I3 Verticals

i3 Verticals, Inc. is a holding company, which engages in the provision of payment and software solutions to small-and medium-sized businesses and organizations in strategic vertical markets. It operates through the following segments: Merchant Services, Software and Services, and Others. The Merchant Services segment offers payment solutions to businesses and organizations. The Software and Services segment delivers vertical market software solutions to customers across strategic vertical markets. The Other segment covers corporate overhead expenses. The company was founded in 2012 and is headquartered in Nashville, TN.

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

I3 Verticals reports record revenue and growth, eyes strategic expansion

I3 Verticals delivered strong financial results with record revenue and adjusted EBITDA growth, driven by recurring revenue and margin enhancements.
The company's strategic focus on software and services, successful acquisitions, and organic growth underscore its resilience and growth potential.
While facing challenges in certain areas like margin improvements and macro trends, I3 Verticals has opportunities to capitalize on software sales and market expansion.
By addressing challenges, leveraging opportunities, and maintaining a strategic growth trajectory, I3 Verticals aims to sustain its positive performance.

I3 Verticals achieves record Q2 results, eyes government modernization

I3 Verticals delivered robust financial performance, driven by software and services revenue growth. While facing challenges in RFP processes and budget approvals, the company remains focused on acquisitions and market expansion in key sectors. Opportunities lie in underexplored verticals and leveraging government modernization trends.

I3 Verticals reports strong Q3 earnings, eyes growth through strategic acquisitions

I3 Verticals' Q3 2023 earnings call showcased robust financial performance, driven by revenue and adjusted EBITDA growth, particularly in the Software & Services segment.
The company's emphasis on recurring revenue sources, disciplined M&A approach, and focus on margin improvement position it well for sustainable growth and value creation.
While facing challenges such as seasonality patterns and cost pressures, i3 Verticals has opportunities in market expansion, cloud migration, and strategic acquisitions to drive future growth.

I3 Verticals delivered strong financial performance in Q4 '23, with notable revenue and adjusted EBITDA growth across key segments.
Despite challenges related to M&A selectivity and operational adjustments, the company's solid balance sheet and positive outlook position it for future success.
Opportunities for expansion and innovation exist, signaling potential for sustained growth and market leadership in the payments industry.

I3 Verticals reports 7% revenue growth in Q1 '24, plans asset sale

I3 Verticals' Q1 '24 performance showed solid revenue and EBITDA growth, driven by recurring revenue streams. The company's strategic focus on software businesses and debt reduction bodes well for future financial health and growth.

i3 Verticals reports steady Q2 growth, eyes strategic expansion

i3 Verticals (IIIV) delivered steady financial performance in Q2 '24, with revenue and EBITDA growth driven by recurring sources and strategic focus on key sectors.
The company's strong balance sheet, active M&A pipeline, and revised outlook for fiscal year '24 position it for sustainable growth and market expansion.
Challenges lie in transitioning revenue sources, potential divestiture, and maintaining cost controls, while opportunities exist in strategic realignment and product innovation.

i3 Verticals reports mixed Q3 performance, eyes organic growth

i3 Verticals' Q3 '24 earnings call highlighted a mixed performance, strategic acquisitions, and a focus on organic growth for fiscal year '25.
The company's strengths in diversification, product advancements, and cross-selling opportunities position them well for future growth.
While challenges like revenue headwinds and internal restructuring exist, opportunities in market expansion and sustained growth offer a positive outlook for i3 Verticals.

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I3 Verticals (IIIV) came out with quarterly earnings of $0.38 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.37 per share a year ago.

I3 Verticals (IIIV) Matches Q3 Earnings Estimates

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal third quarter ended June 30, 2023. Highlights for the fiscal third quarter and nine months ended June 30, 2023 vs. 2022 Third quarter revenue was $93.9 million, an increase of 16.6% over the prior year's third quarter. Revenue for the nine months ended June 30, 2023, was $273.8 million, an increase of 17.7% over the prior year's first nine mo.

i3 Verticals Reports Third Quarter 2023 Financial Results

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After covering second-quarter corporate insider activity among mid-cap and large-caps, today's article will cover on the most interesting insider purchases for small-cap companies. Corporate insiders at American Assets Trust, National Vision, Skillz, Enviva, Heartland Express, and Zumiez have been buying significant amounts of shares, signaling confidence in their respective companies. Other notable insider activity among small-cap stocks includes B. Riley Financial, Cannae Holdings, i3 Verticals, whose CEOs have bought million worth of stock in the second quarter.

Strong Small-Cap Insider Buys: Q2 2023

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the third quarter ended June 30, 2023, on Tuesday, August 8, 2023, after the Nasdaq market close. The Company will host a conference call on Wednesday, August 9, 2023, at 8:30 a.m. EDT to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 10 min.

i3 Verticals Announces Earnings Release and Conference Call Dates for Third Quarter of Fiscal 2023

i3 Verticals, Inc. (NASDAQ:IIIV ) Q2 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Geoff Smith - Senior Vice President, Finance Greg Daily - Chairman and Chief Executive Officer Clay Whitson - Chief Financial Officer Rick Stanford - President Paul Christians - Chief Operating Officer Conference Call Participants John Davis - Raymond James James Faucette - Morgan Stanley Charles Nabhan - Stephens Peter Heckmann - D.A. Davidson Matt VanVliet - BTIG Operator Good day, everyone, and welcome to the i3 Verticals Second Quarter 2023 Earnings Conference Call.

i3 Verticals, Inc. (IIIV) Q2 2023 Earnings Call Transcript

I3 Verticals (IIIV) Meets Q2 Earnings Estimates

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal second quarter ended March 31, 2023. Highlights for the fiscal second quarter and six months ended March 31, 2023 vs. 2022 Second quarter revenue was $93.9 million, an increase of 20.2% over the prior year's second quarter. Revenue for the six months ended March 31, 2023, was $179.9 million, an increase of 18.3% over the prior year's first si.

