The closing is expected to occur sometime in i3 Verticals' fiscal fourth quarter. The divested business includes two non-core assets from i3's Software and Services segment related to the Non-profit and Property Management vertical markets.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/23/2024 | $28.00 | Buy | The Benchmark Company |
| 12/5/2023 | $24.00 | Market Perform | BMO Capital Markets |
| 7/11/2023 | $30.00 | Buy | Berenberg |
| 5/23/2023 | $28.00 | Buy | BTIG Research |
| 1/9/2023 | $30.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 6/10/2022 | $30.00 | Overweight | Stephens |
| 2/10/2022 | $24.50 → $26.50 | Equal-Weight | Morgan Stanley |
| 1/26/2022 | $42.00 → $31.00 | Buy | BTIG Research |
8-K - i3 Verticals, Inc. (0001728688) (Filer)
8-K - i3 Verticals, Inc. (0001728688) (Filer)
10-Q - i3 Verticals, Inc. (0001728688) (Filer)
Company Reaffirms 2025 Outlook 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 million, an increase of 1.4% over the prior year. Fourth quarter net income from continuing operations was $7.0 million, compared to a net loss from continuing operations of $1.2 million in the prior
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 approximately 10 minutes prior to the start of the call. A telephonic replay will be available from 11:30 a.m. ET on November 19, 2024, through November 26, 2024, by dialing (877) 344-7529 and entering Confirmation Code 4184020. To listen to
i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ:IIIV) announced today that 12 new Georgia municipal police departments and courts adopted the i3 JusticeTech® Law Enforcement and Court Software suite, growing the presence of the Company's Public Sector vertical in the state. This software suite streamlines processes, enables courts to manage the collection of fees and fines, and provides the tools for officers, administrators and court personnel to complete tasks effectively. In addition to modernizing the police department and court systems, the digital tracking and record access features in i3's software solution improves service delivery. "We are thrilled to welcome these pu
4 - i3 Verticals, Inc. (0001728688) (Issuer)
4 - i3 Verticals, Inc. (0001728688) (Issuer)
4 - i3 Verticals, Inc. (0001728688) (Issuer)
Company Reaffirms 2025 Outlook 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 million, an increase of 1.4% over the prior year. Fourth quarter net income from continuing operations was $7.0 million, compared to a net loss from continuing operations of $1.2 million in the prior
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 approximately 10 minutes prior to the start of the call. A telephonic replay will be available from 11:30 a.m. ET on November 19, 2024, through November 26, 2024, by dialing (877) 344-7529 and entering Confirmation Code 4184020. To listen to
i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ:IIIV) announced today that 12 new Georgia municipal police departments and courts adopted the i3 JusticeTech® Law Enforcement and Court Software suite, growing the presence of the Company's Public Sector vertical in the state. This software suite streamlines processes, enables courts to manage the collection of fees and fines, and provides the tools for officers, administrators and court personnel to complete tasks effectively. In addition to modernizing the police department and court systems, the digital tracking and record access features in i3's software solution improves service delivery. "We are thrilled to welcome these pu
SC 13G - i3 Verticals, Inc. (0001728688) (Subject)
SC 13G/A - i3 Verticals, Inc. (0001728688) (Subject)
SC 13G/A - i3 Verticals, Inc. (0001728688) (Subject)
In the last three months, 4 analysts have published ratings on i3 Verticals (NASDAQ:IIIV), offering a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 1 1 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $26.75, a high estimate of $29.00, and a low estimate of $24.00. Marking an increase of 7.0%, the current av
Stephens & Co. analyst Charles Nabhan maintains i3 Verticals (NASDAQ:IIIV) with a Overweight and raises the price target from $27 to $29.
Announces Chief Financial Officer Transition and Appointment of Chief Strategy Officer i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ:IIIV), and Payroc WorldAccess, LLC ("Payroc"), a leading omni-channel payments provider, today announced the closing of the previously announced sale of i3 Verticals' merchant services business, including its associated proprietary technology, to Payroc. The purchase price paid at closing to the Company was approximately $438 million in cash (after giving effect to estimated purchase price adjustments), subject to post-closing purchase price adjustments. Greg Daily, Chairman and CEO of i3 Verticals stated, "This completed transaction marks a s
i3 Verticals, Inc. (NASDAQ:IIIV) ("i3 Verticals" or the "Company"), announced today that Pete Panagakis has been appointed Chief Technology Officer (CTO). In this role, he will serve as the Company's senior-most technology officer, and will help lead the Company's delivery of integrated software and payment solutions to its thousands of customers. He will be responsible for overseeing the Company's technology teams including enterprise-wide software engineering, architecture, infrastructure, cybersecurity, and technology operations. Mr. Panagakis has a deep background in strategic leadership as a technology executive. Most recently, he served as an executive officer with Imperial PFS, a fi
The Benchmark Company initiated coverage of i3 Verticals with a rating of Buy and set a new price target of $28.00
BMO Capital Markets initiated coverage of i3 Verticals with a rating of Market Perform and set a new price target of $24.00
Berenberg initiated coverage of i3 Verticals with a rating of Buy and set a new price target of $30.00