Sat, June 27, 2026
AUS Edition NZ Edition UK Edition
CA Edition USA Edition IND Edition
Kalkine Media ASX Share Market News & Research
Kalkine Media ASX Share Market News & Research
  1. Home
  2. Companies
  3. VERX
Technology
Facebook Twitter Linkedin

Vertex (NASDAQ:VERX)

11.37 USD

+0.530 4.889%
Last Updated at: 2026-06-26T20:00:00Z

Vertex

Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools, role-based security, and event logging; tax data management; document management; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; and managed services, including tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

2301 Renaissance Boulevard, King of Prussia, PA, United States, 19406

800 355 3500

https://www.vertexinc.com

Employees: 1500

Key Executives

Sr. No. Name Title Year Born
1. Mr. David DeStefano CEO, Pres & Chairman 1963
2. Ms. Amanda Westphal Radcliffe Co-Owner & Director 1969
3. Ms. Stefanie Westphal-Lucas Thompson Co-Owner & Director 1963
4. Mr. John R. Schwab Chief Financial Officer 1968
5. Ms. Lisa Butler Chief Accounting Officer 1966
6. Mr. Ray Westphal Founder NA
7. Mr. Steven Hinckley Chief Operating Officer NA
8. Mr. Salvatore Visca Chief Technology Officer 1966
9. Mr. Ben Askin Chief Information Officer NA
10. Mr. Joseph J. Crivelli VP of Investor Relations NA

Peers

Sector: Technology

Industry: Software - Application

Company Change (USD) Price (USD) Trailing PE(x) Forward PE(x) Price Sales TTM(x) Price to Book Value(x) Enterprise Value to Revenue(x) Enterprise Value to EBITDA(x)
SAPGF

SAP SE

 +6.250 4.219% 151.98 76.280 22.883 5.613 3.839 5.589 26.175
SAP

SAP SE ADR

 +7.030 4.748% 150.98 75.800 22.371 5.616 3.748 5.507 25.790
CRM

Salesforce.com Inc

 +8.180 5.446% 151.49 23.990 14.144 4.159 2.576 3.853 12.750
INTU

Intuit Inc

 +12.650 4.959% 260.32 55.560 32.680 11.285 10.074 11.617 40.107

Income Statement

(Currency in USD)
Breakdown 31-12-2022 31-12-2021 31-12-2020 31-12-2019 31-12-2018
Income Before Tax -10.13M -3.926M -107.869M 30.902M -4.427M
Minority Interest - - - - -
Net Income -12.304M -1.479M -78.937M 23.077M -6.106M
Selling General Administrative 121.651M 107.009M 149.057M 71.014M 58.947M
Gross Profit 298.492M 263.656M 209.278M 211.122M 176.705M
Reconciled Depreciation 61.153M 44.782M 32.215M 25.19M 24.901M
Ebit -8.082M -2.942M -104.758M 31.855M 29.859M
Ebitda 53.071M 41.84M -72.543M 58.128M 54.76M
Depreciation And Amortization 61.153M 44.782M 32.215M 26.273M 24.901M
Operating Income -8.082M -2.942M -104.758M 31.855M -2.833M
Other Operating Expenses 499.706M 428.49M 479.423M 289.645M 242.544M
Interest Expense 2.048M 0.984M 3.111M 2.036M 1.594M
Tax Provision 2.174M -2.447M -28.932M 7.825M 1.679M
Interest Income - - - 1.083M 0.526M
Net Interest Income -2.048M -0.984M -3.111M -0.953M -1.594M
Income Tax Expense 2.174M -2.447M -28.932M 7.825M 1.679M
Total Revenue 491.624M 425.548M 374.665M 321.5M 272.403M
Total Operating Expenses 306.574M 266.598M 314.036M 179.267M 146.846M
Cost Of Revenue 193.132M 161.892M 165.387M 110.378M 95.698M
Total Other Income Expense Net -2.048M -0.984M -3.111M -0.953M -32.692M
Net Income From Continuing Ops -12.304M -1.479M -78.937M 23.077M -6.106M
Net Income Applicable To Common Shares -12.304M -1.479M -78.937M 31.057M -6.106M

