i3 Verticals Inc. Class A (IIIV) Peer Comparison

$15.84

$0.38 (2.46%)

As on 09-Oct-2026 13:37EDT

Market cap

$497 Mln

Revenue (TTM)

$218 Mln

P/E Ratio

49.2

P/B Ratio

1

Div. Yield

0 %

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	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Market cap ($ Mln)	497	6,971	5,877	5,420	4,608
Revenue ($ Mln)	218	1,946	2,792	2,237	1,810
Net Profit ($ Mln)	10.70	314.01	350.80	250.00	305.01
Net Margin (%)	4.90	16.13	12.56	11.17	16.85
RoE (%)	1.94	22.68	27.20	28.11	30.57
Price to Earnings	49.24	22.48	17.38	22.63	15.44
Price-To-Book	0.97	5.05	4.59	6.10	3.79

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement ($ Mln)

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Operating Revenue	218.16	1,946.32	2,792.00	2,237.31	1,809.63
Cost of Revenue	90.35	1,020.44	1,208.70	1,375.70	723.63
Gross Profit	118.67	871.11	1,459.60	801.08	934.37
Operating Expenses	138.74	472.05	871.80	528.30	903.21
Operating Profit (EBIT)	5.38	453.83	711.60	333.32	182.79
Other Income	0.00	0.00	0.00	0.00	0.00
Profit before Tax	15.15	410.08	485.40	325.54	165.29
Provision for Tax	4.49	96.07	134.70	75.43	-139.72
Profit after Tax (Net Income)	10.70	314.01	350.80	250.00	305.01
Minority Interest	-4.48	0.00	0.00	0.00	0.00
Consolidated Profit	0.00	156.51	164.60	0.00	0.00

Liabilities ($ Mln)

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Shareholder's Funds	280.55	1,401.66	1,344.60	866.24	1,126.85
Minority Interest	-4.48	0.00	0.00	0.00	0.00
Non-Current Liabilities	174.02	910.96	3,852.00	178.00	36.29
Current Liabilities	52.64	288.90	11,302.30	703.65	404.31
Total Liabilities	638.41	2,554.37	14,399.50	1,702.24	1,458.71

Assets ($ Mln)

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Non-Current Assets	563.51	1,666.67	4,693.10	872.61	281.51
Current Assets	63.47	934.84	11,805.70	875.28	1,285.95
Total Assets	638.41	2,554.37	14,399.50	1,702.24	1,458.71
Total Debt*	118.87	643.51	5,357.20	488.02	38.26
Net Current Assets	10.83	645.94	503.40	171.64	881.63

Cashflow ($ Mln)

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Cash From Operating Activities	5.69	363.87	454.30	350.72	325.08
Cash Flow from Investing Activities	76.46	-257.63	-696.90	-49.26	-69.93
Cash from Financing Activities	-104.41	-105.47	418.90	-312.76	-89.78
Net Cash Inflow / Outflow	--	--	--	--	--

Ratios

Profitability Ratios

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
ROCE (%)	4.38	15.11	6.85	19.21	7.67
ROE (%)	1.94	22.68	27.20	28.11	30.57
ROA (%)	1.57	10.97	1.35	11.29	17.42
EBIT Margin (%)	8.64	22.85	25.61	15.92	9.70
Net Margin (%)	4.90	16.13	12.56	11.17	16.85
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

Growth Ratios

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Revenue Growth (%)	-8.15	6.48	7.46	13.63	23.79
EBIT Growth (%)	21.82	12.00	10.10	10.26	565.84
Net Profit Growth (%)	-91.94	13.37	14.49	5.79	2,066.08
EPS Growth (%)	-91.45	14.31	25.28	9.72	2,149.79
Book Value Growth (%)	-3.51	12.97	35.42	-12.28	45.93

Valuation Ratios

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Price / Earnings	62.14	22.53	17.15	27.47	43.79
Price / Book Value	2.85	5.05	4.59	7.56	3.42
Dividend Yield (%)	--	1.20	0.00	--	--
EV/EBITDA	25.60	14.30	5.26	17.79	22.69
Market Cap ($ Cr)	--	--	--	--	--

Solvency Ratios

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Debt to Equity	0.41	0.42	2.62	0.00	0.00
Short term debt to equity ratio	0.01	0.01	1.36	0.46	0.01
Current Ratio	1.21	3.24	1.04	1.24	3.18
Quick Ratio	1.21	2.02	1.04	1.24	3.18
Interest Coverage	5.08	13.62	3.13	11.61	17.12

Operating Efficiency Ratios

	i3 Verticals Inc. Class A (IIIV)	MSA Safety (MSA)	WEX (WEX)	ExlService Holdings (EXLS)	Remitly Global Inc (RELY)
Debtors to sales (%)	22.24	17.87	170.52	19.41	30.76
Asset Turnover	0.32	0.68	0.11	1.01	1.03
Receivable days	98.23	57.05	445.78	65.73	55.78
Inventory Days	9.55	116.42	--	--	--
Payable days	21.52	39.84	285.52	1.51	11.63
Cash Conversion Cycle	86.25	133.63	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Annual
Quarterly