Published on 15 Nov 2023 on GuruFocus.com via Yahoo Finance
i3 Verticals Inc (IIIV) Reports Strong Revenue and Adjusted EBITDA Growth in Q4 and Full Fiscal ...
Q4 revenue increased by 13.1% and full year revenue grew by 16.5% compared to the previous year.Adjusted EBITDA for Q4 rose by 23.2% and 26.2% for the full year, with margins expanding significantly.Net income for Q4 was $3.4 million, a notable improvement from a net loss of $4.4 million in the same quarter last year.i3 Verticals Inc (NASDAQ:IIIV) projects revenue between $385 million and $410 million and adjusted EBITDA between $109 million and $119 million for fiscal year 2024.
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