Company: IIIV
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001728688-25-000089
Chunk: 47

Company: i3 Verticals, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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328 — — — (2,179)— — (2,179)Repurchases of Class A common stock(13,370)— — — (423)— — (423)Allocation of equity to non-controlling interests— — — — 3,063 — (3,063)— Balance at March 31, 202524,386,990 $2 8,832,061 $1 $282,872 $102,299 $128,485 $513,659 

See Notes to the Interim Condensed Consolidated Financial Statements

6

i3 Verticals, Inc. CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) (CONTINUED)(In thousands, except share amounts)

Class A Common StockClass B Common StockAdditional Paid-In CapitalRetained Earnings (Deficit)Non-Controlling InterestTotal EquitySharesAmountSharesAmountBalance at September 30, 202323,253,272 $2 10,093,394 $1 $249,688 $(12,944)$91,549 $328,296 Equity-based compensation— — — — 6,508 — — 6,508 Net income— — — — — 1,098 438 1,536 Exercise of equity-based awards25,898 — — — (10)— — (10)Sale of exchangeable note hedges— — — — 1,483 — — 1,483 Repurchases of warrants— — — — (657)— — (657)Allocation of equity to non-controlling interests— — — — (2,450)— 2,450 — Balance at December 31, 202323,279,170 2 10,093,394 1 254,562 (11,846)94,437 337,156 Equity-based compensation— — — — 5,777 — — 5,777 Net income— — — — — 1,878 1,470 3,348 Redemption of common units in i3 Verticals, LLC40,718 — (40,718)—