i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments. The company offers payment processing services that enables clients to accept electronic payments, facilitating the exchange of funds and transaction data between clients, financial institutions, and payment networks. The company also licenses software; and provides ongoing support, and other point of sale-related solutions. It offers its solutions to clients through direct sales force; distribution partners, including independent software vendors, value-added resellers, and independent sales organizations; and referral partners, such as financial institutions, trade associations, chambers of commerce, and card issuers. The company was founded in 2012 and is headquartered in Nashville, Tennessee.
Revenue of i3 Verticals, Inc. (IIIV)
Revenue in 2023 (TTM): $370.24 M
According to i3 Verticals, Inc.'s latest financial reports the company's current revenue (TTM) is $370.24 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of i3 Verticals, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $370.24 M | $289.69 M | $68.52 M | $-3,855,000 | $-811,000 |
| 2022 | $317.86 M | $244.5 M | $49.71 M | $-18,210,000 | $-23,217,000 |
| 2021 | $224.12 M | $166.42 M | $34.14 M | $-7,216,000 | $-7,839,000 |
| 2020 | $150.13 M | $102.9 M | $21.96 M | $-3,774,000 | $-979,000 |
| 2019 | $376.31 M | $89.2 M | $22.95 M | $386 K | $563 K |
| 2018 | $323.51 M | $68.65 M | $28.07 M | $-4,624,000 | $-6,898,000 |
| 2017 | $262.57 M | $44.66 M | $17.47 M | $1.08 M | $902 K |
| 2016 | $199.64 M | $36.71 M | $16.38 M | $-1,850,000 | $-2,093,000 |