Vertex, Inc.

VERX · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$667$572$492$426
% Growth16.5%16.4%15.5%
Cost of Goods Sold$241$224$193$162
Gross Profit$426$349$298$264
% Margin63.9%60.9%60.7%62%
R&D Expenses$67$58$42$44
G&A Expenses$153$146$122$107
SG&A Expenses$323$286$247$206
Sales & Mktg Exp.$171$140$125$99
Other Operating Expenses$38$22$18$17
Operating Expenses$428$366$307$267
Operating Income-$2-$18-$8-$3
% Margin-0.3%-3.1%-1.6%-0.7%
Other Income/Exp. Net$4-$4-$2-$1
Pre-Tax Income$2-$22-$10-$4
Tax Expense$55-$9$2-$2
Net Income-$53-$13-$12-$1
% 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 Out155152150148
Weighted Avg Shares Out Dil155152150148
Supplemental Information
Interest Income$4$0$0$0
Interest Expense$0$4$2$1
Depreciation & Amortization$87$74$61$45
EBITDA$102$57$53$42
% Margin15.3%9.9%10.8%9.8%
Vertex, Inc. (VERX) Financial Statements & Key Stats | AlphaPilot