VRRM Q3 2022 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q3 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$198M+21.9% YoY

Gross Profit

$182M92.2% margin

Operating Income

$45M23.0% margin

Net Income

$25M12.4% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$39M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.5B

Stockholders' Equity

$195M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$198M	$162M	+21.9%
Gross Profit	$182M	$151M	+20.4%
Operating Income	$45M	$42M	+8.7%
Net Income	$25M	$27M	-10.0%

Revenue Segments

Service

$181M91%

Product

$17M9%

Geographic Segments

AUSTRALIA

$10M41%

CANADA

$8M35%

UNITED KINGDOM

$5M19%

Other Customer

$986,0004%