i3 Verticals Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Revenue	222.53	213.16	191.23	189.68	187.75	224.12
Revenue Growth (YoY)	7.14%	11.47%	0.82%	1.03%	-16.23%	49.28%
Gross Profit	222.53	213.16	191.23	189.68	187.75	224.12
Selling, General & Admin	117.58	114.66	100.79	105.98	156.67	134.87
Depreciation & Amortization Expenses	28.75	27.9	25.55	23.32	19.33	24.42
Other Operating Expenses	73.98	66.82	60.54	64.79	34.9	64.85
Total Operating Expenses	220.3	209.38	186.88	194.09	210.89	224.14
Operating Income	2.24	3.78	4.36	-4.41	-23.14	-0.01
Interest Expense	-2	-2.3	-29.26	-25.13	-14.78	-9.8
Other Non-Operating Income (Expense)	-8.18	-9.41	-3.4	-1.22	0.99	-2.6
Total Non-Operating Income (Expense)	-10.18	-11.71	-32.66	-26.35	-13.78	-12.39
Pretax Income	-7.94	-7.93	-28.3	-30.76	-36.93	-12.41
Provision for Income Taxes	5.73	5.27	-5.47	-3.51	0.15	0.62
Net Income	16.3	17.87	113.34	-0.81	-17.1	-4.46
Minority Interest in Earnings	16.08	17.26	123.58	-3.68	-12.23	-3.38
Earnings From Discontinued Operations	21.66	20.89	191.18	22.16	15.84	-
Net Income to Common	16.3	17.87	113.34	-0.81	-17.1	-4.46
Net Income Growth	-85.74%	-84.23%	-	-	-	-
Shares Outstanding (Basic)	31	24	23	23	14	21
Shares Outstanding (Diluted)	32	34	34	33	14	20
Shares Change (YoY)	-6.60%	0.91%	1.90%	137.17%	-30.81%	45.05%
EPS (Basic)	0.07	0.15	-0.46	-0.72	-1.22	-0.21
EPS (Diluted)	0.07	0.14	-0.46	-0.72	-1.22	-0.22
Shares Outstanding	22.61	23.98	23.88	23.25	22.99	22.03
Free Cash Flow	6.54	3.75	45.45	32.97	41.49	42.6
Free Cash Flow Growth	74.18%	-91.74%	37.85%	-20.55%	-2.59%	104.70%
Free Cash Flow Per Share	0.21	0.11	1.34	0.99	2.96	2.10
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	1.00%	1.77%	2.28%	-2.33%	-12.33%	-0.01%
Profit Margin	12.15%	15.07%	83.19%	-14.48%	-33.17%	-3.50%
FCF Margin	2.94%	1.76%	23.76%	17.38%	22.10%	19.01%
EBITDA	31.26	33.62	41.8	32.05	6.28	24.41
EBITDA Margin	14.05%	15.77%	21.86%	16.90%	3.35%	10.89%
EBIT	2.24	3.78	4.36	-4.41	-23.14	-0.01
EBIT Margin	1.00%	1.77%	2.28%	-2.33%	-12.33%	-0.01%
Effective Tax Rate	-72.14%	-66.42%	19.32%	11.40%	-0.41%	-5.02%

Updated Feb 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q