IIIV Latest Report

Performance of the Quarterly Report

i3 Verticals (stock code: IIIV) recorded a total operating revenue of RMB61,691,000 as of December 31, 2024, up approximately 12.0% from RMB55,054,000 as of December 31, 2023. This growth indicates that the company has achieved certain results in sales and market expansion, possibly reflecting increased demand for its products or services.

Key Data in the Quarterly Report

1. The total operating revenue grew by 12.0% year-on-year to RMB61,691,000, demonstrating the company's positive performance in the market.

2. The net profit grew by 102.34% year-on-year to US$3.108 million, reflecting effective measures in cost control and revenue increase.

3. The overall economic environment in 2024 exerted certain pressure on i3 Verticals' operating revenue, especially in the third quarter, where revenue decreased by 2% to US$56 million.

Industry Comparison

1. Industry-wide analysis: In the current economic environment, many industries have experienced recovery, especially the service industry and the technology industry, driving the overall operating revenue growth. According to industry reports, many peers' operating revenues have also grown significantly, indicating an improvement in overall market demand.

2. Peer evaluation analysis: Compared with other companies in the same industry, i3 Verticals' total operating revenue growth rate is at a medium-to-high level. This indicates that the company has performed well in the fierce market competition and possesses certain market competitiveness.

Summary

i3 Verticals' total operating revenue growth in 2024 mainly benefited from increased market demand, an expanded customer base, and the company's continuous development in application software. However, the overall economic environment also exerted pressure on its revenue, especially in the non-current income decline, and future growth needs to be focused on changes in the market environment.

Opportunities

1. Continue to deepen services and solutions in specific vertical markets to further enhance market share.

2. Attract new customers through effective marketing strategies and expand the customer base.

3. Strengthen product innovation and technological research and development to launch new products to meet market demand.

Risks

1. Uncertainty in the overall economic environment may exert pressure on subsequent operating revenues.

2. Intensified competition in the industry may affect the company's market share and profit levels.

3. Fluctuations in non-current income sources may lead to a decrease in the stability of the company's revenue.