i3 Verticals, Inc. (IIIV) financial statements (2022 and earlier)

Company profile

Business Address 40 BURTON HILLS BLVD.
NASHVILLE, TN 37215
State of Incorp. DE
Fiscal Year End September 30
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,3713,64115,5681,119572
Cash and cash equivalents3,3713,64115,5681,119572
Receivables39,79438,50017,53815,33512,500
Inventory, net of allowances, customer advances and progress billings3,0712,2201,309 930
Inventory3,0712,2201,309 930
Prepaid expense1,3981,074   
Other current assets2,8893,274   
Other undisclosed current assets16,2909,4143,5604,1172,563
Total current assets:66,81358,12337,97520,57116,565
Noncurrent Assets
Operating lease, right-of-use asset20,36914,479  
Property, plant and equipment5,7055,9025,3395,0262,958
Intangible assets, net (including goodwill)557,336463,949296,238275,703149,977
Goodwill349,597292,243187,005168,28483,954
Intangible assets, net (excluding goodwill)207,739171,706109,233107,41966,023
Restricted cash and investments15,3069,5225,0332,081665
Deferred income tax assets50,64749,99236,755 
Other noncurrent assets9,4778,4625,1972,3291,605
Other undisclosed noncurrent assets50,78341,37116,98943,5923,372
Total noncurrent assets:709,623593,677365,551328,731158,577
TOTAL ASSETS:776,436651,800403,526349,302175,142
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities109,99363,44827,90924,99816,515
Accounts payable8,2647,8653,8453,4384,114
Accrued liabilities93,69550,81524,06421,56011,538
Settlement liabilities8,0344,768  863
Deferred revenue35,32129,86210,986 
Debt    5,000
Other undisclosed current liabilities4,4713,201 10,2374,927
Total current liabilities:149,78596,51138,89535,23526,442
Noncurrent Liabilities
Long-term debt and lease obligation273,717212,56590,758139,29831,776
Long-term debt, excluding current maturities257,130200,60590,758139,29831,776
Operating lease, liability16,58711,960  
Liabilities, other than long-term debt20,67714,0116,1409,1244,726
Other liabilities20,67714,0116,1409,1244,726
Other undisclosed noncurrent liabilities39,20439,12227,56523,204 
Total noncurrent liabilities:333,598265,698124,463171,62636,502
Total liabilities:483,383362,209163,358206,86162,944
Stockholders' equity
Stockholders' equity attributable to parent, including:207,599204,760155,57880,07339,301
Additional paid in capital216,604211,237157,59882,38038,562
Retained earnings (accumulated deficit)(9,008)(6,480)(2,023)(2,309)736
Other undisclosed stockholders' equity attributable to parent33323
Stockholders' equity attributable to noncontrolling interest85,45484,83184,59062,36872,897
Total stockholders' equity:293,053289,591240,168142,441112,198
TOTAL LIABILITIES AND EQUITY:776,436651,800403,526349,302175,142

Income statement (P&L) ($ in thousands)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Revenues254,750224,124150,134376,307323,508
Cost of revenue(96,909)(89,264)(64,038)(307,057)(270,562)
Cost of goods and services sold   (242,867)(214,543)
Other cost of operating revenue(60,550)(57,706)(47,230)(44,237)(40,314)
Other undisclosed gross profit68,02260,47637,25637,61630,234
Gross profit:225,863195,336123,352106,86683,180
Operating expenses(156,297)(134,872)(78,323)(62,860)(40,585)
Other undisclosed operating loss(68,022)(60,476)(37,256)(37,616)(30,234)
Operating income (loss):1,544(12)7,7736,39012,361
Nonoperating expense(5,174)(7,204)(11,547)(6,004)(16,985)
Other nonoperating income (expense)2,5952,595(2,621)  
Interest and debt expense(240) (2,297)(152)(1,072)
Income (loss) from continuing operations before equity method investments, income taxes:(3,870)(7,216)(6,071)234(5,696)
Other undisclosed income (loss) from continuing operations before income taxes(2,914) 2,2971521,072
Income (loss) from continuing operations before income taxes:(6,784)(7,216)(3,774)386(4,624)
Income tax expense (benefit)(614)(623)2,795177(337)
Net income (loss):(7,398)(7,839)(979)563(4,961)
Net income (loss) attributable to noncontrolling interest2,9863,382560(3,608)(1,937)
Net loss available to common stockholders, diluted:(4,412)(4,457)(419)(3,045)(6,898)

Comprehensive Income ($ in thousands)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Net income (loss):(7,398)(7,839)(979)563(4,961)
Comprehensive income (loss):(7,398)(7,839)(979)563(4,961)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2,9863,382560(3,608)(1,937)
Comprehensive loss, net of tax, attributable to parent:(4,412)(4,457)(419)(3,045)(6,898)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: