Financial Snapshot

Revenue
$851.9M
TTM
Gross Margin
37.2%
TTM
Net Earnings
$4.197M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
103.8%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$58.85M
Q3 2024
Cash
Q3 2024
P/E
173.5
Nov 29, 2024 EST
Free Cash Flow
$41.20M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $755.6M $663.6M $514.9M $404.3M $371.9M $375.8M $382.2M $344.1M $0.00
YoY Change 13.86% 28.89% 27.34% 8.74% -1.06% -1.66% 11.06%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $755.6M $663.6M $514.9M $404.3M $371.9M $375.8M $382.2M $344.1M $0.00
Cost Of Revenue $480.3M $436.8M $359.9M $277.4M $252.6M $269.3M $278.5M
Gross Profit $275.3M $226.9M $155.0M $127.0M $119.3M $106.5M $103.7M
Gross Profit Margin 36.43% 34.19% 30.11% 31.4% 32.08% 28.35% 27.12%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $45.41M $34.97M $28.41M $25.83M $30.80M $32.08M $22.14M $16.86M $0.00
YoY Change 29.88% 23.08% 10.0% -16.14% -4.01% 44.93% 31.32%
% of Gross Profit 16.5% 15.41% 18.33% 20.34% 25.82% 30.11% 21.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.40M $70.68M $49.70M $40.78M $39.09M $19.74M $14.67M $14.73M
YoY Change -3.23% 42.22% 21.88% 4.31% 98.03% 34.52% -0.4%
% of Gross Profit 24.84% 31.15% 32.06% 32.11% 32.77% 18.53% 14.16%
Operating Expenses $45.41M $34.97M $28.41M $383.5M $364.7M $359.4M $347.7M $318.3M $0.00
YoY Change 29.88% 23.08% -92.59% 5.16% 1.46% 3.38% 9.24%
Operating Profit $81.52M $56.17M $33.09M $20.86M $7.184M $16.39M $34.49M $25.84M
YoY Change 45.15% 69.72% 58.64% 190.38% -56.18% -52.48% 33.49%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $76.11M $53.55M $36.49M $44.84M $40.65M $29.90M $25.06M $4.777M
YoY Change 42.11% 46.78% -18.63% 10.3% 35.96% 19.32% 424.56%
% of Operating Profit 93.36% 95.35% 110.25% 214.94% 565.88% 182.39% 72.64% 18.49%
Other Income/Expense, Net -$74.37M -$52.97M -$36.96M $61.10M -$39.94M -$36.72M -$30.66M -$5.654M
YoY Change 40.42% 43.3% -160.5% -252.96% 8.78% 19.78% 442.18%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $7.152M $3.200M -$3.869M $82.00M -$32.80M -$20.30M -$100.0K -$100.0K $0.00
YoY Change 123.5% -182.71% -104.72% -350.0% 61.58% 20200.0% 0.0%
Income Tax $8.463M $5.350M -$5.258M $10.90M $830.0K -$2.490M $0.00 $0.00 $0.00
% Of Pretax Income 118.33% 167.19% 13.29%
Net Earnings -$1.311M -$2.150M $1.389M $25.66M -$33.59M -$17.84M $3.839M $20.19M $0.00
YoY Change -39.02% -254.79% -94.59% -176.4% 88.32% -564.6% -80.98%
Net Earnings / Revenue -0.17% -0.32% 0.27% 6.35% -9.03% -4.75% 1.0% 5.87%
Basic Earnings Per Share -$0.63 -$0.50 -$0.34 $0.38 -$0.50 -$0.29
Diluted Earnings Per Share -$0.63 -$0.50 -$0.34 $0.38 -$0.50 -$0.29 -$43.48K -$58.82K $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $39.60M $18.45M $20.30M $9.200M $3.200M $15.60M $200.0K $400.0K $0.00
YoY Change 114.61% -9.09% 120.65% 187.5% -79.49% 7700.0% -50.0%
Cash & Equivalents $200.0K $400.0K $0.00
Short-Term Investments
Other Short-Term Assets $781.7M $554.4M $524.1M $83.10M $51.70M $22.20M $0.00 $100.0K $200.0K
YoY Change 40.99% 5.78% 530.73% 60.74% 132.88% -100.0% -50.0%
Inventory
Prepaid Expenses
Receivables $58.55M $78.11M $58.42M $41.30M $38.00M $36.30M
Other Receivables $1.468M $1.471M $272.0K $2.200M $1.300M $900.0K
Total Short-Term Assets $881.3M $652.5M $603.1M $135.9M $94.20M $75.10M $200.0K $400.0K $200.0K