Balance Sheet

(Currency in USD)
Breakdown 31-12-2023 31-12-2022 31-12-2021 31-12-2020 31-12-2019
Total Assets 759.927M 719.192M 670.207M 554.928M 264.623M
Intangible Assets 41.167M 296.035M 36.103M 31.989M 32.075M
Other Current Assets 22.178M 20.383M 45.409M 22.481M 19.287M
Total Liab 506.946M 489.467M 440.123M 329.442M 377.055M
Total Stockholder Equity 252.981M 229.725M 230.084M 225.486M -112.432M
Other Current Liab 120.749M 113.656M 114.571M 74.65M 81.251M
Common Stock 0.154M 0.15M 0.149M 0.146M 0.054M
Capital Stock 0.154M 0.15M 0.149M 0.146M 0.054M
Retained Earnings -0.586M 12.507M 24.811M 21.926M -90.701M
Good Will 257.842M 251.842M 270.041M 18.711M 0M
Other Assets 0M 49.013M 49.753M 76.969M 12.264M
Cash 89.151M 91.803M 73.333M 303.051M 75.903M
Cash And Equivalents - - - - -
Total Current Liabilities 440.779M 403.209M 369.132M 291.968M 334.529M
Current Deferred Revenue 290.143M 268.847M 237.344M 207.56M 191.745M
Net Debt -22.183M -18.286M -44.728M -301.944M -24.417M
Short Term Debt 6.291M 6.377M 4.217M 0.882M 50.804M
Short Long Term Debt 2.5M 2.188M - 0.882M 50.804M
Short Long Term Debt Total 66.968M 73.517M 28.605M 1.107M 51.486M
Other Stockholder Equity 275.155M 244.82M 222.621M 206.541M -21.294M
Property Plant Equipment - 115.768M 118.639M 56.557M 54.727M
Total Current Assets 262.626M 241.189M 195.671M 402.691M 165.557M
Long Term Investments - - - - -
Short Term Investments 9.545M 11.173M 24.873M - -
Net Receivables 141.752M 102.885M 76.929M 77.159M 70.367M
Long Term Debt 44.059M 46.709M - 0.225M 0.682M
Inventory - 14.945M 24.873M - -
Accounts Payable 23.596M 14.329M 13M 8.876M 10.729M
Accumulated Other Comprehensive Income -21.742M -27.752M -17.497M -3.127M -0.491M
Non Currrent Assets Other 41.245M 18.075M 1.9M 3.263M 12.264M
Non Current Assets Total 497.301M 478.003M 474.536M 152.237M 99.066M
Capital Lease Obligations 20.409M 24.62M 28.605M 1.107M -
Long Term Debt Total - - - - -

Cash Flow

(Currency in USD)
Breakdown 31-12-2022 31-12-2021 31-12-2020 31-12-2019 31-12-2018
Investments -11.154M -296.458M -44.375M -37.56M -33.314M
Total Cashflows From Investing Activities -85.046M -296.458M -44.375M -37.56M -33.314M
Total Cash From Financing Activities 17.094M -9.099M 213.632M -30.629M -30.697M
Net Income -12.304M -1.479M -78.937M 31.057M -6.106M
Change In Cash 8.542M -214.067M 228.778M 24.321M 16.036M
Begin Period Cash Flow 98.206M 312.273M 83.495M 59.174M 43.138M
End Period Cash Flow 106.748M 98.206M 312.273M 83.495M 59.174M
Total Cash From Operating Activities 76.846M 91.969M 59.543M 92.498M 80.449M
Depreciation 61.153M 44.782M 32.215M 25.19M 24.901M
Other Cashflows From Investing Activities -15.362M -263.072M -23.42M - -
Dividends Paid -0.536M -2.7M -146.116M -28.566M 28.024M
Change To Inventory - -6.679M 3.027M 1.73M 2.09M
Sale Purchase Of Stock 1.821M -2.06M 197.265M -0.841M -1.277M
Other Cashflows From Financing Activities 17.971M -5.435M -21.79M 4.276M 1.711M
Capital Expenditures 73.418M 45.046M 32.805M 37.56M 33.314M
Change In Working Capital 1.785M 20.61M 8.767M 24.868M 22.452M
Other Non Cash Items 7.828M 5.012M -20.763M -0.061M 33.247M
Free Cash Flow 3.428M 46.923M 26.738M 54.938M 47.135M

