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Technology - Software - Infrastructure - NASDAQ - US
$ 24.82
-0.201 %
$ 839 M
Market Cap
-496.4
P/E
1. INTRINSIC VALUE

i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments. The company offers payment processing services that enables clients to accept electronic payments, facilitating the exchange of funds and transaction data between clients, financial institutions, and payment networks. The company also licenses software; and provides ongoing support, and other point of sale-related solutions. It offers its solutions to clients through direct sales force; distribution partners, including independent software vendors, value-added resellers, and independent sales organizations; and referral partners, such as financial institutions, trade associations, chambers of commerce, and card issuers.[ Read More ]

The intrinsic value of one IIIV stock under the base case scenario is HIDDEN Compared to the current market price of 24.8 USD, i3 Verticals, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IIIV

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FINANCIALS
370 M REVENUE
16.48%
22.7 M OPERATING INCOME
11.92%
-1.84 M NET INCOME
92.07%
34.5 M OPERATING CASH FLOW
-24.74%
-122 M INVESTING CASH FLOW
-7.50%
75.7 M FINANCING CASH FLOW
3.59%
56 M REVENUE
-40.73%
-669 K OPERATING INCOME
-7.33%
-13.8 M NET INCOME
-737.27%
8.12 M OPERATING CASH FLOW
-32.88%
-4.39 M INVESTING CASH FLOW
15.62%
2.67 M FINANCING CASH FLOW
124.98%
Balance Sheet Decomposition i3 Verticals, Inc.
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Current Assets 85.5 M
Cash & Short-Term Investments 3.11 M
Receivables 65.1 M
Other Current Assets 17.3 M
Non-Current Assets 796 M
Long-Term Investments 4.42 M
PP&E 26.2 M
Other Non-Current Assets 765 M
Current Liabilities 93.5 M
Accounts Payable 11.1 M
Short-Term Debt -27.3 M
Other Current Liabilities 110 M
Non-Current Liabilities 460 M
Long-Term Debt 396 M
Other Non-Current Liabilities 64.2 M
EFFICIENCY
Earnings Waterfall i3 Verticals, Inc.
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Revenue 370 M
Cost Of Revenue 80.6 M
Gross Profit 290 M
Operating Expenses 267 M
Operating Income 22.7 M
Other Expenses 24.6 M
Net Income -1.84 M
RATIOS
78.24% GROSS MARGIN
78.24%
6.13% OPERATING MARGIN
6.13%
-0.22% NET MARGIN
-0.22%
-0.34% ROE
-0.34%
-0.09% ROA
-0.09%
2.65% ROIC
2.65%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis i3 Verticals, Inc.
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Net Income -1.84 M
Depreciation & Amortization 28.1 M
Capital Expenditures -16.4 M
Stock-Based Compensation 27.9 M
Change in Working Capital 5.94 M
Others -7.76 M
Free Cash Flow 18.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets i3 Verticals, Inc.
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Wall Street analysts predict an average 1-year price target for IIIV of $28.8 , with forecasts ranging from a low of $24 to a high of $33 .
IIIV Lowest Price Target Wall Street Target
24 USD -3.30%
IIIV Average Price Target Wall Street Target
28.8 USD 16.04%
IIIV Highest Price Target Wall Street Target
33 USD 32.96%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership i3 Verticals, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Aug 18, 2023
Sell 59.8 K USD
MCKENNA TIMOTHY
Director
- 2687
22.27 USD
1 year ago
May 15, 2023
Bought 490 K USD
DAILY GREGORY S
Chief Executive Officer
+ 22377
21.9 USD
1 year ago
May 12, 2023
Bought 588 K USD
DAILY GREGORY S
Chief Executive Officer
+ 27623
21.28 USD
1 year ago
Nov 23, 2022
Bought 49.6 K USD
MORGAN DAVID K.
Director
+ 2000
24.8 USD
1 year ago
Nov 22, 2022
Bought 23.7 K USD
MORGAN DAVID K.
Director
+ 1000
23.73 USD
2 years ago
Jun 08, 2022
Sell 57.4 K USD
BERTKE ROBERT
Chief Technology Officer
- 2324
24.72 USD
2 years ago
Dec 03, 2021
Bought 544 K USD
DAILY GREGORY S
Chief Executive Officer
+ 28717
18.94 USD
2 years ago
Dec 02, 2021
Bought 297 K USD
DAILY GREGORY S
Chief Executive Officer
+ 15579
19.06 USD
2 years ago
Dec 02, 2021
Bought 700 K USD
DAILY GREGORY S
Chief Executive Officer
+ 37791
18.52 USD
2 years ago
Nov 22, 2021
Sell 297 K USD
STANFORD FREDERICK
President
- 14036
21.14 USD
2 years ago
Nov 22, 2021
Sell 21.4 K USD
STANFORD FREDERICK
President
- 964
22.25 USD
3 years ago
Jun 10, 2021
Bought 95 K USD
MORGAN DAVID K.
Director
+ 3000
31.67 USD
3 years ago
Mar 15, 2021
Sell 6.57 M USD
WILDS DAVID M
Director
- 200000
32.83 USD
3 years ago
Mar 15, 2021
Sell 460 K USD
HARVEY ROBERT BURTON
Director
- 14000
32.83 USD
3 years ago
Mar 15, 2021
Sell 6.57 M USD
HARRISON JOHN C.
Director
- 200000
32.83 USD
3 years ago
Dec 18, 2020
Sell 101 K USD
BERTKE ROBERT
Chief Technology Officer
- 3149
32.01 USD
3 years ago
Dec 10, 2020
Sell 10.8 M USD
WILDS DAVID M
Director
- 400000
27.1 USD
3 years ago
Dec 10, 2020
Sell 506 K USD
HARVEY ROBERT BURTON
Director
- 18687
27.1 USD
3 years ago
Dec 10, 2020
Sell 7.59 M USD
HARRISON JOHN C.
Director
- 280000
27.1 USD
3 years ago
Dec 07, 2020
Sell 796 K USD
STANFORD FREDERICK
President
- 27584
28.85 USD
3 years ago
Dec 07, 2020
Sell 41.4 K USD
STANFORD FREDERICK
President
- 1387
29.86 USD
3 years ago
Dec 08, 2020
Sell 463 K USD
STANFORD FREDERICK
President
- 16029
28.88 USD
4 years ago
Dec 09, 2019
Sell 83.7 K USD
MERIWETHER DAVID SCOTT
Chief Operating Officer
- 3000
27.9 USD
5 years ago
Aug 13, 2019
