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i3 Verticals, Inc. IIIV

Nasdaq · stock · Services-Prepackaged Software · website · IPO 2018-06-21 · LEI

i3 Verticals, Inc. statistics & valuation

Market cap$594.7M
P / E33.3×
P / S2.8×
P / B1.1×
P / FCF158.4×
Net margin8.4%
Return on equity3.5%
FCF margin1.8%
Net cash$66.7M
Net debt / EBITDA-2.1×
Enterprise value USD$528.0M
EV / EBITDA16.7×
Earnings yield EBIT/EV0.7%
Return on capital0.7%
Graham number -5.3%$15.66

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($15.66); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-1.00% 0.30% -2.10% -0.80% -0.30% -2.00% -9.10% -0.40% 59.30% 8.40% 2016201720182019202020212022202320242025
Gross margin (%)
22.80% 21.60% 25.70% 28.40% 82.20% 87.20% 2016201720182019202020212022202320242025
Operating margin (%)
2.00% 2.90% 3.80% 1.70% 5.20% 0.00% -12.30% -2.30% 2.30% 1.80% 2016201720182019202020212022202320242025
Return on equity (%)
-6.10% -2.10% -0.20% -1.50% -5.60% -0.20% 22.00% 3.50% 2016201720182019202020212022202320242025
Shares outstanding
26.9M 10.5M 27.4M 31.7M 22.2M 33.2M 33.9M 34.2M 2016201720182019202020212022202320242025
Net debt ($)
$109.9M $36.2M $138.2M $75.2M $197.0M $283.5M $384.9M -$60.3M -$66.7M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-2.10% 0.60% -3.90% -0.90% -0.10% -0.70% -2.20% -0.10% 15.50% 2.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
4.60% 2.90% 4.90% 6.90% 13.90% 19.00% 22.10% 17.40% 23.80% 1.80% 2016201720182019202020212022202320242025
Debt / equity (×)
0.33× 0.98× 0.38× 0.69× 0.93× 1.18× 0.05× 0.00× 2016201720182019202020212022202320242025
EPS ($)
$0.08 -$0.29 -$0.03 -$0.22 -$0.77 -$0.07 $4.73 $0.72 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin————87.2%82.2%28.4%25.7%21.6%22.8%
Operating margin1.8%2.3%-2.3%-12.3%-0.0%5.2%1.7%3.8%2.9%2.0%
Net margin8.4%59.3%-0.4%-9.1%-2.0%-0.3%-0.8%-2.1%0.3%-1.0%
FCF margin1.8%23.8%17.4%22.1%19.0%13.9%6.9%4.9%2.9%4.6%
Return on assets2.8%15.5%-0.1%-2.2%-0.7%-0.1%-0.9%-3.9%0.6%-2.1%
Return on equity3.5%22.0%-0.2%-5.6%-1.5%-0.2%-2.1%-6.1%——
Debt / equity0.00×0.05×1.18×0.93×0.69×0.38×0.98×0.33×——
Current ratio1.950.930.920.750.600.980.580.630.78—

Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.