Verra mobility corporation (VRRM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16
Total revenue

116,713

112,461

128,240

109,575

98,461

95,106

107,602

98,197

69,241

-

-

-

-

-

-

Operating expenses

32,259

31,542

32,965

31,795

29,338

28,582

27,820

28,800

23,681

-

-

-

-

-

-

Selling, general and administrative expenses

25,886

22,784

21,293

20,865

20,551

53,518

21,687

27,588

33,276

-

-

-

-

-

-

Depreciation, amortization and (gain) loss on disposal of assets, net

29,246

29,283

28,697

28,850

28,941

28,523

28,790

27,496

18,544

-

-

-

-

-

-

Impairment of property and equipment

-

-

-

5,898

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

97,300

88,267

91,581

91,939

80,495

113,216

81,407

86,413

76,504

-

-

-

-

-

-

Professional fees and other expenses

-

-

-

-

-

-

-

-

-

163

135

140

139

16

23

State franchise taxes, other than income tax

-

-

-

-

-

-

-

-

-

64

45

45

45

0

1

Income from operations

19,413

24,194

36,659

17,636

17,966

-18,110

26,195

11,784

-7,263

6,427

-180

-185

-184

-16

-24

Interest expense, net

12,451

14,108

14,932

15,656

16,033

17,012

20,312

19,579

12,647

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-10,151

-

-

-

-

-

-

Other income, net

2,925

2,919

2,727

3,345

2,207

1,794

2,942

2,766

1,293

-

-

-

-

-

-

Total other (income) expenses

-9,526

-11,189

-12,205

-12,311

-13,826

-31,553

-17,370

-16,813

-21,505

-

-

-

-

-

-

Other income - interest income

-

-

-

-

-

-

-

-

-

968

983

727

336

0

0

Net income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

541

151

-

-

Income before income tax provision (benefit)

9,887

13,005

24,454

5,325

4,140

-49,663

8,825

-5,029

-28,768

-13,241

802

-

-

-

-24

Income tax provision

3,214

3,825

6,702

1,734

1,320

-11,709

2,312

-234

-6,610

-31,224

547

-

-

-

-

Net income (loss)

6,673

9,180

17,752

3,591

2,820

-37,954

6,513

-4,795

-22,158

17,983

254

541

151

-16

-24

Other comprehensive (loss) income:
Change in foreign currency translation adjustment

-3,367

4,980

-1,664

-1,396

1,324

-

-728

-3,712

-

-

-

-

-

-

-

Total comprehensive income (loss)

3,306

14,160

16,088

2,195

4,144

-39,335

5,785

-8,507

-22,158

-

-

-

-

-

-

Net income per share:
Basic

0.04

0.06

0.11

0.02

0.02

-0.34

0.09

-0.07

-0.35

-

-

-

-

-

-

Diluted

0.04

0.06

0.11

0.02

0.02

-0.34

0.09

-0.07

-0.35

-

-

-

-

-

-

Weighted average shares used in per share calculation:
Basic outstanding

160,924

-471,881

158,610

157,846

156,057

-207,539

72,904

72,484

62,501

-

-

-

-

-

-

Diluted outstanding

164,427

-481,493

163,705

161,977

156,458

-207,539

72,904

72,484

62,501

-

-

-

-

-

-

Service Revenue
Total revenue

99,497

104,839

110,757

103,057

98,070

93,823

105,203

97,044

69,006

-

-

-

-

-

-

Cost of revenue

1,219

1,171

1,388

1,613

1,389

1,571

1,735

1,651

831

-

-

-

-

-

-

Product Sales
Total revenue

17,216

7,622

17,483

6,518

391

1,283

2,399

1,153

235

-

-

-

-

-

-

Cost of revenue

8,690

3,487

7,238

2,918

276

1,022

1,375

878

172

-

-

-

-

-

-

Class A
Net income attributable to common shares

-

-

-

-

-

-

-

-

-

-

-

-

197

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

0.01

-

-

Class F
Net income attributable to common shares

-

-

-

-

-

-

-

-

-

-

-

-

-45

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-