i3 Verticals Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	66.67	86.53	3.11	3.49	3.64
Cash & Short-Term Investments	66.67	86.53	3.11	3.49	3.64
Cash Growth	-22.95%	2686.63%	-11.03%	-4.15%	-76.61%
Accounts Receivable	58.47	50.78	50.79	53.33	38.5
Receivables	58.66	50.97	50.79	58.26	38.5
Inventory	2.52	2.42	2.04	4.12	2.22
Prepaid Expenses	6.1	5.14	3.79	6.48	5.72
Other Current Assets	3.68	8.33	25.82	11.46	8.04
Total Current Assets	137.63	153.39	85.54	83.81	58.12
Property, Plant & Equipment	11.76	14.62	21.87	23.35	20.38
Goodwill	248.47	242.99	267.98	353.64	292.24
Other Intangible Assets	184.11	194.73	221.21	248.26	213.08
Long-Term Deferred Tax Assets	49.06	48.45	52.51	43.46	49.99
Long-Term Deferred Charges	1.41	0.86	0.63	4.18	-
Other Long-Term Assets	5.98	75.64	234.47	13.42	13.29
Total Assets	638.41	730.68	884.42	770.31	651.8
Accounts Payable	6.25	4.89	6.37	9.34	7.87
Accrued Expenses	18.5	44.57	19.26	11.59	9.04
Current Portion of Long-Term Debt	-	26.22	-	-	-
Current Portion of Leases	1.83	2.31	3.66	4.57	3.2
Current Income Taxes Payable	2.76	30.53	3.15	-	-
Current Unearned Revenue	37.68	38.36	32.79	31.98	29.86
Other Current Liabilities	3.67	17.86	28.24	53.79	46.55
Total Current Liabilities	70.69	164.73	93.46	111.26	96.51
Long-Term Debt	-	-	388.01	287.02	200.61
Long-Term Leases	2.96	4.89	8.97	13.99	11.96
Long-Term Deferred Tax Liabilities	8.99	11.4	18.61	7.9	3.28
Other Long-Term Liabilities	38.04	34.29	47.08	42.46	49.85
Total Liabilities	120.69	215.32	556.12	462.62	362.21
Common Stock	0	0	0	0	0
Additional Paid-In Capital	271.31	279.34	249.69	241.96	211.24
Retained Earnings	118.27	100.4	-12.94	-23.58	-6.48
Total Common Equity	389.58	379.74	236.75	218.38	204.76
Minority Interest	128.14	135.62	91.55	89.31	84.83
Shareholders' Equity	517.72	515.36	328.3	307.69	289.59
Total Liabilities & Equity	638.41	730.68	884.42	770.31	651.8
Total Debt	4.79	33.42	400.63	305.58	215.77
Net Cash (Debt)	61.88	53.11	-397.53	-302.09	-212.13
Net Cash Growth	16.52%	-	-	-	-
Net Cash Per Share	1.81	2.27	-17.18	-13.58	-6.69
Filing Date Shares Outstanding	23.97	23.51	23.25	23	22.04
Total Common Shares Outstanding	23.98	23.88	23.25	22.99	22.03
Working Capital	66.94	-11.34	-7.92	-27.45	-38.39
Book Value Per Share	16.24	15.90	10.18	9.50	9.30
Tangible Book Value	-43	-57.98	-252.44	-383.52	-300.56
Tangible Book Value Per Share	-1.79	-2.43	-10.86	-16.68	-13.65
Buildings	2.74	3.72	4.71	-	-
Machinery	7.87	8.3	7.68	6.97	6.76
Leasehold Improvements	1.29	2.26	2.32	2.95	2.79

Source: S&P Global Market Intelligence. Standard template. Financial Sources.