i3 Verticals, Inc. (NASDAQ:IIIV) Q2 2024 Earnings Call Transcript

It’s really a domain by domain expertise. And we’re organized in a fashion that’s domain specific around ERP products or enterprise utilities or code [ph] as an example, and tax considerations. We have, in many cases, 30 or 40 years worth of history and people who have been developing those over time. And so we find it easier to work with customers to show them something that’s tangible and their optionality because they’re able to do things in these systems that they didn’t imagine they’d be able to do because of historic hard coded constraints.

Alex Markgraff: Okay, great. Thank you. And then just one quick one, Clay. Just the sort of confidence level on that license revenue in the fiscal fourth quarter?

Clay Whitson: It is in there. It has been delayed once from Q3 to Q4, but we still believe it will happen in Q4. If it doesn’t, it would be our Q1, but we currently expect it in Q4.

Alex Markgraff: Okay, thank you.

Operator: And at this time, we are showing no further questioners in the queue. And this does conclude our question-and-answer session. I would now like to turn the conference back over to Greg Daily for any closing remarks.

Greg Daily: Thank you. I’d like to thank my team, our team that are out there every day, Celent [ph] thank you. And thanks, everybody on this call for your continued interest and call us if you need anything else. Thank you.

Operator: The conference has now concluded. Thank you for attending today’s presentation, and you may now disconnect.+