secwatch / observer

i3 Verticals, Inc. — fact timeline

Source-grounded facts extracted from i3 Verticals, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

IIIV i3 Verticals, Inc. JSON
Earnings Releases

i3 Verticals, Inc. reported six months ended March 31, 2026 results: revenue $110.2 million, net income $3.3 million, EPS $0.09.

“Revenue from continuing operations 1 for the six months ended March 31, 2026, was $110.2 million, an increase of 3.6% over the prior year's first six months.”
Earnings Releases

i3 Verticals, Inc. reported fiscal second quarter ended March 31, 2026 results: revenue $57.5 million, net income $2.2 million, EPS $0.07.

“Second quarter revenue from continuing operations 1 was $57.5 million, an increase of 6.2% over the prior year's second quarter.”
M&A Transactions

i3 Verticals, Inc. completed a disposition involving Payroc Buyer, LLC for approximately $438 million (closed 2024-09-20).

“which was entered into immediately prior to the Closing. Pursuant to the terms of the Purchase Agreement, Buyer paid to Sellers an aggregate purchase price of approximately $438 million (after giving effect to estimated net working capital, indebtedness and cash adjustments), payable in cash at the Closing, subject to post-closing purchase price adjustments. At”

Geoff Smith was appointed as Chief Financial Officer at i3 Verticals, Inc..

“the Board appointed Geoff Smith, age 37, who previously served as the Company’s Senior Vice President of Finance, to serve as the Company’s Chief Financial Officer, effective immediately.”

Paul Christians changed role as Chief Revenue Officer at i3 Verticals, Inc..

“On May 14, 2024, the Board of Directors of i3 Verticals, Inc. (the “Company”) approved a change in role and title for Paul Christians.”
Earnings Releases

i3 Verticals, Inc. updated its the fiscal year ending September 30, 2024 guidance (lowered).

“The Company is providing the following revised outlook for the fiscal year ending September 30, 2024:”
Earnings Releases

i3 Verticals, Inc. updated its the three and six months ended March 31, 2024 guidance (reaffirmed).

“On May 10, 2024, i3 Verticals, Inc. (the “Company”) issued a press release announcing the results of its operations for the three and six months ended March 31, 2024.”
Shareholder Votes

i3 Verticals, Inc. shareholders approved Non-binding advisory vote on frequency of future advisory votes on executive compensation at the 2024-02-22 meeting.

“4. The stockholders approved, on a non-binding, advisory basis, the holding of future advisory votes to approve the compensation of the Company’s named executive officers every year.”
Shareholder Votes

i3 Verticals, Inc. shareholders approved Non-binding advisory vote to approve executive compensation at the 2024-02-22 meeting.

“3. The stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement for the Annual Meeting.”
Shareholder Votes

i3 Verticals, Inc. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending September 30, 2024 at the 2024-02-22 meeting.

“2. The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm (independent auditors) for the fiscal year ending September 30, 2024.”
Shareholder Votes

i3 Verticals, Inc. shareholders approved Election of directors for a term of one year at the 2024-02-22 meeting.

“1. The stockholders elected each of the following persons as directors of the Company for a term of one year and until his or her successor is elected and qualified.”
Earnings Releases

i3 Verticals, Inc. reported the three months ended December 31, 2023 results: revenue $92.0 million. Guidance reaffirmed.

“today reported its financial results for the fiscal first quarter ended December 31, 2023. Highlights for the three months ended December 31, 2023 vs. 2022 • Revenue was $92.0 million, an increase of 6.9% over the prior year's first quarter. • Net income was $1.5 million, compared to net income of $0.2 million in the prior year's first quarter. • Net income”
Earnings Releases

i3 Verticals, Inc. reported fiscal year ending September 30, 2024 results: revenue $385,000 - $410,000, EPS Proforma adjusted diluted earnings per share $1.60 - $1.78. Guidance initiated.

“The Company is providing the following outlook for the fiscal year ending September 30, 2024: (in thousands, except share and per share amounts) Outlook Range Fiscal year ending September 30, 2024 Revenue $ 385,000 - $ 410,000 Adjusted EBITDA (non-GAAP) $ 109,000 - $ 119,000 Depreciation and internally developed software amortization $ 11,000 - $ 13,000 Cash interest expense $ 22,000 - $ 25,000 Proforma adjusted diluted earnings per share (1) (non-GAAP) $ 1.60 - $ 1.78”
Earnings Releases

i3 Verticals, Inc. reported three months and year ended September 30, 2023 results: net income Fourth quarter net income was $3.4 million, compared to a net loss of $4.4 million in the prior year's fourth quarter. N, EPS Fourth quarter diluted net income per share available to Class A common stock was $0.11, compared to a net loss per shar.

