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-K - Q4 2024 - Feb 27, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 95.6 % +69.5%
Debt-to-equity 349 % +60.2%
Return On Equity -22.9 % -303%
Return On Assets -5.1 % -185%
Operating Margin -0.33 % +88.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.08B USD +149%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 667M USD +16.5%
Research and Development Expense 66.7M USD +14.5%
Selling and Marketing Expense 171M USD +21.6%
General and Administrative Expense 153M USD +4.73%
Operating Income (Loss) -2.23M USD +87.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.91M USD -75.6%
Income Tax Expense (Benefit) 54.6M USD
Net Income (Loss) Attributable to Parent -52.7M USD -303%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 296M USD +334%
Accounts Receivable, after Allowance for Credit Loss, Current 164M USD +16%
Other Assets, Current 11.8M USD +19.8%
Assets, Current 536M USD +101%
Deferred Income Tax Assets, Net 61.2M USD +50.9%
Property, Plant and Equipment, Net 168M USD +68%
Operating Lease, Right-of-Use Asset 12M USD -18.1%
Goodwill 358M USD +38.8%
Other Assets, Noncurrent 14.1M USD -12.1%
Assets 1.17B USD +53.5%
Accounts Payable, Current 36.2M USD +53.5%
Employee-related Liabilities, Current 14.6M USD +18.8%
Accrued Liabilities, Current 35.2M USD -21.4%
Contract with Customer, Liability, Current 339M USD +17%
Liabilities, Current 537M USD +21.9%
Contract with Customer, Liability, Noncurrent 4.84M USD +87.8%
Deferred Income Tax Liabilities, Net 9.92M USD
Operating Lease, Liability, Noncurrent 12.6M USD -24%
Liabilities 987M USD +94.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -45.9M USD -111%
Retained Earnings (Accumulated Deficit) -53.3M USD -8998%
Stockholders' Equity Attributable to Parent 179M USD -29.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 179M USD -29.1%
Liabilities and Equity 1.17B USD +53.5%

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 326M USD +266%
Deferred Tax Assets, Valuation Allowance 72.3M USD +1117%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 66.6M USD +27.8%
Operating Lease, Liability 16.6M USD -18.3%
Payments to Acquire Property, Plant, and Equipment 14.4M USD +43.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -76.9M USD -985%
Lessee, Operating Lease, Liability, to be Paid 17.3M USD -19.1%
Property, Plant and Equipment, Gross 275M USD -11.7%
Operating Lease, Liability, Current 4M USD +7.48%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.77M USD +6.08%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.34M USD +2.65%
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 746K USD -34.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.74M USD +3.79%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.48M USD -24.9%
Additional Paid in Capital 278M USD +1.18%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.7M USD -6.28%
Deferred Tax Assets, Net of Valuation Allowance 46.2M USD -1.76%
Share-based Payment Arrangement, Expense 47.4M USD +39.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%