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I3 Verticals (IIIV)
NASDAQ:IIIV
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.25Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -4.61%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in the public sector, successful divestitures, and a strong balance sheet. However, there were concerns about trade friction impacting revenue and seasonal declines affecting Q3. The company is well-positioned for future growth with a focus on public sector and strategic acquisitions.Company Guidance
In the i3 Verticals Second Quarter 2025 Earnings Conference Call, the company provided updated guidance following the sale of its Healthcare Revenue Cycle Management (RCM) business. For fiscal year 2025, the company projects revenues of $207 million to $217 million and adjusted EBITDA of $56 million to $61 million, with annual recurring revenues increasing 9.2% to $164.5 million. The company anticipates high single-digit organic revenue growth for its remaining operations, dubbed "RemainCo," and expects adjusted EBITDA margin improvement of 50 to 100 basis points per year. The guidance reflects a strategic focus on public sector vertical markets, particularly in utilities, with a recent acquisition expected to contribute high-margin revenue. Despite some conservative adjustments due to trade friction with Canada, the company remains optimistic about its growth trajectory and financial positioning, underscored by a strong balance sheet with $64 million in cash and significant borrowing capacity.Public Sector Revenue Growth
Second quarter revenue growth for the public sector business was 12%, and SaaS revenue grew by 23%, indicating strong performance and focus in this area.
Strong Adjusted EBITDA Growth
Adjusted EBITDA for RemainCo increased 17% to $15.8 million, with margins improving to 29.3% from 27.9%, reflecting higher software sales with high margins.
High Cash Position and Strong Balance Sheet
Following the sale of the RCM Healthcare Business, the company has a cash position of approximately $64 million and $400 million of borrowing capacity under its revolving credit facility.
Successful Divestiture and Focus on Public Sector
The company successfully sold its Healthcare RCM Business for $96 million, allowing it to streamline focus on the public sector vertical market.
Acquisition of Utility Billing Software Company
The acquisition expands business in various states, enhancing offerings in the utilities market with high-margin business at a cost of $9 million.
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IIIV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IIIV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 08, 2025 | $26.90 | $25.66 | -4.61% |
| Feb 06, 2025 | $25.68 | $28.22 | +9.89% |
| Nov 19, 2024 | $24.40 | $23.19 | -4.96% |
| Aug 08, 2024 | $24.23 | $22.42 | -7.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does I3 Verticals (IIIV) report earnings?
I3 Verticals (IIIV) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is I3 Verticals (IIIV) earnings time?
I3 Verticals (IIIV) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IIIV EPS forecast?
IIIV EPS forecast for the fiscal quarter 2025 (Q3) is 0.25.
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