Priority Technology (PRTH) Financials

$7.57 -0.23 (-2.95%)

Closing price 04:00 PM Eastern

Extended Trading

$7.56 -0.01 (-0.13%)

As of 04:05 PM Eastern

Annual Income Statements for Priority Technology

This table shows Priority Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-39	-49	-24
Consolidated Net Income / (Loss)	-2.15	-1.31	24
Net Income / (Loss) Continuing Operations	-2.15	-1.31	24
Total Pre-Tax Income	3.20	7.15	37
Total Operating Income	56	82	133
Total Gross Profit	162	195	239
Total Revenue	664	756	880
Operating Revenue	664	756	880
Total Cost of Revenue	502	560	641
Operating Cost of Revenue	502	560	641
Total Operating Expenses	106	114	105
Selling, General & Admin Expense	35	45	47
Depreciation Expense	71	68	58
Total Other Income / (Expense), net	-53	-74	-96
Interest Expense	54	76	89
Other Income / (Expense), net	0.59	1.74	-7.19
Income Tax Expense	5.35	8.46	13
Preferred Stock Dividends Declared	37	48	47
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	0.64
Basic Earnings per Share	($0.50)	($0.63)	($0.31)
Weighted Average Basic Shares Outstanding	78.23M	78.33M	77.99M
Diluted Earnings per Share	($0.50)	($0.63)	($0.31)
Weighted Average Diluted Shares Outstanding	78.23M	78.33M	77.99M
Weighted Average Basic & Diluted Shares Outstanding	78.89M	75.79M	79.52M

This table shows Priority Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-10	-12	-12	-12	-12	-13	-8.05	-18	5.49	-3.77
Consolidated Net Income / (Loss)	-0.79	-1.31	-0.51	-0.61	-0.09	-0.11	5.19	0.99	11	7.22
Net Income / (Loss) Continuing Operations	-0.79	-1.31	-0.51	-0.61	-0.09	-0.11	5.19	0.99	11	7.22
Total Pre-Tax Income	0.90	2.21	-0.64	1.74	4.24	1.81	7.78	3.51	16	10
Total Operating Income	14	18	17	19	24	22	28	33	38	34
Total Gross Profit	42	44	44	48	52	51	54	60	64	61
Total Revenue	166	178	185	182	189	199	206	220	227	227
Operating Revenue	166	178	185	182	189	199	206	220	227	227
Total Cost of Revenue	124	133	141	134	137	148	151	160	163	166
Operating Cost of Revenue	124	133	141	134	137	148	151	160	163	166
Total Operating Expenses	28	26	27	29	29	29	26	26	26	27
Selling, General & Admin Expense	10	7.94	9.12	11	11	14	11	11	12	13
Depreciation Expense	18	18	18	18	17	15	15	15	14	14
Total Other Income / (Expense), net	-13	-16	-17	-17	-19	-20	-20	-30	-23	-24
Interest Expense	13	16	18	18	20	21	21	22	23	23
Other Income / (Expense), net	0.23	0.28	0.21	0.38	0.73	0.42	0.63	-7.96	0.67	-0.54
Income Tax Expense	1.69	3.52	-0.13	2.36	4.33	1.91	2.58	2.52	4.90	3.27
Preferred Stock Dividends Declared	9.47	10	11	12	12	12	13	19	5.12	11
Basic Earnings per Share	($0.13)	($0.15)	($0.15)	($0.16)	($0.16)	($0.16)	($0.10)	($0.23)	$0.07	($0.05)
Weighted Average Basic Shares Outstanding	77.98M	78.23M	78.13M	78.29M	78.38M	78.33M	78.02M	77.74M	77.97M	77.99M
Diluted Earnings per Share	($0.13)	($0.15)	($0.15)	($0.16)	($0.16)	($0.16)	($0.10)	($0.23)	$0.07	($0.05)
Weighted Average Diluted Shares Outstanding	77.98M	78.23M	78.13M	78.29M	78.38M	78.33M	78.02M	77.74M	80.10M	77.99M
Weighted Average Basic & Diluted Shares Outstanding	76.00M	78.89M	76.50M	76.57M	76.72M	75.79M	80.07M	76.83M	77.17M	79.52M

This table details how cash moves in and out of Priority Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	43	236	198
Net Cash From Operating Activities	71	81	86
Net Cash From Continuing Operating Activities	71	81	86
Net Income / (Loss) Continuing Operations	-2.15	-1.31	24
Consolidated Net Income / (Loss)	-2.15	-1.31	24
Depreciation Expense	71	68	58
Amortization Expense	3.52	3.85	2.74
Non-Cash Adjustments To Reconcile Net Income	4.28	3.04	15
Changes in Operating Assets and Liabilities, net	-5.81	7.29	-14
Net Cash From Investing Activities	-37	-56	-36
Net Cash From Continuing Investing Activities	-37	-56	-36
Purchase of Property, Plant & Equipment	-19	-21	-22
Acquisitions	-13	-35	-10
Purchase of Investments	-4.66	0.38	-3.36
Net Cash From Financing Activities	8.50	210	148
Net Cash From Continuing Financing Activities	8.50	210	148
Repayment of Debt	-38	-64	-667
Repurchase of Preferred Equity	0.00	0.00	-280
Repurchase of Common Equity	-7.47	-1.26	-1.54
Payment of Dividends	-11	-25	-24
Issuance of Debt	30	94	945
Other Financing Activities, net	36	206	174
Cash Interest Paid	47	76	82
Cash Income Taxes Paid	6.74	13	19

