
Quarterly report 2023-Q2
added 08-09-2023
Vertex Financial Statements 2011-2026 | VERX
Annual Financial Statements Vertex
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Historical Prices |
17.9 | 15.9 | 34.9 | - | - | - | - | - | - | - | - | - |
Net Income |
-12.3 M | -1.48 M | -75.1 M | 23.1 M | -6.11 M | - | - | - | - | - | - | - |
Revenue |
492 M | 426 M | 375 M | 322 M | 272 M | - | - | - | - | - | - | - |
Cost of Revenue |
193 M | 162 M | 165 M | 110 M | 95.7 M | - | - | - | - | - | - | - |
Gross Profit |
298 M | 264 M | 209 M | 211 M | 177 M | - | - | - | - | - | - | - |
Operating Income |
-8.08 M | -2.94 M | -105 M | 31.9 M | -2.83 M | - | - | - | - | - | - | - |
Interest Expense |
- | - | - | -953 K | -1.59 M | - | - | - | - | - | - | - |
EBITDA |
53.1 M | 41.8 M | -72.5 M | 40.9 M | 37.8 M | - | - | - | - | - | - | - |
Operating Expenses |
307 M | 267 M | 314 M | 179 M | 147 M | - | - | - | - | - | - | - |
General and Administrative Expenses |
122 M | 107 M | 149 M | 71 M | 58.9 M | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Vertex
| 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income |
-6.9 M | -18.1 M | - | -1.14 M | -5.52 M | -334 K | - | -3.95 M | 808 K | 2.29 M | - | -17.2 M | -29.1 M | -29.1 M | - | 11.9 M | 7.12 M | 7.32 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
140 M | 133 M | - | 126 M | 119 M | 115 M | - | 111 M | 105 M | 98.2 M | - | 94.6 M | 91.3 M | 89.2 M | - | 82.4 M | 78.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
53.9 M | 51.7 M | - | 50.7 M | 48.1 M | 44.9 M | - | 43.9 M | 37.4 M | 36.9 M | - | 48 M | 41.7 M | 39.5 M | - | 27.4 M | 27.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
85.8 M | 81 M | - | 75.6 M | 71.1 M | 70.1 M | - | 66.8 M | 67.6 M | 61.3 M | - | 46.6 M | 49.5 M | 49.8 M | - | 55 M | 51.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-4.07 M | -8.93 M | - | -871 K | -4.3 M | 468 K | - | -3.61 M | -1.46 M | 2.14 M | - | -50 M | -29 M | -28.2 M | - | 12.3 M | 7.65 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
105 K | 350 K | - | -361 K | -724 K | 6 K | - | -521 K | 385 K | -535 K | - | 1.88 M | 1.16 M | -569 K | - | 503 K | 539 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-3.33 M | 8.01 M | - | 44.5 M | -2.22 M | 13.4 M | - | 28.3 M | 16.2 M | 11 M | - | -26.4 M | -13.6 M | -20.8 M | - | 30.5 M | 19.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
89.9 M | 89.9 M | - | 76.5 M | 75.4 M | 69.6 M | - | 70.4 M | 69 M | 59.2 M | - | 96.6 M | 78.5 M | 78 M | - | 42.7 M | 43.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
39.4 M | 34.3 M | - | 31.7 M | 30.1 M | 28.8 M | - | 31.2 M | 24.9 M | 24.9 M | - | 48 M | 37.8 M | 37.6 M | - | 17.3 M | 16.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Main types of financial statements Vertex VERXFinancial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.
- Income Statement
Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability. - Balance Sheet
Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
Liabilities — debts and other external sources of financing.
Equity — owners' capital and retained earnings. - Cash Flow Statement
Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
- IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
- GAAP — Generally Accepted Accounting Principles used in the United States.
- RAS — Russian Accounting Standards, used domestically in Russia.
Financial reporting Vertex plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.
In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.
Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.
Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.
Financial statements of other stocks in the Software industry
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
SAP SE
SAP
|
$ 247.47 | 2.67 % | $ 160 B | ||
|
ServiceNow
NOW
|
$ 141.69 | -3.08 % | $ 29.2 B | ||
|
NICE Ltd.
NICE
|
$ 117.59 | 0.03 % | $ 7.46 B | ||
|
A10 Networks
ATEN
|
$ 17.3 | -0.12 % | $ 1.28 B | ||
|
Auddia
AUUD
|
$ 1.02 | - | $ 2.62 M | ||
|
FireEye, Inc.
