Financial insights of VERX

MyFinsight

For the year ending 2025-12-31, VERX made $748,444K in revenue. $51,722K in net income. Net profit margin of 6.91%.

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenues	748,444	666,776	572,387	491,624
License And Service	187,816	-	162,920	142,071
Service Other	79,027	-	60,888	51,061
Total cost of revenues	266,843	240,651	223,808	193,132
Gross profit	481,601	426,125	348,579	298,492
Research and development	83,715	66,666	58,212	41,877
Selling and marketing	196,488	170,574	140,237	125,335
General and administrative	178,685	152,835	145,936	121,651
Depreciation and amortization	24,812	20,953	15,202	12,440
Change in fair value of acquisition contingent earn-outs	-17,000	17,500	-	-
Other operating expense (income), net	12,570	-175	6,502	5,271
Total operating expenses	479,270	428,353	366,089	306,574
Income (loss) from operations	2,331	-2,228	-17,510	-8,082
Interest expense, net	-	-	-	-2,048
Interest expense (income), net	5,248	4,137	-4,164	-
Income (loss) before income taxes	7,579	1,909	-21,674	-10,130
Income tax expense (benefit)	368	54,638	-8,581	2,174
Net income (loss)	7,211	-52,729	-13,093	-12,304
Foreign currency translation adjustments, net of tax	44,520	-24,150	5,978	-10,219
Unrealized loss (gain) on investments, net of tax	-9	13	32	-36
Total other comprehensive income (loss), net of tax	44,511	-24,137	6,010	-10,255
Total comprehensive income (loss)	51,722	-76,866	-7,083	-22,559

Basic EPS	0.05	-	-	-
Diluted EPS	0.04	-	-	-
Basic Average Shares	74,934,000	-	-	-
Diluted Average Shares	78,425,000	-	-	-