This table details how cash moves in and out of Priority Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	3.20	21	78	100	0.57	57	-4.64	44	82	76
Net Cash From Operating Activities	20	20	28	19	26	8.58	13	29	20	24
Net Cash From Continuing Operating Activities	20	20	28	19	26	8.58	13	29	20	24
Net Income / (Loss) Continuing Operations	-0.79	-1.31	-0.51	-0.61	-0.09	-0.11	5.19	0.99	11	7.22
Consolidated Net Income / (Loss)	-0.79	-1.31	-0.51	-0.61	-0.09	-0.11	5.19	0.99	11	7.22
Depreciation Expense	18	18	18	18	17	15	15	15	14	14
Amortization Expense	0.89	0.91	0.90	0.92	0.99	1.04	1.07	0.76	0.43	0.49
Non-Cash Adjustments To Reconcile Net Income	3.27	1.57	2.04	1.43	4.68	-5.11	1.27	8.94	2.69	1.76
Changes in Operating Assets and Liabilities, net	-0.96	0.79	7.20	-0.54	2.97	-2.33	-9.47	2.76	-7.61	0.48
Net Cash From Investing Activities	-8.36	-15	-7.58	-5.50	-38	-4.52	-7.67	-13	-4.14	-11
Net Cash From Continuing Investing Activities	-8.36	-15	-7.58	-5.50	-38	-4.52	-7.67	-13	-4.14	-11
Purchase of Property, Plant & Equipment	-5.37	-7.50	-5.05	-4.82	-5.40	-5.99	-6.61	-5.11	-5.33	-4.65
Acquisitions	-2.49	-6.49	-2.72	-	-33	1.24	0.00	-7.47	-	-3.02
Purchase of Investments	-0.50	-1.41	0.18	-0.68	0.65	0.23	-1.06	-0.35	1.19	-3.15
Net Cash From Financing Activities	-8.66	17	58	87	13	53	-10	28	67	63
Net Cash From Continuing Financing Activities	-8.66	17	58	87	13	53	-10	28	67	63
Repayment of Debt	-21	-1.55	-7.55	-7.98	-13	-35	-1.68	-660	-1.43	-3.15
Repurchase of Preferred Equity	-	-	-	-	-	-	-	-	-	-112
Repurchase of Common Equity	-2.60	-2.79	-0.78	-0.24	-	-0.24	-0.42	-2.31	-0.60	1.80
Payment of Dividends	-4.40	0.02	-11	-6.47	-	-6.81	-7.03	-9.37	-5.71	-1.55
Issuance of Debt	11	6.50	-	-	39	50	-	-	-	115
Other Financing Activities, net	8.39	14	77	96	-13	45	-1.15	38	74	63
Cash Interest Paid	12	14	16	19	19	21	18	17	17	29
Cash Income Taxes Paid	-	6.74	0.00	-	-	13	0.00	-	-	19

This table presents Priority Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,373	1,615	1,827
Total Current Assets	652	881	1,105
Cash & Equivalents	18	40	59
Restricted Cash	11	12	11
Note & Lease Receivable	1.47	1.47	3.64
Accounts Receivable	78	59	68
Prepaid Expenses	12	13	23
Other Current Assets	532	756	941
Plant, Property, & Equipment, net	35	45	52
Total Noncurrent Assets	686	689	669
Noncurrent Note & Lease Receivables	3.19	3.73	4.92
Goodwill	369	376	376
Intangible Assets	289	273	241
Noncurrent Deferred & Refundable Income Taxes	16	23	25
Other Noncurrent Operating Assets	8.44	14	23
Total Liabilities & Shareholders' Equity	1,373	1,615	1,827
Total Liabilities	1,241	1,503	1,992
Total Current Liabilities	630	852	1,052
Short-Term Debt	6.20	6.71	9.50
Accounts Payable	52	53	62
Accrued Expenses	36	33	38
Customer Deposits	2.62	3.93	2.25
Other Current Liabilities	533	756	940
Total Noncurrent Liabilities	611	651	940
Long-Term Debt	599	632	921
Other Noncurrent Operating Liabilities	12	19	19
Commitments & Contingencies	0.00	0.00	0.00
Redeemable Noncontrolling Interest	236	259	0.00
Total Equity & Noncontrolling Interests	-103	-146	-165
Total Preferred & Common Equity	-104	-148	-167
Preferred Stock	0.00	0.00	0.00
Total Common Equity	-104	-148	-167
Common Stock	9.73	0.08	0.08
Retained Earnings	-102	-135	-147
Treasury Stock	-12	-13	-20
Accumulated Other Comprehensive Income / (Loss)	0.00	-0.03	-0.18
Noncontrolling Interest	1.26	1.65	1.82

