i3 Verticals Inc (OQ:IIIV)
Business Focus: N/A
| Sector: Technology | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 40 Burton Hills Blvd Ste 415 NASHVILLE TN 37215-6186 |
| Tel: | 1-615-9889890 |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Gregory Daily Chairman of the Board, Chief Executive Officer | Rick Stanford President | Clay Whitson Chief Financial Officer, Director |
| Chris Laisure President - Public Sector | Paul J. Christians Chief Operating Officer | Geoff Smith Senior Vice President - Finance, Principal Accounting Officer |
| Pete Panagakis Chief Technology Officer | Paul Hargett Maple General Counsel, Secretary | |
| Business Overview |
| i3 Verticals, Inc. builds, acquires, and grows software solutions in strategic vertical markets. The Company operates through two segments: Merchant Services and Software and Services. The Software and Services segment delivers vertical market software solutions to customers across all of its strategic vertical markets. These solutions often include embedded payments or other recurring services. The Merchant Services segment provides comprehensive payment solutions to businesses and organizations. Its Merchant Services segment includes third-party integrated payment solutions as well as traditional merchant processing services across its vertical markets. It offers integrated digital solutions offering dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems. It offers solutions for driver license, vehicle title and registration and motor carrier compliance for departments of transportation in the United States and Canada. |
| Financial Overview |
| For the three months ended 31 December 2023, i3 Verticals Inc revenues increased 7% to $92M. Net income totaled $1.1M vs. loss of $240K. Revenues reflect Software and Services segment increase of 6% to $56.6M, Merchant Services segment increase of 8% to $35.4M. Net Income reflects Change in fair value of contingent consi decrease from $1.4M (expense) to $237K (income), Acquisition Cost of Group Companies decrease of 99% to $8K (expense). |
| Employees: | 1,663 as of Nov 21, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,043M as of Mar 31, 2024 |
| Annual revenue (TTM): | $376.20M as of Mar 31, 2024 |
| EBITDA (TTM): | $65.81M as of Mar 31, 2024 |
| Net annual income (TTM): | $0.53M as of Mar 31, 2024 |
| Free cash flow (TTM): | $12.90M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $374.37M as of Mar 31, 2024 |
| Shares outstanding: | 33,372,564 as of Feb 8, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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