Funds

Sr. No. Name Purchased On Shares
1. Neuberger Berman Genesis Inv 2 years ago 2388315
2. Conestoga Small Cap Investors 2 years ago 1960002
3. Vanguard Total Stock Mkt Idx Inv 2 years ago 1734569
4. Vanguard Small Cap Index 2 years ago 1394568
5. JPMorgan Small Cap Growth A 2 years ago 1127680
6. Vanguard Information Technology ETF 2 years ago 1121907
7. Alger Weatherbie Specialized Growth A 2 years ago 955673
8. Loomis Sayles Small Cap Growth Instl 2 years ago 890418
9. Conestoga Small Cap Growth 2 years ago 830673
10. Putnam US Small Cap Growth Equity 2 years ago 814282
11. Putnam Small Cap Growth A 2 years ago 814282
12. Putnam US Small Cap Growth Managed Acct 2 years ago 814282
13. Janus Henderson US Small Cap Growth 2 years ago 792311
14. Janus Henderson Venture D 2 years ago 792311
15. Vanguard Small Cap Growth Index Inv 2 years ago 787758
16. Alger Small Cap Focus Composite 2 years ago 727923
17. Palisade Small Cap Core Equity 2 years ago 673905
18. Vanguard Institutional Extnd Mkt Idx Tr 2 years ago 671716
19. Empower Small Cap Growth/TimesSquare SP 2 years ago 588679
20. Alger Small Cap Focus I 2 years ago 567855

Institutions

Sr. No. Name Purchased On Shares
1. Vanguard Group Inc 2 years ago 5791215
2. Tensile Capital Management LLC 2 years ago 4760550
3. Fred Alger Management, LLC 2 years ago 4563457
4. Neuberger Berman Group LLC 2 years ago 3571121
5. Conestoga Capital Advisors, LLC 2 years ago 2806830
6. JPMorgan Chase & Co 2 years ago 2192115
7. Legacy Advisors, LLC 2 years ago 2164221
8. WSFS CAPITAL MANAGEMENT, LLC 2 years ago 1596000
9. TimesSquare Capital Management, LLC 2 years ago 1386848
10. Loomis, Sayles & Company LP 2 years ago 1383755
11. Next Century Growth Investors LLC 2 years ago 1275087
12. BlackRock Inc 2 years ago 1209343
13. Palisade Capital Management LLc 2 years ago 1182340
14. Pembroke Management Ltd 2 years ago 927129
15. HHG PLC 2 years ago 849154
16. Putnam Investments, LLC., a Franklin Templeton company 2 years ago 834027
17. Fuller & Thaler Asset Management Inc 2 years ago 826280
18. Granahan Investment Management Inc.. 2 years ago 739303
19. William Blair Investment Management, LLC 2 years ago 724037
20. Silvercrest Asset Management Group LLC 2 years ago 712926
Disclaimer

Data Powered by EOD Historical Data (“EODHD”). All CFDs (stocks, indices, mutual funds, ETFs), and Forex are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. EODHD is not using exchanges data feeds for the pricing data, EODHD is using OTC, peer to peertrades and trading platforms over 100+ sources, EODHD is aggregating its data feeds via VWAP method. Therefore, EOD Historical Data doesn’t bear any responsibility for any trading losses you might incur as a result of using this data. EOD Historical Data or anyone involved with EOD Historical Data will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. EOD Historical Data does not give any warranties (including, without limitation, as to merchantability or fitness for a particular purpose or use).

Sponsored Articles

Related Articles

Code Price Chg %Chg
View All
Code Price Chg %Chg
View All
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
Open in the App