{"schema_version":"secwatch.filing_event.v1","accession":"0001728688-23-000045","form_type":"8-K","ticker":"IIIV","cik":"0001728688","company_name":"i3 Verticals, Inc.","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.208394+00:00","generated_at":"2026-06-08T02:35:45.947281+00:00","sec_items":["2.02","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 $96.4M (+13% YoY); FY2024 guidance $385-410M","bullets":["Q4 revenue $96.4M (+13% YoY); adjusted EBITDA $26.8M (+23%); net income $3.4M vs loss $4.4M.","Full year FY2023 revenue $370.2M (+16.5%); adjusted EBITDA $100.4M (+26%); net loss $2.7M improved from $23.2M loss.","FY2024 guidance: revenue $385-$410M, adj. EBITDA $109-$119M, pro forma adj. EPS $1.60-$1.78.","ARR grew 11% to $312.9M; Software & Services segment revenue up 16% to $60M in Q4.","Promotions: Eric Willis to President - Healthcare; Crystal Bell to President - Enterprise Solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0001728688-23-000045","json":"https://secwatch.observer/filing/0001728688-23-000045.json","markdown":"https://secwatch.observer/filing/0001728688-23-000045.md","text":"https://secwatch.observer/filing/0001728688-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728688/000172868823000045/0001728688-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728688/000172868823000045/iiiv-20231115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:35:45.947281+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":"05fa56c984e1fd8adae75186fb6ab01221cbd386","claim":"i3 Verticals, Inc. reported fiscal year ending September 30, 2024 results: revenue $385,000 - $410,000, EPS Proforma adjusted diluted earnings per share $1.60 - $1.78. Guidance initiated.","evidence_excerpt":"The Company is providing the following outlook for the fiscal year ending September 30, 2024: (in thousands, except share and per share amounts) Outlook Range Fiscal year ending September 30, 2024 Revenue $ 385,000 - $ 410,000 Adjusted EBITDA (non-GAAP) $ 109,000 - $ 119,000 Depreciation and internally developed software amortization $ 11,000 - $ 13,000 Cash interest expense $ 22,000 - $ 25,000 Proforma adjusted diluted earnings per share (1) (non-GAAP) $ 1.60 - $ 1.78","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868823000045/0001728688-23-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ending September 30, 2024"},{"label":"Revenue","value":"$385,000 - $410,000"},{"label":"EPS","value":"Proforma adjusted diluted earnings per share $1.60 - $1.78"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"193ca33c4d5c672812dd7d9743c06f58d5598bed","claim":"i3 Verticals, Inc. reported three months and year ended September 30, 2023 results: net income Fourth quarter net income was $3.4 million, compared to a net loss of $4.4 million in the prior year's fourth quarter. N, EPS Fourth quarter diluted net income per share available to Class A common stock was $0.11, compared to a net loss per shar.","evidence_excerpt":"Fourth quarter revenue was $96.4 million, an increase of 13.1% over the prior year's fourth quarter; full year revenue was $370.2 million, an increase of 16.5% over the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868823000045/0001728688-23-000045-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months and year ended September 30, 2023"},{"label":"Net income","value":"Fourth quarter net income was $3.4 million, compared to a net loss of $4.4 million in the prior year's fourth quarter. N"},{"label":"EPS","value":"Fourth quarter diluted net income per share available to Class A common stock was $0.11, compared to a net loss per shar"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"193ca33c4d5c672812dd7d9743c06f58d5598bed","claim":"i3 Verticals, Inc. reported three months and year ended September 30, 2023 results: net income Fourth quarter net income was $3.4 million, compared to a net loss of $4.4 million in the prior year's fourth quarter. N, EPS Fourth quarter diluted net income per share available to Class A common stock was $0.11, compared to a net loss per shar.","evidence_excerpt":"Fourth quarter diluted net income per share available to Class A common stock was $0.11, compared to a net loss per share of $0.15 in the prior year's fourth quarter; full year diluted net loss per share available to Class A common stock was $0.07, compared to a net loss per share of $0.77 in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868823000045/0001728688-23-000045-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months and year ended September 30, 2023"},{"label":"Net income","value":"Fourth quarter net income was $3.4 million, compared to a net loss of $4.4 million in the prior year's fourth quarter. N"},{"label":"EPS","value":"Fourth quarter diluted net income per share available to Class A common stock was $0.11, compared to a net loss per shar"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}