Company: IIIV
Filing Date: 2025-11-21
Form Type: 10-K
Source: 0001728688-25-000122
Chunk: 99

Company: i3 Verticals, Inc.
Filing Date: 2025-11-21
Form: 10-K
Item: Item 7
Chunk 99
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 following table presents our historical results of operations for the periods indicated:Year ended September 30,Change(in thousands)20252024Amount%Revenue$213,158 $191,232 $21,926 11.5 %Operating expensesOther costs of services (excluding depreciation and amortization)(1)66,587 60,517 6,070 10.0 %Selling, general and administrative(1)114,660 100,785 13,875 13.8 %Depreciation and amortization27,900 25,553 2,347 9.2 %Change in fair value of contingent consideration234 22 212 n/mTotal operating expenses209,381 186,877 22,504 12.0 %Income from operations3,777 4,355 (578)n/mOther expenses (income)Interest expense2,299 29,263 (26,964)(92.1)%Other income(9,406)(3,395)(6,011)n/mTotal other (income) expenses(7,107)25,868 (32,975)n/mIncome (loss) before income taxes10,884 (21,513)32,397 n/mProvision for (benefit from) income taxes5,266 (5,468)10,734 n/mNet income (loss) from continuing operations5,618 (16,045)21,663 Net income from discontinued operations, net of income taxes20,885 191,175 (170,290)Net income26,503 175,130 (148,627)n/mNet income (loss) from continuing operations attributable to non-controlling interest1,991 (5,191)7,182 Net income from discontinued operations attributable to non-controlling interest6,639 66,980 (60,341)Net income attributable to non-controlling interest8,630 61,789 (53,159)n/mNet income (loss) from continuing operations attributable to i3 Verticals, Inc.3,627 (10,854)14,481 Net income from discontinued operations attributable to i3 Verticals, Inc.14,246 124,195 (109,949)Net income attributable to i3 Verticals, Inc.$17,873 $113,341 $(95,468)n/mn/m = not meaningful

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