Financials in USD. Standardized financial statements.
A compact view of how i3 Verticals, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $213.16M | $229.92M | $189.68M | $187.75M | $224.12M | $150.13M | $376.31M | $323.51M | $262.57M | $199.64M |
| Revenue Growth? | -7.3% | +21.2% | +1.0% | -16.2% | +49.3% | -60.1% | +16.3% | +23.2% | +31.5% | 0.0% |
| Cost of Revenue? | $94.49M | $18.57M | $54.81M | $12.83M | $57.71M | $47.23M | $287.10M | $254.86M | $217.91M | $162.93M |
| Gross Profit? | $118.67M | $211.35M | $134.87M | $174.92M | $166.42M | $102.90M | $89.20M | $68.65M | $44.66M | $36.71M |
| Gross Margin? | +55.7% | +91.9% | +71.1% | +93.2% | +74.3% | +68.5% | +23.7% | +21.2% | +17.0% | +18.4% |
| Operating Expenses? | $114.66M | $204.50M | $139.28M | $198.06M | $166.43M | $95.13M | $82.81M | $56.29M | $37.06M | $32.75M |
| Operating Income? | $4.01M | $6.85M | -$4.41M | -$23.14M | -$12,000 | $7.77M | $6.39M | $12.36M | $7.60M | $3.96M |
| EBITDA? | $41.08M | $33.23M | $33.27M | $22.59M | $27.00M | $23.37M | $22.95M | $15.71M | $18.10M | $13.95M |
| Income Before Tax | $10.88M | -$19.01M | -$28.32M | -$38.91M | -$7.22M | -$3.77M | $386,000 | -$4.62M | $1.08M | -$1.85M |
| Income Tax Expense | $5.27M | -$5.67M | -$3.51M | $152,000 | $623,000 | -$2.79M | -$177,000 | $337,000 | $177,000 | $243,000 |
| Net Income? | $17.87M | $113.34M | -$811,000 | -$17.10M | -$4.46M | -$419,000 | -$3.04M | -$6.90M | $902,000 | -$2.09M |
| EPS? | $-0.34 | $4.84 | $0.08 | $-0.77 | $-0.21 | $-0.03 | $-0.29 | $-0.78 | $0.12 | $-0.27 |
| Diluted EPS? | $0.56 | $4.64 | $-0.07 | $-0.77 | $-0.22 | $-0.03 | $-0.29 | $-0.74 | $0.12 | $-0.27 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality