secwatch.observer — SEC 8-K summary
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Issuer:     i3 Verticals, Inc. (IIIV)
CIK:        0001728688
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001728688-23-000015
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 Q1 revenue $86M (+16% YoY); raises FY adjusted EBITDA guidance to $95-103M
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- Revenue $86.0M, up 16.4% YoY; net income $0.2M vs net loss $3.7M prior year.
- Adjusted EBITDA $23.6M (+29.3% YoY); margin 27.4% vs 24.7%.
- ARR $290.2M, up 20.7% YoY; software & related services 48% of revenue.
- Revised FY23 outlook: revenue $360-380M (unchanged); adjusted EBITDA raised to $95-103M.
- Acquired AccuFund effective Jan 1, 2023; Celtic integration progressing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728688/000172868823000015/0001728688-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728688/000172868823000015/iiiv-20230208.htm
  HTML page:      https://secwatch.observer/filing/0001728688-23-000015

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