This table presents Priority Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	1,350	1,446	1,532	1,563	1,610	1,673	1,760
Total Current Assets	628	729	818	827	882	937	1,029
Cash & Equivalents	13	16	18	25	34	35	41
Restricted Cash	12	11	12	14	13	13	13
Note & Lease Receivable	0.99	1.58	2.53	1.56	1.97	2.19	2.57
Accounts Receivable	70	78	60	61	67	66	73
Prepaid Expenses	17	10	15	13	14	19	19
Other Current Assets	517	612	711	712	753	802	879
Plant, Property, & Equipment, net	30	37	39	42	48	50	52
Total Noncurrent Assets	692	680	675	695	679	687	679
Noncurrent Note & Lease Receivables	2.07	3.07	3.02	3.62	4.55	5.00	3.73
Goodwill	365	369	369	376	376	376	376
Intangible Assets	302	277	269	285	262	259	249
Noncurrent Deferred & Refundable Income Taxes	12	22	26	19	24	26	25
Other Noncurrent Operating Assets	10	8.46	8.15	11	13	21	25
Total Liabilities & Shareholders' Equity	1,350	1,446	1,532	1,563	1,610	1,673	1,760
Total Liabilities	1,217	1,324	1,416	1,445	1,498	1,738	1,819
Total Current Liabilities	610	720	814	810	850	913	991
Short-Term Debt	6.20	6.20	6.20	6.20	6.71	8.35	8.35
Accounts Payable	51	57	60	56	49	67	67
Accrued Expenses	33	41	35	31	36	36	36
Customer Deposits	-	-	-	-	4.09	3.57	4.21
Other Current Liabilities	517	613	711	710	754	799	876
Total Noncurrent Liabilities	607	604	602	635	648	825	827
Long-Term Debt	593	592	590	617	631	809	808
Other Noncurrent Operating Liabilities	14	12	12	19	17	15	19
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	225	235	241	253	270	106	105
Total Equity & Noncontrolling Interests	-92	-114	-125	-135	-158	-170	-164
Total Preferred & Common Equity	-92	-115	-125	-136	-160	-172	-166
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-92	-115	-125	-136	-160	-172	-166
Common Stock	18	0.40	0.08	0.08	0.08	0.08	0.08
Retained Earnings	-101	-103	-113	-124	-141	-153	-147
Treasury Stock	-8.77	-12	-13	-13	-18	-19	-19
Accumulated Other Comprehensive Income / (Loss)	-	0.02	0.03	-0.03	-0.04	-0.04	-0.07
Noncontrolling Interest	-	0.85	0.85	1.37	1.75	1.83	1.89

