| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Jun'17 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
286,334 | 332,550 | 376,307 | 351,797 | 338,850 | 331,155 | 323,508 | 305,782 | 0 | 0 | 0 |
Operating expenses | ||||||||||
Interchange and network fees | ||||||||||
132,353 | 187,038 | 242,867 | 229,743 | 222,185 | 218,134 | 214,543 | 207,140 | 0 | 0 | 0 |
Other costs of services | ||||||||||
49,127 | 47,365 | 44,237 | 41,609 | 41,239 | 40,551 | 40,314 | 37,300 | 0 | 0 | 0 |
Selling general and administrative | ||||||||||
76,098 | 69,631 | 62,860 | 55,269 | 48,378 | 44,256 | 40,585 | 35,967 | 0 | 0 | 0 |
Depreciation and amortization | ||||||||||
18,307 | 17,667 | 16,564 | 14,838 | 13,413 | 12,535 | 11,839 | 11,258 | 0 | 0 | 0 |
Change in fair value of contingent consideration | ||||||||||
1,248 | 3,892 | 3,389 | 2,322 | 3,890 | 3,135 | 3,866 | 2,534 | 0 | 0 | 0 |
Total operating expenses | ||||||||||
277,133 | 325,593 | 369,917 | 343,781 | 329,105 | 318,611 | 311,147 | 294,199 | 0 | 0 | 0 |
Income (loss) from operations | ||||||||||
9,201 | 6,957 | 6,390 | 8,016 | 9,745 | 12,544 | 12,361 | 11,583 | 0 | 0 | 0 |
Interest expense, net | ||||||||||
-8,133 | -7,104 | -6,004 | -4,836 | -5,562 | -7,025 | -8,498 | -9,366 | 0 | 0 | 0 |
Change in fair value of warrant liability | ||||||||||
- | - | - | 0 | - | - | 8,487 | 8,429 | 0 | 0 | 0 |
Total other expenses | ||||||||||
- | - | - | -4,836 | - | - | -16,985 | -17,795 | 0 | 0 | 0 |
(Loss) income before income taxes | ||||||||||
1,068 | -147 | 386 | 3,180 | 3,941 | -1,287 | -4,624 | -6,212 | 0 | 0 | 0 |
(Benefit from) provision for income taxes | ||||||||||
-2,219 | -293 | -177 | -218 | 605 | 991 | 337 | 724 | 0 | 0 | 0 |
Net income (loss) | ||||||||||
3,287 | 146 | 563 | 3,398 | 3,336 | -2,278 | -4,961 | -6,936 | 0 | 0 | 0 |
Net income (loss) attributable to non-controlling interest | ||||||||||
4,820 | 3,518 | 3,608 | 4,679 | 3,990 | 4,110 | 1,937 | -91 | 0 | 0 | 0 |
Net income (loss) attributable to i3 Verticals, Inc. | ||||||||||
-1,533 | -3,372 | -3,045 | -1,281 | -654 | -6,388 | -6,898 | -6,845 | 0 | 0 | 0 |
Net income (loss) per share attributable to Class A common stockholders: | ||||||||||
Basic (in USD per share) | ||||||||||
0.05 | -0.01 | -0.07 | -0.12 | -0.12 | 0.02 | - | -0.01 | - | - | 0.00 |
Basic and dilutive net loss per share (in USD per share) | ||||||||||
0.05 | -0.01 | -0.07 | -0.12 | -0.12 | 0.02 | - | -0.01 | - | - | 0.00 |
Weighted average shares of Class A common stock outstanding: | ||||||||||
Basic (shares) | ||||||||||
14,456 | 14,233 | 14,199 | 10,064 | 8,887 | 8,812 | - | 8,812 | - | - | 0 |
Diluted (shares) | ||||||||||
16,106 | 14,233 | 13,108 | 10,064 | 8,887 | 9,903 | - | 8,812 | - | - | - |