Vertex, Inc.

VERX · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$666,776$572,387$491,624$425,548
% Growth16.5%16.4%15.5%
Cost of Goods Sold$240,651$223,808$193,132$161,892
Gross Profit$426,125$348,579$298,492$263,656
% Margin63.9%60.9%60.7%62%
R&D Expenses$66,666$58,212$41,877$44,018
G&A Expenses$152,835$145,936$121,651$107,009
SG&A Expenses$323,409$286,173$246,986$206,014
Sales & Mktg Exp.$170,574$140,237$125,335$99,005
Other Operating Expenses$38,278$21,704$17,711$16,566
Operating Expenses$428,353$366,089$306,574$266,598
Operating Income-$2,228-$17,510-$8,082-$2,942
% Margin-0.3%-3.1%-1.6%-0.7%
Other Income/Exp. Net$4,137-$4,164-$2,048-$984
Pre-Tax Income$1,909-$21,674-$10,130-$3,926
Tax Expense$54,638-$8,581$2,174-$2,447
Net Income-$52,729-$13,093-$12,304-$1,479
% Margin-7.9%-2.3%-2.5%-0.3%
EPS-0.34-0.09-0.08-0.01
% Growth-277.8%-12.5%-700%
EPS Diluted-0.34-0.09-0.08-0.01
Weighted Avg Shares Out155,085151,859149,645147,780
Weighted Avg Shares Out Dil155,085151,859149,645147,780
Supplemental Information
Interest Income$4,137$0$0$0
Interest Expense$0$4,164$2,048$984
Depreciation & Amortization$86,740$74,461$61,153$44,782
EBITDA$102,012$56,951$53,071$41,840
% Margin15.3%9.9%10.8%9.8%
Vertex, Inc. (VERX) Financial Statements & Key Stats | AlphaPilot