On this page of Benford's Law Stocks.com we present our study of i3 Verticals Inc. — ticker symbol IIIV. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 5/11/2020 to 2/7/2025 for i3 Verticals Inc. under CIK number 0001728688. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for IIIV, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for i3 Verticals Inc. based on the past IIIV filings our system processed in the past.
Benford Chart for IIIV 10Q Filed 2/7/2025
32.0
25.3
11.3
7.5
5.8
5.7
5.0
4.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, IIIV stockholder letter ]
Total numbers found: 825
Recent share count: 23,442,498 (2's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
825
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for IIIV = 93
93

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 2's percentage was above the company's typical historical range.
 • We deducted point upon observing the 5's percentage was below the typical coverage universe range.
IIIV's Score Vs. Typical Stock
Benford's Law Stocks Indicator
IIIV
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
Other Stocks Ranking Near IIIV
HOWL
HSON
JAKK
KRYS
 HSDT
IDYA
IPSC
KLTR
Check our work! We provide our i3 Verticals Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the IIIV filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 264 numbers that start with the digit 1. Here they are:
1,205
15,006
10,232
153,105
153,393
159,574
162,816
1,205
163,431
164,731
16,915
14,921
10,000,000
150,000,000
10,015,099
10,032,676
1
1
102,453
100,397
136,146
135,624
19,577
1,377
1,485
1,826
107
1,146
1,094
1,536
1,128
1,330
1,768
1,052
138
1,098
12
12
17
16
10,032,676
1
100,397
135,624
1,052
17,577
17,577
14
14
11,190
11,190
10,015,099
1
102,453
136,146
10,093,394
1
12,944
1,098
1,536
10
10
1,483
1,483
10,093,394
1
11,846
1,536
182
1,184
1,377
1,353
1,773
156
1,807
1,725
1,009
1,212
102
1,918
11,495
14,405
1,463
1,100
11
1,418
1,743
1,743
119
11,190
1,355
155
150
10,467
1,316
12,400
11,084
12,400
1,205
11,084
16,309
10,895
1,276
1,768
138
1,150
189
160
1,205
15,462
19,577
15,462
1,355
1,355
13,050
1,355
14,405
1,355
1,355
1,355
12,738
13,435
1
13,511
13,171
11,135
15
12,630
12,677
1,885
11,580
11,468
1,703
1
13,171
11,440
15
140
11,580
17,264
14,150
19,156
14,681
18
18,000
1,960
11,800
100
11,486
1,692
1,270
1,100
170
1,005
129
195
195
15,006
10,232
199,720
157,904
1,508
144
159,556
18
18
159,574
12,528
12,069
11,906
11,879
101,454
159,556
1,021
1,165
1,946
188
1,636
10,627
11,402
1,883
16,915
14,921
1
138,000
1.0
132,762
1.00
14,669
119
105
100,000
100
1
10
1
1.00
1.00
1
1.50
1.25
15
1.00
15
15
11,190
1,094
15
17,577
1,036
10
1,457
1,016
1,377
170
1,918
1,636
1,398
1,122
1,150
1,500,000
1,500,000
1,408,363
19.32
13.07
13,706
15,220
1,170,711
16,862
1,042
15,000
17,000
13,171
11,580
19,243
17,359
1,377
1,485
1,826
107
1,146
148,666
1,052
1,128
1,330
12
10,505,844
10,093,394
1,768
138
17
1,336
10,561,171
16
10,026,180
1,536
1,052
1,098
1,098
1,429
10,505,844
10,561,171
170
18
We found 209 numbers that start with the digit 2. Here they are:
23,428,283
2,450
2,424
280,678
280,678
26,223
26,223
29,326
29,347
215,095
215,316
23,437,250
23,882,035
2
2
272,532
279,335
21,031
28,900
27,175
237
2,699
214
2,194
2,885
2,056
23,551,352
23,267,290
23,267,290
23,551,352
23,267,290
23,551,352
23,882,035
2
279,335
2,056
237
237
29
29
293
293
23,437,250
2
272,532
23,253,272
2
249,688
25,898
2,450
2,450
23,279,170
2
254,562
280
237
2,677
2,410
2,883
250
204
2,424
2,450
2,626
2,685
29,889
20
253
253
20
253
214
2,685
211
261
2,883
27,175
2,458
2,423
266
2,147
2,505
265
28,983
2,274
24
266
265
2,093
2,224
24
27,477
294
22,000
20
29,466
297
27,477
220
2,458
2,423
2,512
2,337
233,850
280,678
233,850
280,678
215
204,820
