Vertex, Inc. Files 2024 Annual Report
Ticker: VERX · Form: 10-K · Filed: Feb 27, 2025 · CIK: 1806837
| Field | Detail |
|---|---|
| Company | Vertex, Inc. (VERX) |
| Form Type | 10-K |
| Filed Date | Feb 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, credit-agreement
TL;DR
Vertex Inc. 2024 10-K filed. Financials and credit agreement updates out.
AI Summary
Vertex, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company, headquartered in King of Prussia, PA, operates in the prepackaged software industry. Key financial data and corporate actions, including amendments to its credit agreement on November 4, 2024, are detailed within the filing.
Why It Matters
This filing provides a comprehensive overview of Vertex, Inc.'s financial performance and operational status for the past fiscal year, offering insights for investors and stakeholders.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks.
Key Numbers
- 60989000 — Total Assets (As of December 31, 2024)
- 70670000 — Total Liabilities (As of December 31, 2024)
- 92661000 — Total Equity (As of December 31, 2024)
- 86481000 — Revenue (For the fiscal year ended December 31, 2024)
Key Players & Entities
- Vertex, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- King of Prussia, PA (location) — Company headquarters
- 2024-11-04 (date) — Date of Fifth Amendment to Credit Agreement
- 001-39413 (other) — SEC File Number
FAQ
What was Vertex, Inc.'s total revenue for the fiscal year ended December 31, 2024?
Vertex, Inc.'s total revenue for the fiscal year ended December 31, 2024, was $86,481,000.
When was the Fifth Amendment to Vertex, Inc.'s Credit Agreement filed?
The Fifth Amendment to Vertex, Inc.'s Credit Agreement was filed on November 4, 2024.
What is Vertex, Inc.'s primary business classification according to the SIC code?
Vertex, Inc.'s primary business classification is SERVICES-PREPACKAGED SOFTWARE, with a SIC code of [7372].
What is the SEC file number for Vertex, Inc.?
The SEC file number for Vertex, Inc. is 001-39413.
What was Vertex, Inc.'s total equity as of December 31, 2024?
Vertex, Inc.'s total equity as of December 31, 2024, was $92,661,000.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 27, 2025 regarding Vertex, Inc. (VERX).