Vertex, Inc. financial data

Symbol
VERX on Nasdaq
Industry
Services-Prepackaged Software
Location
2301 Renaissance Boulevard, King Of Prussia, PA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 85.7 % +52.2%
Debt-to-equity 275 % +24.1%
Return On Equity 12.2 %
Return On Assets 3.26 %
Operating Margin 1.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 836M USD +153%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 643M USD +17.3%
Research and Development Expense 60M USD +5.42%
Selling and Marketing Expense 160M USD +15.4%
General and Administrative Expense 150M USD +6.83%
Operating Income (Loss) 8.39M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 6.83M USD
Income Tax Expense (Benefit) -23.6M USD -266%
Net Income (Loss) Attributable to Parent 30.4M USD

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 279M USD +464%
Accounts Receivable, after Allowance for Credit Loss, Current 130M USD +0.69%
Other Assets, Current 11.8M USD +19.8%
Assets, Current 477M USD +100%
Deferred Income Tax Assets, Net 61.2M USD +50.9%
Property, Plant and Equipment, Net 168M USD +68%
Operating Lease, Right-of-Use Asset 12.6M USD -18%
Goodwill 382M USD +52.4%
Other Assets, Noncurrent 13.8M USD -10.5%
Assets 1.19B USD +65.4%
Accounts Payable, Current 29.2M USD +19.9%
Employee-related Liabilities, Current 20M USD +15.4%
Accrued Liabilities, Current 44.6M USD -10%
Contract with Customer, Liability, Current 301M USD +13.5%
Liabilities, Current 458M USD +5.73%
Contract with Customer, Liability, Noncurrent 3.79M USD +86.8%
Deferred Income Tax Liabilities, Net 16.2M USD
Operating Lease, Liability, Noncurrent 13.6M USD -22.2%
Liabilities 932M USD +86.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -20.1M USD +31.4%
Retained Earnings (Accumulated Deficit) 14.5M USD
Stockholders' Equity Attributable to Parent 259M USD +17.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 259M USD +17.6%
Liabilities and Equity 1.19B USD +65.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 24.6M USD +604%
Net Cash Provided by (Used in) Financing Activities -1.15M USD +24.7%
Net Cash Provided by (Used in) Investing Activities -19.5M USD -36.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.53M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 305M USD +276%
Interest Paid, Excluding Capitalized Interest, Operating Activities 443K USD +542%
Deferred Tax Assets, Valuation Allowance 5.94M USD +160%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 52.1M USD +5.74%
Operating Lease, Liability 20.3M USD -17.2%
Payments to Acquire Property, Plant, and Equipment 14.4M USD +43.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 39.6M USD
Lessee, Operating Lease, Liability, to be Paid 21.4M USD -17.9%
Property, Plant and Equipment, Gross 275M USD -11.7%
Operating Lease, Liability, Current 3.86M USD -7.98%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.49M USD +0.65%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.23M USD -10.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Deferred Income Tax Expense (Benefit) -2.59M USD +80.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.13M USD -28.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.57M USD +4.18%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.64M USD +3.55%
Operating Lease, Payments 1.07M USD -19.2%
Additional Paid in Capital 264M USD -0.29%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.72M USD -10.4%
Deferred Tax Assets, Net of Valuation Allowance 46.2M USD -1.76%
Share-based Payment Arrangement, Expense 44.2M USD +39.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%