204,838
2,200
2,174
22,185
24,276
2,492
228
2,958
26,223
26,223
26,223
26,223
26,223
26,223
21,000
26,223
2,397
26,223
26,053
28,676
250
245
2.00
2.00
2.00
2.00
2.5
25
2.50
2.50
2.0
2.50
20
2.25
2.25
2.0
2.00
2.00
280
22.49
26
24
2,997
2,352
237
26,053
2,416
2,314,177
24.48
24.11
26,631
24.52
25.19
22.71
24.11
21.91
21.41
23.18
28
24
265
24
2,794
244
252
237
2,699
233,850
222,364
280,678
269,192
23,437,250
23,279,170
237
293
2,450
2,450
2,888
2,194
2,885
23,551,352
23,267,290
2,194
23,551,352
214
23,551,352
23,267,290
23,267,290
2,056
23,551,352
23,267,290
2,056
2,856
23,551,352
23,267,290
288
21,396
23.86
29.17
29.95
We found 93 numbers that start with the digit 3. Here they are:
39,029
3,345
3,505
374,988
379,735
3,845
3,322
3,108
3,983
34,057,196
33,828,461
3,814
3,814
3,108
34,423
328,296
337,156
3,108
3,814
320
3,833
3,100
390
388
3,112
3,518
3,407
36,936
39
3,983
33,203
358
389
3,120
39,824
32,985
37,460
31
311,634
3,060
3,000
3,259
3,233
359
3,243
3,146
384
339
31,670
30,520
355
3,383
3,752
3,330
386
3,376,391
3.0
3.7
3.00
3.0
30
3.00
3.00
3.00
30
38,825
34,560
39,223
3,366
3,669
339
3,330
3,814
3,500,000
3,000,000
30.76
3,209
39,223
39
3,748
3,814
3,845
3,322
3,052
34,057,196
3,983
3,983
33,828,461
3,108
331
34,057,196
33,828,461
369,256
4's 5's 6's
We found 62 numbers that start with the digit 4. Here they are:
48,481
48,445
42,259
40,000,000
4,215
438
496,785
438
414
4,779
4,093
471
4
4,873
4,415
4,159
438
476
4,115
42,637
45,675
48,785
40,103
43,498
45,665
4,824
48,785
41,405
43,498
42,938
40
46,828
46,828
41,816
4,741
45,264
45,264
43
433
450,000
450,000
450,000
414
496,785
4,236
4.0
4.0
419,717
408
40
48,785
43,498
482,659
475,548
46,828
46,828
438
4,215
467,777
479,664
438
40.87
We found 48 numbers that start with the digit 5. Here they are:
500
51,342
55,988
57,249
58,592
5,370
5,423
511,134
515,359
55,054
58,992
53,569
5,309
523
5,751
515,359
511,134
513
5,321
5,899
534
573
59
50
5,751
56
55,054
56,867
52,830
55,054
5
5,148
5,737
5.0
50,000
523
59
5,358
50,000
5,000
55,054
5,358
546
5,309
530
522
5,751
5,319
We found 47 numbers that start with the digit 6. Here they are:
632
6,696
632
6,317
61,691
680
6,687
6,794
6,508
6,508
657
657
6,508
6,642
60
699
618
64,694
6,189
632
632
61,691
61,691
6,582
634
653
62.88
6
680
664
620
60
6,254
611
61,691
6,619
6,165
680
6,687
6,794
67,683
638,134
69.8
6,236,721
6,236,721
6,236,721
62.88
7's 8's 9's
We found 41 numbers that start with the digit 7. Here they are:
7,583
7,942
726,229
730,675
7,402
726,229
730,675
7,684
7,054
76
7,684
715
7,171
71,661
7,047
7,027
76
7,195
75
7,517
7,362
716
7,887
7.9
7.6
716
7,144,049
771,214
7,000
7,684
7,054
726,229
70.1
7,496,394
76
7,496,394
7,496,394
70.83
78
70.05
78
We found 33 numbers that start with the digit 8. Here they are:
85,552
86,541
8,677
8,954
82,997
89,972
864
8,550
89,597
89,207
86,541
89,597
85,552
89,207
8,550
8,723
8,680
857
8
82,997
89,972
87,391
85
82
85
8,768
8,239
897
85
84
858
800
896,763
We found 28 numbers that start with the digit 9. Here they are:
9,645,843
9,167
91,549
94,437
9,739
906
9
9
936
9,720
9,897
9,850
995
917
90,777
926
987
96
9,897
972
9,784
9,120,944
98,972
9,045,341
996
94,904
94,903
9631
While the above IIIV 10Q Filed 2/7/2025 is interesting in isolation, we have found that it is also useful to take a look at older i3 Verticals Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 2/7/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical IIIV 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 2/7/2025
32.0
25.3
11.3
7.5
5.8
5.7
5.0
4.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 825

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 5/10/2024
31.6
21.5
14.2
8.2
6.0
5.6
3.2
5.2
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 1,021

