i3 Verticals Inc (IIIV) - Net Assets
Based on the latest financial reports, i3 Verticals Inc (IIIV) has net assets worth $483.34 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($595.93 Million) and total liabilities ($112.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check i3 Verticals Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $483.34 Million |
| % of Total Assets | 81.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | 78.78% |
| 10-Year Change | N/A |
| Growth Volatility | 1137.81 |
i3 Verticals Inc - Net Assets Trend (2016–2025)
This chart illustrates how i3 Verticals Inc's net assets have evolved over time, based on quarterly financial data. Also explore i3 Verticals Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for i3 Verticals Inc (2016–2025)
The table below shows the annual net assets of i3 Verticals Inc from 2016 to 2025. For live valuation and market cap data, see market cap of i3 Verticals Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $517.72 Million | +0.46% |
| 2024-09-30 | $515.36 Million | +56.98% |
| 2023-09-30 | $328.30 Million | +6.70% |
| 2022-09-30 | $307.69 Million | +6.25% |
| 2021-09-30 | $289.59 Million | +20.58% |
| 2020-09-30 | $240.17 Million | +68.61% |
| 2019-09-30 | $142.44 Million | +26.96% |
| 2018-09-30 | $112.20 Million | +3466.37% |
| 2017-09-30 | $3.15 Million | +133.08% |
| 2016-09-30 | $-9.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to i3 Verticals Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14851000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $118.27 Million | 30.36% |
| Common Stock | $3.00K | 0.00% |
| Other Components | $271.31 Million | 69.64% |
| Total Equity | $389.58 Million | 100.00% |
i3 Verticals Inc Competitors by Market Cap
The table below lists competitors of i3 Verticals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rosenbauer International AG
VI:ROS
|
$516.12 Million |
|
Daqian Ecology & Landscape Co Ltd
SHG:603955
|
$516.16 Million |
|
Zevra Therapeutics Inc.
NASDAQ:ZVRA
|
$516.25 Million |
|
Yantai Yatong Precision Mechanical Corp. A
SHG:603190
|
$516.29 Million |
|
Cub Elecparts Inc
TW:2231
|
$516.05 Million |
|
Standard Chartered PLC
LSE:STAN
|
$516.04 Million |
|
Tianjin Jinbin Development
SHE:000897
|
$515.91 Million |
|
Sinopec Shanghai Petrochemical Company Limited
F:SGJH
|
$515.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in i3 Verticals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 379,735,000 to 389,583,000, a change of 9,848,000 (2.6%).
- Net income of 17,873,000 contributed positively to equity growth.
- Share repurchases of 37,604,000 reduced equity.
- Other factors increased equity by 29,579,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.87 Million | +4.59% |
| Share Repurchases | $37.60 Million | -9.65% |
| Other Changes | $29.58 Million | +7.59% |
| Total Change | $- | 2.59% |
Book Value vs Market Value Analysis
This analysis compares i3 Verticals Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | $-1.22 | $23.36 | x |
| 2017-09-30 | $0.40 | $23.36 | x |
| 2018-09-30 | $4.20 | $23.36 | x |
| 2019-09-30 | $7.63 | $23.36 | x |
| 2020-09-30 | $10.49 | $23.36 | x |
| 2021-09-30 | $6.46 | $23.36 | x |
| 2022-09-30 | $9.81 | $23.36 | x |
| 2023-09-30 | $7.12 | $23.36 | x |
| 2024-09-30 | $15.55 | $23.36 | x |
| 2025-09-30 | $11.40 | $23.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently i3 Verticals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.38%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.64x
- Recent ROE (4.59%) is above the historical average (3.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -1.05% | 1.99x | 0.00x | $-1.14 Million |
| 2017 | 28.67% | 0.34% | 1.88x | 44.50x | $587.40K |
| 2018 | -17.55% | -2.13% | 1.85x | 4.46x | $-10.83 Million |
| 2019 | -3.80% | -0.81% | 1.08x | 4.36x | $-11.05 Million |
| 2020 | -0.27% | -0.28% | 0.37x | 2.59x | $-15.98 Million |
| 2021 | -2.18% | -1.99% | 0.34x | 3.18x | $-24.93 Million |
| 2022 | -7.83% | -9.11% | 0.24x | 3.53x | $-38.94 Million |
| 2023 | -0.34% | -0.43% | 0.21x | 3.74x | $-24.49 Million |
| 2024 | 29.85% | 49.30% | 0.31x | 1.92x | $75.37 Million |
| 2025 | 4.59% | 8.38% | 0.33x | 1.64x | $-21.09 Million |
Industry Comparison
This section compares i3 Verticals Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $527,355,826
- Average return on equity (ROE) among peers: -32.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| i3 Verticals Inc (IIIV) | $483.34 Million | 0.00% | 0.23x | $516.12 Million |
| ACI Worldwide Inc (ACIW) | $267.21 Million | 20.72% | 1.00x | $4.34 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $26.91 Million | -95.01% | 0.21x | $821.47 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $456.38 Million | -22.24% | 0.05x | $906.22 Million |
| Axe Compute Inc. (AGPU) | $-2.19 Million | 0.00% | 0.00x | $24.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.26 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 0.95% | 0.09x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $13.57 Million | 2.93% | 0.26x | $437.32 Million |
| Airship AI Holdings Inc (AISP) | $-8.36 Million | 0.00% | 0.00x | $83.39 Million |
| AIxCrypto Holdings, Inc. (AIXC) | $2.68 Million | -233.64% | 0.75x | $5.68 Million |
| Akamai Technologies Inc (AKAM) | $3.19 Billion | 9.35% | 0.71x | $15.05 Billion |
About i3 Verticals Inc
i3 Verticals, Inc. provides enterprise software and services solutions to public sector entities in the United States and Canada. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, records managem… Read more