Company: IIIV
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001728688-25-000108
Chunk: 223

Company: i3 Verticals, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 223
---
970 26.8 %Depreciation and amortization6,989 6,157 832 13.5 %Change in fair value of contingent consideration(26)1 (27)n/mTotal operating expenses56,714 47,493 9,221 19.4 %Loss from operations(4,813)(1,310)(3,503)267.4 %Other (income) expensesInterest expense806 7,906 (7,100)(89.8)%Other income(4,601)— (4,601)n/mTotal other (income) expenses(3,795)7,906 (11,701)n/mLoss before income taxes(1,018)(9,216)8,198 (89.0)%(Benefit from) provision for income taxes(22)5,191 (5,213)n/mNet loss from continuing operations(996)(14,407)13,411 (93.1)%Net income from discontinued operations, net of income taxes19,421 6,109 13,312 n/mNet income (loss)18,425 (8,298)26,723 n/mNet loss from continuing operations attributable to non-controlling interest(586)(2,608)2,022 (77.5)%Net income from discontinued operations attributable to non-controlling interest6,129 1,855 4,274 n/mNet income (loss) attributable to non-controlling interest5,543 (753)6,296 n/mNet loss from continuing operations attributable to i3 Verticals, Inc.(410)(11,799)11,389 (96.5)%Net income from discontinued operations attributable to i3 Verticals, Inc.13,292 4,254 9,038 n/mNet income (loss) attributable to i3 Verticals, Inc.$12,882 $(7,545)$20,427 n/m

n/m = not meaningful

_________________________________________

1.Refer to Note 3 for discussion of the change in the current and prior period presentation. 

62

Revenue

Revenue increased $5.7 million, or 12.4%, to $51.9 million for the three months ended June 30, 2025 from $46.2 million for the three months ended June 30, 2024. This increase included incremental revenue from current and prior year acquisitions of $