Vertex
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 322m | 375m | 426m | 492m | 572m | 658m | 749m |
| % growth | 18 % | 17 % | 14 % | 16 % | 16 % | 15 % | 14 % |
| EBITDA | 58.1m | (72.5m) | 41.8m | 53.1m | 57.0m | - | - |
| % EBITDA margin | 18 % | (19 %) | 10 % | 11 % | 10 % | - | - |
| Profit | 23.1m | (78.9m) | (1.5m) | (12.3m) | (13.1m) | - | - |
| % profit margin | 7 % | (21 %) | - | (3 %) | (2 %) | - | - |
| R&D budget | 30.6m | 54.3m | 44.0m | 41.9m | 58.2m | - | - |
| R&D % of revenue | 10 % | 15 % | 10 % | 9 % | 10 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
$3.0m Valuation: $3.0m | Acquisition | ||
| N/A | N/A | IPO | |
* | N/A | $345m | Post IPO Convertible |
| Total Funding | - | ||
Recent News about Vertex
EditVertex Inc. is a leading provider of comprehensive tax technology solutions, serving businesses across various industries. The company specializes in offering end-to-end tax software solutions that enable clients to manage compliance accurately and effectively. Vertex operates in the global market, providing services to over 10,000 businesses since its inception in 1978. The business model revolves around offering integrated tax technology solutions that streamline tax processes, enhance efficiency, and ensure continuous compliance with evolving global e-invoicing requirements. Vertex generates revenue through the sale of its software solutions, subscriptions, and professional services. The company serves a diverse clientele, including large enterprises and small to medium-sized businesses, particularly those dealing with complex tax environments.
Keywords: tax technology, compliance management, e-invoicing, global market, software solutions, professional services, integrated solutions, efficiency, SAP ERP, indirect tax.
