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VRRM Q2 2022 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena
VRRM
Verra Mobility Corporation
$3B
Q2 2022 Earnings
Technology
Information Technology Services
Income Statement
Revenue
$187M
+45.7% YoY
Gross Profit
$175M
93.6% margin
Operating Income
$45M
24.1% margin
Net Income
$30M
15.8% 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
$175M
93%
Product
$13M
7%
Geographic Segments
AUSTRALIA
$8M
39%
CANADA
$8M
36%
UNITED KINGDOM
$5M
23%
Other Customer
$472,000
2%
← FY 2022
All Quarters
Q3 2022 →