i3 Verticals Reports Second Quarter 2023 Financial Results

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the second quarter ended March 31, 2023, on Tuesday, May 9, 2023, after the Nasdaq market close. The Company will host a conference call on Wednesday, May 10, 2023, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 10 minutes.

i3 Verticals Announces Earnings Release and Conference Call Dates for Second Quarter of Fiscal 2023

i3 Verticals Inc (NASDAQ:IIIV ) Q1 2023 Results Conference Call February 9, 2023 8:30 AM ET Company Participants Geoff Smith - SVP, Finance Greg Daily - Chairman and CEO Clay Whitson - CFO Rick Stanford - President Conference Call Participants John Davis - Raymond James Sandy Beatty - Morgan Stanley Charles Nabhan - Stephens Peter Heckmann - D.A. Davidson Operator Good day everyone and welcome to the i3 Verticals First Quarter 2023 Earnings Conference Call.

i3 Verticals Inc (IIIV) Q1 2023 Earnings Call Transcript

i3 Verticals (IIIV) delivered earnings and revenue surprises of 0% and 1.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

I3 Verticals (IIIV) Meets Q1 Earnings Estimates

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal first quarter ended December 31, 2022. Highlights for the fiscal first quarter ended December 31, 2022 vs. 2021 Revenue was $86.0 million, an increase of 16.4% over the prior year's first quarter. Net income was $0.2 million, compared to net loss of $3.7 million in the prior year's first quarter. Net loss attributable to i3 Verticals, Inc.

i3 Verticals Reports First Quarter 2023 Financial Results

Here is how i3 Verticals (IIIV) and Jabil (JBL) have performed compared to their sector so far this year.

Is i3 Verticals (IIIV) Outperforming Other Computer and Technology Stocks This Year?

The world of payments and software are converging and IIIV stands to benefit from this. SMB is a very large market which means there are plenty of whitespaces available for IIIV to grow.

i3 Verticals: Multiple Strategies To Drive Growth

NASHVILLE, Tenn.--( BUSINESS WIRE )--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the first quarter ended December 31, 2022, on Wednesday, February 8, 2023, after the Nasdaq market close.

i3 Verticals Announces Earnings Release and Conference Call Dates for First Quarter of Fiscal 2023

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NASHVILLE, Tenn.--( BUSINESS WIRE )--i3 Verticals, Inc. (Nasdaq: IIIV) (the “Company”) today announced the acquisition, effective January 1, 2023, of Accufund, Inc. (“Accufund”), a provider of fund accounting solutions for government entities and nonprofits in the United States. The Company will discuss this acquisition in further detail during its upcoming fiscal 2023 first quarter earnings call in February.

i3 Verticals Completes Public Sector Acquisition

i3 Verticals (IIIV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for i3 Verticals (IIIV): Will It Gain?

i3 Verticals, Inc. (NASDAQ:IIIV )) Q4 2022 Earnings Conference Call November 17, 2022 8:30 AM ET Company Participants Geoff Smith - VP, Finance Greg Daily - Chairman and CEO Clay Whitson - CFO Rick Stanford - President Conference Call Participants John Davis - Raymond James Peter Heckmann - D.A. Davidson James Faucette - Morgan Stanley Mark Palmer - BTIG Operator Good day everyone and welcome to the i3 Verticals Fourth Quarter 2022 Earnings Conference Call.

i3 Verticals, Inc. (IIIV) Q4 2022 Earnings Call Transcript

i3 Verticals (IIIV) delivered earnings and revenue surprises of 8.33% and 5.53%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

I3 Verticals (IIIV) Beats Q4 Earnings and Revenue Estimates

NASHVILLE, Tenn.--( BUSINESS WIRE )--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal fourth quarter and year ended September 30, 2022.

i3 Verticals Reports Fourth Quarter and Full Fiscal Year 2022 Financial Results

NASHVILLE, Tenn.--( BUSINESS WIRE )--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that management plans to hold one-on-one investor meetings at the following upcoming conferences.

i3 Verticals Announces Participation in Upcoming Investor Conferences

i3 Verticals Announces Earnings Release and Conference Call Dates for Fourth Quarter of Fiscal 2022

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (the “Company”) announced today the acquisition, effective October 1, 2022, of a leading provider of enterprise software solutions for the motor carrier and motor vehicle markets in the U.S. States and Canada. The total consideration paid for the acquisition was approximately $85 million. The Company currently expects the acquisition to be accretive to pro forma adjusted diluted earnings per share. The Company will discuss thi

i3 Verticals Completes Public Sector Acquisition; Upsizes Credit Facility

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that Pete Panagakis has been appointed Chief Technology Officer (CTO). In this role, he will serve as the Company's senior-most technology officer, and will help lead the Company's delivery of integrated software and payment solutions to its thousands of customers. He will be responsible for overseeing the Company's technology teams including enterprise-wide software engineeri

i3 Verticals Appoints Pete Panagakis as Chief Technology Officer

i3 Verticals, Inc. (NASDAQ:IIIV ) Q3 2022 Results Conference Call August 9, 2022 8:30 AM ET Company Participants Geoff Smith - VP, Finance Greg Daily - Chairman and CEO Clay Whitson - CFO Rick Stanford - President Conference Call Participants Greg Daily - Chairman and CEO John Davis - Raymond James Peter Heckmann - D.A. Davidson James Faucette - Morgan Stanley Tyler DuPont - Bank of America Charles Nabhan - Stephens Operator Good day, everyone, and welcome to the i3 Verticals Third Quarter 2022 Earnings Conference Call.

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