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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

ATLANTIC AMERICAN CORP is the larger business by last-quarter revenue ($53.8M vs $52.7M, roughly 1.0× i3 Verticals, Inc.). ATLANTIC AMERICAN CORP runs the higher net margin — 1.1% vs 0.9%, a 0.2% gap on every dollar of revenue. On growth, ATLANTIC AMERICAN CORP posted the faster year-over-year revenue change (20.8% vs -14.6%). i3 Verticals, Inc. produced more free cash flow last quarter ($13.8M vs $6.6M). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs -4.7%).

The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

AAME vs IIIV — Head-to-Head

Bigger by revenue
AAME
AAME
1.0× larger
AAME
$53.8M
$52.7M
IIIV
Growing faster (revenue YoY)
AAME
AAME
+35.4% gap
AAME
20.8%
-14.6%
IIIV
Higher net margin
AAME
AAME
0.2% more per $
AAME
1.1%
0.9%
IIIV
More free cash flow
IIIV
IIIV
$7.2M more FCF
IIIV
$13.8M
$6.6M
AAME
Faster 2-yr revenue CAGR
AAME
AAME
Annualised
AAME
7.2%
-4.7%
IIIV

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
AAME
AAME
IIIV
IIIV
Revenue
$53.8M
$52.7M
Net Profit
$577.0K
$484.0K
Gross Margin
Operating Margin
1.4%
3.1%
Net Margin
1.1%
0.9%
Revenue YoY
20.8%
-14.6%
Net Profit YoY
128.9%
-76.5%
EPS (diluted)
$0.02
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAME
AAME
IIIV
IIIV
Q4 25
$52.7M
Q3 25
$53.8M
$46.0M
Q2 25
$55.3M
$51.9M
Q1 25
$50.1M
$63.1M
Q4 24
$49.0M
$52.2M
Q3 24
$44.5M
$32.0M
Q2 24
$47.7M
$46.2M
Q1 24
$47.0M
$58.0M
Net Profit
AAME
AAME
IIIV
IIIV
Q4 25
$484.0K
Q3 25
$577.0K
$3.1M
Q2 25
$3.3M
$12.9M
Q1 25
$802.0K
$-154.0K
Q4 24
$412.0K
$2.1M
Q3 24
$-2.0M
$117.9M
Q2 24
$-684.0K
$-7.5M
Q1 24
$-2.0M
$1.9M
Operating Margin
AAME
AAME
IIIV
IIIV
Q4 25
3.1%
Q3 25
1.4%
3.2%
Q2 25
7.6%
-9.3%
Q1 25
2.1%
8.0%
Q4 24
1.1%
3.9%
Q3 24
-5.5%
10.6%
Q2 24
-1.8%
-2.8%
Q1 24
-5.3%
3.4%
Net Margin
AAME
AAME
IIIV
IIIV
Q4 25
0.9%
Q3 25
1.1%
6.7%
Q2 25
6.0%
24.8%
Q1 25
1.6%
-0.2%
Q4 24
0.8%
3.9%
Q3 24
-4.5%
368.2%
Q2 24
-1.4%
-16.3%
Q1 24
-4.3%
3.2%
EPS (diluted)
AAME
AAME
IIIV
IIIV
Q4 25
$0.02
Q3 25
$0.02
$0.14
Q2 25
$0.15
$0.50
Q1 25
$0.03
$0.00
Q4 24
$0.01
$0.08
Q3 24
$-0.10
$4.93
Q2 24
$-0.04
$-0.32
Q1 24
$-0.10
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAME
AAME
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$34.4M
$37.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$109.5M
$358.5M
Total Assets
$430.9M
$595.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAME
AAME
IIIV
IIIV
Q4 25
$37.5M
Q3 25
$34.4M
$66.7M
Q2 25
$46.4M
$55.5M
Q1 25
$35.9M
$7.7M
Q4 24
$35.6M
$85.6M
Q3 24
$23.0M
$86.5M
Q2 24
$21.2M
$9.7M
Q1 24
$21.2M
$3.1M
Total Debt
AAME
AAME
IIIV
IIIV
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$12.0M
Q4 24
$26.2M
Q3 24
$26.2M
Q2 24
$374.1M
Q1 24
$369.6M
Stockholders' Equity
AAME
AAME
IIIV
IIIV
Q4 25
$358.5M
Q3 25
$109.5M
$389.6M
Q2 25
$106.2M
$383.3M
Q1 25
$102.4M
$385.2M
Q4 24
$99.6M
$375.0M
Q3 24
$105.8M
$379.7M
Q2 24
$100.7M
$249.7M
Q1 24
$102.8M
$249.3M
Total Assets
AAME
AAME
IIIV
IIIV
Q4 25
$595.9M
Q3 25
$430.9M
$638.4M
Q2 25
$429.3M
$623.3M
Q1 25
$388.4M
$646.4M
Q4 24
$393.4M
$726.2M
Q3 24
$387.0M
$730.7M
Q2 24
$386.0M
$861.7M
Q1 24
$365.8M
$625.8M
Debt / Equity
AAME
AAME
IIIV
IIIV
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.03×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
1.50×
Q1 24
1.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAME
AAME
IIIV
IIIV
Operating Cash FlowLast quarter
$6.6M
$14.1M
Free Cash FlowOCF − Capex
$6.6M
$13.8M
FCF MarginFCF / Revenue
12.3%
26.2%
Capex IntensityCapex / Revenue
0.1%
0.6%
Cash ConversionOCF / Net Profit
11.51×
29.18×
TTM Free Cash FlowTrailing 4 quarters
$19.3M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAME
AAME
IIIV
IIIV
Q4 25
$14.1M
Q3 25
$6.6M
$14.0M
Q2 25
$9.3M
$7.4M
Q1 25
$-722.0K
$-27.1M
Q4 24
$4.8M
$11.5M
Q3 24
$90.0K
$15.1M
Q2 24
$416.0K
$8.1M
Q1 24
$-5.3M
$10.7M
Free Cash Flow
AAME
AAME
IIIV
IIIV
Q4 25
$13.8M
Q3 25
$6.6M
$13.5M
Q2 25
$9.1M
$6.8M
Q1 25
$-986.0K
$-27.6M
Q4 24
$4.6M
$11.0M
Q3 24
$58.0K
$14.6M
Q2 24
$361.0K
$7.2M
Q1 24
$-5.4M
$9.9M
FCF Margin
AAME
AAME
IIIV
IIIV
Q4 25
26.2%
Q3 25
12.3%
29.5%
Q2 25
16.5%
13.1%
Q1 25
-2.0%
-43.8%
Q4 24
9.3%
21.1%
Q3 24
0.1%
45.6%
Q2 24
0.8%
15.6%
Q1 24
-11.4%
17.1%
Capex Intensity
AAME
AAME
IIIV
IIIV
Q4 25
0.6%
Q3 25
0.1%
0.9%
Q2 25
0.3%
1.0%
Q1 25
0.5%
0.8%
Q4 24
0.5%
0.9%
Q3 24
0.1%
1.7%
Q2 24
0.1%
1.9%
Q1 24
0.1%
1.4%
Cash Conversion
AAME
AAME
IIIV
IIIV
Q4 25
29.18×
Q3 25
11.51×
4.52×
Q2 25
2.80×
0.57×
Q1 25
-0.90×
Q4 24
11.65×
5.59×
Q3 24
0.13×
Q2 24
Q1 24
5.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAME
AAME

Bankers Fidelity$30.0M56%
American Southern$23.7M44%

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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