{"schema_version":"secwatch.filing_event.v1","accession":"0001728688-22-000055","form_type":"8-K","ticker":"IIIV","cik":"0001728688","company_name":"i3 Verticals, Inc.","filed_at":"2022-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.906480+00:00","generated_at":"2026-06-21T17:35:34.678547+00:00","sec_items":["2.02","5.02","5.03","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"i3 Verticals Q4 revenue $85.3M (+27% YoY); guides FY23 rev $360-380M","bullets":["Q4 revenue $85.3M (+27% YoY); full-year revenue $317.9M (+42% YoY).","Q4 adjusted EBITDA $21.7M (+27%); full-year adjusted EBITDA $79.5M (+44%).","Pro forma adjusted diluted EPS Q4 $0.39 (vs $0.33); full year $1.48 (vs $1.05).","ARR grew 33% to $281M; completed $85M Public Sector acquisition effective Oct 1.","FY2023 guidance: revenue $360-380M, adjusted EBITDA $94-102M, adj. EPS $1.50-$1.62."],"urls":{"canonical":"https://secwatch.observer/filing/0001728688-22-000055","json":"https://secwatch.observer/filing/0001728688-22-000055.json","markdown":"https://secwatch.observer/filing/0001728688-22-000055.md","text":"https://secwatch.observer/filing/0001728688-22-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728688/000172868822000055/0001728688-22-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728688/000172868822000055/iiiv-20221116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:35:34.678547+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"85583270d467b2e9a76e97289aefcfb4a5f9be37","claim":"i3 Verticals, Inc. reported the fiscal year ended September 30, 2022 results: revenue $317.9 million, net income $23.2 million, EPS $0.77 diluted net loss per share. Guidance initiated.","evidence_excerpt":"full year revenue was $317.9 million, an increase of 41.8% over the prior year. • Fourth quarter net loss was $4.4 million, compared to a net loss of $1.9 million in the prior year's fourth quarter. Net loss for the year ended September 30, 2022, was $23.2 million, compared to a net loss of $7.8 million for the year ended September 30, 2021. • Fourth quarter net loss attributable to i3 Verticals, Inc. was $3.5 million; full year net loss attributable to i3 Verticals, Inc. was $17.1 million. • Fourth quarter adjusted EBITDA 1 was $21.7 million, an increase of 27.4% over the prior year's fourth quarter. Adjusted EBITDA 1 for the year ended September 30, 2022, was $79.5 million, an increase of 43.6% over the prior year. • Adjusted EBITDA 1 as a percentage of revenue was 25.0% for the year ended September 30, 2022, compared to 24.7% for the year ended September 30, 2021. • Fourth quarter diluted net loss per share available to Class A common stock was $0.15, compared to a net loss per shar","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868822000055/0001728688-22-000055-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended September 30, 2022"},{"label":"Revenue","value":"$317.9 million"},{"label":"Net income","value":"$23.2 million"},{"label":"EPS","value":"$0.77 diluted net loss per share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d223be6920641dd0f7942c0c8d6f7517fb5f52be","claim":"i3 Verticals, Inc. reported the fiscal fourth quarter ended September 30, 2022 results: revenue $85.3 million, net income $4.4 million, EPS $0.15 diluted net loss per share. Guidance initiated.","evidence_excerpt":"• Fourth quarter revenue was $85.3 million, an increase of 26.9% over the prior year's fourth quarter; full year revenue was $317.9 million, an increase of 41.8% over the prior year. • Fourth quarter net loss was $4.4 million, compared to a net loss of $1.9 million in the prior year's fourth quarter. Net loss for the year ended September 30, 2022, was $23.2 million, compared to a net loss of $7.8 million for the year ended September 30, 2021. • Fourth quarter net loss attributable to i3 Verticals, Inc. was $3.5 million; full year net loss attributable to i3 Verticals, Inc. was $17.1 million. • Fourth quarter adjusted EBITDA 1 was $21.7 million, an increase of 27.4% over the prior year's fourth quarter. Adjusted EBITDA 1 for the year ended September 30, 2022, was $79.5 million, an increase of 43.6% over the prior year. • Adjusted EBITDA 1 as a percentage of revenue was 25.0% for the year ended September 30, 2022, compared to 24.7% for the year ended September 30, 2021. • Fourth quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868822000055/0001728688-22-000055-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter ended September 30, 2022"},{"label":"Revenue","value":"$85.3 million"},{"label":"Net income","value":"$4.4 million"},{"label":"EPS","value":"$0.15 diluted net loss per share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7d5c93e620","claim":"Paul Christians was appointed as Chief Operating Officer at i3 Verticals, Inc..","evidence_excerpt":"On November 16, 2022, Paul Christians was appointed as the Company’s Chief Operating Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868822000055/0001728688-22-000055-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"f0e1402d7338154628a504e3b2aca2e7caa7de8c","claim":"i3 Verticals, Inc.: Board adopted amended and restated bylaws to enhance procedural mechanics for stockholder nominations, reflect recent DGCL changes, and make other updates (effective 2022-11-16).","evidence_excerpt":"Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Effective as of November 16, 2022, th e Board adopted amended and restated bylaws of the Company (the bylaws, as so amended and restated, the “Amended and Restated Bylaws”) in connection with the new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the General Corporation Law of the State of Delaware (the “DGCL”), and a periodic review of the bylaws.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868822000055/0001728688-22-000055-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2022-11-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}