PRTH Q3 2023 Earnings — Priority Technology Holdings, Inc. Revenue & Financial Results | Market Cap Arena

PRTHPriority Technology Holdings, Inc.

$453M

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$189M+13.6% YoY

Gross Profit

$72M38.3% margin

Operating Income

$24M12.4% margin

Net Income

-$87,000-0.0% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.4B

Stockholders' Equity

$117M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$189M	$166M	+13.6%
Gross Profit	$72M	$58M	+23.7%
Operating Income	$24M	$14M	+66.9%
Net Income	-$87,000	-$792,000	+89.0%

Revenue Segments

Merchant Card Fees

$147M78%

Money Transmissions Services

$26M14%

Outsourced Services And Other Services

$13M7%

Product

$3M2%