Vertex Inc (Vertex), a subsidiary of Ebix Inc, provides tax compliance software. The company offers vertex taxcalc for industry-specific solutions, vertex tax compliance for streamlining filings, cross-border commerce and online sales and vertex taxinsight tool for data and risk management. Vertex solution comprises tax determination, compliance and reporting, tax data management, document management, analytics and insights, pre-built integrations, industry-specific solutions, technology-specific solutions, implementation services and managed services. It also provides outsourcing and implementation services. The company operates in the US, the UK, the Netherlands, Germany, Ireland, India and Brazil. Vertex is headquartered in King of Prussia, Pennsylvania, the US.
Headquarters
United States of America
Address
2301 Renaissance Boulevard, King Of Prussia, Pennsylvania, 19406
Website
www.vertexinc.com
No of Employees
1,500
Industry
Technology and Communications
Ticker Symbol & Exchange
VERX (NASD)
Revenue (2022)
$572.4M
16.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-6.4%
(2022 vs 2021)
Market Cap*
$4.5B
Net Profit Margin (2022)
XYZ
8.4%
(2022 vs 2021)
* As of and is in US$
Vertex Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Vertex TaxCalc: | Managed Services |
| Vertex O Series | Consulting Services |
| Vertex O Series Edge | Training and Certification Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In April, the company was chosen to participate in the Oracle Independent Software Vendor (ISV) Accelerator for SaaS Initiative. |
| 2024 | Others | In January, the company canceled its public tender offer to acquire 100% shares of Pagero Group AB. |
| 2023 | Others | In December, the company declared the certified integration of Vertex O Series and the Mirakl Marketplace Platform. |
Competitor Comparison
| Key Parameters | Vertex Inc | Tyler Technologies Inc | Everspin Technologies Inc | NetSol Technologies Inc | Fast Enterprises LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | King Of Prussia | Plano | Chandler | Encino | Centennial |
| State/Province | Pennsylvania | Texas | Arizona | California | Colorado |
| No. of Employees | 1,500 | 7,300 | 74 | 1,770 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David Destefano | Chief Executive Officer; President; Chairman | Executive Board | 2020 | 60 |
| John Schwab | Chief Financial Officer | Senior Management | 2020 | 55 |
| Steve Hinckley | Chief Operating Officer | Senior Management | - | - |
| Lisa Butler | Chief Accounting Officer | Senior Management | - | - |
| Chirag Patel | Chief Strategy Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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