{"schema_version":"secwatch.filing_event.v1","accession":"0001728688-24-000013","form_type":"8-K","ticker":"IIIV","cik":"0001728688","company_name":"i3 Verticals, Inc.","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.284041+00:00","generated_at":"2026-06-06T05:43:41.600134+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"i3 Verticals Q1 revenue $92M (+6.9%); explores sale of Merchant Services; lowers FY24 EPS guidance","bullets":["Revenue $92.0M (+6.9% YoY); Net income $1.5M vs $0.2M; Adjusted EBITDA $25.2M (+6.6%).","Pro forma adjusted diluted EPS $0.36 vs $0.37 YoY; ARR $316.9M (+9.2%).","Board initiates sale exploration of Merchant Services business; Raymond James retained as advisor.","Revised FY2024 guidance: revenue $385M-$400M, Adj. EBITDA $109M-$115M, pro forma EPS $1.52-$1.64 (down from $1.60-$1.78).","Software & Services segment revenue $56.6M (+6%); Merchant Services revenue $35.4M (+8%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001728688-24-000013","json":"https://secwatch.observer/filing/0001728688-24-000013.json","markdown":"https://secwatch.observer/filing/0001728688-24-000013.md","text":"https://secwatch.observer/filing/0001728688-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728688/000172868824000013/0001728688-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728688/000172868824000013/iiiv-20240208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T05:43:41.600134+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":"600e470df4de86ef29504f48e86561e1ae94488c","claim":"i3 Verticals, Inc. reported the three months ended December 31, 2023 results: revenue $92.0 million. Guidance reaffirmed.","evidence_excerpt":"today reported its financial results for the fiscal first quarter ended December 31, 2023. Highlights for the three months ended December 31, 2023 vs. 2022 • Revenue was $92.0 million, an increase of 6.9% over the prior year's first quarter. • Net income was $1.5 million, compared to net income of $0.2 million in the prior year's first quarter. • Net income","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728688/000172868824000013/0001728688-24-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2023"},{"label":"Revenue","value":"$92.0 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}