← Priority Technology Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $344.1m |
$425.6m
+23.69%
|
$424.4m
-0.28%
|
$371.9m
-12.38%
|
$404.3m
+8.74%
|
$514.9m
+27.34%
|
$663.6m
+28.89%
|
$755.6m
+13.86%
|
$879.7m
+16.42%
|
$953.0m
+8.33%
|
$1.0b
+4.97%
|
|
| Cost of Revenue | $138k |
$278.5m
+202407.83%
|
$269.3m
-3.31%
|
$252.6m
-6.21%
|
$277.4m
+9.82%
|
$359.9m
+29.75%
|
$436.8m
+21.36%
|
$480.3m
+9.97%
|
$551.6m
+14.85%
|
$578.3m
+4.84%
|
$606.7m
+4.91%
|
|
| Gross Profit | $344.0m |
$147.1m
-57.23%
|
$155.1m
+5.45%
|
$119.3m
-23.11%
|
$127.0m
+6.44%
|
$155.0m
+22.09%
|
$226.9m
+46.36%
|
$275.3m
+21.34%
|
$328.1m
+19.17%
|
$374.7m
+14.21%
|
$393.7m
+5.07%
|
|
| Selling, general and administrative | $16.9m | $22.5m | $32.1m | $30.8m | $25.8m | $28.4m | $35.0m | $45.4m | $47.4m | $62.5m | $182.1m | |
| Total operating expenses | $36k | $120k | $404.5m | $364.7m | $383.5m | $481.8m | $607.5m | $674.1m | $746.3m | $811.8m | $862.7m | |
| Operating income | $25.8m |
$35.2m
+36.41%
|
$19.9m
-43.49%
|
$7.2m
-63.93%
|
$20.9m
+190.38%
|
$33.1m
+58.64%
|
$56.2m
+69.72%
|
$81.5m
+45.15%
|
$133.4m
+63.66%
|
$141.2m
+5.86%
|
$137.7m
-2.51%
|
|
| Interest expense | ($4.8m) | ($25.1m) | ($29.9m) | ($40.7m) | ($44.8m) | ($36.5m) | ($53.6m) | ($76.1m) | ($88.9m) | ($90.7m) | $86.5m | |
| Other income, net | ($877k) | ($5.6m) | ($6.8m) | $710k | $596k | $202k | $589k | $1.7m | $3.2m | $8.2m | ($3.7m) | |
| Total other expense, net | $65k | $827k | ($36.7m) | ($39.9m) | $61.1m | ($37.0m) | ($53.0m) | ($74.4m) | ($96.1m) | ($95.0m) | — | |
| Income before income taxes | $20.2m | $4.6m | ($16.8m) | ($32.8m) | $82.0m | ($3.9m) | $3.2m | $7.2m | $37.3m | $46.3m | $47.5m | |
| Income tax (benefit) expense | $0 | $0 | ($1.8m) | $830k | $10.9m | ($5.3m) | $5.3m | $8.5m | $13.3m | ($9.4m) | — | |
| Net income (loss) | $20.2m |
$4.6m
-77.24%
|
($15.0m)
-427.41%
|
($33.6m)
-123.32%
|
$71.1m
+311.55%
|
$1.4m
-98.05%
|
($2.1m)
-254.79%
|
($1.3m)
+39.02%
|
$24.0m
+1931.81%
|
$55.7m
+131.86%
|
$56.2m
+0.85%
|
|
| Net income (loss) attributable to common stockholders | $20.2m |
$4.6m
-77.24%
|
($15.0m)
-427.41%
|
($33.6m)
-123.32%
|
$25.7m
+176.40%
|
($24.6m)
-196.03%
|
($39.0m)
-58.39%
|
($49.1m)
-25.69%
|
($24.0m)
+51.16%
|
$55.7m
+332.39%
|
$56.2m
+0.85%
|
|
| Basic (in dollars per share) | ($0.06) | ($0.19) | ($0.24) | ($0.50) | $1.06 | $0.02 | ($0.03) | ($0.02) | $0.31 | $0.70 | — | |
| Diluted (in dollars per share) | ($0.06) | ($0.19) | ($0.24) | ($0.50) | $1.06 | $0.02 | ($0.03) | ($0.02) | $0.31 | $0.68 | — | |
| Costs of services (excludes depreciation and amortization) | $138k | $278.5m | $269.3m | $252.6m | $277.4m | $359.9m | $436.8m | $480.3m | $551.6m | $578.3m | — | |
| Salary and employee benefits | $32.3m | $32.4m | $38.3m | $42.2m | $39.5m | $43.8m | $65.1m | $80.0m | $89.2m | $107.8m | — | |
| Depreciation and amortization | $14.7m | $14.7m | $19.7m | $39.1m | $40.8m | $49.7m | $70.7m | $68.4m | $58.0m | $63.2m | $73.8m | |
| Debt extinguishment and modification costs | — | — | ($2.0m) | $0 | ($1.9m) | ($8.3m) | $0 | $0 | ($10.4m) | ($12.5m) | — | |
| Less: Dividends, accretion, and related excise tax attributable to redeemable senior preferred stockholders | — | — | — | $0 | $0 | ($18.0m) | ($36.9m) | ($47.7m) | ($47.3m) | $0 | — | |
| Less: Return on redeemable NCI in consolidated subsidiary | — | — | $0 | $0 | ($45.4m) | — | $0 | $0 | ($639k) | $0 | — | |
| Foreign currency translation adjustments | — | — | — | — | — | $0 | $0 | ($29k) | ($147k) | ($34k) | — | |
| Comprehensive income (loss) | — | — | — | — | — | ($24.6m) | ($39.0m) | ($49.1m) | ($24.1m) | $55.6m | — |