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IIIV logo IIIV
Upturn stock ratingUpturn stock rating
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i3 Verticals Inc (IIIV)

Upturn stock ratingUpturn stock rating
$26.44
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/27/2025: IIIV (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

7 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $31

1 Year Target Price $31

Analysts Price Target For last 52 week
$31Target price
Low$20.42
Current$26.44
high$29.8

Analysis of Past Performance

Type Stock
Historic Profit -28.41%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 912.80M USD
Price to earnings Ratio -
1Y Target Price 31
Price to earnings Ratio -
1Y Target Price 31
Volume (30-day avg) 7
Beta 1.22
52 Weeks Range 20.42 - 29.80
Updated Date 06/30/2025
52 Weeks Range 20.42 - 29.80
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.09

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 46.46%
Operating Margin (TTM) 6.89%

Management Effectiveness

Return on Assets (TTM) 1.18%
Return on Equity (TTM) -0.56%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 681673250
Price to Sales(TTM) 3.78
Enterprise Value 681673250
Price to Sales(TTM) 3.78
Enterprise Value to Revenue 2.82
Enterprise Value to EBITDA 14.69
Shares Outstanding 24384700
Shares Floating 21406880
Shares Outstanding 24384700
Shares Floating 21406880
Percent Insiders 2.15
Percent Institutions 107.91

Analyst Ratings

Rating 3
Target Price 31
Buy -
Strong Buy 5
Buy -
Strong Buy 5
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

i3 Verticals Inc

stock logo

Company Overview

overview logo History and Background

i3 Verticals, Inc. was founded in 2012. It provides integrated payment and software solutions to small- and medium-sized businesses and organizations in strategic vertical markets.

business area logo Core Business Areas

  • Education: Provides software and payment solutions for K-12 schools and higher education institutions, including online portals, payment processing, and student information systems.
  • Public Sector: Offers software and payment solutions for government entities, including municipalities, counties, and state agencies, focusing on areas such as tax collection, permitting, and utility billing.
  • Healthcare: Provides software and payment solutions for healthcare providers, including practice management systems, patient portals, and revenue cycle management tools.
  • Other Verticals: Includes a diverse set of verticals such as retail, non-profits, and other business services, offering tailored software and payment solutions for their unique needs.

leadership logo Leadership and Structure

The leadership team includes Greg Daily (Chairman and CEO). The organizational structure is based on vertical market focus, with dedicated teams for each key industry.

Top Products and Market Share

overview logo Key Offerings

  • Software Solutions for Education: Provides comprehensive software solutions tailored for education institutions, including student management, payment processing for tuition, fees and meals. Competitors include Blackbaud, PowerSchool, and FACTS Management. Market share information is fragmented, requiring deeper research.
  • Government Technology Solutions: Offers specialized software solutions for government entities, facilitating online payments, permitting, licensing, and other critical services. Competitors include Tyler Technologies, GovPayNet, and Granicus. Market share data is fragmented and requires specific regional analysis.
  • Integrated Payment Processing: Offers secure and efficient payment processing solutions integrated with its software platforms, facilitating online payments, point-of-sale transactions, and mobile payments. Competitors include Fiserv, Global Payments, and Block (formerly Square). Market share analysis depends on the specific vertical.

Market Dynamics

industry overview logo Industry Overview

The industry is characterized by increasing demand for integrated payment and software solutions across various vertical markets. Key trends include digital transformation, cloud adoption, and enhanced security measures.

Positioning

i3 Verticals Inc. positions itself as a vertical-specific software and payment solutions provider, focusing on niche markets and offering tailored solutions that address specific industry needs. Their advantage lies in their deep understanding of specific verticals.

Total Addressable Market (TAM)

The total addressable market (TAM) for vertically-focused payment and software solutions is estimated to be in the billions of dollars, expanding with the ongoing digitization of various sectors. i3 Verticals Inc. is well-positioned to capture a significant share due to its vertical-specific expertise and tailored solutions.

