Verra Mobility Corporation

Verra Mobility Corporation provides smart mobility technology solutions across the United States, Australia, Europe, and Canada. Its operations are divided into three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment offers automated toll and violations management, as well as title and registration solutions for rental car companies, fleet management companies, and fleet owners. The Government Solutions segment provides photo enforcement solutions, including speed, red-light, and school bus stop arm enforcement, along with related maintenance services for municipalities and law enforcement. The Parking Solutions segment delivers parking software, transaction processing, and hardware solutions for universities, municipalities, healthcare facilities, and commercial parking operators, including permit issuance, enforcement, and citation services.

Verra Mobility Corporation is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol VRRM. Its shares are traded in US Dollars (USD), as the company is headquartered in the United States and reports its financial results in USD. The NasdaqCM is a US-based stock exchange that lists companies meeting specific market capitalization and financial requirements, providing liquidity and visibility for investors.

Verra Mobility Corporation operates in the Technology sector and is classified under the Information Technology Services industry. This means the company focuses on providing technology-driven services rather than manufacturing hardware. Its smart mobility solutions leverage software, data processing, and automated systems to manage tolls, traffic violations, parking, and enforcement. As an IT services company, Verra Mobility helps clients—such as rental car companies, municipalities, and parking operators—streamline operations through digital platforms and integrated hardware-software solutions.

Verra Mobility Corporation is headquartered in Mesa, Arizona, United States, and was founded in 1987. The company serves markets across the United States, Australia, Europe, and Canada. Its geographic reach includes providing toll management and violation solutions in North America and Europe, photo enforcement services to municipalities and school districts in the US and abroad, and parking solutions to universities, healthcare facilities, and commercial operators in multiple countries. This international presence allows Verra Mobility to address diverse mobility challenges in both public and private sectors.

Verra Mobility generates revenue through three main business segments. The Commercial Services segment earns fees from automated toll and violations management for rental car companies and fleet operators, as well as title and registration services. The Government Solutions segment generates revenue by providing end-to-end photo enforcement solutions—including speed, red-light, and school bus stop arm enforcement—and recurring maintenance services for the equipment and software. The Parking Solutions segment derives income from an integrated suite of parking software, transaction processing, and hardware solutions, including permit issuance, enforcement, gateless vehicle counting, event parking, and citation services, often delivered as software-as-a-service (SaaS).