secwatch.observer — SEC 8-K summary
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Issuer:     i3 Verticals, Inc. (IIIV)
CIK:        0001728688
Form:       8-K/A
Filed at:   2021-08-10T23:59:59+00:00
Accession:  0001728688-21-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i3 Verticals Q3 revenue $62M (+96% YoY); raises FY2021 guidance on software growth
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- Revenue of $62.0M, up 96% YoY; net loss of $4.6M (GAAP EPS -$0.15).
- Adjusted EBITDA (ex-acquisition adjustments) $14.4M vs $7.0M YoY; pro forma adjusted EPS $0.26 vs $0.13.
- Raised FY2021 outlook: revenue $212M-$222M, adjusted EBITDA $49M-$52.5M, pro forma EPS $0.90-$0.96.
- Software & related services revenue grew to 40% of total (up from 26%); Public Sector now over half of company.
- Integrated payments were 60% of payment volume; total payment volume $5.1B, up 72% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728688/000172868821000067/0001728688-21-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728688/000172868821000067/iiiv-20210809.htm
  HTML page:      https://secwatch.observer/filing/0001728688-21-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer