VRRM Q1 2024 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q1 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$210M+9.3% YoY

Gross Profit

$173M82.6% margin

Operating Income

$56M26.7% margin

Net Income

$29M13.9% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$20M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$449M

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$210M	$192M	+9.3%
Gross Profit	$173M	$182M	-5.0%
Operating Income	$56M	$50M	+11.7%
Net Income	$29M	$5M	+536.9%

Revenue Segments

Service

$203M97%

Product

$7M3%

Geographic Segments

AUSTRALIA

$12M47%

CANADA

$8M31%

UNITED KINGDOM

$5M20%

Other Customer

$667,0003%