This table displays calculated financial ratios and metrics derived from Priority Technology's official financial filings.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-
Revenue Growth	28.89%	13.86%	16.42%
EBITDA Growth	54.76%	18.75%	20.26%
EBIT Growth	74.01%	46.70%	51.61%
NOPAT Growth	-262.90%	60.40%	675.12%
Net Income Growth	-254.79%	39.02%	1,931.81%
EPS Growth	-47.06%	-26.00%	50.79%
Operating Cash Flow Growth	652.03%	15.23%	5.36%
Free Cash Flow Firm Growth	91.98%	85.46%	1,664.03%
Invested Capital Growth	0.26%	-1.30%	-0.57%
Revenue Q/Q Growth	5.32%	2.96%	3.26%
EBITDA Q/Q Growth	-1.17%	0.77%	5.24%
EBIT Q/Q Growth	-3.71%	5.02%	9.69%
NOPAT Q/Q Growth	-154.73%	42.30%	21.39%
Net Income Q/Q Growth	-116.22%	47.91%	43.90%
EPS Q/Q Growth	-138.10%	-1.61%	26.19%
Operating Cash Flow Q/Q Growth	12.83%	-12.29%	21.56%
Free Cash Flow Firm Q/Q Growth	-148.76%	75.82%	17.05%
Invested Capital Q/Q Growth	-0.34%	-1.34%	-1.06%
Profitability Metrics	-	-	-
Gross Margin	24.38%	25.85%	27.15%
EBITDA Margin	19.73%	20.58%	21.26%
Operating Margin	8.46%	10.79%	15.17%
EBIT Margin	8.55%	11.02%	14.35%
Profit (Net Income) Margin	-0.32%	-0.17%	2.73%
Tax Burden Percent	-67.19%	-18.33%	64.42%
Interest Burden Percent	5.64%	8.59%	29.53%
Effective Tax Rate	167.19%	118.33%	35.58%
Return on Invested Capital (ROIC)	-5.33%	-2.12%	12.32%
ROIC Less NNEP Spread (ROIC-NNEP)	0.93%	0.22%	3.76%
Return on Net Nonoperating Assets (RNNOA)	3.79%	1.05%	-103.83%
Return on Equity (ROE)	-1.54%	-1.07%	-91.51%
Cash Return on Invested Capital (CROIC)	-5.59%	-0.82%	12.89%
Operating Return on Assets (OROA)	4.17%	5.57%	7.33%
Return on Assets (ROA)	-0.16%	-0.09%	1.40%
Return on Common Equity (ROCE)	0.93%	1.10%	-548.48%
Return on Equity Simple (ROE_SIMPLE)	2.07%	0.89%	-14.39%
Net Operating Profit after Tax (NOPAT)	-38	-15	86
NOPAT Margin	-5.69%	-1.98%	9.77%
Net Nonoperating Expense Percent (NNEP)	-6.26%	-2.34%	8.55%
Return On Investment Capital (ROIC_SIMPLE)	-7.51%	-3.03%	11.23%
Cost of Revenue to Revenue	75.62%	74.15%	72.85%
SG&A Expenses to Revenue	5.27%	6.01%	5.39%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.92%	15.06%	11.99%
Earnings before Interest and Taxes (EBIT)	57	83	126
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	131	156	187
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.60	0.36	1.03
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.71	1.60	2.54
Enterprise Value to Revenue (EV/Rev)	1.83	1.48	2.01
Enterprise Value to EBITDA (EV/EBITDA)	9.26	7.21	9.46
Enterprise Value to EBIT (EV/EBIT)	21.37	13.46	14.02
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	20.59
Enterprise Value to Operating Cash Flow (EV/OCF)	17.20	13.79	20.67
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	19.67
Leverage & Solvency	-	-	-
Debt to Equity	4.56	5.68	-5.64
Long-Term Debt to Equity	4.51	5.62	-5.58
Financial Leverage	4.08	4.74	-27.59
Leverage Ratio	9.78	12.18	-65.59
Compound Leverage Factor	0.55	1.05	-19.37
Debt to Total Capital	82.00%	85.02%	121.56%
Short-Term Debt to Total Capital	0.84%	0.89%	1.24%
Long-Term Debt to Total Capital	81.16%	84.13%	120.32%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	32.09%	34.64%	0.24%
Common Equity to Total Capital	-14.10%	-19.66%	-21.80%
Debt to EBITDA	4.62	4.11	4.98
Net Debt to EBITDA	4.40	3.78	4.60
Long-Term Debt to EBITDA	4.57	4.06	4.92
Debt to NOPAT	-16.04	-42.74	10.83
Net Debt to NOPAT	-15.27	-39.29	10.01
Long-Term Debt to NOPAT	-15.87	-42.29	10.71
Altman Z-Score	0.73	0.65	0.91
Noncontrolling Interest Sharing Ratio	160.38%	202.62%	-499.34%
Liquidity Ratios	-	-	-
Current Ratio	1.04	1.03	1.05
Quick Ratio	0.16	0.12	0.12
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-40	-5.75	90
Operating Cash Flow to CapEx	373.47%	382.27%	394.64%
Free Cash Flow to Firm to Interest Expense	-0.74	-0.08	1.01
Operating Cash Flow to Interest Expense	1.32	1.07	0.96
Operating Cash Flow Less CapEx to Interest Expense	0.96	0.79	0.72
Efficiency Ratios	-	-	-
Asset Turnover	0.49	0.51	0.51
Accounts Receivable Turnover	9.72	11.06	13.91
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	22.15	19.04	18.11
Accounts Payable Turnover	10.63	10.72	11.17
Days Sales Outstanding (DSO)	37.55	33.01	26.25
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	34.33	34.04	32.69
Cash Conversion Cycle (CCC)	3.22	-1.03	-6.44
Capital & Investment Metrics	-	-	-
Invested Capital	709	700	696
Invested Capital Turnover	0.94	1.07	1.26
Increase / (Decrease) in Invested Capital	1.82	-9.19	-4.02
Enterprise Value (EV)	1,213	1,121	1,769
Market Capitalization	400	273	907
Book Value per Share	($1.37)	($1.93)	($2.16)
Tangible Book Value per Share	($10.03)	($10.39)	($10.16)
Total Capital	738	751	765
Total Debt	605	639	930
Total Long-Term Debt	599	632	921
Net Debt	576	587	861
Capital Expenditures (CapEx)	19	21	22
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.37	-16	-6.77
Debt-free Net Working Capital (DFNWC)	29	36	63
Net Working Capital (NWC)	22	29	53
Net Nonoperating Expense (NNE)	-36	-14	62
Net Nonoperating Obligations (NNO)	576	587	861
Total Depreciation and Amortization (D&A)	74	72	61
Debt-free, Cash-free Net Working Capital to Revenue	-0.06%	-2.06%	-0.77%
Debt-free Net Working Capital to Revenue	4.32%	4.76%	7.15%
Net Working Capital to Revenue	3.39%	3.87%	6.07%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.50)	($0.63)	($0.31)
Adjusted Weighted Average Basic Shares Outstanding	78.23M	78.33M	77.99M
Adjusted Diluted Earnings per Share	($0.50)	($0.63)	($0.31)
Adjusted Weighted Average Diluted Shares Outstanding	78.23M	78.33M	77.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	78.89M	75.79M	79.52M
Normalized Net Operating Profit after Tax (NOPAT)	39	57	86
Normalized NOPAT Margin	5.92%	7.55%	9.77%
Pre Tax Income Margin	0.48%	0.95%	4.24%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	1.06	1.09	1.42
NOPAT to Interest Expense	-0.70	-0.20	0.97
EBIT Less CapEx to Interest Expense	0.71	0.81	1.18
NOPAT Less CapEx to Interest Expense	-1.06	-0.48	0.72
Payout Ratios	-	-	-
Dividend Payout Ratio	-532.98%	-1,885.43%	98.46%
Augmented Payout Ratio	-880.33%	-1,981.24%	104.87%

