VRRM Q2 2022 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q2 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$187M+45.7% YoY

Gross Profit

$175M93.6% margin

Operating Income

$45M24.1% margin

Net Income

$30M15.8% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$54M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.5B

Stockholders' Equity

$244M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$187M	$129M	+45.7%
Gross Profit	$175M	$121M	+44.8%
Operating Income	$45M	$32M	+43.3%
Net Income	$30M	$4M	+642.5%

Revenue Segments

Service

$175M93%

Product

$13M7%

Geographic Segments

AUSTRALIA

$8M39%

CANADA

$8M36%

UNITED KINGDOM

$5M23%

Other Customer

$472,0002%