← VERRA MOBILITY Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $230.7m |
$0
-100.00%
|
$370.1m |
$448.7m
+21.23%
|
$393.6m
-12.29%
|
$550.6m
+39.89%
|
$741.6m
+34.69%
|
$817.3m
+10.21%
|
$879.2m
+7.57%
|
$979.1m
+11.36%
|
$1.0b
+2.85%
|
|
| Cost of service revenue, excluding depreciation and amortization | — | — | $9.2m |
$19.5m
+110.95%
|
$33.5m
+72.18%
|
$35.1m
+4.79%
|
$47.3m
+34.47%
|
$43.5m
-8.04%
|
$46.0m
+5.94%
|
$75.8m
+64.69%
|
— | |
| Gross Profit | — | — | $360.9m |
$429.3m
+18.94%
|
$360.1m
-16.12%
|
$515.4m
+43.16%
|
$694.3m
+34.71%
|
$773.8m
+11.45%
|
$833.2m
+7.66%
|
$903.2m
+8.41%
|
$913.6m
+1.15%
|
|
| Selling, General and Administrative Expense | $53.0m | — | $136.1m | $85.5m | $89.7m | $123.4m | $163.1m | $198.6m | $195.1m | $215.3m | $200.2m | |
| Amortization of Intangible Assets | — | — | $80.8m | $92.8m | $93.5m | $89.9m | $106.2m | $77.6m | $67.0m | $64.4m | — | |
| Operating Lease, Expense | — | — | — | $5.7m | $5.3m | $7.5m | $8.8m | — | — | — | — | |
| Operating Costs and Expenses | $83.8m | — | $108.9m | $125.6m | $115.7m | $163.4m | $226.3m | $273.3m | $295.9m | $333.2m | — | |
| Operating expenses | $83.8m | — | $108.9m | $125.6m | $115.7m | $163.4m | $226.3m | $273.3m | $295.9m | $333.2m | $672.3m | |
| Total costs and expenses | $182.9m | — | $357.5m | $352.3m | $355.8m | $438.7m | $576.9m | $628.5m | $743.2m | $740.7m | $765.7m | |
| Operating Income (Loss) | $47.9m |
($780k)
-101.63%
|
$12.6m
+1715.60%
|
$96.5m
+665.14%
|
$37.8m
-60.79%
|
$111.9m
+195.82%
|
$164.7m
+47.23%
|
$188.8m
+14.64%
|
$136.0m
-27.96%
|
$238.4m
+75.28%
|
$241.2m
+1.19%
|
|
| Interest Expense | — | — | $69.6m | $60.7m | $40.9m | $44.9m | $69.4m | $86.7m | $73.9m | $64.6m | $62.3m | |
| Interest Expense, Debt | — | — | — | — | $40.9m | $44.9m | $69k | $86.7m | $73.9m | $64.6m | $62.3m | |
| Interest Income, Operating | — | — | — | — | — | — | — | $4.2m | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $8.8m | $11.2m | $11.9m | $12.9m | $12.7m | $11.1m | $19.0m | $23.2m | — | |
| Other Expenses | — | — | — | — | — | — | $1.1m | — | — | — | — | |
| Other income, net | ($2.5m) | — | ($8.8m) | ($11.2m) | ($11.9m) | ($12.9m) | ($12.7m) | ($11.1m) | ($19.0m) | ($23.2m) | ($83.1m) | |
| Total other expenses | $236k | — | $87.2m | $49.5m | $35.8m | $44.0m | $37.6m | $101.8m | $56.9m | $43.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | ($75.3m) | $49.9m | $6.4m | $77.1m | $140.9m | $92.4m | $114.3m | $197.9m | $95.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $47.7m | — | ($74.6m) | $46.9m | $853k | $67.9m | $127.1m | $87.0m | $79.1m | $195.0m | $95.8m | |
| Income tax provision | $18.7m | ($811k) | ($16.2m) | $13.6m | $5.4m | $26.5m | $34.6m | $30.0m | $47.7m | $58.3m | — | |
| Current Income Tax Expense (Benefit) | — | — | $8.2m | $24.9m | $10.2m | $36.0m | $50.6m | $57.0m | $57.7m | $39.0m | $51.5m | |
| Net Income (Loss) Attributable to Parent | $29.0m |
$1.4m
-95.09%
|
($58.4m)
-4199.28%
|
$33.3m
+157.10%
|
($4.6m)
-113.73%
|
$41.4m
+1005.40%
|
$92.5m
+123.11%
|
$57.0m
-38.35%
|
$31.4m
-44.84%
|
$136.6m
+334.47%
|
$44.3m
-67.59%
|
|
| Earnings Per Share, Basic | ($1.00) | — | ($0.67) | $0.21 | ($0.03) | $0.26 | $0.61 | $0.36 | $0.19 | $0.86 | $0.28 | |
| Earnings Per Share, Diluted | ($1.00) | — | ($0.67) | $0.21 | ($0.03) | $0.25 | $0.50 | $0.36 | $0.19 | $0.85 | $0.27 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 87.3m | 158k | 161.6m | 160.0m | 152.8m | 158.8m | 165.1m | 159.0m | 155.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 87.3m | 162k | 161.6m | 163.8m | 159.0m | 160.0m | 167.7m | 161.3m | 156.3m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | $0 | — | — | — | $97.1m | $0 | $0 | |
| Depreciation, amortization and (gain) loss on disposal of assets, net | — | — | $103.4m | $115.8m | $116.8m | $116.8m | $140.2m | $113.2m | $109.1m | $116.3m | $117.5m | |
| Goodwill impairment | — | — | — | — | — | — | $0 | $0 | $97.1m | $0 | $0 | |
| Change in fair value of private placement warrants | — | — | — | $16.3m | $1.1m | $7.6m | ($14.4m) | $25.0m | $0 | $0 | — | |
| Tax receivable agreement liability adjustment | — | — | — | ($106k) | $6.8m | ($1.0m) | ($720k) | ($3.1m) | ($257k) | $687k | — | |
| Loss on interest rate swap | — | — | — | — | — | $0 | ($996k) | $817k | $494k | $0 | — | |
| Loss on extinguishment of debt | — | — | $26.5m | — | $0 | $5.3m | ($3.0m) | $3.5m | $1.7m | $1.3m | — | |
| Change in foreign currency translation adjustment | — | — | ($5.8m) | $3.2m | $2.8m | ($5.3m) | ($7.8m) | $2.7m | ($7.4m) | $7.0m | — | |
| Total comprehensive income | $29.0m | — | ($64.2m) | $36.6m | ($657k) | $36.1m | $84.7m | $59.7m | $24.1m | $143.6m | — |