i3 Verticals (i3 Verticals) Retained Earnings : $-10.0 Mil (As of Mar. 2024)

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What is i3 Verticals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. i3 Verticals's retained earnings for the quarter that ended in Mar. 2024 was $-10.0 Mil.

i3 Verticals's quarterly retained earnings increased from Sep. 2023 ($-12.9 Mil) to Dec. 2023 ($-11.8 Mil) and increased from Dec. 2023 ($-11.8 Mil) to Mar. 2024 ($-10.0 Mil).

i3 Verticals's annual retained earnings declined from Sep. 2021 ($-6.5 Mil) to Sep. 2022 ($-23.6 Mil) but then increased from Sep. 2022 ($-23.6 Mil) to Sep. 2023 ($-12.9 Mil).

i3 Verticals Retained Earnings Historical Data

The historical data trend for i3 Verticals's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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i3 Verticals Retained Earnings Chart

i3 Verticals Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-2.31

-2.02

-6.48

-23.58

-12.94

i3 Verticals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-12.34	-17.49	-12.94	-11.85	-9.97

i3 Verticals Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

i3 Verticals (NAS:IIIV) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

i3 Verticals (i3 Verticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » i3 Verticals Inc (NAS:IIIV) » Definitions » Retained Earnings

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Traded in Other Exchanges

V1K:Germany

Address

40 Burton Hills Boulevard, Suite 415, Nashville, TN, USA, 37215

Website

https://www.i3verticals.com

i3 Verticals Inc offers integrated payment and software solutions to small and medium-sized businesses and organizations in strategic vertical markets. Its operating segment includes Merchant Services and Software and Services. The company generates maximum revenue from the Software and Services segment. The company's strategic vertical market includes schools, the public sector, not-for-profit organizations, healthcare and others. It provides various solutions such as, gateway, payment processing, online payment, Document management, and ERP among others.

Executives

Timothy Mckenna	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Gregory S Daily	director, 10 percent owner, officer: Chief Executive Officer	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David K. Morgan	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Christopher Laisure	officer: President - Public Sector	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Paul Christians	officer: Chief Operating Officer	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Pete Panagakis	officer: Chief Technology Officer	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Robert Bertke	officer: Chief Technology Officer	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Decosta Jenkins	director	150 THIRD AVENUE SOUTH STE 900, NASHVILLE TN 37201
Frederick Stanford	officer: President	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Geoffrey C. Smith	officer: VP of Finance	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Robert Burton Harvey	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
John C. Harrison	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David M Wilds	director, 10 percent owner	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David Scott Meriwether	officer: SVP - Finance	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
First Avenue Partners Ii Lp	10 percent owner	C/O I3 VERTICALS, INC., 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215