I3 Verticals, Inc. · NASDAQ:IIIV
I3 Verticals — Q4 2024 Earnings Presentation
17 slides from I3 Verticals's earnings presentation, Nov 19, 2024
Slide 1: Q4 Fiscal Year 2024 Supplemental Information
Q4 FISCAL YEAR 2024 Supplemental Information 1
Slide 2: Revenue Composition - Continuing Operations
(1) Revenue Composition - Continuing Operations ($ in thousands) Quarter Ended September 30, December 31, September 30, December 31, 2024 June 30, 2024 March 31, 2024 2023 2023 June 30, 2023 March 31, 2023 2022 Software and related service revenue SaaS(2) $ 9,677 $ 8,834 $ 8,809 $ 8,742 $ 8,977 $ 8,
Slide 3: Revenue Composition - Continuing Operations (footnotes)
Revenue Composition - Continuing Operations 1.) As a result of the sale of our merchant services business (the “Merchant Services Business”) pursuant to the terms of the securities purchase agreement dated as of June 26, 2024 (the “Purchase Agreement”), entered into by us with Payroc, the historical
Slide 4: Q4 Fiscal 2024 GAAP Measures
Q4 Fiscal 2024 GAAP Measures The following is our Income (loss) from continuing operations for the three and twelve months ended September 30, 2024 and 2023 calculated in accordance with GAAP. The presentation also includes references to non-GAAP financial measures presented by the Company. The Comp
Slide 5: Q4 Fiscal 2024 and 2023 Segment Performance
Q4 Fiscal 2024 and 2023 Segment Performance(1) ($ in thousands) Three Months Ended September 30, Period over period growth 2024 2023 Revenue from continuing operations Public Sector $ 49,603 $ 46,895 6% Healthcare 11,400 11,714 (3)% Other (139) (25) nm Total revenue from continuing operations $ 60,8
Slide 6: YTD Fiscal 2024 and 2023 Segment Performance
YTD Fiscal 2024 and 2023 Segment Performance(1) ($ in thousands) Years ended September 30, Period over period 2024 2023 growth Revenue from continuing operations Public Sector $ 184,841 $ 182,214 1% Healthcare 45,566 44,583 2% Other (484) (75) n/m Total revenue from continuing operations $ 229,923 $
Slide 7: 2024 and 2023 Segment Performance
(1) 2024 and 2023 Segment Performance ($ in thousands) Three Months Ended Three Months Ended Three Months Ended June Three Months Ended December 31, 2023 March 31, 2024 30, 2024 September 30, 2024 Revenue from continuing operations Public Sector $ 43,498 $ 47,097 $ 44,643 $ 49,603 Healthcare 11,580
Slide 8: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The reconciliation of our income (loss) from continuing operations attributable to i3 Verticals Inc. to non-GAAP adjusted income (loss) before taxes from continuing operations, non-GAAP pro forma adjusted net income from continuing operations and non-GAA
Slide 9: Reconciliation of Non-GAAP Financial Measures (footnotes)
Reconciliation of Non-GAAP Financial Measures 1.) As a result of the error described in our Form 8-K/A , the amount of total net income (loss) from continuing operations attributable to i3 Verticals, Inc. and attributable to non-controlling interests (both for our Other segment and on a consolidated
Slide 10: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The reconciliation of our income (loss) from continuing operations attributable to i3 Verticals, Inc. to non-GAAP adjusted income (loss) before taxes from continuing operations, non-GAAP pro forma adjusted net income from continuing operations and non-GA
Slide 11: Reconciliation of Non-GAAP Financial Measures (footnotes)
Reconciliation of Non-GAAP Financial Measures 1.) As a result of the error described in our Form 8-K/A , the amount of total net income (loss) from continuing operations attributable to i3 Verticals, Inc. and attributable to non-controlling interests (both for our Other segment and on a consolidated
Slide 12: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The reconciliation of our income (loss) from continuing operations attributable to i3 Verticals Inc. to non-GAAP adjusted income (loss) before taxes from continuing operations, non-GAAP pro forma adjusted net income from continuing operations and non-GAA
Slide 13: Reconciliation of Non-GAAP Financial Measures (footnotes)
Reconciliation of Non-GAAP Financial Measures 1.) As a result of the error described in our Form 8-K/A , the amount of total net income (loss) from continuing operations attributable to i3 Verticals, Inc. and attributable to non-controlling interests (both for our Other segment and on a consolidated
Slide 14: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The reconciliation of our income (loss) from continuing operations attributable to i3 Verticals Inc. to non-GAAP adjusted income (loss) before taxes from continuing operations, non-GAAP pro forma adjusted net income from continuing operations and non-GAA
Slide 15: Reconciliation of Non-GAAP Financial Measures (footnotes)
Reconciliation of Non-GAAP Financial Measures 1.) As a result of the error described in our Form 8-K/A , the amount of total net income (loss) from continuing operations attributable to i3 Verticals, Inc. and attributable to non-controlling interests (both for our Other segment and on a consolidated
Slide 16: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The reconciliation of our income (loss) from continuing operations attributable to i3 Verticals Inc. to non-GAAP adjusted income (loss) before taxes from continuing operations, non-GAAP pro forma adjusted net income from continuing operations and non-GAA
Slide 17: Reconciliation of Non-GAAP Financial Measures (footnotes)
Reconciliation of Non-GAAP Financial Measures 1.) As a result of the error described in our Form 8-K/A , the amount of total net income (loss) from continuing operations attributable to i3 Verticals, Inc. and attributable to non-controlling interests (both for our Other segment and on a consolidated