secwatch.observer — SEC 8-K summary
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Issuer:     i3 Verticals, Inc. (IIIV)
CIK:        0001728688
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001728688-24-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i3 Verticals Q4 revenue $60.9M (+4% YoY); net income swings to $7.0M from loss
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- Q4 revenue from continuing ops $60.9M (+3.9% YoY); full year $229.9M (+1.4%).
- Q4 net income from continuing ops $7.0M vs -$1.2M prior year; full year net loss -$13.3M vs -$23.7M.
- Adjusted EBITDA Q4 $16.2M (+3.5%); full year $58.3M (-1.8%). Operating margin 26.7%.
- Annualized Recurring Revenue (ARR) $188.2M (+7.5% YoY) driven by software and payments growth.
- FY2025 guidance reaffirmed: revenue $243-263M, adjusted EBITDA $63-71.5M, pro forma EPS $1.05-1.25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728688/000172868824000094/0001728688-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728688/000172868824000094/iiiv-20241119.htm
  HTML page:      https://secwatch.observer/filing/0001728688-24-000094

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