VRRM Q4 2023 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q4 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$211M+13.4% YoY

Gross Profit

$126M59.9% margin

Operating Income

$23M11.1% margin

Net Income

$3M1.4% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$19M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.4B

Stockholders' Equity

$421M

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$211M	$186M	+13.4%
Gross Profit	$126M	$117M	+8.5%
Operating Income	$23M	$42M	-44.5%
Net Income	$3M	$28M	-89.3%

Revenue Segments

Service

$202M96%

Product

$9M4%

Geographic Segments

AUSTRALIA

$12M45%

CANADA

$8M31%

UNITED KINGDOM

$6M22%

Other Customer

$641,0002%