This table displays calculated financial ratios and metrics derived from Priority Technology's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.56%	23.26%	20.74%	9.53%	13.58%	12.24%	11.18%	20.61%	20.12%	13.94%
EBITDA Growth	55.95%	-3.97%	23.84%	22.08%	28.70%	3.19%	24.89%	7.32%	24.50%	24.15%
EBIT Growth	70.45%	-10.58%	56.84%	49.04%	69.37%	21.52%	67.97%	29.28%	59.89%	49.65%
NOPAT Growth	34.00%	-152.29%	55.63%	-235.14%	96.11%	88.06%	58.70%	239.88%	5,502.94%	1,917.66%
Net Income Growth	-44.26%	-109.31%	-51.95%	-313.24%	89.02%	91.92%	1,126.28%	262.42%	12,293.10%	6,911.32%
EPS Growth	-44.44%	-207.14%	-36.36%	-45.45%	-23.08%	-6.67%	33.33%	-43.75%	143.75%	68.75%
Operating Cash Flow Growth	180.34%	67.11%	187.91%	-7.44%	27.68%	-57.03%	-51.92%	49.64%	-23.15%	177.02%
Free Cash Flow Firm Growth	99.95%	97.45%	107.28%	105.74%	800.22%	162.47%	-67.86%	-147.75%	1,875.22%	248.28%
Invested Capital Growth	-1.68%	0.26%	-3.44%	-4.03%	-0.30%	-1.30%	1.00%	2.91%	-0.85%	-0.57%
Revenue Q/Q Growth	-0.01%	6.69%	4.21%	-1.48%	3.69%	5.43%	3.23%	6.88%	3.27%	0.01%
EBITDA Q/Q Growth	4.95%	13.23%	-3.69%	6.66%	10.64%	-9.21%	16.56%	-8.34%	28.36%	-9.47%
EBIT Q/Q Growth	9.34%	29.11%	-7.67%	14.35%	24.25%	-7.36%	27.62%	-11.99%	53.67%	-13.29%
NOPAT Q/Q Growth	-349.53%	12.70%	208.91%	-156.96%	92.82%	-168.08%	1,547.88%	-49.79%	177.24%	-9.81%
Net Income Q/Q Growth	-375.96%	-65.66%	61.43%	-20.95%	85.78%	-21.84%	4,999.06%	-80.86%	967.20%	-31.94%
EPS Q/Q Growth	-18.18%	-15.38%	0.00%	-6.67%	0.00%	0.00%	37.50%	-130.00%	130.43%	-171.43%
Operating Cash Flow Q/Q Growth	-2.40%	-1.31%	38.66%	-30.70%	34.64%	-66.79%	55.17%	115.68%	-30.85%	19.71%
Free Cash Flow Firm Q/Q Growth	99.94%	-5,345.98%	389.56%	-39.63%	-92.64%	385.87%	48.97%	-189.70%	404.22%	-14.33%
Invested Capital Q/Q Growth	-0.44%	-0.34%	-1.80%	-1.51%	3.44%	-1.34%	0.48%	0.35%	-0.35%	-1.06%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	25.28%	24.86%	23.79%	26.28%	27.62%	25.70%	26.38%	27.12%	28.29%	26.75%
EBITDA Margin	19.84%	21.06%	19.46%	21.07%	22.48%	19.36%	21.86%	18.75%	23.30%	21.09%
Operating Margin	8.46%	10.25%	9.11%	10.50%	12.44%	11.06%	13.62%	15.09%	16.77%	15.03%
EBIT Margin	8.60%	10.41%	9.22%	10.70%	12.82%	11.27%	13.93%	11.47%	17.07%	14.80%
Profit (Net Income) Margin	-0.48%	-0.74%	-0.27%	-0.34%	-0.05%	-0.05%	2.52%	0.45%	4.67%	3.18%
Tax Burden Percent	-88.10%	-59.50%	79.19%	-35.11%	-2.05%	-5.87%	66.79%	28.33%	68.41%	68.83%
Interest Burden Percent	6.28%	11.93%	-3.75%	8.93%	17.50%	8.05%	27.13%	13.91%	40.02%	31.22%
Effective Tax Rate	188.10%	159.50%	0.00%	135.11%	102.05%	105.87%	33.21%	71.67%	31.59%	31.17%
Return on Invested Capital (ROIC)	-6.55%	-5.72%	6.26%	-3.74%	-0.26%	-0.70%	10.10%	5.00%	13.84%	13.05%
ROIC Less NNEP Spread (ROIC-NNEP)	-4.56%	-4.04%	4.12%	-2.68%	-0.20%	-0.49%	7.78%	3.75%	11.56%	10.80%
Return on Net Nonoperating Assets (RNNOA)	-20.12%	-16.50%	17.90%	-11.96%	-0.91%	-2.33%	38.79%	97.36%	264.27%	-297.92%
Return on Equity (ROE)	-26.67%	-22.21%	24.16%	-15.71%	-1.18%	-3.03%	48.89%	102.36%	278.11%	-284.87%
Cash Return on Invested Capital (CROIC)	11.31%	-5.59%	-2.83%	-3.35%	-3.35%	-0.82%	2.74%	2.44%	10.88%	12.89%
Operating Return on Assets (OROA)	4.04%	5.07%	4.59%	5.26%	6.46%	5.70%	7.08%	5.82%	8.75%	7.56%
Return on Assets (ROA)	-0.22%	-0.36%	-0.14%	-0.17%	-0.02%	-0.03%	1.28%	0.23%	2.40%	1.63%
Return on Common Equity (ROCE)	16.63%	13.41%	-16.96%	12.61%	1.07%	3.11%	-57.44%	-590.86%	-1,419.38%	-1,707.33%
Return on Equity Simple (ROE_SIMPLE)	-14.43%	0.00%	2.03%	2.57%	1.85%	0.00%	-2.74%	-3.48%	-10.06%	0.00%
Net Operating Profit after Tax (NOPAT)	-12	-11	12	-6.72	-0.48	-1.29	19	9.40	26	23
NOPAT Margin	-7.45%	-6.10%	6.37%	-3.69%	-0.26%	-0.65%	9.10%	4.27%	11.47%	10.35%
