Vertex
VERX
12.33
+0.04
+0.33%
Vertex
US · VERX
#2791 by market cap
Listed 2020
12.33
+0.04
+0.33%
Live - 5344 symbols - heartbeat 509s ago
· 2026-10-08 07:09
Pre-market
12.56
+1.87%
After-hours
12.33
0.00%
- Market cap
- 2.00B
- P/E (TTM)i
- 616.50
- P/Bi
- 8.30
- EPSi
- 0.04
- Div yieldi
- 0.00%
- 52W posi
- 13%
Reader sentiment
Are you bullish or bearish on VERX?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.67, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +12.25% YoY
Margins
- Gross margin
- 64.35%
- Operating margin
- -1.96%
- Net margin
- 0.96%
Key ratios & quality
- Enterprise valuei
- 2.03B
- Altman Z-Scorei
- 1.67
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 272.40M | 321.50M | 374.67M | 425.55M | 491.62M | 572.39M | 666.78M | 748.44M |
| Gross profit | 176.71M | 211.12M | 209.28M | 263.66M | 298.49M | 348.58M | 426.13M | 481.60M |
| Selling & admin expenses | 115.85M | 139.14M | 248.48M | 206.01M | 246.99M | 286.17M | 323.41M | 375.17M |
| Research & development | 23.76M | 30.56M | 54.34M | 44.02M | 41.88M | 58.21M | 66.67M | 83.72M |
| Operating profit | 29.86M | 31.86M | -104.76M | -2.94M | -8.08M | -17.51M | 15.27M | -14.67M |
| Pretax profit | -4.43M | 30.90M | -107.87M | -3.93M | -10.13M | -21.67M | 1.91M | 7.58M |
| Tax | 1.68M | -155.00K | -32.79M | -2.45M | 2.17M | -8.58M | 54.64M | 368.00K |
| Net profit | -6.11M | 31.06M | -75.08M | -1.48M | -12.30M | -13.09M | -52.73M | 7.21M |
| Basic EPS | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.05 | 0.24 | -0.57 | -0.01 | -0.08 | -0.09 | -0.34 | 0.04 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 177.06M | 184.56M | 192.11M | 194.71M | 196.65M | 203.97M |
| Gross profit | 112.99M | 121.20M | 121.32M | 126.09M | 124.87M | 131.30M |
| Selling & admin expenses | 93.18M | 91.85M | 91.99M | 98.15M | 106.97M | 103.04M |
| Research & development | 20.89M | 20.58M | 19.93M | 22.32M | 24.55M | 24.81M |
| Operating profit | -10.21M | -1.56M | 320.00K | -3.21M | -16.34M | -4.54M |
| Pretax profit | 6.03M | -2.64M | 5.57M | -1.38M | -9.65M | -4.10M |
| Tax | -5.11M | -1.68M | 1.52M | 5.63M | -7.14M | -13.14M |
| Net profit | 11.13M | -961.00K | 4.05M | -7.00M | -2.51M | 9.04M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.07 | -0.01 | 0.02 | -0.04 | -0.02 | 0.06 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 132.32M | 165.56M | 402.69M | 195.67M | 243.15M | 266.62M | 536.33M | 560.71M |
| Cash & ST investments | 55.84M | 75.90M | 303.05M | 73.33M | 102.98M | 77.72M | 305.21M | 314.01M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 215.07M | 264.62M | 558.78M | 670.21M | 719.19M | 759.93M | 1.17B | 1.27B |
| Total current liabilities | 238.75M | 334.53M | 291.97M | 369.13M | 403.21M | 440.78M | 537.38M | 574.66M |
| Short-term debt | 4.91M | 50.80M | 882.00K | 4.22M | 6.38M | 6.29M | 4.07M | 4.34M |
| Long-term debt | 49.97M | 682.00K | -- | -- | 46.71M | 44.06M | 335.22M | 337.48M |
| Total liabilities | 326,768,000.00 | 377,055,000.00 | 329,442,000.00 | 440,123,000.00 | 489,467,000.00 | 506,946,000.00 | 987,439,000.00 | 1,011,915,000.00 |
| Total equity | -111.70M | -112.43M | 229.34M | 230.08M | 229.73M | 252.98M | 179.35M | 258.92M |
| Retained earnings | -88.04M | -90.70M | 25.78M | 24.81M | 12.51M | -586.00K | -53.32M | -46.10M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 504.96M | 502.73M | 518.83M | 560.71M | 488.51M | 491.95M |
