secwatch.observer — SEC 8-K summary
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Issuer:     i3 Verticals, Inc. (IIIV)
CIK:        0001728688
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001728688-22-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i3 Verticals Q3 revenue $80.6M (+27.6%); adj. EBITDA $20.1M (+29.1%); raises FY22 outlook
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- Revenue $80.6M, up 27.6% YoY; net loss $4.7M, slightly wider vs $4.2M loss prior year.
- Adjusted EBITDA $20.1M (+29.1% YoY); pro forma adj. diluted EPS $0.37 vs $0.29 prior year.
- Annualized Recurring Revenue (ARR) grew 30.2% to $266.7M; software/services rev mix 48%.
- Revised FY2022 guidance: revenue $307M-$317M, adj. EBITDA $76.5M-$80.5M, adj. EPS $1.41-$1.47.
- CEO Greg Daily highlights record revenue, adjusted EBITDA; Healthcare acquisition closed April 30 showing cross-selling success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728688/000172868822000042/0001728688-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728688/000172868822000042/iiiv-20220808.htm
  HTML page:      https://secwatch.observer/filing/0001728688-22-000042

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