Via Transportation, Inc. (VIA)
Via Transportation, Inc. delivers digital platforms for public mobility across the United States, Germany, and other international markets. Central to its offerings is "TransitTech," a specialized public mobility platform designed to empower partners in establishing comprehensive, integrated transit systems. This involves expert planning and scheduling to seamlessly weave multiple transportation modes into a unified network. The company provides tailored solutions for various sectors, including flexible on-demand microtransit, paratransit, student transport, non-emergency medical journeys (NEMT), corporate and university shuttle services, and broader health-related travel. Via's extensive client roster includes cities, public transit authorities and operators, paratransit providers, educational institutions (from school districts to universities), private corporations, healthcare organizations, and ultimately serves both passengers and drivers. Established in 2012, the firm maintains its headquarters in New York, New York.
Sector: Services-Prepackaged Software
Industry: Software - Application
Via Transportation, Inc.
NYSE:VIATechnology · Software - Application
+2.91%$36.75
AH Close$36.35-1.09%vs close
AH Close$36.35-1.09%vs close
Mkt Cap$3B
Float63.94M
O/S81.51M
Inst Own39.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$434.34M
Net Income-$96.36M
Total Assets$733.1M
Free Cash Flow-$36.78M
Debt & Equity
Debt 4%
Equity 96%
Total Debt$28.5M
Total Equity$627.74M
Shares Outstanding
Short Interest
Split History2 splits · 1 reverse
- 1:5Reverse splitMar 22, 20235 shares → 1
- 2:1Forward splitJun 19, 20171 share → 2
Balance Sheet Details
Assets$733.1M
Liabilities$105.36M
Accounts Receivable$81.57M
Accounts Payable$4.43M
Inventory$0
PP&E (Net)$31.71M
Goodwill$192.31M
Intangible Assets$36.02M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Revenue | $434.34M | $337.63M | $248.85M |
| YoY Growth | 28.6% | 35.7% | - |
| Cost of Revenue | $262.54M | $206.79M | $149.45M |
| Gross Profit | $171.8M | $130.84M | $99.41M |
| Gross Margin | 39.6% | 38.8% | 39.9% |
| Research and Development | $92.35M | $88.99M | $95.83M |
| Selling, General, and Administrative | $156.06M | $125.75M | $118.03M |
| Other | $0 | $0 | $0 |
| Total Operating Expenses | $248.42M | $214.74M | $213.86M |
| Operating Income (EBIT) | -$76.62M | -$83.9M | -$114.45M |
| Operating Margin | -17.6% | -24.8% | -46.0% |
| Interest Expense | $7.34M | $4.29M | $653K |
| Interest Income | $5.27M | $2.19M | $3.6M |
| Other Income (Expense) | -$17.22M | -$4.77M | -$694K |
| Income Before Tax (EBT) | -$93.84M | -$88.66M | -$115.15M |
| Income Tax Expense | $2.52M | $1.89M | $1.81M |
| Net Income | -$96.36M | -$90.28M | -$116.69M |
| Net Income Margin | -22.2% | -26.7% | -46.9% |
| Supplementary Data | |||
| EPS | -1.20 | -1.24 | -1.62 |
| Diluted EPS | -1.20 | -1.24 | -1.62 |
| Weighted Average OS | 80.30M | 71.80M | 72.07M |
| EBITDA | -$77.97M | -$75.25M | -$106.5M |
| EBITDA Margin | -18.0% | -22.3% | -42.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $370.91M | $77.91M | $71.74M |
| Short-Term Investments | $0 | $0 | $0 |
| Cash and Short-Term Investments | $370.91M | $77.91M | $71.74M |
| Accounts Receivable | $81.57M | $73.76M | $59.4M |
| Inventory | $0 | $0 | $0 |
| Other Current Assets | $17.07M | $10.64M | $11.58M |
