Vertex, Inc.
NASDAQ:VERX
51.32 (USD) • At close January 3, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 170.435 | 161.104 | 156.781 | 154.914 | 145.027 | 139.695 | 132.751 | 131.126 | 126.238 | 119.276 | 114.984 | 111.656 | 110.718 | 104.938 | 98.236 | 99.544 | 94.605 | 91.271 | 89.245 | 86.072 | 82.439 | 78.375 | 74.614 |
| Cost of Revenue
| 59.911 | 65.216 | 60.989 | 66.727 | 56.871 | 53.879 | 51.747 | 49.479 | 50.658 | 48.129 | 44.866 | 43.642 | 43.938 | 37.379 | 36.933 | 36.212 | 47.968 | 41.745 | 39.462 | 30.272 | 27.433 | 27.109 | 25.564 |
| Gross Profit
| 110.524 | 95.888 | 95.792 | 88.187 | 88.156 | 85.816 | 81.004 | 81.647 | 75.58 | 71.147 | 70.118 | 68.014 | 66.78 | 67.559 | 61.303 | 63.332 | 46.637 | 49.526 | 49.783 | 55.8 | 55.006 | 51.266 | 49.05 |
| Gross Profit Ratio
| 0.648 | 0.595 | 0.611 | 0.569 | 0.608 | 0.614 | 0.61 | 0.623 | 0.599 | 0.596 | 0.61 | 0.609 | 0.603 | 0.644 | 0.624 | 0.636 | 0.493 | 0.543 | 0.558 | 0.648 | 0.667 | 0.654 | 0.657 |
| Reseach & Development Expenses
| 15.621 | 14.614 | 16.845 | 12.898 | 16.772 | 12.68 | 15.862 | 11.583 | 10.351 | 10.31 | 9.633 | 10.754 | 9.879 | 11.926 | 11.459 | 11.143 | 16.501 | 13.617 | 13.079 | 8.508 | 7.271 | 7.205 | 7.573 |
| General & Administrative Expenses
| 41.499 | 35.874 | 35.542 | 36.865 | 35.385 | 39.376 | 34.31 | 31.131 | 31.679 | 30.084 | 28.757 | 26.055 | 31.237 | 24.865 | 24.852 | 25.62 | 48.043 | 37.758 | 37.636 | 21.656 | 17.263 | 16.647 | 15.448 |
| Selling & Marketing Expenses
| 42.111 | 40.541 | 40.491 | 37.041 | 33.919 | 33.541 | 35.736 | 35.652 | 30.252 | 31.979 | 27.452 | 28.332 | 25.658 | 24.865 | 20.15 | 21.118 | 29.423 | 24.544 | 24.333 | 18.963 | 15.83 | 17.287 | 16.047 |
| SG&A
| 83.61 | 73.661 | 76.033 | 70.818 | 69.304 | 72.917 | 70.046 | 66.783 | 61.931 | 62.063 | 56.209 | 54.387 | 56.895 | 49.73 | 45.002 | 46.738 | 77.466 | 62.302 | 61.969 | 40.619 | 33.093 | 33.934 | 31.495 |
| Other Expenses
| 6.397 | -0.476 | 1.427 | -0.436 | 0.584 | -0.164 | 4.025 | 6.664 | 0 | 3.07 | 3.808 | 2.887 | 3.62 | 7.361 | 2.698 | 2.958 | 2.675 | 2.608 | 2.98 | 2.569 | 2.315 | 2.477 | 2.208 |
| Operating Expenses
| 105.628 | 88.751 | 97.357 | 84.152 | 86.076 | 89.888 | 89.933 | 85.03 | 76.451 | 75.443 | 69.65 | 68.028 | 70.394 | 69.017 | 59.159 | 60.839 | 96.642 | 78.527 | 78.028 | 51.696 | 42.679 | 43.616 | 41.276 |
| Operating Income
