Below are the financial statements of Verra Mobility, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 77.56a | 136.31a |
Restricted cash | 3.59a | 3.41a |
Accounts receivable (net of allowance for credit losses of $17.0 million and $18.5 million at December 31, 2024 and 2023, respectively) | 206.5a | 197.82a |
Unbilled receivables | 48.19a | 37.07a |
Inventory | 15.5a | 17.97a |
Prepaid expenses and other current assets | 42.65a | 46.96a |
Total current assets | 394a | 439.54a |
Assets | — | — |
Installation and service parts, net | 36.63a | 22.9a |
Property and equipment, net | 141.6a | 123.25a |
Operating lease assets | 29.9a | 33.52a |
Intangible assets, net | 232.3a | 301.03a |
Goodwill | 735.62a | 835.84a |
Other non-current assets | 44.45a | 33.92a |
Total assets | 1,614.49a | 1,789.98a |
Current liabilities | — | — |
Accounts payable | 91.22a | 78.75a |
Deferred revenue | 29.37a | 28.79a |
Accrued liabilities | 73.98a | 93.12a |
Tax receivable agreement liability, current portion | 5.16a | 5.1a |
Current portion of long-term debt | 0a | 9.02a |
Total current liabilities | 199.74a | 214.77a |
Liabilities and stockholders' equity | — | — |
Long-term debt, net of current portion | 1,034.21a | 1,029.11a |
Operating lease liabilities, net of current portion | 25.76a | 29.12a |
Tax receivable agreement liability, net of current portion | 42.98a | 48.37a |
Asset retirement obligations | 15.49a | 14.58a |
Deferred tax liabilities, net | 14.7a | 18.36a |
Other long-term liabilities | 16.49a | 14.2a |
Total liabilities | 1,349.36a | 1,368.52a |
Stockholders' equity | — | — |
Preferred stock | 0a | 0a |
Common stock | 0.02a | 0.02a |
Additional paid-in capital | 551.96a | 557.51a |
Accumulated deficit | -269.29a | -125.89a |
Accumulated other comprehensive loss | -17.56a | -10.18a |
Total stockholders' equity | 265.13a | 421.47a |
Total liabilities and stockholders' equity | 1,614.49a | 1,789.98a |
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