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Technology - Software - Infrastructure - NASDAQ - US
$ 23.71
-0.961 %
$ 556 M
Market Cap
-62.39
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one IIIV stock under the worst case scenario is HIDDEN Compared to the current market price of 23.7 USD, i3 Verticals, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one IIIV stock under the base case scenario is HIDDEN Compared to the current market price of 23.7 USD, i3 Verticals, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one IIIV stock under the best case scenario is HIDDEN Compared to the current market price of 23.7 USD, i3 Verticals, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
230 M REVENUE
-37.90%
6.85 M OPERATING INCOME
-69.82%
175 M NET INCOME
6703.70%
48.4 M OPERATING CASH FLOW
40.30%
396 M INVESTING CASH FLOW
426.00%
-367 M FINANCING CASH FLOW
-485.59%
60.9 M REVENUE
8.61%
3.55 M OPERATING INCOME
631.24%
179 M NET INCOME
1389.50%
15.1 M OPERATING CASH FLOW
86.51%
413 M INVESTING CASH FLOW
9514.16%
-352 M FINANCING CASH FLOW
-13189.03%
Balance Sheet i3 Verticals, Inc.
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Current Assets 153 M
Cash & Short-Term Investments 86.5 M
Receivables 56.2 M
Other Current Assets 10.7 M
Non-Current Assets 577 M
Long-Term Investments 0
PP&E 17.6 M
Other Non-Current Assets 560 M
Current Liabilities 165 M
Accounts Payable 5.37 M
Short-Term Debt 29.7 M
Other Current Liabilities 130 M
Non-Current Liabilities 50.6 M
Long-Term Debt 35.7 M
Other Non-Current Liabilities 14.9 M
EFFICIENCY
Earnings Waterfall i3 Verticals, Inc.
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Revenue 230 M
Cost Of Revenue 18.6 M
Gross Profit 211 M
Operating Expenses 204 M
Operating Income 6.85 M
Other Expenses -168 M
Net Income 175 M
RATIOS
91.92% GROSS MARGIN
91.92%
2.98% OPERATING MARGIN
2.98%
49.30% NET MARGIN
49.30%
29.85% ROE
29.85%
15.51% ROA
15.51%
1.09% ROIC
1.09%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis i3 Verticals, Inc.
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Net Income 175 M
Depreciation & Amortization 37.4 M
Capital Expenditures -2.96 M
Stock-Based Compensation 26.3 M
Change in Working Capital 17.2 M
Others -197 M
Free Cash Flow 48.4 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 1.22%
IIIV Average Price Target Wall Street Target
28.8 USD 21.47%
IIIV Highest Price Target Wall Street Target
33 USD 39.18%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership i3 Verticals, Inc.
image
Sold
0-3 MONTHS
444 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
2.1 M USD 1
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 month ago
Nov 27, 2024
Sell 376 K USD
STANFORD FREDERICK
President
- 14967
25.13 USD
1 month ago
Nov 27, 2024
Sell 68.2 K USD
STANFORD FREDERICK
President
- 2610
26.13 USD
1 month ago
Nov 25, 2024
Bought 962 K USD
DAILY GREGORY S
Chief Executive Officer
+ 40000
24.06 USD
1 month ago
Nov 22, 2024
Bought 1.14 M USD
DAILY GREGORY S
Chief Executive Officer
+ 48544
23.51 USD
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
2 years ago
Nov 23, 2022
Bought 49.6 K USD
MORGAN DAVID K.
