Vertex VERX
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Vertex (VERX) Business Model and Operations Summary
Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
Key Insights
Vertex (VERX) Core Market Data and Business Metrics
Latest Closing Price
$36.08Market Cap
$5.72 BillionTotal Outstanding Shares
71.70 Million SharesTotal Employees
1,900Dividend
No dividendIPO Date
July 29, 2020SIC Description
Services-prepackaged SoftwarePrimary Exchange
NASDAQHeadquarters
2301 Renaissance Boulevard, King Of Prussia, PA, 19406
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $204.53 Million |
| Net Cash Flow | $224.26 Million |
| Net Cash Flow, Continuing | $222.68 Million |
| Exchange Gains/Losses | $1.59 Million |
| Net Cash Flow From Investing Activities | $-153.18 Million |
| Net Cash Flow From Financing Activities, Continuing | $204.53 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Income/Loss From Continuing Operations Before Tax | $6.83 Million |
| Interest Income/Expense After Provision For Losses | $-1.55 Million |
| Benefits Costs and Expenses | $636.40 Million |
| Other Operating Expenses | $253.50 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss Attributable To Parent | $9.21 Million |
| Other Comprehensive Income/Loss | $9.21 Million |
| Comprehensive Income/Loss Attributable To Parent | $39.61 Million |
| Comprehensive Income/Loss | $39.61 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Non-current Assets | $545.75 Million |
| Liabilities And Equity | $1.19 Billion |
| Noncurrent Liabilities | $473.89 Million |
| Equity | $259.03 Million |
| Current Liabilities | $457.92 Million |
| Equity Attributable To Parent | $259.03 Million |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||