Verra Mobility Corp (VRRM)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	31,448	57,015	92,475	41,449	-3,445
Revenue	US$ in thousands	879,207	817,310	741,598	550,590	393,593
Net profit margin		3.58%	6.98%	12.47%	7.53%	-0.88%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $31,448K ÷ $879,207K
= 3.58%

The net profit margin of Verra Mobility Corp has exhibited fluctuations over the years based on the provided data. As of December 31, 2020, the company reported a negative net profit margin of -0.88%, indicating that its expenses exceeded its revenue, resulting in a loss.

However, there was a significant improvement in profitability by December 31, 2021, with a net profit margin of 7.53%, reflecting a turnaround in the company's financial performance. This positive trend continued into December 31, 2022, with a further increase to 12.47%, indicating that the company effectively controlled costs and boosted its revenue generation.

By December 31, 2023, the net profit margin slightly declined to 6.98%, suggesting a potential slowdown in profitability growth or increased expenses. Finally, as of December 31, 2024, the net profit margin dropped to 3.58%, indicating a further decrease in profitability compared to the prior year.

In conclusion, Verra Mobility Corp's net profit margin experienced both positive and negative fluctuations during the analyzed period, highlighting the importance of closely monitoring and managing the company's profitability to ensure sustainable financial performance.