Company: IIIV
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001728688-25-000089
Chunk: 116

Company: i3 Verticals, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 116
---
 Months Ended March 31, 2024 

The following table presents our historical results of operations for the periods indicated:Six Months Ended March 31,Change(in thousands)20252024Amount%Revenue$124,750 $113,022 $11,728 10.4 %Operating expensesOther costs of services (excluding depreciation and amortization)(1)43,218 40,724 2,494 6.1 %Selling, general and administrative(1)57,587 54,607 2,980 5.5 %Depreciation and amortization15,524 14,247 1,277 9.0 %Change in fair value of contingent consideration1,758 (527)2,285 n/mTotal operating expenses118,087 109,051 9,036 8.3 %Income from operations6,663 3,971 2,692 67.8 %Other (income) expensesInterest expense1,126 14,401 (13,275)(92.2)%Other income(2,457)(2,150)(307)14.3 %Total other (income) expenses(1,331)12,251 (13,582)n/mIncome (loss) before income taxes7,994 (8,280)16,274 n/m(Benefit from) provision for income taxes3,577 (1,763)5,340 n/mNet income (loss) from continuing operations4,417 (6,517)10,934 n/mNet (loss) income from discontinued operations, net of income taxes(540)11,401 (11,941)n/mNet income3,877 4,884 (1,007)(20.6)%Net income (loss) from continuing operations attributable to non-controlling interest2,150 (1,923)4,073 n/mNet (loss) income from discontinued operations attributable to non-controlling interest(175)3,831 (4,006)n/mNet income attributable to non-controlling interest1,975 1,908 67 3.5 %Net income (loss) from continuing operations attributable to i3 Verticals, Inc.2,267 (4,594)6,861 n/mNet (loss) income from discontinued operations attributable to i3 Verticals, Inc.(365)7,570 (