| 4.896 | 7.137 | -1.565 | 4.035 | -2.018 | -4.072 | -8.929 | -3.383 | -0.871 | -4.296 | 0.468 | -0.014 | -3.614 | -1.458 | 2.144 | 2.493 | -50.005 | -29.001 | -28.245 | 4.104 | 12.327 | 7.65 | 7.774 |
| Operating Income Ratio
| 0.029 | 0.044 | -0.01 | 0.026 | -0.014 | -0.029 | -0.067 | -0.026 | -0.007 | -0.036 | 0.004 | -0 | -0.033 | -0.014 | 0.022 | 0.025 | -0.529 | -0.318 | -0.316 | 0.048 | 0.15 | 0.098 | 0.104 |
| Total Other Income Expenses Net
| 2.938 | -0.181 | -0.328 | -4.022 | -0.597 | 0.105 | 0.35 | -0.969 | -0.361 | -0.724 | 0.006 | -0.313 | -0.521 | 0.385 | -0.535 | 0.313 | -1.796 | -1.059 | -0.569 | -0.149 | -0.252 | -0.307 | -0.245 |
| Income Before Tax
| 7.834 | 7.364 | -1.851 | -6.513 | -2.615 | -3.967 | -8.579 | -4.352 | -1.232 | -5.02 | 0.474 | -0.327 | -4.135 | -1.073 | 1.609 | 2.806 | -51.801 | -30.06 | -28.814 | 3.955 | 12.075 | 7.343 | 7.529 |
| Income Before Tax Ratio
| 0.046 | 0.046 | -0.012 | -0.042 | -0.018 | -0.028 | -0.065 | -0.033 | -0.01 | -0.042 | 0.004 | -0.003 | -0.037 | -0.01 | 0.016 | 0.028 | -0.548 | -0.329 | -0.323 | 0.046 | 0.146 | 0.094 | 0.101 |
| Income Tax Expense
| 0.613 | 2.2 | -4.535 | -21.847 | 0.784 | 2.929 | 9.553 | 0.957 | -0.091 | 0.5 | 0.808 | 0.3 | -0.187 | -1.881 | -0.679 | 2.576 | -30.773 | -0.985 | -7.29 | 7.225 | 0.175 | 0.221 | 0.204 |
| Net Income
| 7.221 | 5.164 | 2.684 | 15.334 | -3.399 | -6.896 | -18.132 | -5.309 | -1.141 | -5.52 | -0.334 | -0.627 | -3.948 | 0.808 | 2.288 | 0.23 | -21.028 | -29.075 | -21.524 | -3.27 | 11.9 | 7.122 | 7.325 |
| Net Income Ratio
| 0.042 | 0.032 | 0.017 | 0.099 | -0.023 | -0.049 | -0.137 | -0.04 | -0.009 | -0.046 | -0.003 | -0.006 | -0.036 | 0.008 | 0.023 | 0.002 | -0.222 | -0.319 | -0.241 | -0.038 | 0.144 | 0.091 | 0.098 |
| EPS
| 0.046 | 0.033 | 0.02 | 0.1 | -0.022 | -0.046 | -0.12 | -0.035 | -0.008 | -0.037 | -0.002 | -0.004 | -0.027 | 0.01 | 0.02 | 0.002 | -0.15 | -0.2 | -0.15 | -0.025 | 0.092 | 0.055 | 0.057 |
| EPS Diluted
| 0.05 | 0.032 | 0.02 | 0.094 | -0.022 | -0.046 | -0.12 | -0.035 | -0.008 | -0.037 | -0.002 | -0.004 | -0.027 | 0.01 | 0.01 | 0.002 | -0.15 | -0.2 | -0.15 | -0.025 | 0.092 | 0.055 | 0.057 |
| EBITDA
| 10.11 | 28.514 | 20.377 | 17.823 | 17.308 | 13.807 | 8.013 | 12.442 | 13.922 | 13.333 | 3.428 | 12.866 | 10.591 | 1.42 | 11.958 | 11.435 | -41.884 | -26.395 | -20.454 | 11.45 | 14.889 | 10.054 | 14.04 |
| EBITDA Ratio
| 0.059 | 0.177 | 0.13 | 0.237 | 0.012 | 0.094 | 0.06 | -0 | 0.11 | 0.112 | 0.116 | 0.115 | 0.096 | 0.014 | 0.112 | 0.112 | -0.441 | -0.289 | -0.229 | 0.133 | 0.225 | 0.179 | 0.188 |