Priority Technology Holdings, Inc.
NASDAQ•PRTH
CEO: Mr. Thomas Charles Priore
Sector: Technology
Industry: Software - Infrastructure
Listing Date: 2016-12-06
Priority Technology Holdings, Inc. operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing. The company also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, it provides curated managed services; payment-adjacent technologies to facilitate the acceptance of electronic payments from customers; and Plastiq payables management software, which helps businesses in improving cash flow with instant access to working capital. Further, the company offers embedded finance and BaaS solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. It serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. The company was founded in 2005 and is headquartered in Alpharetta, Georgia.
Contact Information
Market Cap
$453.15M
P/E (TTM)
8.4
65.8
Dividend Yield
--
52W High
$12.47
52W Low
$4.44
52W Range
Rank62Top 82.4%
2.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$241.44M+6.34%
4-Quarter Trend
EPS
$0.34+382.95%
4-Quarter Trend
FCF
$30.12M+107.43%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Nine Month Revenue Growth Nine months revenue reached $705.9M, growing 8.2% from $652.6M in the prior comparable period.
Net Income Turnaround Nine months Net Income was $46.7M, a significant improvement from the $(20.2M) loss attributable to common stockholders in 2024.
Strategic Acquisitions Completed Acquired Payslate, Sila (resulting in $3.5M bargain gain), and Boom Commerce assets, expanding Treasury Solutions offerings.
Financing Activity Strong Nine months cash provided by financing was $288.6M, driven by debt refinancing and new credit facility borrowings.
Risk Factors
Stockholders' Deficit Persists Total stockholders' deficit remains substantial at $(110.3M) as of September 30, 2025, despite improvement from prior year.
High Investing Cash Usage Nine months cash used in investing activities totaled $(151.9M), heavily impacted by recent business acquisitions and asset purchases.
Internal Control Material Weakness Management disclosed a material weakness in internal controls over financial reporting as of September 30, 2025, related to automated controls.
Debt Covenant Compliance Needed Compliance with 2024 Credit Agreement requires adherence to Total Net Leverage Ratio restrictions if revolving usage exceeds 35%.
Outlook
DMS Business Integration Planned Acquired DMS business assets in October 2025 to complement and enhance the Merchant Solutions segment offerings.
Credit Facility Expansion Finalized Increased 2024 Credit Agreement term loan facility by $35.0M in October 2025 to fund the recent DMS acquisition.
Debt Prepayment Made Made a voluntary principal prepayment of $15.0M on the 2024 Credit Agreement term facility during October 2025.
New Accounting Standards Adoption Will adopt ASU 2024-01 and ASU 2023-09 in future periods, primarily impacting income tax and compensation disclosures.
Peer Comparison
Revenue (TTM)
$3.85B
BMBL$1.00B
DAVA$988.59M
Gross Margin (Latest Quarter)
VERI95.9%
79.9%
73.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CINT | $646.21M | 31.4 | 11.0% | 28.3% |
| CGNT | $620.37M | -139.5 | -2.3% | 6.4% |
| DJCO | $606.70M | 6.3 | 30.9% | 5.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.1%
Moderate Growth
4Q Net Income CAGR
52.0%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 6, 2025|Revenue: $241.44M+6.3%|EPS: $0.34+383.0%MeetForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $239.81M+9.1%|EPS: $0.14-160.9%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 6, 2025|Revenue: $224.63M+9.2%|EPS: $0.10+69.2%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 6, 2025|Revenue: $879.70M+16.4%|EPS: $-0.31+50.8%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $227.05M+20.1%|EPS: $0.07-6500.0%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $219.87M+20.6%|EPS: $-0.23+2848.7%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $205.72M+11.2%|EPS: $0.06-1009.2%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 12, 2024|Revenue: $755.61M+13.9%|EPS: $-0.63-2190.9%Miss