Net Nonoperating Expense Percent (NNEP)	-1.99%	-1.67%	2.14%	-1.07%	-0.07%	-0.20%	2.32%	1.25%	2.28%	2.25%
Return On Investment Capital (ROIC_SIMPLE)	-	-2.16%	-	-	-	-0.26%	-	-	-	3.07%
Cost of Revenue to Revenue	74.72%	75.14%	76.21%	73.72%	72.38%	74.30%	73.62%	72.88%	71.71%	73.25%
SG&A Expenses to Revenue	6.12%	4.47%	4.93%	5.92%	6.04%	7.07%	5.34%	5.10%	5.47%	5.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.82%	14.61%	14.68%	15.78%	15.18%	14.64%	12.76%	12.03%	11.52%	11.71%
Earnings before Interest and Taxes (EBIT)	14	18	17	20	24	22	29	25	39	34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	33	37	36	38	42	39	45	41	53	48
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.55	0.60	0.41	0.39	0.34	0.36	0.32	0.52	0.62	1.03
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.61	1.71	1.57	1.58	1.53	1.60	1.58	1.84	1.98	2.54
Enterprise Value to Revenue (EV/Rev)	1.82	1.83	1.57	1.53	1.48	1.48	1.43	1.60	1.64	2.01
Enterprise Value to EBITDA (EV/EBITDA)	8.65	9.26	7.91	7.49	7.04	7.21	6.75	7.77	7.84	9.46
Enterprise Value to EBIT (EV/EBIT)	19.44	21.37	17.34	15.64	13.71	13.46	11.71	12.93	12.11	14.02
Enterprise Value to NOPAT (EV/NOPAT)	16.62	0.00	0.00	0.00	0.00	0.00	42.51	35.23	19.69	20.59
Enterprise Value to Operating Cash Flow (EV/OCF)	18.34	17.20	12.32	12.46	11.73	13.79	16.61	17.02	19.79	20.67
Enterprise Value to Free Cash Flow (EV/FCFF)	14.13	0.00	0.00	0.00	0.00	0.00	57.91	76.67	18.13	19.67
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.50	4.56	4.92	5.13	5.28	5.68	5.70	-12.65	-13.87	-5.64
Long-Term Debt to Equity	4.45	4.51	4.87	5.08	5.23	5.62	5.64	-12.53	-13.73	-5.58
Financial Leverage	4.41	4.08	4.34	4.47	4.65	4.74	4.99	25.99	22.86	-27.59
Leverage Ratio	10.13	9.78	10.55	11.30	11.59	12.18	13.08	62.19	56.14	-65.59
Compound Leverage Factor	0.64	1.17	-0.40	1.01	2.03	0.98	3.55	8.65	22.47	-20.47
Debt to Total Capital	81.81%	82.00%	83.11%	83.69%	84.07%	85.02%	85.07%	108.58%	107.77%	121.56%
Short-Term Debt to Total Capital	0.85%	0.84%	0.86%	0.87%	0.84%	0.89%	0.89%	1.11%	1.10%	1.24%
Long-Term Debt to Total Capital	80.97%	81.16%	82.24%	82.82%	83.23%	84.13%	84.18%	107.47%	106.67%	120.32%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	30.73%	32.09%	32.81%	33.92%	34.32%	34.64%	36.24%	14.28%	14.12%	0.24%
Common Equity to Total Capital	-12.54%	-14.10%	-15.92%	-17.61%	-18.39%	-19.66%	-21.32%	-22.86%	-21.89%	-21.80%
Debt to EBITDA	4.52	4.62	4.34	4.12	4.04	4.11	3.88	4.89	4.59	4.98
Net Debt to EBITDA	4.34	4.40	4.15	3.91	3.79	3.78	3.59	4.60	4.29	4.60
Long-Term Debt to EBITDA	4.48	4.57	4.30	4.07	4.00	4.06	3.84	4.84	4.55	4.92
Debt to NOPAT	8.69	-16.04	-13.34	-11.41	-24.05	-42.74	24.42	22.14	11.53	10.83
Net Debt to NOPAT	8.34	-15.27	-12.74	-10.83	-22.57	-39.29	22.62	20.86	10.76	10.01
Long-Term Debt to NOPAT	8.60	-15.87	-13.20	-11.29	-23.82	-42.29	24.16	21.92	11.41	10.71
Altman Z-Score	0.58	0.64	0.56	0.52	0.53	0.53	0.54	0.57	0.64	0.74
Noncontrolling Interest Sharing Ratio	162.34%	160.38%	170.22%	180.31%	190.78%	202.62%	217.49%	677.23%	610.36%	-499.34%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.03	1.04	1.01	1.00	1.02	1.03	1.04	1.03	1.04	1.05
Quick Ratio	0.14	0.16	0.13	0.10	0.11	0.12	0.12	0.11	0.12	0.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-0.23	-13	37	22	1.63	7.90	12	-11	32	28
Operating Cash Flow to CapEx	376.68%	266.06%	548.49%	397.68%	478.29%	143.22%	201.32%	561.86%	372.61%	511.01%
Free Cash Flow to Firm to Interest Expense	-0.02	-0.78	2.07	1.24	0.08	0.38	0.56	-0.49	1.38	1.19
Operating Cash Flow to Interest Expense	1.51	1.23	1.56	1.08	1.29	0.42	0.64	1.32	0.85	1.03
Operating Cash Flow Less CapEx to Interest Expense	1.11	0.77	1.28	0.81	1.02	0.13	0.32	1.09	0.62	0.83
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.49	0.50	0.49	0.50	0.51	0.51	0.51	0.51	0.51
