i3 Verticals Inc. Reports Q2 2025 Revenue Up 8.8%, Net Income Reaches $1.1M, Adjusted EBITDA Increases 12.7%

Reuters
05-09
i3 Verticals Inc. Reports Q2 2025 Revenue Up 8.8%, Net Income Reaches $1.1M, Adjusted EBITDA Increases 12.7%

i3 Verticals, Inc. has released its financial results for the second quarter ending March 31, 2025. The company's revenue for the quarter reached $63.1 million, marking an 8.8% increase compared to the same period the previous year. For the first six months of the year, revenue totaled $124.8 million, representing a 10.4% rise over the prior year's first half. Net income from continuing operations for the second quarter was reported at $1.1 million, a significant improvement from the net loss of $2.3 million experienced in the same quarter of the previous year. Over the six-month period ending March 31, 2025, net income was $4.4 million, compared to a net loss of $6.5 million for the first six months of the previous year. Additionally, i3 Verticals, Inc. announced the successful completion of the acquisition of a utility billing software company and the divestiture of its Healthcare Revenue Cycle Management $(RCM)$ business. These strategic moves reflect the company's focus on transforming government services with enterprise software and targeting markets in the early stages of technological transformation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. i3 Verticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001728688-25-000085), on May 08, 2025, and is solely responsible for the information contained therein.

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