VERTEX, INC.

VERX
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Overview

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12 Months Earnings7.21M
12 Months Revenue748.44M

Profit/Loss

PARTICULARSTTM20252025202420232022
Operating Revenue748.44M748.44M710.51M666.78M572.39M491.62M
Cost of Revenue266.84M266.84M248.67M240.65M223.81M193.13M
Gross Profit481.60M481.60M461.84M426.12M348.58M298.49M
Operating Expenses496.27M496.27M464.32M410.85M366.09M306.57M
Profit after Tax (Net Income)7.21M7.21M-50.41M-52.73M-13.09M-12.30M

Company Profile

Sector: Technology
Industry: Software - Application
HQ Location: King of Prussia, United States
Website: https://www.vertexinc.com
CEO, President & Director: Mr. Christopher David Young
Employees: 2,000
About Company:
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 transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; 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; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect 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. has a strategic collaboration with xSuite Group GmbH to support SAP customers. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.