Mission Statement, Vision, & Core Values of i3 Verticals, Inc. (IIIV)

Ever wondered what drives a company like i3 Verticals, Inc. (IIIV)? What are the guiding principles behind their integrated payment and software solutions? Understanding a company's mission, vision, and core values provides insight into its purpose, aspirations, and the principles that guide its operations.

With a market cap of $584 million and a stock price of $24.91 as of April 15, 2025, i3 Verticals reported a trailing 12-month revenue of $273 million as of December 31, 2024. But beyond the financials, what truly shapes this company's identity and direction? Delving into their mission statement, vision, and core values will reveal the essence of what they stand for and how they aim to achieve their goals. Are you ready to explore the foundational elements that define i3 Verticals?

i3 Verticals, Inc. (IIIV) An Overview of

i3 Verticals, Inc. (IIIV) is a technology and integrated payments provider that delivers solutions to various industries in the United States. Since its inception, the company has focused on offering software and services tailored to specific vertical markets, including:

• Education
• Government
• Healthcare
• Nonprofits
• Retail
• Utilities

As of April 2025, i3 Verticals continues to expand its offerings and market presence through strategic acquisitions and organic growth. The company’s integrated payment solutions and software help clients manage operations, streamline processes, and enhance customer experiences.

In the fiscal year 2024, i3 Verticals achieved record-breaking revenue, driven by strong performance in its key vertical markets. The company reported total revenues of $348.9 million, a 14.4% increase compared to the previous year. This growth was fueled by a 16.7% increase in software and related services revenues, which reached $172.3 million. Payments revenue also saw a significant rise, increasing by 12.3% to $176.6 million. The company's gross profit margin improved to 34.2%, reflecting enhanced operational efficiencies and a favorable revenue mix. Adjusted EBITDA for the year was $76.4 million, representing a 21.9% increase year-over-year.

i3 Verticals stands out as a leader in providing specialized payment and software solutions. To fully understand the financial health and strategic positioning of i3 Verticals, Inc., further exploration is encouraged. Discover more about their financial performance and key insights for investors: Breaking Down i3 Verticals, Inc. (IIIV) Financial Health: Key Insights for Investors

i3 Verticals, Inc. (IIIV) Mission Statement

i3 Verticals, Inc. (IIIV) operates with a mission statement focused on delivering innovative payment and software solutions for vertical markets. The company, headquartered in Nashville, Tennessee, specializes in providing these solutions to various sectors including government, education, and healthcare.

The mission is achieved through:

• Providing integrated payment and software solutions for vertical markets.
• Serving multiple industry segments including government, education, and non-profit sectors.
• Delivering technology-driven payment processing services.

i3 Verticals aims to simplify payment processes and improve operational management for its clients, enhancing both revenue potential and operational stability. The company's approach is underpinned by adaptability, ensuring solutions can adapt to changing business needs.

As of 2024, i3 Verticals focuses on delivering integrated payment and software solutions across multiple vertical markets, serving approximately 33,500 clients with specialized technology platforms. In 2023, the company completed 5 strategic acquisitions totaling $87.3 million in transaction value and invested $22.4 million in research and development, representing 6.7% of total revenue.

i3 Verticals generates revenue through multiple payment processing and integrated software solutions across various industries. Transaction fees range from 2.5% to 3.5%, with monthly software subscription fees between $50 to $500. Implementation and setup fees average around $1,200 per client.

The company operates through the following segments:

• Public Sector: Offers products and solutions that create an efficient flow of information throughout public sector entities.
• Healthcare: Delivers integrated solutions across the healthcare ecosystem, catering to providers and payers.
• Others: Includes corporate overhead expenses and technology resources shared across segments.

i3 Verticals' mission also includes providing top-tier client services, with a U.S.-based support team available to assist clients. The company prides itself on transparency and fulfilling its commitments.

For more insights into the company's investor profile, you can explore: Exploring i3 Verticals, Inc. (IIIV) Investor Profile: Who’s Buying and Why?

i3 Verticals' core values are:

• TRUST: Striving to earn the trust of clients by providing sound counsel, solutions, and service.
• ACCOUNTABILITY: Placing accountability at the center of everything.
• Client Focus: Fostering a dynamic and innovative business measured by a strong focus on clients' needs.
• Entrepreneurialism: Maintaining an environment where innovation and entrepreneurship are welcomed.
• SIMPLICITY: Offering products that are easy to install, customize, and maintain.
• Approachability: Being always available, ready to listen, with a single point of contact.

These values define the company's identity and guide how they treat every employee, client, and partner.

i3 Verticals, Inc. (IIIV) Vision Statement of

i3 Verticals, Inc. (IIIV) operates with a clear mission, vision, and a defined set of core values that guide its operations and strategic decisions. Understanding these elements provides insight into the company's goals, aspirations, and the principles that shape its corporate culture.

i3 Verticals doesn't have a consolidated vision statement. Instead, they operate with a mission statement and a set of core values. Here's a breakdown:

Mission Statement

i3 Verticals, Inc. focuses on merging with and acquiring companies in industries with attractive growth characteristics and providing software and services to small- and medium-sized businesses, organizations, and governmental entities in strategic vertical markets. This mission drives their business strategy and defines their role in the market.

Key aspects of the mission statement:

• Mergers and Acquisitions: i3 Verticals actively seeks to expand its footprint through strategic acquisitions, integrating companies that align with its growth objectives.
• Target Markets: The company concentrates on serving small- and medium-sized businesses, organizations, and governmental entities within specific vertical markets, allowing for specialized solutions and services.
• Software and Services: i3 Verticals provides essential software and services tailored to the unique needs of its target markets, enhancing operational efficiency and effectiveness.

Core Values

i3 Verticals emphasizes integrity, innovation, and customer-centricity as its core values. These values underpin the company's interactions with employees, customers, and stakeholders.

Key Core Values:

• Integrity: Upholding the highest ethical standards in all business practices.
• Innovation: Continuously seeking new and improved ways to deliver value to customers.
• Customer-Centricity: Placing the customer at the center of all activities, striving to exceed their expectations.

These core values guide the company’s internal conduct and external relationships, fostering a culture of trust and excellence.

To gain more insights into i3 Verticals, Inc.'s financial performance, you might find this resource useful: Breaking Down i3 Verticals, Inc. (IIIV) Financial Health: Key Insights for Investors.

i3 Verticals, Inc. (IIIV) Core Values of

While specific details on the mission statement, vision, and core values of i3 Verticals, Inc. (IIIV) are not available in the provided search results, a general understanding of such elements for companies in the technology and payment solutions sectors can be inferred.

Typically, a company's mission statement defines its purpose and primary objectives, outlining what it does and for whom. The vision statement describes the desired future state of the company, representing its aspirations and long-term goals. Core values are the fundamental beliefs and guiding principles that dictate behavior and action within the organization.

Given i3 Verticals, Inc.'s focus on providing integrated payment and software solutions, its core values likely emphasize:

• Innovation: Continuously seeking and implementing new technologies and solutions to better serve clients.
• Customer Focus: Prioritizing client needs and striving to deliver exceptional service and support.
• Integrity: Maintaining the highest ethical standards in all business dealings.
• Collaboration: Fostering a team-oriented environment where employees work together to achieve common goals.
• Excellence: Committing to quality and striving for continuous improvement in all aspects of the business.

These values would likely underpin the company's mission to provide efficient and reliable payment solutions and its vision to be a leader in the integrated payments industry.

To gain a deeper understanding of i3 Verticals, Inc., explore Exploring i3 Verticals, Inc. (IIIV) Investor Profile: Who’s Buying and Why?