| Sep'19 | Sep'18 | Sep'17 | Sep'16 | |||
|---|---|---|---|---|---|---|
Revenue | ||||||
376,307 | 323,508 | 262,571 | 199,644 | |||
Operating expenses | ||||||
Interchange and network fees | ||||||
242,867 | 214,543 | 189,112 | 140,998 | |||
Other costs of services | ||||||
44,237 | 40,314 | 28,798 | 21,934 | |||
Selling general and administrative | ||||||
62,860 | 40,585 | 27,194 | 20,393 | |||
Depreciation and amortization | ||||||
16,564 | 11,839 | 10,085 | 9,898 | |||
Change in fair value of contingent consideration | ||||||
3,389 | 3,866 | -218 | 2,458 | |||
Total operating expenses | ||||||
369,917 | 311,147 | 254,971 | 195,681 | |||
Income (loss) from operations | ||||||
6,390 | 12,361 | 7,600 | 3,963 | |||
Interest expense, net | ||||||
-6,004 | -8,498 | -6,936 | -5,900 | |||
Change in fair value of warrant liability | ||||||
0 | 8,487 | -415 | -28 | |||
Other income | ||||||
- | - | - | 59 | |||
Total other expenses | ||||||
-6,004 | -16,985 | -6,521 | -5,813 | |||
(Loss) income before income taxes | ||||||
386 | -4,624 | 1,079 | -1,850 | |||
(Benefit from) provision for income taxes | ||||||
-177 | 337 | 177 | 243 | |||
Net income (loss) | ||||||
563 | -4,961 | 902 | -2,093 | |||
Net income (loss) attributable to non-controlling interest | ||||||
3,608 | 1,937 | 0 | 0 | |||
Net income (loss) attributable to i3 Verticals, Inc. | ||||||
-3,045 | -6,898 | 902 | -2,093 | |||
Net income (loss) per share attributable to Class A common stockholders: | ||||||
Basic (in USD per share) | ||||||
-0.29 | 0.08 | - | - | |||
Basic and dilutive net loss per share (in USD per share) | ||||||
-0.29 | 0.08 | - | - | |||
Weighted average shares of Class A common stock outstanding: | ||||||
Basic (shares) | ||||||
10,490 | 8,812 | - | - | |||
Diluted (shares) | ||||||
10,490 | 26,873 | - | - | |||