FEYE
|
- | -3.41 % | $ 4.13 B | ||
|
Altair Engineering
ALTR
|
- | - | $ 9.4 B | ||
|
Powerbridge Technologies Co., Ltd.
PBTS
|
- | 2.4 % | $ 115 M | ||
|
American Software
AMSWA
|
- | -2.14 % | $ 369 M | ||
|
StoneCo Ltd.
STNE
|
$ 14.96 | 2.22 % | $ 3.85 B | ||
|
Lightspeed POS
LSPD
|
$ 12.17 | -0.73 % | $ 1.63 B | ||
|
Creative Realities
CREX
|
$ 3.11 | -4.3 % | $ 26.4 M | ||
|
Sapiens International Corporation N.V.
SPNS
|
- | - | $ 2.43 B | ||
|
Box
BOX
|
$ 29.73 | 0.54 % | $ 4.29 B | ||
|
Commvault Systems
CVLT
|
$ 123.88 | -0.21 % | $ 5.43 B | ||
|
CyberArk Software Ltd.
CYBR
|
$ 457.41 | -0.76 % | $ 20.2 B | ||
|
Avaya Holdings Corp.
AVYA
|
- | - | $ 3.47 M | ||
|
Net Element, Inc.
NETE
|
- | 8.63 % | $ 83.8 M | ||
|
Aspen Technology
AZPN
|
- | - | $ 16.8 B | ||
|
Bill.com Holdings
BILL
|
$ 54.46 | -0.16 % | $ 5.64 B | ||
|
BigCommerce Holdings
BIGC
|
- | - | $ 371 M | ||
|
BlackBerry Limited
BB
|
$ 3.83 | -0.78 % | $ 2.27 B | ||
|
Calix
CALX
|
$ 51.92 | 0.82 % | $ 3.42 B | ||
|
Black Knight
BKI
|
- | -0.02 % | $ 11.7 B | ||
|
EVERTEC
EVTC
|
$ 30.06 | -0.76 % | $ 1.93 B | ||
|
Bridgeline Digital
BLIN
|
$ 0.82 | 0.43 % | $ 8.54 M | ||
|
Borqs Technologies
BRQS
|
- | -23.51 % | $ 9.87 M | ||
|
BlackLine
BL
|
$ 56.12 | 1.67 % | $ 3.49 B | ||
|
BSQUARE Corporation
BSQR
|
- | 0.53 % | $ 38.6 K | ||
|
Check Point Software Technologies Ltd.
CHKP
|
$ 192.83 | 1.08 % | $ 21.3 B | ||
|
Bentley Systems, Incorporated
BSY
|
$ 40.11 | 0.53 % | $ 12.6 B | ||
|
Future FinTech Group
FTFT
|
$ 0.75 | 0.56 % | $ 15.7 M | ||
|
Blackbaud
BLKB
|
$ 62.31 | 0.75 % | $ 3.15 B | ||
|
Cheetah Mobile
CMCM
|
$ 6.52 | 1.24 % | $ 9.32 B | - | |
|
Proofpoint, Inc.
PFPT
|
- | - | $ 10.1 B | ||
|
Bumble
BMBL
|
$ 3.45 | -1.99 % | $ 417 M | ||
|
CSG Systems International
CSGS
|
$ 79.5 | 0.04 % | $ 2.25 B | ||
|
Zix Corporation
ZIXI
|
- | 0.12 % | $ 482 M | ||
|
CDK Global
CDK
|
- | 0.06 % | $ 6.34 B | ||
|
Cadence Design Systems
CDNS
|
$ 327.6 | 2.76 % | $ 88.8 B | ||
|
DocuSign
DOCU
|
$ 69.01 | -1.13 % | $ 14.1 B | ||
|
Endava plc
DAVA
|
$ 6.95 | 3.12 % | $ 2.5 B | - | |
|
Diebold Nixdorf, Incorporated
DBD
|
$ 67.58 | -0.62 % | $ 2.54 B | ||
|
eGain Corporation
EGAN
|
$ 11.05 | -0.72 % | $ 311 M | ||
|
Ceridian HCM Holding
CDAY
|
- | - | $ 10.6 B | ||
|
Datadog
DDOG
|
$ 125.54 | -3.94 % | $ 42.2 B | ||
|
Alteryx
AYX
|
- | - | $ 3.42 B | ||
|
Amdocs Limited
DOX
|
$ 83.89 | -0.22 % | $ 9.69 B | ||
|
8x8
EGHT
|
$ 1.92 | 0.26 % | $ 249 M | ||
|
Bit Digital
BTBT
|
$ 2.19 | -0.71 % | $ 307 M |