i3 Verticals Q3 revenue up 96% YoY to $62.0M; raises FY2021 outlook

i3 Verticals, Inc.

2021-Q3 EPS reported -$0.26 revenue$63,129,000

Revenue $62.0M (+96% YoY); net loss $4.6M vs $2.8M loss prior year.
Adjusted EBITDA $14.4M (+104% YoY); pro forma adjusted EPS $0.26 vs $0.13.
FY2021 revenue guidance raised to $212-$222M from $198.4-$214.4M.
Adjusted EBITDA guidance raised to $49.0-$52.5M; pro forma adjusted EPS to $0.90-$0.96.
Software & related services revenue rose to 40% of total; integrated payments 60% of payment volume.

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