Accounts Receivable Turnover	10.30	9.72	9.22	10.90	11.22	11.06	10.69	12.93	12.67	13.91
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	23.04	22.15	22.30	21.64	20.49	19.04	18.25	18.33	18.23	18.11
Accounts Payable Turnover	10.48	10.63	10.45	9.27	10.19	10.72	10.72	9.43	10.11	11.17
Days Sales Outstanding (DSO)	35.43	37.55	39.60	33.50	32.53	33.01	34.13	28.23	28.82	26.25
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	34.82	34.33	34.94	39.38	35.81	34.04	34.04	38.72	36.09	32.69
Cash Conversion Cycle (CCC)	0.61	3.22	4.66	-5.88	-3.28	-1.03	0.09	-10.49	-7.27	-6.44
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	711	709	696	686	709	700	703	706	703	696
Invested Capital Turnover	0.88	0.94	0.98	1.02	1.03	1.07	1.11	1.17	1.21	1.26
Increase / (Decrease) in Invested Capital	-12	1.82	-25	-29	-2.11	-9.19	6.95	20	-6.06	-4.02
Enterprise Value (EV)	1,146	1,213	1,091	1,085	1,087	1,121	1,111	1,300	1,394	1,769
Market Capitalization	346	400	283	277	248	273	248	423	525	907
Book Value per Share	($1.20)	($1.37)	($1.45)	($1.64)	($1.78)	($1.93)	($2.11)	($2.15)	($2.16)	($2.16)
Tangible Book Value per Share	($9.89)	($10.03)	($9.64)	($9.98)	($10.42)	($10.39)	($10.52)	($10.08)	($10.29)	($10.16)
Total Capital	732	738	720	712	741	751	750	753	758	765
Total Debt	599	605	598	596	623	639	638	817	816	930
Total Long-Term Debt	593	599	592	590	617	632	631	809	808	921
Net Debt	575	576	572	566	584	587	591	770	762	861
Capital Expenditures (CapEx)	5.37	7.50	5.05	4.82	5.40	5.99	6.61	5.11	5.33	4.65
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.42	-0.37	-12	-20	-16	-16	-7.84	-15	-8.42	-6.77
Debt-free Net Working Capital (DFNWC)	25	29	15	9.64	23	36	39	32	46	63
Net Working Capital (NWC)	19	22	8.93	3.44	17	29	32	24	38	53
Net Nonoperating Expense (NNE)	-12	-9.52	12	-6.11	-0.40	-1.19	14	8.40	15	16
Net Nonoperating Obligations (NNO)	578	576	574	569	591	587	591	770	762	861
Total Depreciation and Amortization (D&A)	19	19	19	19	18	16	16	16	14	14
Debt-free, Cash-free Net Working Capital to Revenue	0.07%	-0.06%	-1.69%	-2.85%	-2.14%	-2.06%	-1.01%	-1.88%	-0.99%	-0.77%
Debt-free Net Working Capital to Revenue	3.93%	4.32%	2.18%	1.36%	3.11%	4.76%	5.04%	3.92%	5.41%	7.15%
Net Working Capital to Revenue	2.94%	3.39%	1.28%	0.48%	2.26%	3.87%	4.17%	2.90%	4.43%	6.07%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.13)	($0.15)	($0.15)	($0.16)	($0.16)	($0.16)	($0.10)	($0.23)	$0.07	($0.05)
Adjusted Weighted Average Basic Shares Outstanding	77.98M	78.23M	78.13M	78.29M	78.38M	78.33M	78.02M	77.74M	77.97M	77.99M
Adjusted Diluted Earnings per Share	($0.13)	($0.15)	($0.15)	($0.16)	($0.16)	($0.16)	($0.10)	($0.23)	$0.07	($0.05)
Adjusted Weighted Average Diluted Shares Outstanding	77.98M	78.23M	78.13M	78.29M	78.38M	78.33M	78.02M	77.74M	80.10M	77.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	76.00M	78.89M	76.50M	76.57M	76.72M	75.79M	80.07M	76.83M	77.17M	79.52M
Normalized Net Operating Profit after Tax (NOPAT)	9.86	13	12	13	16	15	19	23	26	23
Normalized NOPAT Margin	5.92%	7.17%	6.37%	7.35%	8.71%	7.74%	9.10%	10.56%	11.47%	10.35%
Pre Tax Income Margin	0.54%	1.24%	-0.35%	0.96%	2.24%	0.91%	3.78%	1.60%	6.83%	4.62%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.07	1.14	0.96	1.10	1.21	1.09	1.37	1.16	1.67	1.45
NOPAT to Interest Expense	-0.92	-0.67	0.67	-0.38	-0.02	-0.06	0.90	0.43	1.12	1.02
EBIT Less CapEx to Interest Expense	0.67	0.67	0.68	0.83	0.94	0.80	1.06	0.93	1.44	1.25
NOPAT Less CapEx to Interest Expense	-1.33	-1.13	0.38	-0.65	-0.29	-0.35	0.58	0.20	0.89	0.82
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	118.72%	-532.98%	-834.65%	-691.84%	-710.73%	-1,885.43%	462.85%	387.10%	173.22%	98.46%
Augmented Payout Ratio	159.11%	-880.33%	-1,182.87%	-890.69%	-862.18%	-1,981.24%	483.36%	436.69%	194.65%	104.87%

