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 5/10/2021 to 2/6/2026 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 2/6/2026
27.9
24.6
12.6
8.9
8.1
5.1
4.0
4.9
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, IIIV stockholder letter ]
Total numbers found: 732
Recent share count: 22,609,537 (2's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
732
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 7 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 point upon observing the 2's percentage was above the company's typical historical range.
 • We deducted point upon observing the 6's percentage was below the company's typical historical range.
 • We deducted point upon observing the 7's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was below the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
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
HBT
HSCS
ITRM
LCUT
 HDSN
IBRX
IPGP
KYMR
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 204 numbers that start with the digit 1. Here they are:
1,400
13,654
12,075
100,389
137,625
132,938
135,797
1,400
1,806
1,827
15,154
14,844
112,590
120,688
10,000,000
150,000,000
1
1
118,754
118,270
124,835
128,140
17,582
15,576
1,252
1,609
1,826
180
1,146
1,789
1,085
138
117
1,052
1,855
1
118,270
128,140
149,250
1,522,838
1
118,754
124,835
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
1,377
10,256
1,353
1,586
156
1,807
102
14,123
11,495
1,463
1,965
1,832
1,418
1,743
1,743
11,190
129
150
10,467
165
1,400
1,205
134
1,332
125
169
169
114
138
193
125
126
138
1,400
150
14,475
13,436
15,133
15,999
16,881
13,645
1,566
1,412
10,260
1,260
100
11,211
10,260
1,700
141
1,388
195
195
13,654
12,075
179,650
132,370
175
182,416
132,922
16
16
182,432
132,938
10,954
10,766
10,739
10,694
132,922
155
155
1,943
1,363
13
1,254
1,553
15,154
14,844
138,000
1.0
132,762
1.00
131
14,669
119
105
100,000
100
10
1
1.00
1.00
1
1.50
1.25
15
1.00
15
15
11,190
1,522,838
12,108
15
1,554
1,537
105
1,252
198
1,943
1,254
1,346
1,283
1,500,000
1,500,000
141,524
1,160,641
184,108
1,313,901
16,972
1,713
199
16,972
15,000
17,000
17,345
15,414
15,272
15,274
12,530
11,781
1,085
1,052
1,085
1,855
1,855
1,416,679
10,505,844
138
117
127
10,026,180
1,416,679
1,052
1,416,679
10,505,844
12,244
We found 180 numbers that start with the digit 2. Here they are:
22,094,170
250
250
248,469
248,469
20,743
24,525
2,791
2,964
22,609,537
23,983,125
2
2
239,749
271,310
26,989
26,479
2,053
2,790
201
2,056
23,675,075
23,551,352
25,091,754
23,675,075
23,551,352
24,031,016
23,983,125
2
271,310
2,283
2,283
22,609,537
2
239,749
23,882,035
2
279,335
2,056
237
237
29
29
293
293
23,437,250
2
272,532
216
280
2,136
2,410
23
28,160
250
2,424
250
2,450
2,421
208
259
266
2,626
253
253
253
214
2,516
2,514
2,181
200
2,000
2,868
2,516
222
248,469
2,591
2,123
2,858
2,793
2,861
2,031
2,147
2,760
2,525
2,720
2,701
2,674
2,869
20,743
24,525
2,235
21,000
26,223
2,397
26,223
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
216
280
22.49
24.88
2,525
2,154
2,323
208
2,276,394
2,001,344
24.61
25.64
24.80
24.59
25.06
24.89
24.32
23.05
22,482
23.96
25.00
24.32
22,779
242
21,396
23.86
29.17
29.95
2,115
2,548
2,790
22,609,537
23,437,250
237
293
2,790
23,675,075
23,551,352
2,566
23,675,075
23,551,352
25,091,754
2,051,755
201
23,675,075
23,551,352
201
201
23,675,075
23,551,352
24,031,016
2,051,755
2,056
23,675,075
23,551,352
2,056
2,856
23,675,075
23,551,352
25,091,754
2,051,755
288
20,000
20,000
23.42
We found 92 numbers that start with the digit 3. Here they are:
37,523
34,198
37,678
32,386
32,191
358,506
389,583
374
381
3,199
318
3,108
34,057,196
32,056,756
38,317
38,317
3,861
3,861
3,814
3,814
3,108
34,423
3,108
3,814
374
320
3,833
315
37,938
3,608
390
39,173
37,523
39,173
31
339
31
39
3,022
35,682
36,604
38,486
37,620
39,156
31
380
352
3,022
3,288
3,268
3,466
3,139
3,787
3,489
3,422
386
3,376,391
3.0
3.00
3.0
30
3.00
3.00
3.00
30
38,317
37,094
34,911
32,386
3,571
374
3,197
3,346
323
3,489
3,832
3,606
3,500,000
3,000,000
359,850
34,911
369,256
3,861
3,768
3,305
34,057,196
318
35
32,056,756
3,108
34,057,196
379
4's 5's 6's
We found 65 numbers that start with the digit 4. Here they are:
47,812
411
46,930
48,314
48,378
49,058
4,473
4,577
4,112
411
40,000,000
483,341
409
46
463
484
484
463
483,341
496,785
4,779
4,710
471
448
40,451
411
46
439,516
495
411
47,648
47,400
4,821
42,392
4,610
47,280
468
49,494
49,494
461
433
400,000
400,000
400,000
450,000
400,000
496,785
409
465
4,597
4.0
4.0
42,948
4,244
4,324
4,414
463
46
479,664
463
484
484
484
40.87
435
We found 59 numbers that start with the digit 5. Here they are:
5
58,467
595,931
517,723
595,931
52,671
52,221
51,062
50,168
561
509
576
517,723
5,178
5,178
515,359
511,134
5,178
539
524
5,899
573
59
50
5,721
532
52,671
52,221
5,023
52,671
52,221
58
5,000
5,000
5,129
5
52,882
5,761
5,874
5.0
50,000
50,000
5,364
597
515
5,062
5,178
577
517
52,671
52,221
530
522
509
576
576
576
517,054
50,000
We found 37 numbers that start with the digit 6. Here they are:
66,672
6,319
638,411
6,248
62,259
638,411
6,865
6,861
680
6,865
622
60
612
612
67,333
66,672
632
67,333
646
646
6,587
62.88
6.1
619
688
67
60
6,554,770
6,554,770
674
6,935
6,236,721
6,236,721
6,236,721
62.88
60,000
60,000
7's 8's 9's
We found 29 numbers that start with the digit 7. Here they are:
7,181
7,785
7,140
70,689
704
7,684
71
715
76
766
792
704
7.1
754
730
7,881,236
7,696,764
7,696,764
702
712
7,366
7,000
70.83
78
70.05
78
73.0
70.1
711
We found 36 numbers that start with the digit 8. Here they are:
8,381,681
8,381,681
8,381,681
8,381,681
8,381,681
864
862
877
89,597
89,207
870
86,541
89,597
85,552
89,207
823
823
83
84
8,363
81,406
82
829
8,243
8,994
808
87,391
85
82
8,724
85
896,763
8,381,681
8,381,681
800
8,381,681
We found 30 numbers that start with the digit 9. Here they are:
947
935
92
947
93
93
947
918
906
989
96,252
9,736
9,090
92
9,378
9,211
9,000
96
951
91
90,777
926
987
94.9
9631
93
935
92
92
947
While the above IIIV 10Q Filed 2/6/2026 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 2/6/2026 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 2/6/2026
27.9
24.6
12.6
8.9
8.1
5.1
4.0
4.9
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 732

