secwatch.observer — SEC 8-K summary
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Issuer:     i3 Verticals, Inc. (IIIV)
CIK:        0001728688
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001728688-23-000045
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 Q4 revenue $96.4M (+13% YoY); FY2024 guidance $385-410M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728688/000172868823000045/0001728688-23-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728688/000172868823000045/iiiv-20231115.htm
  HTML page:      https://secwatch.observer/filing/0001728688-23-000045

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