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 8/9/2023
29.2
23.4
10.6
8.7
6.8
6.4
4.6
5.2
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 1,057

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10K Filed 11/18/2022
29.3
22.9
10.5
8.3
7.0
6.8
6.7
4.9
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 1,285

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 2/9/2022
31.1
18.8
11.9
10.9
6.5
7.9
4.9
4.9
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 813

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 5/10/2021
31.4
20.9
10.9
9.9
7.6
6.6
4.1
3.6
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 982

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 8/10/2020
37.3
18.8
9.5
7.3
9.9
4.4
3.6
4.2
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL? ✓  [ original filing ]
Total numbers found: 1,013

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10K Filed 11/25/2024
29.2
23.7
10.3
10.8
6.2
6.5
4.9
4.6
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL? ✓  [ original filing ]
Total numbers found: 1,580

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 2/9/2024
30.9
20.3
13.8
9.5
6.7
6.3
2.3
6.3
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL? ✓  [ original filing ]
Total numbers found: 745

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 5/10/2023
30.7
20.5
12.6
8.1
6.0
7.1
4.7
5.5
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 1,005

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 8/9/2022
28.3
21.5
11.6
8.4
7.7
8.3
4.8
5.3
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 1,137

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10K Filed 11/22/2021
31.0
21.4
11.4
8.8
7.0
7.1
5.3
4.1
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 1,427

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 2/9/2021
34.3
20.1
9.1
11.4
7.0
5.3
4.6
4.6
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 702

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 5/11/2020
37.0
17.3
10.0
7.6
9.3
5.0
4.1
5.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL? ✓  [ original filing ]
Total numbers found: 927

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 8/9/2024
30.8
20.7
14.5
8.4
6.2
5.4
4.9
4.8
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 1,115

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10K Filed 11/22/2023
28.2
24.6
12.3
8.9
6.0
6.0
6.0
5.3
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 1,293

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 2/9/2023
28.7
20.0
12.7
10.3
7.2
6.6
4.2
7.6
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL? ✓  [ original filing ]
Total numbers found: 711

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 5/10/2022
30.2
20.5
10.9
10.0
5.9
8.4
5.1
3.9
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL? ✓  [ original filing ]
Total numbers found: 1,089

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10Q Filed 8/9/2021
32.2
20.7
11.2
9.2
7.4
6.3
4.6
4.6
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 1,026

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
10K Filed 11/23/2020
33.7
18.8
11.9
8.1
7.2
5.4
4.9
5.1
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL? ✓  [ original filing ]
Total numbers found: 1,396

■ = Typical IIIV range from 5/11/2020 to 2/7/2025
LPAAU 10K Filed 3/26/2025:
49
PL 10K Filed 3/26/2025:
98
JTAI 10K Filed 3/26/2025:
85
BCDA 10K Filed 3/26/2025:
84
CCIRU 10K Filed 3/26/2025:
33
UTMD 10K Filed 3/26/2025:
94
SNAL 10K Filed 3/26/2025:
74
MVIS 10K Filed 3/26/2025:
67
ARKB 10K Filed 3/26/2025:
22
CETH 10K Filed 3/26/2025:
53
CAPNU 10K Filed 3/26/2025:
61
VRNT 10K Filed 3/26/2025:
88
HOFV 10K Filed 3/26/2025:
89
FDSB 10K Filed 3/26/2025:
56
ECBK 10K Filed 3/26/2025:
94
PAYX 10Q Filed 3/26/2025:
78
ADBE 10Q Filed 3/26/2025:
62
EPAC 10Q Filed 3/26/2025:
93
FINW 10K Filed 3/26/2025:
99
ELA 10K Filed 3/26/2025:
88
MAMO 10K Filed 3/26/2025:
92
FENC 10K Filed 3/26/2025:
68
BPT 10K Filed 3/26/2025:
89
OLLI 10K Filed 3/26/2025:
71
IGTAU 10K Filed 3/26/2025:
79
USIO 10K Filed 3/26/2025:
44
TNON 10K Filed 3/26/2025:
89
BOTJ 10K Filed 3/26/2025:
77
ISPO 10K Filed 3/26/2025:
88
NKTX 10K Filed 3/26/2025:
85
JWSUF 10K Filed 3/26/2025:
73
S 10K Filed 3/26/2025:
97
VBFC 10K Filed 3/26/2025:
98
GRDN 10K Filed 3/26/2025:
88
CATX 10K Filed 3/26/2025:
36
DLTR 10K Filed 3/26/2025:
84
ZNTL 10K Filed 3/26/2025:
76
SONX 10K Filed 3/26/2025:
85
BBGI 10K Filed 3/26/2025:
47
RDACU 10K Filed 3/26/2025:
12
 

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