other material
confidence high
sentiment positive
materiality 0.85
i3 Verticals corrects FY2024 allocation error; Q4 continuing EPS now $0.20 from $(0.02)
i3 Verticals, Inc.
- Correction reallocates net income between continuing and discontinued ops for FY2024 and FY2023.
- Q4 FY2024 net income from continuing ops attributable to i3 Verticals revised to $6.3M from $0.6M.
- Diluted EPS from continuing ops for Q4 FY2024 revised to $0.20 from $(0.02) per the corrected statement.
- FY2024 net loss from continuing ops attributable to i3 Verticals narrowed to $8.9M from originally reported $15.8M.
- Company reaffirms FY2025 revenue and adjusted EBITDA guidance unchanged.