Is the business good?
How good a business is VIA?
Via Transportation, Inc. earns −24% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−24%
Return on invested capital · cost of capital 9.0% · 33 points below what the capital costs: growth destroys value
- Operating margin
- −18%
Operating margin · Software - Application median 8.2% · 12 months to Q1 2026
- Share count, year on year
- +537%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 21%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2023 | −46% |
| FY2024 | −25% |
| FY2025 | −18% |
Details›
- Gross margin12 months to Q1 2026
- 39%
- Operating margin12 months to Q1 2026
- −18%
- Net margin12 months to Q1 2026
- −22%
- R&D as % of revenue
- 21%
- Revenue, trailing twelve months
- $463M
- Net income, trailing twelve months
- −$100M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −24%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Application
Ranks #71 of 90 by Smart Score