secwatch.observer — SEC 8-K summary
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Issuer:     i3 Verticals, Inc. (IIIV)
CIK:        0001728688
Form:       8-K/A
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001728688-24-000099
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i3 Verticals corrects FY2024 allocation error; Q4 continuing EPS now $0.20 from $(0.02)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728688/000172868824000099/0001728688-24-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728688/000172868824000099/iiiv-20241119.htm
  HTML page:      https://secwatch.observer/filing/0001728688-24-000099

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