i3 Verticals, Inc. IIIV NASDAQ

i3 Verticals, Inc. (IIIV) generated $5.69M in operating cash flow for fiscal year 2025. After capital expenditures of $1.94M, free cash flow was $3.75M.

Free cash flow margin was 1.8% of revenue. Cash conversion ratio was 0.32x, suggesting some earnings are non-cash.

The company returned $37.6M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (49/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (45/100) — Cash conversion ratio was 0.32x suggests some earnings are non-cash items

Overall SharesGrow Score: 57/100 with 1/7 criteria passed.