i3 Verticals, Inc. (IIIV)

i3 Verticals Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	17.87	113.34	-0.81	-17.1	-4.46
Depreciation & Amortization	13.92	13.29	13.36	21.57	18.14
Other Amortization	14.95	13.44	11.48	13.65	11.73
Loss (Gain) From Sale of Assets	-25.96	-205.58	-	-	-
Asset Writedown & Restructuring Costs	-	-	2.66	-	-
Loss (Gain) From Sale of Investments	-	-	-0.3	-	-2.1
Stock-Based Compensation	18.34	26.34	27.88	26.23	20.86
Other Operating Activities	18.09	65.09	9.23	26.25	7.23
Change in Accounts Receivable	-7.41	9.58	-7.66	-15.77	-10.94
Change in Accounts Payable	1.01	-3.24	1.67	1.54	3.88
Change in Unearned Revenue	-1.77	2.03	-1.32	2.04	5.15
Change in Other Net Operating Assets	-45.28	2.22	-32.17	-14.65	-4.96
Operating Cash Flow	5.69	48.41	37.17	43.76	44.53
Operating Cash Flow Growth	-88.24%	30.24%	-15.06%	-1.74%	87.74%
Capital Expenditures	-1.94	-2.96	-4.2	-2.27	-1.94
Sale of Property, Plant & Equipment	1.5	0.62	-	-	-
Cash Acquisitions	-11	-19.1	-102	-100.72	-142.49
Sale (Purchase) of Intangibles	-8.21	-17.37	-14.36	-10.22	-7.98
Investment in Securities	-	-	0.3	0.6	3.2
Other Investing Activities	96.1	434.96	-1.25	-0.44	-0.1
Investing Cash Flow	76.46	396.15	-121.52	-113.05	-149.31
Long-Term Debt Issued	58.37	388.19	365.02	335.72	302.82
Long-Term Debt Repaid	-84.6	-747.3	-281.53	-255.1	-198.42
Net Debt Issued (Repaid)	-26.22	-359.11	83.49	80.62	104.4
Issuance of Common Stock	0.3	0.03	0.18	18.39	1.58
Repurchase of Common Stock	-41.9	-0.71	-0.49	-0.64	-0.73
Other Financing Activities	-36.59	-7.57	-10.19	-23.24	-3.14
Financing Cash Flow	-104.41	-367.36	72.99	75.12	102.1
Net Cash Flow	-22.26	77.2	-11.37	5.83	-2.67
Free Cash Flow	3.75	45.45	32.97	41.49	42.6
Free Cash Flow Growth	-91.74%	37.85%	-20.55%	-2.59%	104.70%
Free Cash Flow Margin	1.76%	23.76%	17.38%	22.10%	19.00%
Free Cash Flow Per Share	0.11	1.94	1.43	1.86	1.34
Cash Interest Paid	0.93	29.49	21.48	8.99	4.43
Cash Income Tax Paid	34.87	7.33	3.24	1.08	0.29
Levered Free Cash Flow	-34.07	79.33	3.04	24.34	62.66
Unlevered Free Cash Flow	-33.59	96.45	17.23	27.77	63.34
Change in Working Capital	-53.46	10.59	-39.47	-26.84	-6.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q