Frequently Asked Questions About Priority Technology's Financials

When does Priority Technology's fiscal year end?

According to the most recent income statement we have on file, Priority Technology's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Priority Technology's net income changed over the last 2 years?

Priority Technology's net income appears to be on an upward trend, with a most recent value of $24.02 million in 2024, falling from -$2.15 million in 2022. The previous period was -$1.31 million in 2023. View Priority Technology's forecast to see where analysts expect Priority Technology to go next.

What is Priority Technology's operating income?

Priority Technology's total operating income in 2024 was $133.42 million, based on the following breakdown:

Total Gross Profit: $238.87 million
Total Operating Expenses: $105.44 million

How has Priority Technology revenue changed over the last 2 years?

Over the last 2 years, Priority Technology's total revenue changed from $663.64 million in 2022 to $879.70 million in 2024, a change of 32.6%.

How much debt does Priority Technology have?

Priority Technology's total liabilities were at $1.99 billion at the end of 2024, a 32.5% increase from 2023, and a 60.6% increase since 2022.

How much cash does Priority Technology have?

In the past 2 years, Priority Technology's cash and equivalents has ranged from $18.45 million in 2022 to $58.60 million in 2024, and is currently $58.60 million as of their latest financial filing in 2024.

How has Priority Technology's book value per share changed over the last 2 years?

Over the last 2 years, Priority Technology's book value per share changed from -1.37 in 2022 to -2.16 in 2024, a change of 57.9%.

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This page (NASDAQ:PRTH) was last updated on 5/5/2025 by MarketBeat.com Staff

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Priority Technology (PRTH) Financials

Frequently Asked Questions About Priority Technology's Financials

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Priority Technology (PRTH) Financials

Annual Income Statements for Priority Technology

Quarterly Income Statements for Priority Technology

Annual Cash Flow Statements for Priority Technology

Quarterly Cash Flow Statements for Priority Technology

Annual Balance Sheets for Priority Technology

Quarterly Balance Sheets for Priority Technology

Annual Metrics and Ratios for Priority Technology

Quarterly Metrics and Ratios for Priority Technology

Frequently Asked Questions About Priority Technology's Financials

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