PRTH · Priority Technology Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $953.01M | $879.70M | $755.61M | $663.64M | $514.90M | $404.34M |
| Cost of Revenue | - | - | - | - | - | $277.37M |
| Gross Profit | - | - | - | - | - | $126.97M |
| R&D | - | - | - | - | - | - |
| SG&A | $62.48M | $47.40M | $45.41M | $34.97M | $28.41M | $25.82M |
| Total Operating Expenses | $811.76M | $746.28M | $674.09M | $607.48M | $481.81M | $383.48M |
| D&A | $63.18M | $58.04M | $68.39M | $70.68M | $49.70M | $40.77M |
| Operating Income | $141.25M | $133.42M | $81.52M | $56.16M | $33.09M | $20.86M |
| Interest Expense | $90.65M | $88.95M | $76.11M | $53.55M | $36.48M | $44.84M |
| Income Tax | ($9.40M) | $13.27M | $8.46M | $5.35M | ($5.26M) | $10.90M |
| Net Income | $55.68M | $24.02M | ($1.31M) | ($39.03M) | ($24.64M) | $25.66M |
| EPS - Basic | $0.70 | ($0.31) | ($0.63) | ($0.50) | ($0.34) | $0.38 |
| EPS - Diluted | $0.68 | ($0.31) | ($0.63) | ($0.50) | ($0.34) | $0.38 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $77.19M | $58.60M | $39.60M | $18.45M | $9.24M | $88.12M |
| Accounts Receivable | $91.30M | $67.97M | $58.55M | $78.11M | $58.42M | $41.32M |
| Inventory | $8.10M | - | - | - | - | - |
| Accounts Payable | $19.55M | $14.59M | - | - | - | - |
| Current Assets | $1.52B | $1.11B | $881.29M | $652.47M | $603.13M | $135.88M |
| Total Assets | $2.40B | $1.83B | $1.62B | $1.37B | $1.35B | $417.83M |
| Current Liabilities | $1.41B | $1.05B | $852.07M | $630.00M | $583.57M | $148.85M |
| Long-term Debt | $1.04B | $920.89M | $631.97M | $598.93M | $604.11M | $357.87M |
| Total Liabilities | $2.49B | $1.99B | $1.50B | $1.24B | $1.21B | $516.39M |
| Stockholders' Equity | ($100.42M) | ($166.84M) | ($147.72M) | ($64.24M) | ($64.24M) | ($98.56M) |
| Retained Earnings | ($91.45M) | ($147.13M) | ($134.95M) | ($102.21M) | ($100.06M) | ($102.01M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $100.00M | $85.61M | $81.26M | $70.52M | $9.38M | $47.07M |
| Investing Cash Flow | ($174.04M) | ($35.55M) | ($55.75M) | ($36.50M) | ($451.03M) | $166.40M |
| Financing Cash Flow | $426.17M | $147.58M | $210.10M | $8.50M | $871.63M | ($175.81M) |
| CapEx | $24.93M | $21.69M | $21.26M | $18.88M | $9.72M | $7.46M |
| Free Cash Flow | $75.08M | $63.92M | $60.00M | $51.64M | ($342.0K) | $39.61M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | 31.4% |
| Operating margin | 14.8% | 15.2% | 10.8% | 8.5% | 6.4% | 5.2% |
| EBITDA margin | 21.5% | 21.8% | 19.8% | 19.1% | 16.1% | 15.2% |
| Net margin | 5.8% | 2.7% | -0.2% | -5.9% | -4.8% | 6.3% |
| Free cash flow margin | 7.9% | 7.3% | 7.9% | 7.8% | -0.1% | 9.8% |
| FCF / Net income | 1.35 | 2.66 | -45.77 | -1.32 | 0.01 | 1.54 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 6.6% | 5.4% | 6.0% | 5.3% | 5.5% | 6.4% |
| Effective tax rate | -20.3% | 35.6% | 118.3% | - | - | 29.8% |
| Return on assets | 2.3% | 1.3% | -0.1% | -2.8% | -1.8% | 6.1% |
| Return on equity | -55.5% | -14.4% | 0.9% | 60.8% | 38.4% | -26.0% |
| Return on invested capital | 15.0% | 11.4% | 8.4% | 8.3% | 4.8% | 5.6% |
| Liquidity | ||||||
| Current ratio | 1.07 | 1.05 | 1.03 | 1.04 | 1.03 | 0.91 |
| Quick ratio | 1.07 | 1.05 | 1.03 | 1.04 | 1.03 | 0.91 |
| Cash ratio | 0.05 | 0.06 | 0.05 | 0.03 | 0.02 | 0.59 |
| Leverage | ||||||
| Debt / Equity | -10.35 | -5.52 | -4.28 | -9.32 | -9.40 | -3.63 |
| Debt / Assets | 0.43 | 0.50 | 0.39 | 0.44 | 0.45 | 0.86 |
| Debt / EBITDA | 5.08 | 4.81 | 4.22 | 4.72 | 7.30 | 5.81 |
| Interest coverage | 1.6x | 1.5x | 1.1x | 1.0x | 0.9x | 0.5x |
| Equity multiplier | -23.89 | -10.95 | -10.94 | -21.38 | -21.05 | -4.24 |
| Liabilities / Assets | 1.04 | 1.09 | 0.93 | 0.90 | 0.89 | 1.24 |
| Efficiency | ||||||
| Asset turnover | 0.40 | 0.48 | 0.47 | 0.48 | 0.38 | 0.97 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 35d | 28d | 28d | 43d | 41d | 37d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 8.0x | - | - | - | - | 18.5x |
| P / B | - | - | - | - | - | - |
| P / S | 0.5x | 1.0x | 0.4x | 0.6x | 1.0x | 1.2x |
| EV / EBITDA | 6.9x | 9.3x | 5.8x | 7.8x | 13.3x | 12.1x |
| Growth | ||||||
| Revenue growth (YoY) | 8.3% | 16.4% | 13.9% | 28.9% | 27.3% | - |
| Revenue CAGR (3y) | 12.8% | 19.5% | 23.2% | - | - | - |
| Revenue CAGR (5y) | 18.7% | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 5.9% | 63.7% | 45.2% | 69.7% | 58.6% | - |
| Net income growth (YoY) | 131.9% | - | 96.6% | -58.4% | - | - |
| EPS growth (YoY) | - | 50.8% | -26.0% | -47.1% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | 12.3% | - | - | - | - | - |
| FCF growth (YoY) | 17.5% | 6.5% | 16.2% | - | - | - |
| FCF CAGR (5y) | 13.6% | - | - | - | - | - |
| Book value growth (YoY) | 39.8% | -12.9% | -130.0% | 0.0% | 34.8% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$958.72M totalMerchant Solutions Segment$642.07M · 67.0%
Treasury Solutions Segment$215.78M · 22.5%
Payables Segment$100.87M · 10.5%
Product / service
$953.01M totalCredit Card Merchant Discount$710.91M · 74.6%
Money Transmissions Services$159.17M · 16.7%
Outsourced Services And Other Services$70.71M · 7.4%
Product$12.22M · 1.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.56
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing Priority Technology Holdings against the 5 most active filers in the same SIC group.