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Company price
19.01 USD -0.06 ( 0.31%)
Last update at 2026-11-09T15:36:00Z
VOLUME
10879
Market Cap
513.75M
P/E
54.70

Momentum Score

…

i3 Verticals, Inc. provides enterprise software and services solutions to public sector entities in the United States and Canada. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, records management, evidence management, jail management, mobile solutions, and livescan; and software solutions for vehicle title and registration, driver's license and permit management, and motor carrier compliance for departments of transportation. It also provides digital customer engagement platform, comprising web, mobile, chat, and voice options; billing and back-office management software solutions and services; solutions for school lunch programs, including meal account management, point of sale, menu planning, nutritional analysis, food inventory and free, and reduced meal applications, as well as school event solutions, such as ticketing and concessions. In addition, the company offers government fund accounting software; digital land records solutions, including AI indexing of information; computer assisted mass appraisal solutions; licensing and permitting solutions that include automation every step of the application, renewal, and payment process; and tax and revenue collection management solutions. i3 Verticals, Inc. was founded in 2012 and is based in Nashville, Tennessee.

Source: TradingView
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Day Price Range
18.95
Low
19.21
High
52 Week Price Range
14.70
Low
33.97
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

i3 Verticals provides vertical-specific payment processing and SaaS to municipal, education, healthcare, utility and retail customers in the U.S. Long-term growth may be supported by secular digital-payments adoption, cross-selling recurring software and payment services, and bolt-on acquisitions that build scale, which could appeal to investors seeking diversified transaction and subscription revenue.
Primary risks include acquisition integration and execution, regulatory and compliance exposure in payments, competitive pressure from larger processors, and sensitivity to transaction volumes and leverage.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
19.07
Dividend Yield
-
Revenue TTM
293.02M
Revenue Per Share
12.26
Gross Profit TTM
55.92M
Debt / Equity
0.02
ROE
0.79%
Net Debt
-58.92M
ROCE
2.32%
Diluted EPS TTM
0.27

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Income before tax 10.88M -19.01M -3.85M -18.21M -7.22M
Minority interest -8.63M -61.79M 1.84M 6.12M -3.38M
Net income 17.87M 113.34M -0.81M -23.22M -7.84M
Selling general administrative 114.66M 170.69M 219.74M 193.79M 142.01M
Selling and marketing expenses - 2.54M - - -
Gross profit 118.67M 211.35M 289.69M 244.50M 166.42M
Reconciled depreciation 29.84M 37.45M 36.46M 29.42M 24.42M
Ebit 13.18M 9.32M 32.05M 20.29M 9.72M
Ebitda 41.08M 33.23M 68.52M 49.71M 34.14M
Depreciation and amortization 27.90M 23.90M 36.46M 29.42M 24.42M
Non operating income net other - - - -0.99M 2.60M
Operating income 4.01M 6.85M 22.71M 20.29M 9.72M
Other operating expenses 209.15M 223.07M 336.75M 296.58M 217.00M
Interest expense 2.30M 29.26M 25.13M 14.78M 9.80M
Tax provision 5.27M -5.67M -1.20M 5.01M 0.62M
Net interest income -2.30M -29.26M -25.13M -14.78M -9.80M
Income tax expense 5.27M -5.67M -1.20M 5.01M 0.62M
Total revenue 213.16M 229.92M 370.24M 317.86M 224.12M
Total operating expenses 114.66M 204.50M 256.20M 223.21M 159.29M
Cost of revenue 94.49M 18.57M 80.55M 73.37M 57.71M
Total other income expense net 6.87M -25.87M -12.22M -38.50M -16.94M
Net income from continuing ops 5.62M -13.35M -2.65M -23.22M -7.84M
Net income applicable to common shares - - - -17.10M -4.46M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Total assets 638.41M 730.67M 881.49M 770.31M 651.80M
Intangible assets 184.11M 221.41M 289.53M 248.26M 213.08M
Other current assets 9.78M 8.25M 17.32M 7.54M 15.98M
Total liab 120.69M 215.32M 553.20M 462.62M 362.21M
Total stockholder equity 389.58M 379.74M 236.75M 218.38M 204.76M
Other current liab 24.94M 62.44M 42.61M 65.37M 55.58M
Common stock 0.00M 0.00M 0.00M 0.00M 0.00M
Capital stock 0.00M 0.00M 0.00M 0.00M 0.00M
Retained earnings 118.27M 100.40M -12.94M -23.58M -6.48M
Other liab - - - 50.35M 53.13M
Good will 248.47M 280.68M 409.56M 353.64M 292.24M
Other assets - - - 61.26M 67.98M
Cash 66.67M 86.54M 3.11M 3.49M 3.64M
Total current liabilities 70.69M 164.73M 93.46M 111.26M 96.51M
Current deferred revenue 37.68M 38.36M 35.27M 31.98M 29.86M
Net debt -58.92M -48.23M 396.91M 302.09M 212.12M
Short term debt 1.83M 28.53M 4.51M 4.57M 3.20M
Short long term debt - 26.22M - - -
Short long term debt total 7.75M 38.31M 400.02M 305.58M 215.77M
Other stockholder equity 271.31M 279.33M 249.69M 241.96M 211.24M
Property plant equipment - - - 23.35M 20.38M
Total current assets 137.62M 153.39M 85.54M 83.81M 58.12M
Net tangible assets - - - -383.52M -300.56M
Net receivables 58.47M 56.18M 65.11M 53.33M 38.50M
Long term debt - - 385.08M 287.02M 200.60M
Inventory 2.52M 2.42M - 4.12M 2.22M
Accounts payable 6.25M 4.89M 11.06M 9.34M 7.87M
Noncontrolling interest in consolidated entity - - - 89.31M 84.83M
Common stock total equity - - - 0.00M 0.00M
Retained earnings total equity - - - -23.58M -6.48M
Non currrent assets other 7.14M 6.70M 18.11M 17.80M 17.98M
Non current assets total 500.79M 577.28M 795.95M 686.50M 593.68M
Capital lease obligations 4.79M 9.82M 14.94M 18.56M 15.16M
Long term debt total - - - 287.02M 200.60M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Investments 76.46M 396.15M -121.52M -113.05M 3.20M
Change to liabilities - - - 3.58M 18.70M
Total cashflows from investing activities 76.46M 396.15M - -113.05M -156.31M
Net borrowings -26.22M -360.35M - 80.62M 104.39M
Total cash from financing activities -104.41M -367.36M 75.65M 73.03M 102.10M
Change to operating activities - - - -12.56M -2.72M
Net income 17.87M 175.13M -1.84M -23.22M -7.84M
Change in cash -19.85M 77.20M -11.37M 5.83M -7.44M
Begin period cash flow 86.53M 12.40M 23.77M 17.93M 20.60M
End period cash flow 66.67M 89.60M -11.37M 23.77M 13.16M
Total cash from operating activities 5.69M 48.41M 34.50M 45.85M 46.77M
Issuance of capital stock - 0.00M - 17.69M 0.00M
Depreciation 29.84M 37.45M 28.14M 29.42M 24.42M
Other cashflows from investing activities 97.59M 0.52M - -110.95M -157.58M
Change to inventory - - - - 0.91M
Change to account receivables -7.41M 9.58M -7.66M -15.77M -10.94M
Sale purchase of stock -37.60M -0.71M - 18.39M 1.32M
Other cashflows from financing activities -40.63M -6.80M -121.52M 310.44M 300.52M
Change to netincome - - - 52.48M 25.64M
Capital expenditures 1.94M 14.96M 0.00M 12.45M 8.20M
Change receivables - - - -15.77M -10.94M
Cash flows other operating - - - -20.64M -8.66M
Cash and cash equivalents changes - - - 5.83M -7.44M
Change in working capital -53.46M 17.16M 5.93M -6.68M -0.99M
Stock based compensation 18.34M 26.34M 27.88M 26.23M 20.86M
Other non cash items -11.88M -208.10M -19.68M 17.50M 10.61M
Free cash flow 3.75M 33.45M 34.50M 33.40M 38.57M

