Technical analysis of i3 Verticals, Inc. (NASDAQ: IIIV) stock & revenue

On Yesterday, Shares of i3 Verticals, Inc. (NASDAQ: IIIV) price closed at $27.29 in the trading session. After opening the first trading session at $27.68, it registered a day’s high of $27.98 and touched a day’s low of $27.10. The last trade registered volume was 88.36K as compared to it’s an average volume of 188.98K.

i3 Verticals, Inc. (NASDAQ: IIIV) recently stated its financial results for the fiscal second quarter ended March 31, 2019.

  • Second quarter revenue was $85.4M, a raise of 10% over the previous year’s second quarter; Revenue was $170.3M for the six months ended March 31, 2019, a raise of 10% over the previous year’s first six months.
  • Second quarter adjusted net revenue1, which excludes acquisition revenue adjustments and interchange and network fees, was $31.4M, a raise of 16% over the previous year’s second quarter; Adjusted net revenue1 was $61.0M for the six months ended March 31, 2019, a raise of 17% over the previous year’s first six months.
  • Second quarter net loss was $1.2M; Net income was $1.1M for the six months ended March 31, 2019.
  • Second quarter adjusted EBITDA1 was $8.7M, a raise of 13% over the previous year’s second quarter; Adjusted EBITDA1 was $17.3M for the six months ended March 31, 2019, a raise of 19% over the previous year’s first six months.
  • Second quarter adjusted EBITDA1 as a percentage of adjusted net revenue1 was 28%, contrast to 28% in the previous year’s second quarter; Adjusted EBITDA1 as a percentage of adjusted net revenue1 was 28% for the six months ended March 31, 2019, contrast to 28% in the previous year’s first six months.
  • Second quarter diluted net loss per share accessible to Class A ordinary stock was $0.12; Diluted net loss per share accessible to Class A ordinary stock was $0.10 for the six months ended March 31, 2019.

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