{"schema_version":"secwatch.filing_event.v1","accession":"0001728688-25-000085","form_type":"8-K","ticker":"IIIV","cik":"0001728688","company_name":"i3 Verticals, Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.495521+00:00","generated_at":"2026-05-22T04:57:35.036994+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"i3 Verticals Q2 revenue up 9% to $63.1M; adj. EBITDA $17.1M; acquires utility billing software, sells HC RCM for $96M","bullets":["Q2 revenue $63.1M (+8.8% YoY); net income from continuing ops $1.1M vs loss $2.3M in prior year.","Adjusted EBITDA from continuing ops $17.1M (+12.7% YoY; margin 27.2% vs 26.2%).","Non-GAAP adj. diluted EPS $0.32 vs $0.12 prior year; ARR $199.1M (+6.5% YoY).","Acquired a utility billing software company on April 1 for $9M cash (up to $5M contingent).","Divested Healthcare RCM Business on May 5 for $96M cash; RCM contributed $9.1M revenue in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0001728688-25-000085","json":"https://secwatch.observer/filing/0001728688-25-000085.json","markdown":"https://secwatch.observer/filing/0001728688-25-000085.md","text":"https://secwatch.observer/filing/0001728688-25-000085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728688/000172868825000085/0001728688-25-000085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728688/000172868825000085/iiiv-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T04:57:35.036994+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}