Director
+ 2000
24.8 USD
2 years 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
3 years ago
Dec 03, 2021
Bought 544 K USD
DAILY GREGORY S
Chief Executive Officer
+ 28717
18.94 USD
3 years ago
Dec 02, 2021
Bought 297 K USD
DAILY GREGORY S
Chief Executive Officer
+ 15579
19.06 USD
3 years ago
Dec 02, 2021
Bought 700 K USD
DAILY GREGORY S
Chief Executive Officer
+ 37791
18.52 USD
3 years ago
Nov 22, 2021
Sell 297 K USD
STANFORD FREDERICK
President
- 14036
21.14 USD
3 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
4 years ago
Dec 18, 2020
Sell 101 K USD
BERTKE ROBERT
Chief Technology Officer
- 3149
32.01 USD
4 years ago
Dec 10, 2020
Sell 10.8 M USD
WILDS DAVID M
Director
- 400000
27.1 USD
4 years ago
Dec 10, 2020
Sell 506 K USD
HARVEY ROBERT BURTON
Director
- 18687
27.1 USD
4 years ago
Dec 10, 2020
Sell 7.59 M USD
HARRISON JOHN C.
Director
- 280000
27.1 USD
4 years ago
Dec 07, 2020
Sell 796 K USD
STANFORD FREDERICK
President
- 27584
28.85 USD
4 years ago
Dec 07, 2020
Sell 41.4 K USD
STANFORD FREDERICK
President
- 1387
29.86 USD
4 years ago
Dec 08, 2020
Sell 463 K USD
STANFORD FREDERICK
President
- 16029
28.88 USD
5 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 Inks Deal to Provide Motor Carrier Services to Saskatchewan Province NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ: IIIV) announced today that it has signed a new contract with Saskatchewan Province to provide motor carrier services. This contract further establishes the Company's Public Sector presence in Canada. As an IRP (International Registration Plan) partner, Saskatchewan Province will now be able to handle IRP registration, credentialing, and the apportionment of fees from a single platform. With our intu. businesswire.com - 1 month ago
ePortal Self-Service Solution Goes Live in City of Phoenix Water Services Department NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (“i3 Verticals” or the “Company”) (NASDAQ: IIIV) announced today the successful go-live of its self-service ePortal for the City of Phoenix Water Services Department, Arizona's largest municipal water department, serving more than 1.7 million customers. The City of Phoenix Water Services Department selected the Company's ePortal solution to empower their customer base with an intuitive self-service experience. The ePortal enables customers t. businesswire.com - 1 month ago
i3 Verticals, Inc. (IIIV) Q4 2024 Earnings Call Transcript i3 Verticals, Inc. (NASDAQ:IIIV ) Q4 2024 Earnings Call Transcript November 19, 2024 8:30 AM ET Company Participants Clay Whitson - CSO Greg Daily - Chairman and CEO Geoff Smith - CFO Rick Stanford - President Paul Christians - CRO Conference Call Participants John Davis - Raymond James Mark Palmer - The Benchmark Company Shefali Tamaskar - Morgan Stanley 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 Fourth Quarter 2024 Earnings Conference Call. seekingalpha.com - 1 month ago
i3 Verticals Reports Fourth Quarter and Full Fiscal Year 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 fourth quarter and year ended September 30, 2024. Highlights from continuing operations1 for the fiscal fourth quarter and full fiscal year of 2024 vs. 2023 Fourth quarter revenue from continuing operations was $60.9 million, an increase of 3.9% over the prior year's fourth quarter; full year revenue from continuing operations was $229.9 mill. businesswire.com - 2 months ago
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 - 2 months 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 - 5 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 - 5 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 - 5 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 - 6 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 - 6 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 - 8 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 - 8 months ago
8. Profile Summary

i3 Verticals, Inc. IIIV

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 556 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. Pete Panagakis Chief Technology Officer Mr. Geoffrey C. Smith Chief Financial Officer Mr. Hume Miller Head of i3 Education Mr. Christopher Laisure President of Public Sector Ms. Amber Murphy Senior Vice President of Human Resources Mr. Clay M. Whitson Chief Strategy Officer & Director Mr. Gregory S. Daily Chairman & Chief Executive Officer Mr. Frederick Stanford President Mr. Paul Maple General Counsel & Secretary Mr. Paul Christians Chief Revenue Officer