06%77.93%72.11%68.32%53.44%
Dividend Paid to FCF107.65%162.35%-4008.50%0.00%0.00%0.09%----

Earnings

Report DateMar 31, 2017Aug 4, 2017Nov 6, 2017Mar 14, 2018May 7, 2018Aug 10, 2018Nov 8, 2018Mar 18, 2019May 6, 2019Aug 6, 2019Nov 5, 2019Mar 2, 2020May 11, 2020Aug 6, 2020Nov 5, 2020Mar 1, 2021May 17, 2021Aug 9, 2021Nov 4, 2021Dec 31, 2021May 9, 2022Aug 3, 2022Nov 2, 2022Mar 1, 2023May 4, 2023Aug 9, 2023Nov 9, 2023Feb 29, 2024May 2, 2024Aug 8, 2024Oct 31, 2024Feb 26, 2025May 7, 2025Aug 6, 2025Oct 29, 2025Feb 26, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate--0.00---0.110.060.050.140.240.040.130.050.100.130.100.140.230.220.210.250.270.220.220.270.270.260.260.300.320.310.290.330.340.310.240.300.26
EPS Actual0.000.010.010.010.02-0.030.110.150.020.050.220.060.150.060.150.180.120.100.270.250.200.290.270.250.260.290.290.240.270.310.320.330.300.340.370.300.250.38-
Surprise------0.00%150.00%-60.00%-64.29%-8.33%50.00%15.38%20.00%50.00%38.46%20.00%-28.57%17.39%13.64%-4.76%16.00%0.00%13.64%18.18%7.41%7.41%-7.69%3.85%3.33%0.00%6.45%3.45%3.03%8.82%-4.15%4.17%26.67%-
Timing---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap454.43M
Enterprise Value1.55B
Trailing P/E11.07
Forward P/E15.97
Price / Sales0.45
Price / Book2.30
EPS0.27
Book Value1.47
Revenue (TTM)1.01B
Gross Profit (TTM)560.98M
EBITDA357.92M
Profit Margin4.40%
Operating Margin27.17%
Return on Equity15.38%
Return on Assets9.16%
Shares Outstanding151.98M
Shares Float150.34M
Beta0.38
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 7.00
  • Strong Buy
    5
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
103.09%
Insiders
1.06%
Retail / Other
0.00%

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    4.49M2.95%
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    4.07M2.68%
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    3.89M2.56%
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    3.72M2.45%
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    3.17M2.08%

Top Fund Holders

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    9.28M6.11%
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    4.61M3.03%
  • iShares Russell 2000 ETF
    3.91M2.57%
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    3.16M2.08%