VIA - Via Transportation, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$29.57
DETAILS
HIGH:
$50.00
LOW:
$19.00
MEDIAN:
$25.00
CONSENSUS:
$29.57
UPSIDE:
69.16%
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | |||
| Revenue | 434.3 | 337.6 | 248.9 |
| Cost of Revenue | 262.5 | 206.8 | 149.4 |
| Gross Profit | 171.8 | 130.8 | 99.4 |
| Operating Expenses | |||
| R&D Expenses | 92.4 | 89.0 | 95.8 |
| SG&A Expenses | 156.1 | 125.7 | 118.0 |
| Other Expenses | 0 | 0 | 0 |
| Operating Expenses | 248.4 | 214.7 | 213.9 |
| Operating Income | |||
| Operating Income | (76.6) | (83.9) | (114.5) |
| Interest Expense | 7.3 | 4.3 | 0.7 |
| Interest Income | 5.3 | 2.2 | 3.6 |
| Profitability | |||
| EBITDA | (78.0) | (75.3) | (106.5) |
| EBIT | (86.5) | (84.4) | (114.5) |
| Income Before Tax | (93.8) | (88.7) | (115.1) |
| Income Tax Expense | 2.5 | 1.9 | 1.8 |
| Net Income | (96.4) | (90.3) | (116.7) |
| Per Share Data | |||
| EPS (Basic) | -1.20 | -1.24 | -1.62 |
| EPS (Diluted) | -1.20 | -1.24 | -1.62 |
| Shares Outstanding | 80.3 | 71.8 | 72.1 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 370.9 | 77.9 | 71.7 |
| Short-Term Investments | 0 | 0 | 0 |
| Net Receivables | 81.6 | 73.8 | 59.4 |
| Inventory | 0 | 0 | 0 |
| Other Current Assets | 17.1 | 10.6 | 11.6 |
| Total Current Assets | 469.6 | 162.3 | 142.7 |
| Non-Current Assets | |||
| Property, Plant & Equipment | 31.7 | 26.4 | 27.3 |
| Goodwill | 192.3 | 160.1 | 161.8 |
| Intangible Assets | 36.0 | 26.3 | 32.3 |
| Long-Term Investments | 1.2 | 1.1 | 0 |
| Other Non-Current Assets | 1.8 | 2.1 | 3.2 |
| Total Non-Current Assets | 263.5 | 225.5 | 225.2 |
| Total Assets | 733.1 | 387.8 | 367.9 |
| Current Liabilities | |||
| Account Payables | 4.4 | 3.9 | 6.9 |
| Short-Term Debt | 9.7 | 8.3 | 0 |
| Deferred Revenue | 26.9 | 22.6 | 22.2 |
| Other Current Liabilities | 40.0 | 30.0 | 11.2 |
| Total Current Liabilities | 94.2 | 76.5 | 75.6 |
| Non-Current Liabilities | |||
| Long-Term Debt | 9.4 | 1,262.1 | 0 |
| Deferred Tax Liabilities | 0 | 9.1 | 0 |
| Other Non-Current Liabilities | (9.4) | 18.8 | 1,197.8 |
| Total Non-Current Liabilities | 11.1 | 1,299.1 | 1,210.9 |
| Total Liabilities | 105.4 | 1,375.7 | 1,286.5 |
| Stockholders' Equity | |||
| Common Stock | 0.0 | 0 | 0 |
| Retained Earnings | (1,191.3) | (1,095.0) | (1,004.7) |
| Accumulated Other Comprehensive Income | 7.7 | (1.6) | 1.2 |
| Total Stockholders' Equity | 627.7 | (987.1) | (918.1) |
| Total Liabilities & Equity | 733.1 | 387.8 | 367.9 |
| Debt Metrics | |||
| Total Debt | 28.5 | 1,277.7 | 17.8 |
| Net Debt | (342.4) | 1,199.8 | (53.9) |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | (96.4) | (90.6) | (117.0) |
| Depreciation & Amortization | 8.5 | 9.1 | 8 |
| Stock-Based Compensation | 0 | 21.2 | 13.1 |
| Change in Working Capital | (5.1) | (21.7) | (3.3) |
| Other Non-Cash Items | 62.2 | 11.8 | 6.3 |
| Operating Cash Flow | (30.9) | (70.0) | (92.6) |
| Investing Activities | |||
| Capital Expenditure | (1.7) | (4.5) | (4.8) |
| Acquisitions | (39.9) | 0 | (38.5) |
| Purchases of Investments | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 |
| Other Investing Activities | 0 | (3.4) | (2.3) |
| Investing Cash Flow | (45.8) | (4.5) | (43.3) |
| Financing Activities | |||
| Net Debt Issuance | (27.8) | 77.5 | 0 |
| Stock Repurchased | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 |
| Other Financing Activities | (4.0) | (0.1) | 33.1 |
| Financing Cash Flow | 368.3 | 80.3 | 113.9 |
| Cash Position | |||
| Net Change in Cash | 293.0 | 5.4 | (19.8) |
| Cash at Beginning | 77.9 | 73.6 | 93.4 |
| Cash at End | 370.9 | 79.0 | 73.6 |
| Free Cash Flow | (32.5) | (74.4) | (97.4) |
| Key Metrics | 2025 | 2024 | 2023 |
|---|---|---|---|
| Income Statement | |||
| Revenue | 434.3 | 337.6 | 248.9 |
| Gross Profit | 171.8 | 130.8 | 99.4 |
| Operating Income | (76.6) | (83.9) | (114.5) |
| Net Income | (96.4) | (90.3) | (116.7) |
| EPS (Diluted) | -1.20 | -1.24 | -1.62 |
| Balance Sheet | |||
| Cash & Equivalents | 370.9 | 77.9 | 71.7 |
| Total Assets | 733.1 | 387.8 | 367.9 |
| Total Debt | 28.5 | 1,277.7 | 17.8 |
| Stockholders' Equity | 627.7 | (987.1) | (918.1) |
| Cash Flow | |||
| Operating Cash Flow | (30.9) | (70.0) | (92.6) |
| Capital Expenditure | (1.7) | (4.5) | (4.8) |
| Free Cash Flow | (32.5) | (74.4) | (97.4) |