Peer Comparison*

Sector: Technology Industry: Software - Infrastructure

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
IIIV
i3 Verticals Inc
-0.06
0.31%
19.01 54.70 19.16 1.75 1.00 1.83 8.33
MSFT
Microsoft Corporation
10.60
2.00%
541.21 37.32 29.94 13.03 12.45 13.06 24.59
ORCL
Oracle Corporation
2.37
2.04%
118.47 21.96 17.89 5.91 7.08 7.82 14.89
CRWD
Crowdstrike Holdings Inc
6.21
2.86%
223.11 4849.80 188.68 46.01 47.24 43.89 559.34
FTNT
Fortinet Inc
2.92
2.46%
121.77 60.27 43.86 16.80 80.50 16.11 43.33

Profile*

i3 Verticals Inc

i3 Verticals, Inc. provides enterprise software and services solutions to public sector entities in the United States and Canada. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, records management, evidence management, jail management, mobile solutions, and livescan; and software solutions for vehicle title and registration, driver's license and permit management, and motor carrier compliance for departments of transportation. It also provides digital customer engagement platform, comprising web, mobile, chat, and voice options; billing and back-office management software solutions and services; solutions for school lunch programs, including meal account management, point of sale, menu planning, nutritional analysis, food inventory and free, and reduced meal applications, as well as school event solutions, such as ticketing and concessions. In addition, the company offers government fund accounting software; digital land records solutions, including AI indexing of information; computer assisted mass appraisal solutions; licensing and permitting solutions that include automation every step of the application, renewal, and payment process; and tax and revenue collection management solutions. i3 Verticals, Inc. was founded in 2012 and is based in Nashville, Tennessee.

40 Burton Hills Boulevard, Nashville, TN, United States, 37215

615 465 4487

1202

Name Title Year Born
Mr. Gregory S. Daily Chairman & CEO 1960
Mr. Frederick Stanford Pres 1962
Mr. Clay M. Whitson CFO & Director 1957
Mr. Paul Christians Chief Operating Officer NA
Mr. Geoffrey C. Smith Principal Accounting Officer & VP of Fin. 1987
Mr. Pete Panagakis Chief Technology Officer NA
Mr. Paul Maple Gen. Counsel & Sec. 1974
Ms. Diana Day-Cartee Head of Enterprise Customer Experience NA
Ms. Amber Murphy Head of Enterprise HR NA
Christopher Laisure Pres of Public Sector NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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