PRTH Q2 2024 Earnings — Priority Technology Holdings, Inc. Revenue & Financial Results | Market Cap Arena

PRTHPriority Technology Holdings, Inc.

$453M

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$220M+20.6% YoY

Gross Profit

$82M37.2% margin

Operating Income

$33M15.1% margin

Net Income

$936,0000.4% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$24M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.7B

Stockholders' Equity

-$66M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$220M	$182M	+20.6%
Gross Profit	$82M	$67M	+22.0%
Operating Income	$33M	$19M	+73.4%
Net Income	$936,000	-$612,000	+252.9%

Revenue Segments

Merchant Card Fees

$169M77%

Money Transmissions Services

$31M14%

Outsourced Services And Other Services

$16M7%

Product

$3M1%