Verra Mobility Corporation · NASDAQ:VRRM
Verra Mobility — Q4 2019 Earnings Presentation
11 slides from Verra Mobility's earnings presentation, Mar 2, 2020
Slide 1: Verra Mobility Q4 Earnings Presentation
Earnings Overview Verra Mobility Q4 Earnings Presentation For the Quarter Ended December 31, 2019 Exhibit 99.2
Slide 2: Forward-looking statements
Forward-looking statements This presentation includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,”
Slide 3: Consolidated Full Year Results
Consolidated Full Year Results Pro Forma Revenue Pro Forma Adj. EBITDA For the Year Ended December 31, 2019 15.4% YoY Growth $ in Millions $ in Millions 15.2% YoY Growth Revenue Total Revenue of $448.7M grew $59.8M YoY or 15.4% Service revenue of $416.7M grew $32.9M or 8.6% YoY. Growth was driven by
Slide 4: Commercial Services Q4 and Full Year
For the Full Year and Quarter Ended December 31, 2019 Commercial Services Refer to Basis of Presentation on slide two of this presentation Revenue of $68.2M in Q4 increased 16.7% from the same quarter in the prior year Increased toll usage across the entire portfolio and product mix drove revenue gr
Slide 5: Government Solutions Q4 and Full Year
For the Full Year and Quarter Ended December 31, 2019 Government Solutions Revenue of $44.3M in Q4 increased 20.7% from the same quarter in the prior year Product revenue grew $6.3M driven by camera sales to a large municipality. During the same period Service Revenue improved by $1.3M Adjusted EBIT
Slide 6: Consolidated Q4 Results
For the Quarter Ended December 31, 2019 Consolidated Q4 Results Grew total revenue by $17.4 million to $112.5 million in Q4 2019 from $95.1 million in Q4 2018 Adjusted EBITDA of $59.6 million, up from $47.3 million in the same quarter of 2018 Generated cash flow from operations of $39.6 million in Q
Slide 7: 2020 Guidance
2020 Guidance 2020 Total Revenue is expected to grow by 10%-14% over full year 2019 Service Revenue is expected to grow 8% to 10% over full year 2019, driven by: Full year impact of photo enforcement cameras installed in 2019 Service revenue from >600 school zone speed cameras expected to install in
Slide 8: Appendix
ad v5. VERRA “\._4 MOBILITY” >? APPENDIX
Slide 9: Quarterly Results of Operations
Quarterly Results of Operations Unaudited ($ in millions) Q1 2018 As Reported Pro Forma Q1 2018 Pro Forma Q2 2018 As Reported Q3 2018 As Reported Q4 2018 As Reported Pro Forma 2018 Q1 2019 As Reported Q2 2019 As Reported Q3 2019 As Reported Q4 2019 As Reported 2019 HTA EPC Service revenue $69.0 $15.
Slide 10: Quarterly Segment Results of Operations
Quarterly Segment Results of Operations Commercial Services Unaudited ($ in millions) For the Three Months Ended Q1 2018 Q2 2018 Q3 2018 Q4 2018 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 2019 Segment Revenue Commercial Services $32.4 $59.8 $72.0 $58.4 $222.6 $62.6 $68.1 $77.6 $68.2 $276.5 HTA 15.8 – – –
Slide 11: Thank You
Thank You http://ir.verramobility.com/