Company: IIIV
Filing Date: 2025-11-21
Form Type: 10-K
Source: 0001728688-25-000122
Chunk: 132

Company: i3 Verticals, Inc.
Filing Date: 2025-11-21
Form: 10-K
Item: Item 8
Chunk 132
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 6,407 — — 6,407 Exercise or release of equity-based awards159,906 — — — (1,092)— — (1,092)Allocation of equity to non-controlling interests— — — — (4,305)— 4,305 — Issuance of Class A common stock under the 2020 Inducement Plan82,170 — — — 2,000 — — 2,000 Balance at September 30, 202323,253,272 2 10,093,394 1 249,688 (12,944)91,549 328,296 Equity-based compensation— — — — 26,338 — — 26,338 Net income— — — — — 113,341 61,789 175,130 Distributions to non-controlling interest holders— — — — — — (25,608)(25,608)Redemption of common units in i3 Verticals, LLC60,718 — (60,718)— 576 — (576)— Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis— — — — 3,543 — — 3,543 Exercise or release of equity-based awards256,411 — — — (683)— — (683)Sale of exchangeable note hedges— — — — 1,483 — — 1,483 Repurchases of warrants— — — — (657)— — (657)Allocation of equity to non-controlling interests— — — — (8,470)— 8,470 — Issuance of Class A common stock under the 2020 Inducement Plan311,634 — — — 7,517 — — 7,517 Balance at September 30, 202423,882,035 $2 10,032,676 $1 $279,335 $100,397 $135,624 $515,359 

See Notes to the Consolidated Financial Statements

77

i3 Verticals, Inc.CONSOLIDATED