at verra mobility, our purpose is to build solutions that help the world move safely and easily. we do this by building safe cities, smart roadways and the connected systems that tie them together. the passion of our people fuels our ability to move the world. working here, you will have opportunities to take real ownership over your work to make a meaningful impact, moving both the world and your career forward. are you ready to go places? as you’re learning more about us, we expect you’ll find we rebranded as verra mobility in 2018. three great companies, each grown through the hard work and dedication of the industry’s best people, joined forces to increase our ability to provide vital solutions to the global smart mobility marketplace. it’s an exciting time for all of us here as we come together to both move the world forward and create a great place to work. joining us now means you can have a direct, hands-on experience in shaping the future of verra mobility.
Company profile
Ticker
VRRM
Exchange
Website
CEO
David M. Roberts
Employees
Location
Fiscal year end
Industry (SIC)
Booking • Expedia • GXO Logistics • GATX • RXO • XPO • Virgin Galactic Holdings Inc - Ordinary Shares • Tuniu • ModivCare • Despegar.com ...
Former names
Gores Holdings II, Inc.
SEC CIK
Corporate docs
Subsidiaries
American Traffic Solutions Consolidated, L.L.C. • American Traffic Solutions, Inc. • American Traffic Solutions, L.L.C. • ATS Processing Services, L.L.C. • Auto Tag of America LLC • Auto Titles of America LLC • Canadian Highway Toll Administration Ltd. • Citation Collection Services, LLC • Contractum Ltd • EPC Hungary Kft ...
VRRM stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
8 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Apr 24
DEF 14A
Definitive proxy
8 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Verra Mobility Announces Fourth Quarter and Full Year 2023 Financial Results
29 Feb 24
8-K
Verra Mobility Announces Appointment of Raj Ratnakar to Its Board of Directors
20 Feb 24
8-K
Entry into a Material Definitive Agreement
8 Feb 24
8-K
Verra Mobility Releases Inaugural Corporate Responsibility Report
29 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
Transcripts
VRRM
Earnings call transcript
2023 Q4
29 Feb 24
VRRM
Earnings call transcript
2023 Q3
9 Nov 23
VRRM
Earnings call transcript
2023 Q2
9 Aug 23
VRRM
Earnings call transcript
2023 Q1
4 May 23
VRRM
Earnings call transcript
2022 Q4
1 Mar 23
VRRM
Earnings call transcript
2022 Q3
2 Nov 22
VRRM
Earnings call transcript
2022 Q2
6 Aug 22
VRRM
Earnings call transcript
2022 Q1
10 May 22
VRRM
Earnings call transcript
2021 Q4
22 Apr 22
VRRM
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4/A
Steve Lalla
15 Mar 24
4
JOHN H REXFORD
13 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
4
DAVID MARTIN ROBERTS
6 Mar 24
4
Steve Lalla
6 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
4
DAVID MARTIN ROBERTS
5 Mar 24
4
Steve Lalla
5 Mar 24
4
Raj Ratnakar
5 Mar 24
4
Norman P Blake III
4 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 118.33 mm | 118.33 mm | 118.33 mm | 118.33 mm | 118.33 mm | 118.33 mm |
Cash burn (monthly) | 31.72 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 212.24 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -93.91 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 230 |
Opened positions | 41 |
Closed positions | 47 |
Increased positions | 86 |
Reduced positions | 66 |
13F shares | Current |
---|---|
Total value | 3.14 tn |
Total shares | 180.24 mm |
Total puts | 478.30 k |
Total calls | 404.40 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 23.66 mm | $442.40 bn |
Vanguard | 17.41 mm | $325.55 bn |
Darlington Partners Capital Management | 10.39 mm | $194.24 bn |
Wellington Management | 8.58 mm | $160.47 bn |
GIC Private | 7.35 mm | $102.83 mm |
MKFCF Mackenzie Financial | 7.14 mm | $133.52 bn |
T. Rowe Price | 6.87 mm | $128.65 bn |
Inclusive Capital Partners | 5.55 mm | $103.77 bn |
FMR | 5.49 mm | $102.75 bn |
STT State Street | 5.24 mm | $98.06 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Rexford John H | Class A Common Stock | Sell | Dispose S | No | No | 22.819 | 10,000 | 228.19 k | 41,275 |
4 Mar 24 | Steve Lalla | Class A Common Stock | Payment of exercise | Dispose F | No | No | 22.16 | 5,485 | 121.55 k | 35,002 |
4 Mar 24 | Steve Lalla | Class A Common Stock | Grant | Acquire A | No | No | 0 | 22,528 | 0.00 | 40,487 |
4 Mar 24 | Steve Lalla | Class A Common Stock | Payment of exercise | Dispose F | No | No | 22.16 | 1,511 | 33.48 k | 17,959 |
4 Mar 24 | Steve Lalla | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 6,209 | 0.00 | 19,470 |
4 Mar 24 | Steve Lalla | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 6,209 | 0.00 | 6,209 |
3 Mar 24 | Norman P Blake III | Class A Common Stock | Payment of exercise | Dispose F | No | No | 22.88 | 3,192 | 73.03 k | 18,059 |
3 Mar 24 | Norman P Blake III | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 10,988 | 0.00 | 21,251 |
3 Mar 24 | Norman P Blake III | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 10,988 | 0.00 | 21,976 |
2 Mar 24 | Craig C Conti | Class A Common Stock | Payment of exercise | Dispose F | No | No | 22.88 | 3,270 | 74.82 k | 31,959 |
Press releases
Verra Mobility Joins Connected Vehicle Systems Alliance (COVESA)
9 Apr 24
VRRM INVESTOR NOTICE: ROSEN, A LEADING LAW FIRM, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation – VRRM
7 Mar 24
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation – VRRM
2 Mar 24
Verra Mobility to Participate in the Morgan Stanley Technology, Media & Telecom Conference
1 Mar 24
Verra Mobility partners with Florida community to deliver school zone safety solutions
27 Feb 24