VRRM Q1 2022 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q1 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$170M+89.6% YoY

Gross Profit

$161M94.3% margin

Operating Income

$32M18.8% margin

Net Income

$10M5.9% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$20M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.5B

Stockholders' Equity

$276M

Cash & Equivalents

$93M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$170M	$90M	+89.6%
Gross Profit	$161M	$89M	+80.6%
Operating Income	$32M	$2M	+1727.9%
Net Income	$10M	-$9M	+212.6%

Revenue Segments

Service

$161M95%

Product

$9M5%

Geographic Segments

CANADA

$9M38%

AUSTRALIA

$8M35%

UNITED KINGDOM

$6M27%