earnings
confidence high
sentiment positive
materiality 0.70
i3 Verticals Q1 FY2025 revenue $61.7M, +12% YoY; adj EBITDA $16.4M, +17%; EPS $0.31 vs $0.12
i3 Verticals, Inc.
2025-Q1 EPS reported
$0.08
revenue$52,221,000
- Revenue from continuing ops $61.7M (+12.1% YoY); net income $3.3M vs net loss $4.2M prior year.
- Adjusted EBITDA $16.4M (+17.0%); margin 26.5% vs 25.4%; pro forma adj diluted EPS $0.31 vs $0.12.
- SaaS revenue +16% YoY; payments revenue +7%; ARR $193.3M (+7.6%). Public Sector adj EBITDA $19.2M (+11%).
- Healthcare segment adj EBITDA $3.7M (+34% YoY); total recurring revenue $48.3M (78% of total revenue).
- FY2025 guidance reaffirmed: revenue $243-263M, adj EBITDA $63-71.5M, pro forma adj EPS $1.05-$1.25.