PRTH Q1 2024 Earnings — Priority Technology Holdings, Inc. Revenue & Financial Results | Market Cap Arena

PRTHPriority Technology Holdings, Inc.

$453M

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$206M+11.2% YoY

Gross Profit

$76M37.1% margin

Operating Income

$28M13.6% margin

Net Income

$5M2.2% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.5B

Stockholders' Equity

$104M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$206M	$185M	+11.2%
Gross Profit	$76M	$63M	+21.2%
Operating Income	$28M	$17M	+66.3%
Net Income	$5M	-$506,000	+1011.5%

Revenue Segments

Merchant Card Fees

$158M77%

Money Transmissions Services

$29M14%

Outsourced Services And Other Services

$16M8%

Product

$3M1%