Upturn SWOT Analysis

Strengths

  • Vertical market expertise
  • Integrated software and payment solutions
  • Recurring revenue model
  • Strong customer relationships
  • Agile and adaptable solutions

Weaknesses

  • Smaller scale compared to larger competitors
  • Dependence on acquisitions for growth
  • Concentration in specific verticals which creates market volatility risks
  • Limited brand recognition outside of specific verticals

Opportunities

  • Expansion into new vertical markets
  • Increased adoption of cloud-based solutions
  • Strategic acquisitions of complementary businesses
  • Partnerships with other technology providers
  • Increasing demand for integrated solutions

Threats

  • Competition from larger, more established players
  • Economic downturn impacting customer spending
  • Changing regulatory landscape
  • Cybersecurity threats
  • Rapid technological advancements requiring constant adaptation

Competitors and Market Share

competitor logo Key Competitors

  • FISV
  • GPN
  • SQ
  • TYL

Competitive Landscape

i3 Verticals Inc. competes with larger, more established players, but differentiates itself through its vertical-specific expertise and integrated solutions. Its smaller size allows for agility but also poses challenges in competing for large-scale deals.

Major Acquisitions

Acknowledge

  • Year: 2021
  • Acquisition Price (USD millions): 30
  • Strategic Rationale: Enhanced its presence in the government sector.

Growth Trajectory and Initiatives

Historical Growth: i3 Verticals Inc.'s historical growth has been driven by a combination of organic growth and strategic acquisitions.

Future Projections: Analyst estimates suggest continued growth, driven by expanding market opportunities and ongoing digital transformation.

Recent Initiatives: Recent initiatives include strategic acquisitions to expand into new verticals and enhance product offerings. Also, investment in SaaS offerings.

Summary

i3 Verticals Inc. is a niche player with a focus on vertical-specific markets, primarily growing through acquisitions and organic sales efforts. The company's integrated payment and software solutions offer a competitive advantage, but it faces challenges from larger, more established competitors. Its growth is tied to its ability to successfully integrate acquisitions and expand its presence in key vertical markets. They need to watch out for larger players, cybersecurity threats and economic downturns.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings (10-K, 10-Q)
  • Analyst Reports
  • Press Releases
  • Market Research Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Conduct thorough due diligence before making any investment decisions. The AI Rating is based on an aggregation of data, and should not be treated as definitive financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About i3 Verticals Inc

Exchange NASDAQ
Headquaters Nashville, TN, United States
IPO Launch date 2018-06-21
Chairman & CEO Mr. Gregory S. Daily
Sector Technology
Industry Software - Infrastructure
Full time employees 1480
Full time employees 1480

i3 Verticals, Inc. builds, acquires, and grows software solutions in the public sector and healthcare vertical markets in the United States and Canada. It operates through Public Sector, Healthcare, and Other segments. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, law records management, evidence management, jail management, mobile solutions, and livescan; and solutions for driver license, vehicle title, and registration and motor carrier compliance for transportation. It also provides digital customer engagement platform, including web, mobile, chat, and voice options for customers to manage their data and accounts; billing and back-office management software solutions and services; solutions for school lunch programs, including meal account management, point of sale, menu planning, nutritional analysis, food inventory, and free and reduced meal applications; and school event solutions, including ticketing and concessions. In addition, the company offers enterprise resource planning products including solutions that connect the organization and its data to create a flow of information for insights across various departments; digital land records solutions; licensing and permitting solutions to automate application, renewal, and payment process; and digital solutions for appraisal information, tax collection management, revenue collection, and computer assisted mass appraisal. Further, it provides EHR, practice management tools, patient engagement, and patient payment solutions; and payer software solutions for managing compliance requirements, including appeals and grievances, as well as network management platform to assists payers in contracting, credentialing, and outreach. i3 Verticals, Inc. was founded in 2012 and is based in Nashville, Tennessee.