“Fourth quarter revenue was $96.4 million, an increase of 13.1% over the prior year's fourth quarter; full year revenue was $370.2 million, an increase of 16.5% over the prior year.”
Earnings Releases

i3 Verticals, Inc. reported the nine months ended June 30, 2023 results: revenue $273.8 million, net income $6.1 million, EPS $0.23. Guidance reaffirmed.

“Revenue for the nine months ended June 30, 2023, was $273.8 million, an increase of 17.7% over the prior year's first nine months.”
Earnings Releases

i3 Verticals, Inc. reported the fiscal third quarter ended June 30, 2023 results: revenue $93.9 million, net income $6.1 million, EPS $0.22. Guidance reaffirmed.

“results for the fiscal third quarter ended June 30, 2023. Highlights for the fiscal third quarter and nine months ended June 30, 2023 vs. 2022 • Third quarter revenue was $93.9 million, an increase of 16.6% over the prior year's third quarter. Revenue for the nine months ended June 30, 2023, was $273.8 million, an increase of 17.7% over the prior year's first”
Earnings Releases

i3 Verticals, Inc. reported fiscal year ending September 30, 2023 results: revenue $360,000 - $380,000, EPS $1.46 - $1.56. Guidance reaffirmed.

“The Company is providing the following revised outlook for the fiscal year ending September 30, 2023: (in thousands, except share and per share amounts) Revised Outlook Range Revenue $ 360,000 - $ 380,000 Adjusted EBITDA (non-GAAP) $ 97,000 - $ 103,000 Depreciation and internally developed software amortization $ 8,000 - $ 9,000 Cash interest expense, net $ 22,000 - $ 23,000 Pro forma adjusted diluted earnings per share (1) (non-GAAP) $ 1.46 - $ 1.56”
Earnings Releases

i3 Verticals, Inc. reported the six months ended March 31, 2023 results: revenue $179.9 million, net income Net loss for the six months ended March 31, 2023, was $23,000, EPS Diluted net loss per share available to Class A common stock was $0.01 in the six months ended March 31, 2023. Guidance reaffirmed.

“Revenue for the six months ended March 31, 2023, was $179.9 million, an increase of 18.3% over the prior year's first six months.”
Earnings Releases

i3 Verticals, Inc. reported the fiscal second quarter ended March 31, 2023 results: revenue $93.9 million, net income net loss was $0.2 million, EPS diluted net loss per share available to Class A common stock was $0.00. Guidance reaffirmed.

“results for the fiscal second quarter ended March 31, 2023. Highlights for the fiscal second quarter and six months ended March 31, 2023 vs. 2022 • Second quarter revenue was $93.9 million, an increase of 20.2% over the prior year's second quarter. Revenue for the six months ended March 31, 2023, was $179.9 million, an increase of 18.3% over the prior year's first”
Debt Financings

i3 Verticals, Inc. incurred revolving credit of $450 million with JPMorgan Chase Bank, N.A., as administrative agent at base rate or the Adjusted Term SOFR rate, plus, in each case, an applicable marg.

“provides for aggregate commitments of $450 million in the form of a senior secured revolving credit facility”
Shareholder Votes

i3 Verticals, Inc. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending September 30, 2023 at the 2023-02-24 meeting.

“2. The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm (independent auditors) for the fiscal year ending September 30, 2023. For Against Abstain Broker Non-Votes 28,484,477 2,129 3,128 —”
Shareholder Votes

i3 Verticals, Inc. shareholders approved Election of Directors at the 2023-02-24 meeting.

“1. The stockholders elected each of the following persons as directors of the Company for a term of one year and until his or her successor is elected and qualified. Name For Withheld Broker Non-Votes (a) Gregory Daily 24,706,752 369,641 3,413,341 (b) Clay Whitson 21,029,418 4,046,975 3,413,341 (c) Elizabeth Seigenthaler Courtney 23,159,000 1,917,393 3,413,341 (d) John Harrison 22,785,489 2,290,904 3,413,341 (e) R. Burton Harvey 22,846,059 2,230,334 3,413,341 (f) Decosta Jenkins 24,971,850 104,543 3,413,341 (g) Timothy McKenna 24,904,404 171,989 3,413,341 (h) David Morgan 24,341,725 734,668 3,413,341 (i) David Wilds 24,944,247 132,146 3,413,341”
Earnings Releases

i3 Verticals, Inc. reported fiscal first quarter ended December 31, 2022 results: revenue $86.0 million, net income $0.2 million, EPS $0.37. Guidance reaffirmed.

