Slide 1: Verra Mobility Q2 Earnings Presentation
Earnings Overview Verra Mobility Q2 Earnings Presentation For the Quarter Ended June 30, 2021 Exhibit 99.2
Slide 2: Forward-looking statements
1 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: Q2 Results by Segment – Commercial Services
For the Quarter Ended June 30, 2021 2 Q2 Results by Segment – Commercial Services Revenue of $66.5M in Q2 increased 143.8% from the same quarter in the prior year Adjusted EBITDA of $42.8M in the quarter increased $35.5M or 487.8% from the same period of the prior year Operating expenses of $16.0M i
Slide 4: Q2 Results by Segment – Government Solutions
For the Quarter Ended June 30, 2021 3 Q2 Results by Segment – Government Solutions Government Solutions Commentary Government Solutions Revenue of $62.2M in Q2 increased 18.4% from the same quarter in the prior year Service Revenue improvement of $14.4M was offset by a decrease in product revenue of
Slide 5: Consolidated Q2 Results
For the Quarter Ended June 30, 2021 4 Consolidated Q2 Results Total revenue increased by $48.8 million to $128.7 million or 61.2% in Q2 2021 from $79.8 million in Q2 2020 Service Revenue of $116.4M exceeded 2019 pre-pandemic levels with a nice rebound in tolling for RACs and the continued growth in
Slide 6: Consolidated Q2 Results
For the Quarter Ended June 30, 2021 5 Consolidated Q2 Results Generated cash flow from operations of $37.5 million in Q2 2021 Cash on hand increased to $147.3 million at the end of Q2 2021 from $120.3 million at the end of Q4 2020 Leverage decreased due to an increase in EBITDA The company has total
Slide 7: Guidance
6 Guidance We are very pleased with our performance during the first half of the year and want to provide some insight to the second half of 2021 Service Revenue – At Mid-Point Includes ~$35M of revenue from Redflex and ~427M from VRRM VRRM standalone service revenue would exceed FY 2019 by $10M Imp
Slide 8: Appendix
es OS VERRA “_) MOBILITY a? APPENDIX
Slide 9: Consolidated Results of Operations
Consolidated Results of Operations 8
Slide 10: Segment Results of Operations
Segment Results of Operations 9 Commercial Services Government Solutions
Slide 11: Thank You
Thank You http://ir.verramobility.com/