Vertex Inc
NASDAQ:VERX
Vertex Inc
Net Income (Common)
Vertex Inc
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Vertex Inc
NASDAQ:VERX
|
Net Income (Common)
-$52.7m
|
CAGR 3-Years
-228%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Salesforce Inc
NYSE:CRM
|
Net Income (Common)
$6.2B
|
CAGR 3-Years
63%
|
CAGR 5-Years
118%
|
CAGR 10-Years
N/A
|
|
|
Palantir Technologies Inc
NYSE:PLTR
|
Net Income (Common)
$462.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Intuit Inc
NASDAQ:INTU
|
Net Income (Common)
$3B
|
CAGR 3-Years
12%
|
CAGR 5-Years
13%
|
CAGR 10-Years
14%
|
|
|
Adobe Inc
NASDAQ:ADBE
|
Net Income (Common)
$6.8B
|
CAGR 3-Years
12%
|
CAGR 5-Years
16%
|
CAGR 10-Years
36%
|
|
Vertex Inc
Glance View
In the realm of tax technology, Vertex Inc. stands as a significant player, weaving intricate threads between the complex tapestry of tax regulations and corporate commerce. Founded in 1978 and headquartered in King of Prussia, Pennsylvania, Vertex has steadily carved a niche by offering comprehensive tax software solutions. These solutions are not merely tools but sophisticated systems designed to automate and streamline tax-related processes for businesses of varying sizes. As the global market broadens and tax codes grow increasingly intricate, the demand for efficient, effective tax management has soared. This is where Vertex steps in, providing an array of cloud-based software services that assist corporations in handling indirect taxes such as sales tax, VAT, and payroll tax, among others. The company’s offerings allow firms to maintain compliance with evolving tax laws while reducing the risk of errors and the burden of manual tax administration. Vertex ensures its viability and earns revenue by implementing a subscription-based business model for its software solutions and services. Through this model, it provides continuous updates, cloud support, and essential compliance information to its clients. The company also leverages its consulting services to guide businesses in optimizing their tax operations and implementing its systems seamlessly. By doing so, Vertex not only garners recurring revenue but also fortifies relationships with its clients, fostering a sense of trust and reliability. As enterprises expand their operations across borders, Vertex aids in navigating the tax landscapes of various jurisdictions, underscoring its critical role in modern-day commerce. Its blend of technology and expertise has positioned the company as a trusted partner in the increasingly digital and interconnected world of business taxation.
See Also
What is Vertex Inc's Net Income (Common)?
Net Income (Common)
-52.7m
USD
Based on the financial report for Dec 31, 2024, Vertex Inc's Net Income (Common) amounts to -52.7m USD.
What is Vertex Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 3Y
-228%
Over the last year, the Net Income (Common) growth was -303%. The average annual Net Income (Common) growth rates for Vertex Inc have been -228% over the past three years .
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