| Cash & ST investments | 270.40M | 284.39M | 313.51M | 314.01M | 252.46M | 230.49M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.15B | 1.20B | 1.22B | 1.27B | 1.21B | 1.21B |
| Total current liabilities | 513.11M | 506.32M | 515.94M | 574.66M | 566.58M | 564.42M |
| Short-term debt | 4.12M | 4.29M | 4.31M | 4.34M | 4.37M | 4.50M |
| Long-term debt | 335.78M | 336.35M | 336.91M | 337.48M | 338.04M | 338.61M |
| Total liabilities | 953,654,000.00 | 950,147,000.00 | 957,386,000.00 | 1,011,915,000.00 | 967,864,000.00 | 969,040,000.00 |
| Total equity | 200.49M | 248.04M | 264.47M | 258.92M | 246.50M | 241.11M |
| Retained earnings | -42.19M | -43.15M | -39.10M | -46.10M | -48.61M | -39.57M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 80.45M | 92.50M | 59.54M | 90.29M | 63.85M | 74.33M | 164.82M | 165.54M |
| Depreciation & amortization | 24.90M | 25.19M | 32.22M | 44.78M | 61.15M | 74.46M | 86.74M | 100.67M |
| Free cash flow | 47.14M | 54.94M | 26.74M | 46.92M | 3.43M | 6.10M | 77.71M | 47.59M |
| Dividends paid | -28.02M | -28.57M | -146.12M | -2.70M | -536.00K | -- | -- | -- |
| Stock buybacks / issuance | -1.28M | -841.00K | 423.02M | -- | -- | 0 | 0 | -10.09M |
| Ending cash balance | 59.17M | 83.50M | 312.27M | 98.21M | 106.75M | 89.15M | 326.07M | 338.30M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 14.81M | 46.00M | 62.47M | 42.27M | 37.98M | 30.90M |
| Depreciation & amortization | 23.27M | 24.45M | 25.97M | 26.98M | 28.09M | 30.48M |
| Free cash flow | -12.25M | 19.59M | 30.15M | 10.10M | 7.66M | 2.73M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | 0 | -- | -- | -20.04M | -26.56M |
| Ending cash balance | 303.68M | 310.76M | 338.79M | 338.30M | 270.15M | 256.99M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -139.64 | -0.65 | -5.35 | -5.42 | -24.39 | 3.29 |
| ROA %i | -2.84 | 10.26 | -19.26 | -0.24 | -1.77 | -1.77 | -5.47 | 0.59 |
| ROIC %i | -- | -- | -92.56 | -0.31 | -3.80 | -3.39 | -13.16 | 0.39 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -32.85 | -6.50 |
| EBIT margin %i | -1.04 | 10.25 | -27.96 | -0.69 | -1.64 | -3.06 | 2.29 | -1.96 |
| FCF / sales %i | 17.30 | 17.09 | 7.14 | 11.03 | 0.70 | 1.07 | 11.65 | 6.36 |
| Current ratioi | 0.55 | 0.49 | 1.38 | 0.53 | 0.60 | 0.60 | 1.00 | 0.98 |
| Quick ratioi | 0.49 | 0.44 | 1.30 | 0.41 | 0.51 | 0.50 | 0.87 | 0.87 |
| Debt / assetsi | 25.52 | 19.46 | 0.20 | 4.27 | 10.22 | 8.81 | 30.16 | 27.60 |
| LT debt / equityi | -- | -- | 0.10 | 10.60 | 29.23 | 23.98 | 193.93 | 133.80 |
| Interest coveragei | -1.78 | 16.18 | -33.67 | -2.99 | -3.95 | -4.21 | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | 16.03 | 15.21 | 15.17 | 16.15 | 15.04 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -0.15 | -60.34 | -38.90 | 18.31 | 140.34 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -19.65 | -20.95 | -20.47 | 3.29 | -2.88 | 1.46 |
| ROA %i | -4.64 | -4.54 | -4.44 | 0.59 | -0.54 | 0.30 |
| ROIC %i | -10.21 | -8.50 | -9.46 | 0.39 | -1.12 | 0.60 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 0.96 | -0.35 | -0.96 | -1.96 | -2.71 | -3.02 |
| FCF / sales %i | 8.87 | 6.14 | 7.56 | 6.36 | 8.79 | 6.43 |
| Current ratioi | 0.98 | 0.99 | 1.01 | 0.98 | 0.86 | 0.87 |
| Quick ratioi | 0.82 | 0.85 | 0.86 | 0.87 | 0.73 | 0.68 |
| Debt / assetsi | 30.44 | 29.37 | 28.76 | 27.60 | 28.83 | 28.92 |
| LT debt / equityi | 173.20 | 140.14 | 131.23 | 133.80 | 140.27 | 143.26 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 07:09:53 · For reference only, not investment advice and not tailored to your situation.