Vertex Stock (NASDAQ:VERX)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$12.11

52W Range

$10.59 - $37.56

50D Avg

$12.76

200D Avg

$17.91

Market Cap

$1.99B

Avg Vol (3M)

$1.45M

Beta

0.80

Div Yield

-

VERX Company Profile


Vertex, Inc. specializes in delivering advanced tax technology solutions to corporations across various sectors, including retail, communication, leasing, and manufacturing. These services are provided to clients both within the United States and globally. Its comprehensive product portfolio encompasses tools for tax determination, compliance and reporting, efficient tax data and document management, pre-built integration capabilities, and specialized solutions tailored to specific industries. Clients can access their software through traditional on-premise licenses or via cloud-based Software as a Service (SaaS) subscriptions. Beyond its software offerings, Vertex also delivers essential support services. These include implementation and training for its licensed and cloud-based products, as well as outsourced transaction tax return processing and other ancillary tax-related consultations. Established in 1978, Vertex, Inc. has its headquarters situated in King of Prussia, Pennsylvania.

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Industry

Software - Application

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

US

Employees

1,900

IPO Date

Jul 29, 2020

Website

VERX Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Services$108.79M$99.65M$91.56M
Cloud subscriptions$352.94M$276.04M$214.62M
Software subscriptions$639.65M$567.12M$480.83M
Software licenses$286.71M$291.08M$266.21M

Fiscal year ends in Dec 25 | Currency in USD

VERX Financial Summary


Dec 25Dec 24Dec 23
Revenue$748.44M$666.78M$572.39M
Operating Income$-7.85M$-2.23M$-17.51M
Net Income$7.21M$-52.73M$-13.09M
EBITDA$89.08M$102.01M$56.95M
Basic EPS$0.05$-0.34$-0.09
Diluted EPS$0.04$-0.34$-0.09

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q1 26May 07, 26 | 12:00 AM
Q4 25Feb 11, 26 | 12:00 AM
Q3 25Nov 03, 25 | 8:30 AM

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