Verra Mobility Corporation · NASDAQ:VRRM
Verra Mobility — Q2 2019 Earnings Presentation
9 slides from Verra Mobility's earnings presentation, Aug 6, 2019
Slide 1: Verra Mobility Q2 Earnings Presentation
Verra Mobility Q2 Earnings Presentation For the Quarter Ended June 30, 2019 Exhibit 99.2 Basis of Presentation: Verra Mobility made two acquisitions in 2018; the data presented has been adjusted as if the acquisitions were included in the results for all periods. The unadjusted and pro forma adjuste
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: Evaluation Criteria: M&A Principles
Evaluation Criteria M&A Principles Strategic Fit: Connect all activities to Verra Mobility’s strategy Find opportunities where Verra Mobility’s and the target’s assets, when combined, can create unique value Financial Discipline: Protect Verra Mobility’s capital: seek returns above the cost of capit
Slide 4: Consolidated Q2 Results by Segment
Consolidated Q2 Results by segment For the Quarter Ended June 30, 2019 Pro Forma Revenue & YoY Growth Adj. EBITDA & Margin % Commercial Services Government Solutions Revenue & YoY Growth Adj. EBITDA & Margin % Commercial Services Commentary Revenue of $68.1M in Q2 increased 14% from the same quarter
Slide 5: Consolidated Q2 Results
Consolidated Q2 Results For the Quarter Ended June 30, 2019 Pro Forma Revenue & YoY Growth Pro Forma Adj. EBITDA & Margin % Net Debt & Leverage Q2 Revenue by Segment Commercial Services Leverage calculated as net debt divided by TTM Pro Forma Adjusted EBITDA for each period Grew total revenue by $11
Slide 6: Actual _|__Low High
Actual _|__Low High T Total Revenue $ 389.0} 433 441 YoY Growth i 11% 13% I 1 Adjusted EBITDA $ 209.5 | 235 240 YoY Growth f 12% 15% I 1 Adjusted EBITDA Margin 53.9% | 54.3% 54.496
Slide 7: Appendix
Appendix VERRA, Mosiury
Slide 8: 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 TTM Q2 2019 As Reported HTA EPC Service revenue $69.0 $15.8 $3.0 $87.8 $97.0 $1
Slide 9: Quarterly Segment Results of Operations
Quarterly Segment Results of Operations Commercial Services Government Solutions Unaudited ($ in millions) For the Three Months Ended Q1 2018 Q2 2018 Q3 2018 Q4 2018 2018 Q1 2019 Q2 2019 Segment Revenue Commercial Services $32.4 $59.8 $72.0 $58.4 $222.6 $62.6 $68.1 HTA 15.8 – – – 15.8 – – EPC 3.0 –