Verra Historical Income Statement

VRRM Stock  USD 23.19  0.22  0.96%   
Historical analysis of Verra Mobility income statement accounts such as Depreciation And Amortization of 101.7 M, Interest Expense of 46.2 M, Selling General Administrative of 105.6 M or Selling And Marketing Expenses of 1.3 M can show how well Verra Mobility Corp performed in making a profits. Evaluating Verra Mobility income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Verra Mobility's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Verra Mobility Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Verra Mobility Corp is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verra Mobility Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Verra Income Statement Analysis

Verra Mobility Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Verra Mobility shareholders. The income statement also shows Verra investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Verra Mobility Income Statement Chart

At this time, Verra Mobility's Net Income is very stable compared to the past year. As of the 21st of November 2024, Income Tax Expense is likely to grow to about 31.5 M, while Interest Expense is likely to drop about 46.2 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Verra Mobility Corp. It is also known as Verra Mobility overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Verra Mobility Corp income statement and represents the costs associated with goods and services Verra Mobility provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Verra Mobility's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Verra Mobility Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verra Mobility Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Verra Mobility's Net Income is very stable compared to the past year. As of the 21st of November 2024, Income Tax Expense is likely to grow to about 31.5 M, while Interest Expense is likely to drop about 46.2 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses403.6M529.6M315.6M307.1M
Cost Of Revenue35.1M47.3M156.5M164.4M

Verra Mobility income statement Correlations

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Click cells to compare fundamentals

Verra Mobility Account Relationship Matchups

Verra Mobility income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization132.9M116.8M117.1M139.1M113.1M101.7M
Interest Expense60.7M40.9M44.9M69.4M86.7M46.2M
Selling General Administrative83.2M89.7M124.2M164.3M165.6M105.6M
Total Revenue448.7M393.6M550.6M741.6M817.3M459.0M
Gross Profit429.3M360.1M515.4M694.3M660.8M399.3M
Other Operating Expenses346.4M355.8M438.7M576.9M628.5M375.7M
Operating Income96.5M37.8M111.9M164.7M188.8M198.3M
Net Income From Continuing Ops33.3M(3.4M)41.4M92.5M82.2M86.3M
Ebit96.5M41.7M112.6M197.5M173.8M87.4M
Ebitda229.3M158.5M229.6M336.7M286.9M183.4M
Cost Of Revenue19.5M33.5M35.1M47.3M156.5M164.4M
Total Operating Expenses326.9M322.2M403.6M529.6M315.6M307.1M
Income Before Tax46.9M2.0M67.9M127.1M87.0M91.3M
Total Other Income Expense Net(49.5M)(37.0M)(44.0M)(37.6M)(101.8M)(96.7M)
Net Income Applicable To Common Shares33.3M(3.4M)41.4M92.5M106.3M111.7M
Net Income33.3M(3.4M)41.4M92.5M57.0M59.9M
Income Tax Expense13.6M5.4M26.5M34.6M30.0M31.5M
Tax Provision13.6M5.4M26.5M34.6M38.6M40.6M
Net Interest Income(60.7M)(40.9M)(44.9M)(69.4M)(86.2M)(81.9M)
Research Development3.8M4.3M4.4M3.4M3.9M3.5M
Reconciled Depreciation115.6M116.6M116.8M138.7M120.2M130.4M

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When determining whether Verra Mobility Corp is a strong investment it is important to analyze Verra Mobility's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Verra Mobility's future performance. For an informed investment choice regarding Verra Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verra Mobility Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Verra Mobility. If investors know Verra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Verra Mobility listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.167
Earnings Share
0.6
Revenue Per Share
5.237
Quarterly Revenue Growth
0.074
Return On Assets
0.0827
The market value of Verra Mobility Corp is measured differently than its book value, which is the value of Verra that is recorded on the company's balance sheet. Investors also form their own opinion of Verra Mobility's value that differs from its market value or its book value, called intrinsic value, which is Verra Mobility's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Verra Mobility's market value can be influenced by many factors that don't directly affect Verra Mobility's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Verra Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verra Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verra Mobility's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.