Can give some context here about $VRRM
VRRM is one of the largest traffic‑safety companies in America. They bought their only real competitor, RedFlex, and around 2020 they also acquired a company that let them expand into the European and Australian markets.
The company has a few different revenue streams. They have city, state, and government contracts for red‑light and speeding cameras all across the U.S. They also have tons of long‑term contracts for fixed roadside systems — poles, embedded road sensors, radar/lidar/camera setups — that generate revenue for local and state governments, with VRRM taking a cut. These systems are tied directly to money cities and states depend on, so they don’t just disappear. It takes a lot of effort, engineering, and permitting to break ground and install these detection systems, whether they’re under the road or mounted on poles at major intersections.
They also have portable units in some cities that police departments can move around, almost like a giant vending machine. On top of that, they run school‑bus stop‑arm cameras, and in places like NYC they monitor bus‑only lanes to catch drivers who shouldn’t be there.
Verra Mobility handles the entire process: catching you running a red light or speeding, verifying the violation in multiple ways, sending it to the police department for sign‑off, mailing the ticket, tracking all violations, working with courts and police departments, and processing payments. It’s a huge logistics and workflow system that doesn’t go away unless laws banning automated enforcement are passed.
They also have contracts with turnpikes around the world to manage toll subscriptions and track/charge people using fast‑pass‑style lanes and devices.
Another big piece of their business is working with rental‑car companies. They manage traffic tickets from these automated systems so the rental company doesn’t get stuck with the fines. Instead, VRRM identifies the renter and makes sure the ticket gets paid. This is especially important in Europe — for example, if you get a ticket in Germany but you’re from a neighboring country, VRRM is the one who figures out who you are, gets the ticket to you, and ensures payment. This is also what the $CAR contract was probably tied to. I Imagine they are trying to get that extra 200m they spent with $VRRM in house, but the amount of infrastructure/logistics is not something you can just vibe code and remake. Verra mobility has been doing this for decades.
Every part of their business requires so much setup, infrastructure, and contracting that once these systems are in place, they don’t just vanish overnight. I think this is an amazing opportunity, im buying all the shares i can. I hope im not missing anything.
@AIInvestorHQ If you are curious about this stock I have a write up about it pinned on my profile, just one of the few I have deep knowledge about, it’s on a discount so I’m just telling every little guy like me I know about it.
@Brick_Suit@mattvanswol@Lowcountry1Girl Dudes such an intellectual he thinks we needed a study to prove that democrats “make better use of mail in ballots” Lmfao
Andrew your fat diet and idolization of black people has gotten you to the point of telling me that voter ID doesn’t work and that the current election format we have in American and specifically California has secure and verifiable, you need to do some soul searching man and try to think for yourself, look in the mirror and dig deep and ask yourself who you are and what you believe, no one is saying they send people to the ballot offices for vote for them you larping retard, reread the original response again and stop putting words in my mouth. They have no way to verify any of it, the Arizona audit showed what a mess the entire thing is, people all over the country destroy votes, vote for elderly or passed away relives, vote illegally, cheat, burn/destroy or not even count mailed in ballots for those we don’t like, like in 2020, videos all over Snapchat/instagram/tiktok of this happening, if you have voter ID you can actually have a basis to know how many votes to expect, you would be required to show up in person and get a license with proof that you are alive, and legal status. Now go listen to Drake and watch football.
@ChampagnePoppyG@mattvanswol How do you think this works retard? You think it’s just random people like me and you sending in extra ballots? Think about it..