Bought 42.7 K USD
MORGAN DAVID K.
Director
+ 2000
21.35 USD
5 years ago
Jun 11, 2019
Bought 1.99 M USD
DAILY GREGORY S
Chief Executive Officer
+ 84800
23.49 USD
5 years ago
May 16, 2019
Sell 107 K USD
STANFORD FREDERICK
President
- 4500
23.67 USD
5 years ago
May 17, 2019
Sell 480 K USD
STANFORD FREDERICK
President
- 20500
23.43 USD
6 years ago
Aug 16, 2018
Bought 31.3 K USD
MORGAN DAVID K.
Director
+ 2000
15.66 USD
6 years ago
Jun 25, 2018
Bought 75 K USD
MAPLE PAUL
General Counsel and Secretary
+ 5769
13 USD
7. News
i3 Verticals Announces Earnings Release and Conference Call Date for Fourth Quarter of Fiscal 2024 NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the fourth quarter ended September 30, 2024, on Monday, November 18, 2024, after the Nasdaq market close. The Company will also host a conference call on Tuesday, November 19, 2024, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approxi. businesswire.com - 1 week ago
i3 Verticals, Inc. (IIIV) Q3 2024 Earnings Call Transcript i3 Verticals, Inc. (NASDAQ:IIIV ) Q3 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Geoff Smith - SVP, Finance Greg Daily - Chairman & CEO Clay Whitson - CFO Rick Stanford - President Paul Christians - CRO Conference Call Participants John Davis - Raymond James Matt VanVliet - BTIG Charles Nabhan - Stephens Alex Markgraff - KeyBanc Capital Markets Peter Heckmann - D.A. Davidson Rufus Hone - BMO Capital Markets Operator Good day, everyone, and welcome to the i3 Verticals Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 months ago
I3 Verticals (IIIV) Misses Q3 Earnings and Revenue Estimates I3 Verticals (IIIV) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.38 per share a year ago. zacks.com - 3 months ago
i3 Verticals Reports Third Quarter 2024 Financial Results NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal third quarter ended June 30, 2024. Highlights for the three and nine months ended June 30, 2024 vs. 2023 from continuing operations1 Third quarter revenue from continuing operations was $56.0 million, a decrease of 2% over the prior year's third quarter. Revenue from continuing operations for the nine months ended June 30, 2024, was $169.1 mi. businesswire.com - 3 months ago
i3 Verticals (IIIV) to Reduce Debt Through New Divestiture The divestment of the merchant of record payment business to Payroc is set to help i3 Verticals (IIIV) focus on its core businesses and reduce its debt burden. zacks.com - 4 months ago
i3 Verticals Enters Into Definitive Agreement to Sell Merchant of Record Payments Business NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (“i3 Verticals” or the “Company”) (NASDAQ: IIIV), and Payroc WorldAccess, LLC (“Payroc”), a leading omni-channel payments provider, today announced that the companies have entered into a definitive agreement whereby Payroc will acquire i3 Verticals' merchant of record payments business, including its associated proprietary technology (the “divested business”), in an all-cash transaction for $440 million, subject to certain purchase price adj. businesswire.com - 4 months ago
i3 Verticals, Inc. (IIIV) Q2 2024 Earnings Call Transcript i3 Verticals, Inc. (NASDAQ:IIIV ) Q2 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Geoff Smith - Senior Vice President, Finance Greg Daily - Chairman, Chief Executive Officer Clay Whitson - Chief Financial Officer, Director Rick Stanford - President Paul Christians - COO Conference Call Participants John Davis - Raymond James Peter Heckmann - D.A. Davidson Shefali Tamaskar - Morgan Stanley Mark Palmer - Benchmark Matt VanVliet - BTIG Charles Nabhan - Stephens Rufus Hone - BMO Capital Markets Alex Markgraff - KeyBank Capital Markets Operator Good day, and welcome to the i3 Verticals Second Quarter 2024 Earnings Conference Call. seekingalpha.com - 6 months ago
i3 Verticals Reports Second Quarter 2024 Financial Results NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal second quarter ended March 31, 2024. Highlights for the second quarter and six months ended March 31, 2024 vs. 2023 Second quarter revenue was $94.5 million, an increase of 0.7% over the prior year's second quarter. Revenue for the six months ended March 31, 2024, was $186.5 million, an increase of 3.7% over the prior year's first six months. businesswire.com - 6 months ago
i3 Verticals Announces Earnings Release and Conference Call Date for Second Quarter of Fiscal 2024 NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the second quarter ended March 31, 2024, on Friday, May 10, before the Nasdaq market open. The Company will also host a conference call on Friday, May 10, 2024, at 9:00 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 10 minutes pri. businesswire.com - 6 months ago
i3 Verticals (IIIV) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for i3 Verticals (IIIV) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 9 months ago
I3 Verticals (IIIV) Q1 Earnings and Revenues Miss Estimates I3 Verticals (IIIV) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.37 per share a year ago. zacks.com - 9 months ago
i3 Verticals Reports First Quarter 2024 Financial Results NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) 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 attributable to i3 Verticals, Inc. was $1. businesswire.com - 9 months ago
8. Profile Summary