YoY Change 35.07% 8.18% 343.81% 44.27% 25.43% 37450.0% -50.0% 100.0%
Property, Plant & Equipment $50.11M $39.28M $31.50M $22.90M $23.50M $17.50M
YoY Change 27.56% 24.72% 37.53% -2.55% 34.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $30.76M $20.29M $11.26M $48.70M $50.00M $51.70M $55.10M $54.70M
YoY Change 51.57% 80.22% -76.88% -2.6% -3.29% -6.17% 0.73%
Total Long-Term Assets $734.0M $720.9M $748.8M $281.9M $370.3M $304.2M $55.10M $54.80M $0.00
YoY Change 1.82% -3.73% 165.63% -23.87% 21.73% 452.09% 0.55%
Total Assets $1.615B $1.373B $1.352B $417.8M $464.5M $379.3M $55.30M $55.20M $200.0K
YoY Change
Accounts Payable $11.00M $6.513M $30.56M $4.300M $7.000M $8.000M $300.0K $100.0K
YoY Change 68.94% -78.69% 610.72% -38.57% -12.5% 2566.67% 200.0%
Accrued Expenses $74.67M $81.33M $41.49M $31.90M $30.20M $31.90M $0.00 $0.00
YoY Change -8.2% 96.0% 30.08% 5.63% -5.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K
YoY Change -100.0%
Long-Term Debt Due $6.712M $6.200M $6.200M $19.40M $4.000M $3.300M
YoY Change 8.26% 0.0% -68.04% 385.0% 21.21%
Total Short-Term Liabilities $852.1M $630.0M $583.6M $148.8M $93.00M $63.30M $400.0K $200.0K $200.0K
YoY Change 35.25% 7.96% 292.18% 60.0% 46.92% 15725.0% 100.0% 0.0%
Long-Term Debt $632.0M $598.9M $604.1M $357.9M $485.6M $402.1M $0.00 $0.00 $0.00
YoY Change 5.52% -0.86% 68.79% -26.3% 20.77%
Other Long-Term Liabilities $18.76M $11.64M $18.35M $9.700M $6.600M $7.900M $1.100M $1.100M
YoY Change 61.15% -36.55% 89.16% 46.97% -16.46% 618.18% 0.0%
Total Long-Term Liabilities $650.7M $610.6M $622.5M $367.6M $492.2M $410.0M $1.100M $1.100M $0.00
YoY Change 6.58% -1.91% 69.33% -25.31% 20.05% 37172.73% 0.0%
Total Liabilities $1.504B $1.242B $1.206B $516.4M $590.8M $473.3M $1.500M $1.200M $200.0K
YoY Change 21.15% 2.97% 133.54% -12.59% 24.83% 31453.33% 25.0% 500.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 78.33M shares 78.23M shares 71.90M shares 67.16M shares 67.09M shares 61.61M shares
Diluted Shares Outstanding 78.33M shares 78.23M shares 71.90M shares 67.26M shares 67.09M shares 61.61M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $727.98 Million

About Priority Technology Holdings, Inc.

Priority Technology Holdings, Inc. engages in the provision of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. The company is headquartered in Alpharetta, Georgia and currently employs 974 full-time employees. The company went IPO on 2016-09-14. The firm has three segments. SMB Acquiring Solutions segment provides full-service acquiring and payment-enabled solutions for business-to-consumer transactions, leveraging its proprietary software platform, distributed through independent sales organizations (ISO), direct sales and vertically focused independent software vendor (ISV) channels. B2B Payables segment provides accounts payable (AP) automation solutions to corporations, software partners and industry financial institutions (FI), including Citibank and Mastercard. Enterprise Payments and BaaS segment provides embedded finance and BaaS solutions for customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.

Industry: Services-Business Services, NEC Peers: Paysign, Inc. CANTALOUPE, INC. CASS INFORMATION SYSTEMS INC i3 Verticals, Inc. IBEX Ltd REGO PAYMENT ARCHITECTURES, INC. Startek, Inc. VISA INC.