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

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

i3 Verticals (IIIV) delivered earnings and revenue surprises of 2.78% and 4.93%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

I3 Verticals (IIIV) Surpasses Q3 Earnings and Revenue 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, 2022. Highlights for the fiscal third quarter ended June 30, 2022 vs. 2021 Third quarter revenue was $80.6 million, an increase of 27.6% over the prior year's third quarter. Revenue for the nine months ended June 30, 2022, was $232.6 million, an increase of 48.2% over the prior year's first nine months. Third quar

i3 Verticals Reports Third Quarter 2022 Financial Results

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

Has i3 Verticals (IIIV) Outpaced Other Computer and Technology Stocks This Year?

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, 2022, on Monday, August 8, 2022, after the Nasdaq market close. The Company will host a conference call on Tuesday, August 9, 2022, 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 minute

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

i3 Verticals (IIIV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

i3 Verticals (IIIV) Soars 10.8%: Is Further Upside Left in the Stock?

i3 Verticals, Inc. (NASDAQ:IIIV ) Q2 2022 Results Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Geoffrey Smith - VP, Finance Gregory Daily - Chairman and Chief Executive Officer Clay Whitson - Chief Financial Officer Frederick Stanford - President Conference Call Participants John Davis - Raymond James Peter Heckmann - D.A. Davidson Allison Jordan - Cowen and Company Jeffrey Goldstein - Morgan Stanley Christopher Donat - Piper Sandler Operator Good day, everyone, and welcome to the i3 Verticals Second Quarter 2022 Earnings Conference Call.

i3 Verticals, Inc. (IIIV) CEO Greg Daily on Q2 2022 Results - Earnings Call Transcript

i3 Verticals (IIIV) delivered earnings and revenue surprises of 5.71% and 9.34%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

I3 Verticals (IIIV) Tops Q2 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 second quarter ended March 31, 2022. Highlights for the fiscal second quarter ended March 31, 2022 vs. 2021 Second quarter revenue was $78.1 million, an increase of 58.8% over the prior year's second quarter. Revenue for the six months ended March 31, 2022, was $152.1 million, an increase of 62.1% over the prior year's first six months. Secon

i3 Verticals Reports Second Quarter 2022 Financial Results

I3 Verticals (IIIV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

I3 Verticals (IIIV) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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 second quarter ended March 31, 2022, on Monday, May 9, 2022, after the Nasdaq market close. The Company will host a conference call on Tuesday, May 10, 2022, 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 pr

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

i3 Verticals, Inc (IIIV) CEO Greg Daily on Q1 2022 Results - Earnings Call Transcript

NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal first quarter ended December 31, 2021. Highlights for the fiscal first quarter ended December 31, 2021 vs. 2020 Revenue was $73.9 million, an increase of 66% over the prior year's first quarter. Net loss was $3.7 million, compared to net loss of $3.0 million in the prior year's first quarter. Net loss attributable to i3 Verticals, Inc. was $2

i3 Verticals Reports First Quarter 2022 Financial Results

I3 Verticals (IIIV) Earnings Expected to Grow: Should You Buy?

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, 2021, on Tuesday, February 8, 2022, after the Nasdaq market close. The Company will host a conference call on Wednesday, February 9, 2022, 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

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

NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. (Nasdaq: IIIV) (the “Company”), today announced an acquisition that further strengthens its Public Sector vertical. The acquisition was effective on December 31, 2021. The acquired business provides solutions for court system data management in the southeast and mid-Atlantic. Among other solutions, this business provides software products that enable electronic filing, case management and document imaging. This business focuses on state-leve

i3 Verticals Reports Public Sector Acquisition and Inducement Equity Grants

i3 Verticals Inc (NASDAQ: IIIV) reported fourth-quarter FY21 revenue growth of 76% year-on-year to $67.2 million, beating the consensus of $64.3 million. Integrated payments were 63% of payment volume.

i3 Verticals Shares Pop On Q4 Beat, Strong FY22 Outlook

i3 Verticals' (IIIV) CEO Greg Daily on Q4 2021 Results - Earnings Call Transcript

The stock price of i3 Verticals Inc (NASDAQ: IIIV) increased by over 5% pre-market today. This is why it happened.

i3 Verticals (IIIV) Stock: Why The Price Jumped Today

i3 Verticals (IIIV) delivered earnings and revenue surprises of 13.79% and 4.31%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

I3 Verticals (IIIV) Q4 Earnings and Revenues Beat 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, 2021. Highlights for the fiscal fourth quarter and full fiscal year of 2021 vs. 2020 Fourth quarter revenue was $67.2 million, an increase of 76% over the prior year's fourth quarter; full year revenue was $224.1 million, an increase of 49% over the prior year. Fourth quarter net loss was $1.9 milli

i3 Verticals Reports Fourth Quarter and Full Fiscal Year 2021 Financial Results

BATON ROUGE, La. & NASHVILLE, Tenn.--(BUSINESS WIRE)--The Louisiana Clerks Remote Access Authority (LCRAA) is pleased to announce a signed contract with i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals”), a software and electronic payments company based in Nashville, Tennessee that specializes in supplying software and services to state, local and county governments. i3 Verticals will provide LCRAA with eFiling, case management and payment services. This partnership furthers progress toward a s

Louisiana Clerks Remote Access Authority (LCRAA) Signs State-wide eFiling and Case Management Deal with i3 Verticals

i3 Verticals (NASDAQ:IIIV) is set to give its latest quarterly earnings report on Wednesday, 2021-11-17. Here's what investors need to know before the announcement.

A Preview Of i3 Verticals's Earnings

I3 Verticals (IIIV) Reports Next Week: Wall Street Expects Earnings Growth

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 fourth quarter ended September 30, 2021, on Wednesday, November 17, 2021, after the Nasdaq market close. The Company will host a conference call on Thursday, November 18, 2021, 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 approxim

i3 Verticals Announces Earnings Release and Conference Call Dates for Fourth Quarter of Fiscal 2021

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (the “Company”), today announced an acquisition that further strengthens its focus in the Company's Healthcare vertical. The acquisition was effective on October 1. The acquired business provides comprehensive revenue cycle management and related administrative and consulting services for hospitals, including academic teaching institutions with residents, practice groups and healthcare providers primarily in the southeast. Thi

News for I3 Verticals Stock (IIIV)