Financial insights of VERX

MyFinsight

For the quarter ending 2025-09-30, VERX made $192,112K in revenue. $4,331K in net income. Net profit margin of 2.25%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues	192,112	184,559	177,062	170,435
License And Service	50,034	-	-	43,641
Service Other	20,762	-	-	16,270
Total cost of revenues	70,796	63,359	64,068	59,911
Gross profit	121,316	121,200	112,994	110,524
Research and development	19,929	20,582	20,886	15,621
Selling and marketing	47,385	48,454	48,155	42,111
General and administrative	44,609	43,392	45,028	41,499
Depreciation and amortization	6,372	6,187	5,880	5,214
Change in fair value of acquisition contingent earn-outs	-4,000	2,300	-14,700	-
Other operating expense (income), net	2,701	4,149	3,259	1,183
Total operating expenses	116,996	125,064	108,508	105,628
Income from operations	4,320	-3,864	4,486	4,896
Interest income, net	1,245	1,228	1,539	2,938
Income before income taxes	5,565	-2,636	6,025	7,834
Income tax expense (benefit)	1,520	-1,675	-5,105	613
Net income	4,045	-961	11,130	7,221
Foreign currency translation adjustments, net of tax	286	29,734	15,105	8,955
Unrealized loss on investments, net of tax	-	-	-9	24
Total other comprehensive income, net of tax	286	29,734	15,096	8,979
Total comprehensive income	4,331	28,773	26,226	16,200

Earnings per share, basic	0.03	-	-	-
Earnings per share, diluted	0.02	-	-	-
Weighted average number of shares outstanding, basic	77,290,000	-	-	-
Weighted average number of shares outstanding, diluted	80,015,000	-	-	-