i3 Verticals, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $66.7M | $86.5M | $3.1M | $3.5M | $3.6M | $15.6M | $1.1M | $572.0K |
| Accounts Receivable | $58.5M | $50.8M | $50.8M | $53.3M | $38.5M | $17.5M | $15.3M | $12.5M |
| Inventory | $2.5M | $2.4M | $2.0M | $4.1M | $2.2M | $1.3M | $1.3M | $1.3M |
| Total Current Assets | $137.6M | $153.4M | $85.5M | $83.8M | $58.1M | $38.0M | $20.6M | $16.6M |
| Property, Plant & Equipment | $7.2M | $8.3M | $10.1M | $5.7M | $5.9M | $5.3M | $5.0M | $3.0M |
| Goodwill | $248.5M | $243.0M | $230.3M | $214.9M | $292.2M | $187.0M | $168.3M | $84.0M |
| Intangible Assets (Excl. Goodwill) | $135.8M | $140.7M | $163.1M | $195.9M | $171.7M | $109.2M | $107.4M | $66.0M |
| Total Assets | $638.4M | $730.7M | $884.4M | $770.3M | $651.8M | $403.5M | $349.3M | $175.1M |
| Liabilities | ||||||||
| Accounts Payable | $6.2M | $4.9M | $6.4M | $9.3M | $7.9M | $3.8M | $3.4M | $4.1M |
| Total Current Liabilities | $70.7M | $164.7M | $93.5M | $111.3M | $96.5M | $38.9M | $35.2M | $26.4M |
| Long-Term Debt | $0 | $0 | $388.0M | $287.0M | $200.6M | $90.8M | $139.3M | $31.8M |
| Total Liabilities | $120.7M | $215.3M | $556.1M | $462.6M | $362.2M | $163.4M | $206.9M | $62.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $118.3M | $100.4M | $-12.9M | $-23.6M | $-6.5M | $-2.0M | $-2.3M | $736.0K |
| Total Stockholders' Equity | $389.6M | $379.7M | $236.7M | $218.4M | $204.8M | $155.6M | $80.1M | $39.3M |