Gores Holdings II Inc
Company Overview
Verra Mobility Corporation is a smart transportation technology company that provides solutions and services for toll management, violation processing, and fleet management. The company operates through two segments: Commercial Services and Government Solutions.
The Commercial Services segment provides automated toll and violation management solutions to rental car companies, fleet management companies, and other large fleet owners. The Government Solutions segment provides automated safety solutions to municipalities and school districts, including red-light, speed, school bus stop arm, and crosswalk enforcement systems.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $225.55m | $180.42m | - | $18.76m | 0.00% | 10.40% |
| June 30, 2024 | $222.43m | $180.1m | - | $18.84m | 0.00% | 10.46% |
| March 31, 2024 | $209.73m | $175.61m | - | $20.23m | 0.00% | 11.52% |
Company Impact
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