i3 Verticals, Inc. IIIV

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 839 M
Dividend Yield 0.00%
Description i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments. The company offers payment processing services that enables clients to accept electronic payments, facilitating the exchange of funds and transaction data between clients, financial institutions, and payment networks. The company also licenses software; and provides ongoing support, and other point of sale-related solutions. It offers its solutions to clients through direct sales force; distribution partners, including independent software vendors, value-added resellers, and independent sales organizations; and referral partners, such as financial institutions, trade associations, chambers of commerce, and card issuers. The company was founded in 2012 and is headquartered in Nashville, Tennessee.
Contact 40 Burton Hills Boulevard, Nashville, TN, 37215 https://www.i3verticals.com
IPO Date June 21, 2018
Employees 1663
Officers Mr. Geoffrey C. Smith Chief Financial Officer Mr. Christopher Laisure President of Public Sector Mr. Pete Panagakis Chief Technology Officer Mr. Hume Miller Head of i3 Education Mr. Clay M. Whitson Chief Strategy Officer & Director Ms. Amber Murphy Senior Vice President of Human Resources Mr. Gregory S. Daily Chairman & Chief Executive Officer Mr. Frederick Stanford President Mr. Paul Maple General Counsel & Secretary Mr. Paul Christians Chief Revenue Officer