Verra Mobility Q4 2024 revenue $221.5M (+5% YoY); net loss $66.7M on goodwill impairment; FY2025 guidance issued

VERRA MOBILITY Corp

2024-FY EPS reported $0.19 revenue$116,023,000

Full year 2024 revenue $879.2M; net income $31.4M; operating cash flow $223.6M.
Q4 net loss $(66.7)M, or $(0.41) diluted EPS, due to $97.1M goodwill impairment in Parking Solutions.
Q4 adjusted EBITDA $102.0M (46% margin), up from $91.3M (43%) YoY; adjusted EPS $0.33 vs. $0.24.
Commercial Services revenue +4%, Government Solutions +5%; Parking Solutions service revenue -4%.
Company establishes FY2025 guidance; long-term 2026 revenue and adjusted EBITDA targets reaffirmed.

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