i3 Verticals, Inc. (IIIV) Tops Q1 EPS by 3c, Offers FY Guidance

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i3 Verticals Reports First Quarter 2022 Financial Results

February 8, 2022 5:10 PM EST

Raises 2022 Outlook

NASHVILLE, Tenn.--(BUSINESS WIRE)-- i3 Verticals, Inc. (Nasdaq: IIIV) (i3 Verticals or the Company) today reported its financial results for the fiscal first quarter ended December 31, 2021.

Highlights for the fiscal first quarter ended December 31, 2021 vs. 2020

Revenue was $73.9 million, an increase of 66% over the prior year's first quarter. Net loss was $3.7 million, compared to net loss of $3.0 million in the prior year's first quarter. Net loss attributable to i3 Verticals, Inc. was $2.5 million. Adjusted EBITDA1 was $18.3... More