(VRRM) Verra Mobility - Ratings and Ratios

Verra Mobility Corporation is a leading provider of smart mobility technology solutions and services, with a presence in key markets including the United States, Australia, Canada, and Europe. The company's operations are organized into three distinct segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment is focused on delivering automated toll and violations management, as well as title and registration services, to a diverse range of clients including rental car companies, fleet management companies, and other large fleet owners. This enables these organizations to streamline their operations, reduce administrative burdens, and improve overall efficiency.

The Government Solutions segment is centered on providing automated safety solutions to national, state, and local government agencies. This includes a range of services and technologies that leverage road safety cameras to detect and process traffic violations, such as red-light, speed, school bus, and city bus lanes. By utilizing these solutions, government agencies can enhance public safety, reduce the risk of accidents, and create a more sustainable transportation infrastructure. The segment serves a broad range of clients, including municipalities, counties, school districts, and law enforcement agencies, highlighting the company's ability to adapt its solutions to meet the unique needs of different government entities.

The Parking Solutions segment offers an integrated suite of parking software and hardware solutions, designed to meet the needs of universities, municipalities, parking operators, healthcare facilities, and transportation hubs. These solutions enable organizations to manage their parking operations more effectively, optimize revenue, and improve the overall parking experience for users. With its comprehensive range of solutions, Verra Mobility Corporation is well-positioned to capitalize on the growing demand for smart mobility technologies and services, driven by increasing urbanization, rising traffic congestion, and the need for more sustainable transportation systems.

Verra Mobility Corporation was incorporated in 2016 and is headquartered in Mesa, Arizona, with a web presence at https://www.verramobility.com. The company's common stock is listed on the NASDAQ exchange, and it is classified under the Internet Services & Infrastructure sub-industry, reflecting its focus on providing technology-enabled solutions and services to the mobility sector. With an ISIN of US92511U1025, Verra Mobility Corporation is a publicly traded company that offers investors a unique opportunity to participate in the growth of the smart mobility market.