secwatch.observer — SEC 8-K summary
======================================

Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001558370-23-003084
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertex Q4 revenue $131.1M (+17.4% YoY); Non-GAAP EPS $0.08
----------------------------------------------------------

- Revenue $131.1M (+17.4% YoY); cloud revenue $46.6M (+34.4% YoY); software subscriptions $110.9M (+18.9% YoY).
- ARR $431.1M (+16.5% YoY); NRR 110% (up from 108%); AARPC $100,500 vs $86,700 prior year.
- GAAP net loss $5.3M ($0.04/sh); Non-GAAP net income $12.5M ($0.08 diluted EPS).
- FY2022 revenue $491.6M (+15.5%); adjusted EBITDA $78.7M (16% margin); free cash flow $3.4M vs $46.9M prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000155837023003084/0001558370-23-003084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000155837023003084/verx-20230308x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-003084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer