Verra Mobility(US:VRRM)2022-06-11 19:10Business Overview - Verra Mobility is a leading provider of smart mobility solutions addressing critical needs for cities, fleets, and universities [9] - The company operates in three business segments: Commercial Services, Government Solutions, and Parking Solutions [12] Financial Performance - Commercial Services generated $289 million in service revenue [12] - Government Solutions generated $257 million in service revenue [12] - Parking Solutions generated $18 million in service revenue [12] - The Compound Annual Growth Rate (CAGR) for service revenue from 2017 to 2021 was 21% [15] Competitive Advantages - Verra Mobility is a market leader with highly differentiated platforms [14] - The company has a contracted, reoccurring revenue business model [15] - Verra Mobility is a leading provider of road safety cameras in the U S [14] - The company is a leading provider of toll and violation management to rental car and fleet management companies in the U S [14] Future Growth - The company has a platform for future growth in connected fleet, shared economy, and smart mobility markets [15]