GCL Global Holdings vs I3 Verticals
GCL Global Holdings and I3 Verticals are similar in size: $239m and $213m of revenue in their latest fiscal years. GCL Global Holdings grew faster (68.2% against 11.5%). I3 Verticals kept more of each dollar of sales as profit: a net margin of 8.4% against -10.5%.
| Latest fiscal year | GCL Global HoldingsGCL, 2026 | I3 VerticalsIIIV, 2025 |
|---|---|---|
| Revenue | $239m | $213m |
| Revenue growth | 68.2% | 11.5% |
| Net income | −$25.0m | $17.9m |
| Operating margin | -5.6% | — |
| Net margin | -10.5% | 8.4% |
| Return on equity | -68.8% | 4.6% |
| Free cash flow | −$11.6m | $3.8m |
| Cash | $36.6m | $66.7m |
| Total debt | $75.7m | $0 |
| Debt to equity | 205.7% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $37.6m |
| Employees | — | 1,202 |
| Market value | $113m | $355m |
| Price vs our value range | — | — |
| Moat score | — | 42 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 4 sales |