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
10Q Filed 5/9/2025
28.3
24.0
12.3
9.5
6.7
6.1
5.5
3.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 1,152

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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: 95
XBRL? ✓  [ original filing ]
Total numbers found: 1,115

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
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: 78
XBRL? ✓  [ original filing ]
Total numbers found: 1,089

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
10K Filed 11/21/2025
29.8
23.4
10.1
8.3
7.1
6.5
6.6
5.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 1,488

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
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: 92
XBRL? ✓  [ original filing ]
Total numbers found: 1,021

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
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: 94
XBRL? ✓  [ original filing ]
Total numbers found: 1,285

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
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: 93
XBRL? ✓  [ original filing ]
Total numbers found: 982

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
10Q Filed 8/8/2025
29.0
23.1
10.8
8.6
8.0
5.5
6.0
4.6
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 1,174

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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: 87
XBRL? ✓  [ original filing ]
Total numbers found: 1,580

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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: 85
XBRL? ✓  [ original filing ]
Total numbers found: 745

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
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 5/10/2021 to 2/6/2026
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: 98
XBRL? ✓  [ original filing ]
Total numbers found: 1,427

■ = Typical IIIV range from 5/10/2021 to 2/6/2026
DEVS 10Q Filed 3/13/2026:
91
ASPN 10K Filed 3/13/2026:
89
BCAL 10K Filed 3/13/2026:
99
ERNA 10K Filed 3/13/2026:
97
BAYAU 10K Filed 3/13/2026:
49
CDIO 10K Filed 3/13/2026:
47
ANVS 10K Filed 3/13/2026:
62
BMRC 10K Filed 3/13/2026:
89
IPODU 10K Filed 3/13/2026:
51
ICRPRA 10K Filed 3/13/2026:
95
CRVO 10K Filed 3/13/2026:
62
NEXM 10K Filed 3/13/2026:
96
KLC 10K Filed 3/13/2026:
79
HFUS 10Q Filed 3/13/2026:
69
SVBL 10Q Filed 3/13/2026:
26
KAVL 10Q Filed 3/13/2026:
0
FRAF 10K Filed 3/13/2026:
96
NTIP 10K Filed 3/13/2026:
70
BETR 10K Filed 3/13/2026:
94
ONCO 10K Filed 3/13/2026:
94
DYORU 10K Filed 3/13/2026:
58
FSBW 10K Filed 3/13/2026:
97
UHG 10K Filed 3/13/2026:
89
ISBA 10K Filed 3/13/2026:
98
ESQ 10K Filed 3/13/2026:
80
OPBK 10K Filed 3/13/2026:
76
GYRE 10K Filed 3/13/2026:
70
ASAN 10K Filed 3/13/2026:
77
WEYS 10K Filed 3/13/2026:
62
EP 10K Filed 3/13/2026:
81
ALTO 10K Filed 3/13/2026:
97
BPRN 10K Filed 3/13/2026:
85
ELUT 10K Filed 3/13/2026:
91
FOA 10K Filed 3/13/2026:
82
KRT 10K Filed 3/13/2026:
74
ACDC 10K Filed 3/13/2026:
100
LOCO 10K Filed 3/13/2026:
68
WMT 10K Filed 3/13/2026:
88
RDNW 10K Filed 3/13/2026:
95
WOOF 10K Filed 3/13/2026:
88
 

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