PRTH Q2 2023 Earnings — Priority Technology Holdings, Inc. Revenue & Financial Results | Market Cap Arena

PRTHPriority Technology Holdings, Inc.

$453M

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$182M+9.5% YoY

Gross Profit

$67M36.8% margin

Operating Income

$19M10.5% margin

Net Income

-$612,000-0.3% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.4B

Stockholders' Equity

$115M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$182M	$166M	+9.5%
Gross Profit	$67M	$56M	+20.3%
Operating Income	$19M	$13M	+46.5%
Net Income	-$612,000	$287,000	-313.2%

Revenue Segments

Merchant Card Fees

$145M79%

Money Transmissions Services

$24M13%

Outsourced Services And Other Services

$11M6%

Product

$3M2%