Verra Mobility(VRRM) - 2019 Q3 - Earnings Call Presentation

Financial Performance - Q3 2019 - Total revenue grew to $128.2 million in Q3 2019, an increase of $20.6 million or 19% year-over-year from $107.6 million in Q3 2018[37] - Adjusted EBITDA reached $70.8 million, up from $61.9 million in the same quarter of 2018[37] - Commercial Services revenue was $77.6 million in Q3, an 8% increase year-over-year[29] - Government Solutions revenue was $50.6 million in Q3, a 42% increase year-over-year[29] Profitability & Margins - Commercial Services adjusted EBITDA was $51.1 million in Q3, a $1.7 million or 3% improvement year-over-year[29] - Government Solutions adjusted EBITDA was $19.8 million in Q3, a $7.2 million or 58% improvement year-over-year[29] - Pro Forma Adjusted EBITDA margin was 55%[32] Debt & Leverage - Net debt leverage decreased to 3.3x[36] Acquisition - Verra Mobility acquired Pagatelia to accelerate European expansion[13]