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IIIV 
i3 Verticals Inc (IIIV)
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Upturn Advisory Summary
11/05/2025: IIIV (1-star) is a SELL. SELL since 2 days. Simulated Profits (9.28%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
7 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $37
1 Year Target Price $37
| 5 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -21.77% | Avg. Invested days 35 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/05/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 953.11M USD | Price to earnings Ratio 61.54 | 1Y Target Price 37 |
Price to earnings Ratio 61.54 | 1Y Target Price 37 | ||
Volume (30-day avg) 7 | Beta 1.04 | 52 Weeks Range 22.20 - 33.97 | Updated Date 11/6/2025 |
52 Weeks Range 22.20 - 33.97 | Updated Date 11/6/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.48 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 53.45% | Operating Margin (TTM) -9.19% |
Management Effectiveness
Return on Assets (TTM) 0.92% | Return on Equity (TTM) 3.07% |
Valuation
Trailing PE 61.54 | Forward PE - | Enterprise Value 726565558 | Price to Sales(TTM) 3.84 |
Enterprise Value 726565558 | Price to Sales(TTM) 3.84 | ||
Enterprise Value to Revenue 2.93 | Enterprise Value to EBITDA 15.35 | Shares Outstanding 23877023 | Shares Floating 20932270 |
Shares Outstanding 23877023 | Shares Floating 20932270 | ||
Percent Insiders 2.18 | Percent Institutions 128.94 |
Upturn AI SWOT
i3 Verticals Inc
Company Overview
History and Background
i3 Verticals Inc. was founded in 2012 and went public in 2018. The company was formed to acquire and grow businesses that provide integrated payment and software solutions to vertical markets.
Core Business Areas
- Education: Provides software and payment solutions to K-12 schools and higher education institutions for functions such as online payments, student information systems, and point-of-sale transactions.
- Public Sector: Offers integrated software and payment processing solutions for municipalities, utility companies, and other government entities.
- Healthcare: Delivers payment processing and software solutions tailored to the healthcare industry, including solutions for patient billing and payment management.
- Other: Encompasses various other verticals, including retail, hospitality, and other industries where integrated payment and software solutions are needed.
Leadership and Structure
Greg Daily is the CEO of i3 Verticals. The company has a typical corporate structure with departments such as sales, marketing, technology, and finance. It operates with a decentralized business model, allowing individual vertical business units to operate with a degree of autonomy.
Top Products and Market Share
Key Offerings
- i3 Education Solutions: A suite of software solutions for K-12 schools and higher education institutions focusing on online payments, student information management, and point-of-sale transactions. Market share is difficult to precisely determine due to the fragmented nature of the education software market, but i3 Verticals is a significant player. Competitors include Blackbaud, PowerSchool, and FACTS Management.
- i3 Payments: Payment processing services integrated within software platforms across all verticals. Competitors include FIS, Global Payments, and Adyen.
- i3 Public Sector Solutions: Provides integrated software and payment processing for municipalities and government entities. Again, market share data is not readily available for specific software categories but i3 competes with companies such as Tyler Technologies and CentralSquare Technologies.
Market Dynamics
Industry Overview
The integrated payments and software industry is experiencing significant growth, driven by the increasing demand for seamless payment experiences and the need for businesses to streamline operations. Cloud-based solutions and mobile payment technologies are key trends.
Positioning
i3 Verticals is positioned as a provider of vertical-specific software solutions with integrated payments. Its competitive advantage lies in its focus on niche markets and its ability to tailor its offerings to the unique needs of each vertical. The company grows both organically and through acquisitions.
Total Addressable Market (TAM)
The total addressable market for integrated payments and vertical-specific software solutions is estimated to be in the tens of billions of dollars. I3 Verticals' positioning in niche verticals allows it to capture a significant share of the market within those segments, but the overall TAM is very large and highly competitive.
Upturn SWOT Analysis
Strengths
- Vertical market expertise
- Integrated payment solutions
- Recurring revenue model
- Acquisition strategy
- Strong customer relationships
Weaknesses
- Smaller scale compared to major players
- Dependence on acquisitions for growth
- Integration risks with acquired companies
- Potential for customer concentration in specific verticals
Opportunities
- Expanding into new verticals
- Cross-selling products and services to existing customers
- Increasing adoption of cloud-based solutions
- Growth in mobile payments
- Strategic partnerships
Threats
- Intense competition
- Changing regulations in the payments industry
- Economic downturn
- Cybersecurity risks
- Technological disruption
Competitors and Market Share
Key Competitors
- FIS
- GPN
- ADYEN
- TYL
Competitive Landscape
I3 Verticals operates in a highly competitive market. Its advantages include its vertical market expertise and integrated solutions. Its disadvantages include its smaller scale compared to larger competitors.
Major Acquisitions
PACE Payment Systems
- Year: 2023
- Acquisition Price (USD millions): 63.7
- Strategic Rationale: Strengthens i3 Verticals' position in the public sector and expands its geographic reach.
Growth Trajectory and Initiatives
Historical Growth: I3 Verticals has grown significantly through acquisitions and organic growth within its vertical markets.
Future Projections: Analyst estimates vary, but the general consensus is that i3 Verticals will continue to grow through a combination of acquisitions and organic growth. Specific growth rates depend on market conditions and the company's ability to execute its strategy.
Recent Initiatives: Recent initiatives include strategic acquisitions to expand into new verticals or strengthen existing market positions.
Summary
I3 Verticals is a growing company that provides integrated payment and software solutions to vertical markets. Its strategy of focusing on niche markets and acquiring complementary businesses has been successful. However, it faces competition from larger players and relies heavily on acquisitions. While current performance appears weak, future acquisitions and strategies may improve shareholder value. Overall, i3 Vertical's health is average.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share data is approximate and may vary by source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.i3verticals.com |
Full time employees 1480 | Website https://www.i3verticals.com | ||
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.
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