VRRM Q2 2024 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q2 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$222M+8.8% YoY

Gross Profit

$210M94.4% margin

Operating Income

$61M27.5% margin

Net Income

$34M15.4% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$26M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$439M

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$222M	$204M	+8.8%
Gross Profit	$210M	$194M	+8.1%
Operating Income	$61M	$56M	+8.8%
Net Income	$34M	$19M	+79.1%

Revenue Segments

Service

$212M95%

Product

$10M5%

Geographic Segments

AUSTRALIA

$15M52%

CANADA

$9M30%

UNITED KINGDOM

$4M15%

Other Customer

$1M3%