Verra Mobility Corp
NASDAQ:VRRM
Income Statement
Earnings Waterfall
Verra Mobility Corp
Revenue
|
817.3m
USD
|
Cost of Revenue
|
-43.5m
USD
|
Gross Profit
|
773.8m
USD
|
Operating Expenses
|
-584.6m
USD
|
Operating Income
|
189.2m
USD
|
Other Expenses
|
-132.2m
USD
|
Net Income
|
57m
USD
|
Income Statement
Verra Mobility Corp
Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
69
N/A
|
167
+142%
|
275
+64%
|
370
+35%
|
399
+8%
|
411
+3%
|
431
+5%
|
449
+4%
|
467
+4%
|
437
-6%
|
406
-7%
|
394
-3%
|
367
-7%
|
416
+13%
|
481
+16%
|
551
+14%
|
631
+15%
|
690
+9%
|
726
+5%
|
742
+2%
|
763
+3%
|
780
+2%
|
792
+2%
|
817
+3%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
(1)
|
(4)
|
(7)
|
(9)
|
(10)
|
(12)
|
(17)
|
(20)
|
(28)
|
(33)
|
(33)
|
(34)
|
(25)
|
(22)
|
(25)
|
(35)
|
(44)
|
(49)
|
(53)
|
(47)
|
(47)
|
(45)
|
(42)
|
(43)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
68
N/A
|
164
+140%
|
268
+64%
|
361
+34%
|
390
+8%
|
399
+2%
|
414
+4%
|
429
+4%
|
439
+2%
|
404
-8%
|
373
-8%
|
360
-4%
|
342
-5%
|
394
+15%
|
456
+16%
|
515
+13%
|
587
+14%
|
641
+9%
|
672
+5%
|
694
+3%
|
716
+3%
|
735
+3%
|
751
+2%
|
774
+3%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(1)
|
(1)
|
(76)
|
(160)
|
(238)
|
(345)
|
(348)
|
(346)
|
(351)
|
(327)
|
(336)
|
(331)
|
(321)
|
(322)
|
(322)
|
(335)
|
(371)
|
(404)
|
(445)
|
(486)
|
(513)
|
(530)
|
(533)
|
(541)
|
(543)
|
(585)
|
|
Selling, General & Administrative |
(1)
|
(1)
|
(34)
|
(61)
|
(83)
|
(133)
|
(120)
|
(114)
|
(113)
|
(86)
|
(91)
|
(91)
|
(87)
|
(90)
|
(92)
|
(98)
|
(112)
|
(123)
|
(137)
|
(151)
|
(160)
|
(163)
|
(162)
|
(165)
|
(166)
|
(198)
|
|
Depreciation & Amortization |
0
|
0
|
(19)
|
(46)
|
(75)
|
(103)
|
(114)
|
(115)
|
(115)
|
(116)
|
(116)
|
(116)
|
(117)
|
(117)
|
(116)
|
(114)
|
(114)
|
(117)
|
(124)
|
(132)
|
(138)
|
(140)
|
(135)
|
(129)
|
(121)
|
(113)
|
|
Other Operating Expenses |
0
|
0
|
(24)
|
(53)
|
(80)
|
(109)
|
(115)
|
(118)
|
(123)
|
(126)
|
(129)
|
(124)
|
(117)
|
(116)
|
(114)
|
(124)
|
(145)
|
(163)
|
(184)
|
(203)
|
(215)
|
(226)
|
(237)
|
(248)
|
(256)
|
(273)
|
|
Operating Income |
(1)
N/A
|
(1)
-33%
|
(8)
-875%
|
4
N/A
|
31
+629%
|
16
-48%
|
41
+158%
|
53
+28%
|
63
+20%
|
102
+62%
|
104
+1%
|
73
-29%
|
52
-29%
|
38
-27%
|
20
-47%
|
59
+192%
|
85
+45%
|
112
+31%
|
142
+27%
|
156
+10%
|
159
+2%
|
165
+3%
|
183
+11%
|
194
+6%
|
208
+7%
|
189
-9%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
(13)
|
(32)
|
(53)
|
(70)
|
(73)
|
(69)
|
(64)
|
(61)
|
(57)
|
(51)
|
(46)
|
(41)
|
(38)
|
(40)
|
(42)
|
(45)
|
(50)
|
(53)
|
(62)
|
(68)
|
(80)
|
(83)
|
(83)
|
(88)
|
|
Non-Reccuring Items |
0
|
0
|
(10)
|
(10)
|
(10)
|
(27)
|
(16)
|
(22)
|
(22)
|
(6)
|
(6)
|
0
|
0
|
3
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
3
|
3
|
2
|
2
|
(4)
|
(4)
|
|
Total Other Income |
2
|
3
|
4
|
6
|
8
|
13
|
13
|
14
|
14
|
(5)
|
11
|
(4)
|
(1)
|
1
|
(7)
|
(2)
|
2
|
6
|
5
|
23
|
19
|
28
|
18
|
(0)
|
0
|
(11)
|
|
Pre-Tax Income |
2
N/A
|
2
+47%
|
(27)
N/A
|
(32)
-21%
|
(24)
+25%
|
(68)
-179%
|
(35)
+48%
|
(25)
+30%
|
(9)
+64%
|
31
N/A
|
52
+69%
|
19
-64%
|
5
-73%
|
1
-82%
|
(29)
N/A
|
12
N/A
|
40
+244%
|
68
+71%
|
97
+42%
|
126
+30%
|
120
-5%
|
127
+6%
|
123
-3%
|
112
-9%
|
121
+8%
|
87
-28%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
6
|
6
|
4
|
16
|
8
|
6
|
2
|
(14)
|
(15)
|
(10)
|
(7)
|
(5)
|
1
|
(12)
|
(20)
|
(27)
|
(36)
|
(40)
|
(37)
|
(35)
|
(36)
|
(36)
|
(39)
|
(30)
|
|
Income from Continuing Operations |
1
|
1
|
(21)
|
(26)
|
(20)
|
(52)
|
(27)
|
(18)
|
(7)
|
17
|
36
|
9
|
(2)
|
(5)
|
(28)
|
(1)
|
20
|
41
|
60
|
86
|
83
|
93
|
87
|
77
|
82
|
57
|
|
Net Income (Common) |
1
N/A
|
1
+40%
|
(21)
N/A
|
(26)
-25%
|
(20)
+24%
|
(52)
-158%
|
(27)
+49%
|
(18)
+32%
|
(7)
+62%
|
17
N/A
|
36
+113%
|
9
-75%
|
(2)
N/A
|
(5)
-130%
|
(28)
-517%
|
(1)
+98%
|
20
N/A
|
41
+108%
|
60
+46%
|
86
+42%
|
83
-3%
|
93
+11%
|
87
-6%
|
77
-12%
|
82
+7%
|
57
-31%
|
|
EPS (Diluted) |
0.02
N/A
|
0.03
+50%
|
-0.41
N/A
|
-0.52
-27%
|
-0.4
+23%
|
-0.59
-48%
|
-0.16
+73%
|
-0.11
+31%
|
-0.04
+64%
|
0.11
N/A
|
0.22
+100%
|
0.05
-77%
|
-0.02
N/A
|
-0.03
-50%
|
-0.18
-500%
|
-0.01
+94%
|
0.12
N/A
|
0.25
+108%
|
0.37
+48%
|
0.53
+43%
|
0.52
-2%
|
0.58
+12%
|
0.55
-5%
|
0.5
-9%
|
0.48
-4%
|
0.36
-25%
|