“today reported its financial results for the fiscal first quarter ended December 31, 2022. Highlights for the fiscal first quarter ended December 31, 2022 vs. 2021 • Revenue was $86.0 million, an increase of 16.4% over the prior year's first quarter. • Net income was $0.2 million, compared to net loss of $3.7 million in the prior year's first quarter. • Net loss”
Earnings Releases

i3 Verticals, Inc. reported the fiscal year ended September 30, 2022 results: revenue $317.9 million, net income $23.2 million, EPS $0.77 diluted net loss per share. Guidance initiated.

“full year revenue was $317.9 million, an increase of 41.8% over the prior year. • Fourth quarter net loss was $4.4 million, compared to a net loss of $1.9 million in the prior year's fourth quarter. Net loss for the year ended September 30, 2022, was $23.2 million, compared to a net loss of $7.8 million for the year ended September 30, 2021. • Fourth quarter net loss attributable to i3 Verticals, Inc. was $3.5 million; full year net loss attributable to i3 Verticals, Inc. was $17.1 million. • Fourth quarter adjusted EBITDA 1 was $21.7 million, an increase of 27.4% over the prior year's fourth quarter. Adjusted EBITDA 1 for the year ended September 30, 2022, was $79.5 million, an increase of 43.6% over the prior year. • Adjusted EBITDA 1 as a percentage of revenue was 25.0% for the year ended September 30, 2022, compared to 24.7% for the year ended September 30, 2021. • Fourth quarter diluted net loss per share available to Class A common stock was $0.15, compared to a net loss per shar”
Earnings Releases

i3 Verticals, Inc. reported the fiscal fourth quarter ended September 30, 2022 results: revenue $85.3 million, net income $4.4 million, EPS $0.15 diluted net loss per share. Guidance initiated.

“• Fourth quarter revenue was $85.3 million, an increase of 26.9% over the prior year's fourth quarter; full year revenue was $317.9 million, an increase of 41.8% over the prior year. • Fourth quarter net loss was $4.4 million, compared to a net loss of $1.9 million in the prior year's fourth quarter. Net loss for the year ended September 30, 2022, was $23.2 million, compared to a net loss of $7.8 million for the year ended September 30, 2021. • Fourth quarter net loss attributable to i3 Verticals, Inc. was $3.5 million; full year net loss attributable to i3 Verticals, Inc. was $17.1 million. • Fourth quarter adjusted EBITDA 1 was $21.7 million, an increase of 27.4% over the prior year's fourth quarter. Adjusted EBITDA 1 for the year ended September 30, 2022, was $79.5 million, an increase of 43.6% over the prior year. • Adjusted EBITDA 1 as a percentage of revenue was 25.0% for the year ended September 30, 2022, compared to 24.7% for the year ended September 30, 2021. • Fourth quarter”
Governance Changes

i3 Verticals, Inc.: Board adopted amended and restated bylaws to enhance procedural mechanics for stockholder nominations, reflect recent DGCL changes, and make other updates (effective 2022-11-16).

“Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Effective as of November 16, 2022, th e Board adopted amended and restated bylaws of the Company (the bylaws, as so amended and restated, the “Amended and Restated Bylaws”) in connection with the new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the General Corporation Law of the State of Delaware (the “DGCL”), and a periodic review of the bylaws.”

Paul Christians was appointed as Chief Operating Officer at i3 Verticals, Inc..

“On November 16, 2022, Paul Christians was appointed as the Company’s Chief Operating Officer.”

Scott Meriwether resigned as Chief Operating Officer at i3 Verticals, Inc..

“On January 4, 2022, Scott Meriwether, the Chief Operating Officer of i3 Verticals, Inc. (the “Company”), notified the Company of his intention to resign from the Company, effe ctive February 21, 2022, to pursue another opportunity.”

Decosta E. Jenkins was appointed as Director at i3 Verticals, Inc..

“appointed Decosta E. Jenkins as a new director, effective the day following the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2021 (the “Appointment Date”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.