| Total Current Assets | $469.55M | $162.3M | $142.72M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $31.71M | $26.38M | $27.26M |
| Goodwill | $192.31M | $160.13M | $161.82M |
| Intangible Assets | $36.02M | $26.32M | $32.31M |
| Long-Term Investments | $1.17M | $1.08M | $0 |
| Deferred Tax Assets | $529K | $9.46M | $623K |
| Other Long-Term Assets | $1.8M | $2.14M | $3.21M |
| Total Long-Term Assets | $263.54M | $225.53M | $225.23M |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $733.1M | $387.83M | $367.94M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $4.43M | $3.92M | $6.85M |
| Short-Term Debt | $9.75M | $8.31M | $0 |
| Current Income Tax Payable | $0 | $0 | $2.32M |
| Current Unearned Revenue | $26.89M | $22.64M | $22.23M |
| Other Current Liabilities | $40.03M | $30.03M | $11.17M |
| Total Current Liabilities | $94.23M | $76.55M | $75.58M |
| Long-Term Liabilities | |||
| Long-Term Debt | $9.38M | $1.26B | $0 |
| Long-Term Unearned Revenue | $1.75M | $1.9M | $2.2M |
| Long-Term Deferred Tax Liabilities | $0 | $9.06M | $0 |
| Other Long-Term Liabilities | -$9.38M | $18.82M | $1.2B |
| Total Long-Term Liabilities | $11.12M | $1.3B | $1.21B |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $105.36M | $1.38B | $1.29B |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $1K | $0 | $0 |
| Retained Earnings | -$1.19B | -$1.09B | -$1B |
| Comprehensive Income & Other | $7.7M | -$1.58M | $1.21M |
| Other Stockholders' Equity | $1.82B | $107.86M | $86.6M |
| Total Equity | $627.74M | -$987.09M | -$918.08M |
| Minority Interest | $0 | -$763K | -$492K |
| Total Liabilities and Equity | $733.1M | $388.59M | $368.44M |
| Supplementary Data | |||
| Total Debt | $28.5M | $1.28B | $17.83M |
| Net Debt | -$342.41M | $1.2B | -$53.91M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Operating Activities | |||
| Net Income | -$96.36M | -$90.55M | -$116.96M |
| Depreciation & Amortization | $8.53M | $9.13M | $8M |
| Deferred Income Tax | -$120K | $222K | $167K |
| Stock-Based Compensation | $30.34M | $21.23M | $13.13M |
| Changes in Working Capital: | |||
| Accounts Receivable | -$1.7M | -$15.55M | -$14.38M |
| Inventory | $0 | $0 | $0 |
| Accounts Payable | -$324K | -$2.71M | $2.23M |
| Other Working Capital | -$3.08M | -$3.48M | $8.88M |
| Total Working Capital Change | -$5.11M | -$21.74M | -$3.28M |
| Other Non-Cash Items | $31.85M | $11.76M | $6.33M |
| Net Cash from Operating | -$30.87M | -$69.96M | -$92.62M |
| Investing Activities | |||
| Capital Expenditures | -$1.66M | -$1.08M | -$2.52M |
| Acquisitions | -$39.89M | $0 | -$38.53M |
| Purchases of Investments | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 |
| Other Investing Activities | -$4.25M | -$3.37M | -$2.29M |
| Net Cash from Investing | -$45.81M | -$4.45M | -$43.33M |
| Financing Activities | |||
| Debt Repaid | $27.5M | -$77.5M | - |
| Common Stock Issuance | $400.16M | $2.83M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 |
| Other Financing Activities | -$4.33M | -$50K | $33.11M |
| Net Cash from Financing | $368.33M | $80.28M | $113.93M |
| Forex Effect | $1.45M | -$477K | $2.25M |
| Net Change in Cash | $293.1M | $5.39M | -$19.77M |
| Supplementary Data | |||
| Operating Cash Flow | -$30.87M | -$69.96M | -$92.62M |
| Capital Expenditure | -$5.91M | -$4.45M | -$4.8M |
| Free Cash Flow | -$36.78M | -$74.41M | -$97.42M |
| Cash at Beginning | $78.99M | $73.6M | $93.37M |
| Cash at End | $372.08M | $78.99M | $73.6M |