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I3 Verticals Inc (NASDAQ: IIIV) |
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Price: $23.4600
$-0.09 
-0.382%
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| Day's High:
| $23.65
| Week Perf:
| 0.34 %
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| Day's Low: |
$ 23.31 |
30 Day Perf: |
-6.42 % |
| Volume (M): |
101 |
52 Wk High: |
$ 26.00 |
| Volume (M$): |
$ 2,370 |
52 Wk Avg: |
$21.81 |
| Open: |
$23.55 |
52 Wk Low: |
$17.54 |
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| Market Capitalization (Millions $) |
298 |
| Shares
Outstanding (Millions) |
13 |
| Employees |
500 |
| Revenues (TTM) (Millions $) |
303 |
| Net Income (TTM) (Millions $) |
175 |
| Cash Flow (TTM) (Millions $) |
77 |
| Capital Exp. (TTM) (Millions $) |
20 |
I3 Verticals Inc
I3 Verticals Inc is a technology and payment processing company based in Nashville, Tennessee, that provides integrated payment and software solutions to a variety of industries, including education, healthcare, nonprofit, public sector and business-to-business (B2B) payments. The company was founded in 2012 by a group of experienced payment processing professionals, with a mission to simplify and innovate the payment industry with advanced technology and personalized customer support.
I3 Verticals operates through three business segments: Education and Public Sector, B2B, and Healthcare. The Education and Public Sector segment provides payment solutions for school systems, cities, counties, and municipalities. The B2B segment provides payment processing solutions for businesses in various industries, such as rental, professional services, and distribution. The Healthcare segment provides payment solutions to hospitals, ambulatory surgery centers, and other healthcare providers.
I3 Verticals offers a range of technology and payment processing services, including credit and debit card processing, ACH processing, e-check processing, and mobile payments. The company's proprietary software solutions include cloud-based accounting and management software, point-of-sale (POS) systems, and electronic billing and invoicing solutions. I3 Verticals also offers security and compliance services, as well as support services to help customers with their payment processing needs.
The company has a strong focus on customer service and has been recognized for its dedication to customer satisfaction. I3 Verticals offers a 24/7 helpdesk support and works closely with each customer to understand their specific business needs and goals. The company's innovative and flexible solutions allow customers to streamline their payment processing operations and improve their overall efficiency.
I3 Verticals has grown rapidly since its inception and has acquired several companies in the payment processing industry to expand its product offerings and customer base. In 2019, the company went public and is now listed on the NASDAQ stock exchange under the ticker symbol IIIV. Today, I3 Verticals continues to focus on innovation and excellence in the payment processing industry, providing customized solutions that enable businesses to grow and succeed.
Company Address: 40 Burton Hills Blvd. Nashville 37215 TN
Company Phone Number: 465-4487 Stock Exchange / Ticker: NASDAQ IIIV
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| Stock Performances by Major Competitors |
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| I3 Verticals Inc
I3 Verticals Inc. Reports Q4 and Full Year Results for Fiscal 2024: An Insight into Performance and Market TrendsNASHVILLE, Tenn. ? I3 Verticals, Inc. (Nasdaq: IIIV), a prominent player in the payment processing sector, has announced its financial results for the fiscal fourth quarter and the full year ended September 30, 2024. Despite facing some challenges, the company showcased notable developments in specific areas of its operations and recorded a significant net earnings improvement. Financial OverviewFor the fourth quarter of fiscal 2024, I3 Verticals reported revenue from continuing operations of $60.9 million, marking a 3.9% increase compared to the fourth quarter of the prior year. However, full-year revenue experienced a more dramatic decline, reaching $229.9 million, down 37.9% from $370.24 million in fiscal 2023. The company reported a net shortfall of $175.13 million for the fiscal year, with a loss per share widening to $-0.38, compared to a loss of $-0.07 in the previous year.
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| Business Update
Published Mon, Sep 23 2024 12:47 PM UTC
In a significant development in the financial technology sector, i3 Verticals, Inc. (NASDAQ: IIIV), a renowned integrated payment and software solutions provider, has successfully closed the previously announced sale of its merchant services business to Payroc WorldAccess, LLC (Payroc), an industry leader in omni-channel payment processing. The completion of this sale marks ...
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| Business Update
Published Wed, Jun 26 2024 9:47 PM UTC
In a significant move to streamline its operations, i3 Verticals, Inc. (i3 Verticals), a prominent payment solutions provider, has announced its decision to sell its merchant of record payments business to Payroc WorldAccess, LLC (Payroc) for a staggering $440 million. This groundbreaking all-cash deal also includes the transfer of i3 Verticals cutting-edge proprietary tech...
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| I3 Verticals Inc
I3 Verticals Inc, a Professional Services company, reported unaffected earnings per share at $0.08 on a moderate revenue rise of 0.714% to $94.54 million in the January to March 31, 2024 period compared to the same period a year before. Despite the steady earnings per share and revenue growth, I3 Verticals Inc underperformed its peers in the industry, who reported a top-line growth of 9.61% relative to the previous year.
In comparison to the previous financial reporting period, I3 Verticals Inc saw significant improvements in its financial performance. The company's earnings per share soared by 100% from $0.04 per share and revenue grew by 2.774% to $91.99 million. I3 Verticals Inc also reported a bottom-line profit of $3.348 million in the January to March 31, 2024 period, a marked improvement from a net deficit of $-0.192 million in the same period a year ago. The company emphasized its improving profit margins, with a net margin of 3.54% and an operating margin of 9.96%. Operating earnings rose by 73.05% to $9.421 million.
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| I3 Verticals Inc
Investors in the stock market have reason to rejoice as the first quarter of 2024 earnings season has shown positive growth for companies across the board. One standout performer is I3 Verticals Inc, who have reported a positive income of $0.04 per share, a significant improvement from the previous year. Even though profit took a slight hit, with a decrease of -52.96% from the previous financial reporting period, the overall revenue grew by 6.929% to $91.99 million.
What is truly impressive is the bottom-line improvement of $1.536 million, an increase of 808.88% from the corresponding financial reporting period a year ago. This shows that I3 Verticals Inc is on the right track towards profitability and growth in the market.
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| Per Share |
Current |
| Earnings (TTM) |
0 $ |
| Revenues (TTM) |
23.87 $
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| Cash Flow (TTM) |
6.07 $ |
| Cash |
6.81 $
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| Book Value |
40.55 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
|
| Earnings (TTM) |
0 $
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| Revenues (TTM) |
23.87 $ |
| Cash Flow (TTM) |
6.07 $ |
| Cash |
6.81 $
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| Book Value |
40.55 $ |
| Dividend (TTM) |
0 $ |
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| Software and related services revenue |
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 73.91 % |
of total Revenue |
| Payments revenue |
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21.18 % |
of total Revenue |
| Other revenue |
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4.91 % |
of total Revenue |
| Revenue earned over time |
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94.24 % |
of total Revenue |
| Revenue earned at a point in time |
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5.76 % |
of total Revenue |
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1.62%