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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]      
Revenue $ 370,239 $ 317,862 $ 224,124
Operating expenses      
Other costs of services 80,552 73,367 57,706
Selling general and administrative 219,736 193,790 134,872
Depreciation and amortization 36,461 29,424 24,418
Change in fair value of contingent consideration 10,781 23,725 7,140
Total operating expenses 347,530 320,306 224,136
Income (loss) from operations 22,709 (2,444) (12)
Other expenses      
Interest expense, net 25,128 14,775 9,799
Other expense (income) 1,436 991 (2,595)
Total other expenses 26,564 15,766 7,204
Loss before income taxes (3,855) (18,210) (7,216)
(Benefit from) provision for income taxes (1,203) 5,007 623
Net loss (2,652) (23,217) (7,839)
Net loss attributable to non-controlling interest (1,841) (6,115) (3,382)
Net loss attributable to i3 Verticals, Inc. $ (811) $ (17,102) $ (4,457)
Net loss per share attributable to Class A common stockholders:      
Basic (in USD per share) $ (0.04) $ (0.77) $ (0.21)
Diluted (in USD per share) $ (0.07) $ (0.77) $ (0.22)
Weighted average shares of Class A common stock outstanding:      
Basic (in shares) 23,137,586 22,249,656 20,994,598
Diluted (in shares) 33,246,833 22,249,656 31,714,191