Priority Technology Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $953.0M | $879.7M | $755.6M | $663.6M | $514.9M | $404.3M | $371.9M | $375.8M |
| Cost of Revenue | — | — | — | — | — | $277.4M | $252.6M | $269.3M |
| Gross Profit | — | — | — | — | — | $127.0M | $119.3M | $106.5M |
| Gross Margin | — | — | — | — | — | 31.4% | 32.1% | 28.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $62.5M | $47.4M | $45.4M | $35.0M | $28.4M | $25.8M | $30.8M | $32.1M |
| Operating Income | $141.2M | $133.4M | $81.5M | $56.2M | $33.1M | $20.9M | $7.2M | $16.4M |
| Operating Margin | 14.8% | 15.2% | 10.8% | 8.5% | 6.4% | 5.2% | 1.9% | 4.4% |
| Interest Expense | $90.7M | $88.9M | $76.1M | $53.6M | $36.5M | $44.8M | $40.7M | $29.9M |
| Pretax Income | $46.3M | $37.3M | $7.2M | — | — | — | — | — |
| Income Tax Expense | $-9.4M | $13.3M | $8.5M | $5.4M | $-5.3M | $10.9M | $830.0K | $-2.5M |
| Net Income | $55.7M | $24.0M | $-1.3M | $-2.2M | $1.4M | $25.7M | $-33.6M | $-17.8M |
| Net Margin | 5.8% | 2.7% | -0.2% | -0.3% | 0.3% | 6.3% | -9.0% | -4.7% |
| EPS (Basic) | $0.70 | $-0.31 | $-0.63 | $-0.50 | $-0.34 | $0.38 | $-0.50 | $-0.29 |
| EPS (Diluted) | $0.68 | $-0.31 | $-0.63 | $-0.50 | $-0.34 | $0.38 | $-0.50 | $-0.29 |
| Shares Outstanding (Basic) | 79.8M | 78.0M | 78.3M | 78.2M | 71.9M | 67.2M | 67.1M | 61.6M |
| Shares Outstanding (Diluted) | 81.5M | 78.0M | 78.3M | 78.2M | 71.9M | 67.3M | 67.1M | 61.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |