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Side-by-side financial comparison of Hafnia Ltd (HAFN) and VERRA MOBILITY Corp (VRRM). Click either name above to swap in a different company.

VERRA MOBILITY Corp is the larger business by last-quarter revenue ($257.9M vs $31.0K, roughly 8328.1× Hafnia Ltd).

Hafnia Ltd is a leading global shipping firm focused on operating product and chemical tanker fleets. It transports diverse bulk liquid cargoes including refined petroleum products, specialty chemicals, and edible oils, catering to clients across the energy, chemical manufacturing, and agricultural commodity industries worldwide.

Verra Mobility Corp is a leading global smart mobility technology solution provider. It delivers toll management, parking and traffic compliance enforcement, connected vehicle services, and fleet management tools, serving government transport agencies, rental car operators, commercial fleet owners, and automotive partners across North America, Europe, and Asia-Pacific.

HAFN vs VRRM — Head-to-Head

Bigger by revenue
VRRM
VRRM
8328.1× larger
VRRM
$257.9M
$31.0K
HAFN

Income Statement — Q1 2024 vs Q4 2025

Metric
HAFN
HAFN
VRRM
VRRM
Revenue
$31.0K
$257.9M
Net Profit
$18.9M
Gross Margin
Operating Margin
16.7%
Net Margin
7.3%
Revenue YoY
16.4%
Net Profit YoY
128.3%
EPS (diluted)
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HAFN
HAFN
VRRM
VRRM
Q4 25
$257.9M
Q3 25
$261.9M
Q2 25
$236.0M
Q1 25
$223.3M
Q4 24
$221.5M
Q3 24
$225.6M
Q2 24
$222.4M
Q1 24
$31.0K
$209.7M
Net Profit
HAFN
HAFN
VRRM
VRRM
Q4 25
$18.9M
Q3 25
$46.8M
Q2 25
$38.6M
Q1 25
$32.3M
Q4 24
$-66.7M
Q3 24
$34.7M
Q2 24
$34.2M
Q1 24
$29.1M
Operating Margin
HAFN
HAFN
VRRM
VRRM
Q4 25
16.7%
Q3 25
28.6%
Q2 25
26.8%
Q1 25
25.7%
Q4 24
-19.6%
Q3 24
28.3%
Q2 24
27.5%
Q1 24
25.9%
Net Margin
HAFN
HAFN
VRRM
VRRM
Q4 25
7.3%
Q3 25
17.9%
Q2 25
16.3%
Q1 25
14.5%
Q4 24
-30.1%
Q3 24
15.4%
Q2 24
15.4%
Q1 24
13.9%
EPS (diluted)
HAFN
HAFN
VRRM
VRRM
Q4 25
$0.12
Q3 25
$0.29
Q2 25
$0.24
Q1 25
$0.20
Q4 24
$-0.39
Q3 24
$0.21
Q2 24
$0.20
Q1 24
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HAFN
HAFN
VRRM
VRRM
Cash + ST InvestmentsLiquidity on hand
$65.3M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$293.0M
Total Assets
$1.6B
Debt / EquityLower = less leverage
3.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFN
HAFN
VRRM
VRRM
Q4 25
$65.3M
Q3 25
$196.1M
Q2 25
$147.7M
Q1 25
$108.5M
Q4 24
$77.6M
Q3 24
$206.1M
Q2 24
$122.0M
Q1 24
$149.5M
Total Debt
HAFN
HAFN
VRRM
VRRM
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B
Stockholders' Equity
HAFN
HAFN
VRRM
VRRM
Q4 25
$293.0M
Q3 25
$403.1M
Q2 25
$352.1M
Q1 25
$299.6M
Q4 24
$265.1M
Q3 24
$486.5M
Q2 24
$438.6M
Q1 24
$449.0M
Total Assets
HAFN
HAFN
VRRM
VRRM
Q4 25
$1.6B
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.9B
Q2 24
$1.8B
Q1 24
$1.8B
Debt / Equity
HAFN
HAFN
VRRM
VRRM
Q4 25
3.51×
Q3 25
2.55×
Q2 25
2.93×
Q1 25
3.45×
Q4 24
3.90×
Q3 24
2.13×
Q2 24
2.36×
Q1 24
2.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HAFN
HAFN
VRRM
VRRM
Operating Cash FlowLast quarter
$40.0M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$136.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAFN
HAFN
VRRM
VRRM
Q4 25
$40.0M
Q3 25
$77.7M
Q2 25
$75.1M
Q1 25
$63.0M
Q4 24
$40.5M
Q3 24
$108.8M
Q2 24
$40.0M
Q1 24
$34.3M
Free Cash Flow
HAFN
HAFN
VRRM
VRRM
Q4 25
$5.7M
Q3 25
$49.0M
Q2 25
$40.3M
Q1 25
$41.7M
Q4 24
$21.6M
Q3 24
$85.1M
Q2 24
$26.0M
Q1 24
$20.1M
FCF Margin
HAFN
HAFN
VRRM
VRRM
Q4 25
2.2%
Q3 25
18.7%
Q2 25
17.1%
Q1 25
18.7%
Q4 24
9.8%
Q3 24
37.7%
Q2 24
11.7%
Q1 24
9.6%
Capex Intensity
HAFN
HAFN
VRRM
VRRM
Q4 25
13.3%
Q3 25
11.0%
Q2 25
14.8%
Q1 25
9.5%
Q4 24
8.5%
Q3 24
10.5%
Q2 24
6.3%
Q1 24
6.8%
Cash Conversion
HAFN
HAFN
VRRM
VRRM
Q4 25
2.12×
Q3 25
1.66×
Q2 25
1.95×
Q1 25
1.95×
Q4 24
Q3 24
3.13×
Q2 24
1.17×
Q1 24
1.18×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HAFN
HAFN

Segment breakdown not available.

VRRM
VRRM

Services$239.5M93%
CA$8.4M3%
GB$5.7M2%
Other Customer$1.6M1%
Parking Solutions$1.1M0%

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