PRTHPriority Technology Holdings, Inc.

$453M

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$185M+20.7% YoY

Gross Profit

$63M34.1% margin

Operating Income

$17M9.1% margin

Net Income

-$506,000-0.3% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.3B

Stockholders' Equity

$121M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$185M	$153M	+20.7%
Gross Profit	$63M	$52M	+21.8%
Operating Income	$17M	$11M	+55.6%
Net Income	-$506,000	-$333,000	-52.0%

Revenue Segments

Merchant Card Fees

$150M81%

Money Transmissions Services

$21M12%

Outsourced Services And Other Services

$11M6%

Product

$3M2%

PRTH Q1 2023 Earnings — Priority Technology Holdings, Inc. Revenue & Financial Results | Market Cap Arena