Slide 1: Verra Mobility Q2 Earnings Presentation
Earnings Overview Verra Mobility Q2 Earnings Presentation For the Quarter Ended June 30, 2021
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: Q2 Results by Segment – Commercial Services
Q2 Results by Segment – Commercial Services For the Quarter Ended June 30, 2021 Commercial Services Revenue & YoY Growth Commercial Services Commentary $ in Millions • Revenue of $66.5M in Q2 increased 143.8% $100 from the same quarter in the prior year 8% $80 22% 14% 144% 17% • Adjusted EBITDA of $
Slide 4: Q2 Results by Segment – Government Solutions
Q2 Results by Segment – Government Solutions For the Quarter Ended June 30, 2021 Government Solutions Revenue & YoY Growth Government Solutions Commentary $ in Millions Q1-2020 Q2-2020 Q1-2021 Q2-2021 ($ in Millions) $70 62 18% Service Revenue $38,255 $35,542 $44,074 $49,947 $60 55% 27% 4% 42% 17% P
Slide 5: Consolidated Q2 Results
Consolidated Q2 Results For the Quarter Ended June 30, 2021 Verra Mobility Revenue & YoY Growth Q2 Commentary $ in Millions • Total revenue increased by $48.8 million to $140 61% 19% $128.7 million or 61.2% in Q2 2021 from $79.8 $120 19% 18% million in Q2 2020 12% 12% (24%) (11%) $100 (23%) (27%) •
Slide 6: Consolidated Q2 Results
Consolidated Q2 Results For the Quarter Ended June 30, 2021 Q2 Adj EBITDA Mix by Business Segment Net Debt & Leverage Q2 Commentary $ in Millions • Generated cash flow from operations $1,000 of $37.5 million in Q2 2021 4.1x 3.8x 4.1x 4.5x $800 • Cash on hand increased to $147.3 38% million at the en
Slide 7: Guidance
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 Full Year 2021 • Includes ~$35M of revenue from Redflex and ~427M from VRRM • VRRM standalone service revenue would exceed FY
Slide 8: Appendix
APPENDIX és esp y S\ VERRA 4, >1 MOBILITY 7
Slide 9: Consolidated Results of Operations
Consolidated Results of Operations Unaudited ($ in millions) Q1 2020 Q2 2020 Q3 2020 Q4 2020 Full Year 2020 Q1 2021 Q2 2021 Service revenue $99.5 $62.8 $83.0 $91.0 $336.3 $89.8 $116.4 Product sales 17.2 17.0 13.9 9.2 57.3 0.1 12.2 Total revenue $116.7 $79.8 $96.9 $100.2 $393.6 $89.9 $128.7 Cost of s
Slide 10: Segment Results of Operations
Segment Results of Operations Commercial Services Q1 2020 Q2 2020 Q3 2020 Q4 2020 Full Year 2020 Q1 2021 Q2 2021 Unaudited ($ in millions) Segment Revenue Commercial Services $61.2 $27.3 $44.2 $48.2 $180.9 $45.7 $66.5 Segment Adj EBITDA Commercial Services $33.6 $7.3 $31.0 $25.2 $97.2 $22.6 $42.8 Go
Slide 11: Thank You
Thank You http://ir.verramobility.com/